Global Technical Pricing Lead

Markel Corporation; Greater London; On-site; GBP 95,000 - 130,000; Full time

Benefits offered by this job

Pension up to 16%

Private medical and dental cover

Life assurance & income protection

25 days holiday + bank holidays

Opportunities to learn and develop

Job summary

Markel International is seeking a pricing specialist to lead the technical calibration of pricing models across International, working with regional Portfolio Managers in five divisions to ensure models are actuarially sound and useful to underwriters.

You will drive end-to-end calibration, support regional maturity frameworks, and collaborate with the Pricing Transformation team on the HX platform, providing governance and standards.

Qualifications

• Significant experience in technical pricing within the London Market or specialty insurance sector.
• Strong actuarial and pricing expertise, with deep experience of pricing model development, validation, calibration and performance monitoring.
• Experience designing and implementing pricing governance, controls and model management frameworks.
• Strong understanding of rating methodologies, technical vs market ratios, rate adequacy concepts and portfolio performance drivers.
• Ability to balance technical rigour with commercial pragmatism, turning analytical insight into practical business outcomes.

Responsibilities

• Sit within the Portfolio Management team and lead on technical pricing calibration across International, ensuring models remain robust, accurate and aligned to underwriting strategy.
• Lead the end-to-end calibration and recalibration process for pricing models, setting risk-based review cycles based on materiality, performance and model maturity.
• Enable regional Portfolio Managers across five divisions to build and maintain their own pricing model maturity frameworks, providing the standards, tools and technical steer to do so consistently.
• Work closely with local Portfolio Managers, adapting to different operating models and levels of maturity across each region.
• Partner with the Pricing Transformation team to ensure calibration work, model changes and technical standards are delivered effectively within the HX platform.
• Provide a consistent technical pricing standard across the divisions, so that local models remain comparable, well governed and fit for purpose.
• Translate portfolio management insights into pricing model improvements, and feed pricing model data back to support segment-level performance analysis.
• Collaborate with Actuarial and Underwriting Strategy & Performance teams on methodology, technical standards, peer review and final model sign-off.
• Support divisional PMs as HX is rolled out across UK, Europe and Canada, and as the new portfolio management team is established in APAC.
• Coach and develop pricing and portfolio management colleagues across the divisions, raising technical calibration capability.

Skills

Technical pricing

Actuarial pricing

Pricing governance

Stakeholder influence

Communication

Cross-functional collaboration

Job description

Markel International is seeking a pricing specialist to lead the technical calibration of pricing models across International, working with regional Portfolio Managers in five divisions to ensure models are actuarially sound and useful to underwriters.

You will drive end-to-end calibration, support regional maturity frameworks, and collaborate with the Pricing Transformation team on the HX platform, providing governance and standards.