Pricing Transformation Lead

Markel Corporation; City of Westminster; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance firm based in the United Kingdom seeks a Senior Leadership role for its Pricing Transformation function. The ideal candidate will drive strategic change through technical pricing development and stakeholder engagement. Responsibilities include leading pricing transformation initiatives, collaborating with underwriting teams, and owning the design of innovative models. The organization offers a competitive salary, benefits, and a dynamic work environment for those who aspire to make meaningful contributions.

Benefits

Up to 16% company pension scheme

Private medical and dental cover

Income protection and life assurance

25 days paid holiday plus bank holidays

Electric car scheme

Qualifications

• Deep technical expertise in pricing and underwriting.
• Experience in pricing transformation initiatives.
• Ability to lead teams and collaborate with stakeholders.

Responsibilities

• Lead the design and delivery of pricing transformation initiatives.
• Drive technical pricing development, including recalibration and rate adequacy.
• Collaborate with underwriting teams to achieve outcomes.

Skills

Excel

Python

Stakeholder engagement

Problem-solving

Job description

A senior leadership role embedded within the Pricing Transformation function, responsible for driving strategic and technical change across pricing, underwriting, and model development. This is not a traditional actuarial or consulting role – it combines deep technical expertise with transformation delivery, stakeholder engagement, and team enablement. You will shape the future of pricing in General Insurance through innovation and transformation, solve complex problems with high‑impact, low‑effort solutions that directly influence underwriting and portfolio performance, and act as a senior decision‑maker, partnering with leadership to define and deliver change.

We’re all about people | We win together | We strive for better | We enjoy the everyday | We think further.

Who we are

The International Portfolio Analytics (IPA) team at Markel is a dynamic, multi‑functional group that operates with creativity, autonomy, and empowerment. Embedded within the underwriting business and represented in senior leadership forums, the team supports all divisions of Markel International. Its core focus lies in the key areas essential to driving profitability and performance for a specialty lines insurer: Portfolio Management, Pricing Transformation, Advanced Analytics, and Catastrophe & Exposure Management. Part of Markel Group (NYSE – MKL) a Fortune 500 company with over 60 offices in 20+ countries, it is a holding company for insurance, reinsurance, specialist advisory, and investment operations around the world.

What you’ll be doing

• Lead the design and delivery of pricing transformation initiatives, including innovation of models in Excel and Python, and underwriting engagement.
• Own and drive technical pricing development, including recalibration, rate adequacy, and feature expansion.
• Collaborate with underwriting teams to deliver outcomes.

What’s in it for you

• Great starting salary plus annual bonus and strong benefits package.
• Up to 16% company pension scheme.
• Private medical and dental cover.
• Menopause plan and emergency care benefit (children/pets/dependants).
• Income protection and life assurance.
• Electric car scheme and travel insurance.
• 25 days paid holiday plus bank holidays, with the opportunity to buy/sell extra leave.
• Numerous opportunities to learn new skills and develop your career.

Are you ready to play your part?

If you’re looking for a place where you can make a meaningful difference, you’ve found it. The work we do at Markel gives people the confidence to move forward, reach their full potential, and seize opportunities. You’ll find your fit among our diverse global community of optimists and problem‑solvers. We’re always pushing each other to think further because we believe that when we strive for better, we realise our potential.