Senior Actuarial Analyst

Markel Corporation; City Of London; Hybrid; GBP 70,000 - 100,000; Full time

Benefits offered by this job

Annual bonus

Great benefits package

Company pension scheme

Private medical and dental cover

Life assurance

Travel insurance cover

Income protection

Season ticket loan

Job summary

Markel Group in London seeks a Senior Actuarial Analyst to provide actuarial insight across reserving, pricing, and portfolio management for the UK portfolio. You will work with senior stakeholders in a high-visibility role and travel to other offices as required.

You will join a team of actuarial professionals supporting the UK and International business, owning core processes, and contributing to quarterly reserving and pricing initiatives.

Qualifications

• Ability to engage senior stakeholders and form effective relationships with Finance, Underwriting, Capital.
• Proficient in pricing and reserving across a diverse product portfolio.
• Experience in portfolio management and presenting analyses to senior management.

Responsibilities

• Support UK underwriting and product teams with actuarial analysis.
• Lead pricing and reserving activities, including large accounts and tool validation.
• Contribute to planning and parameterisation of underwriting and capital models.

Skills

Stakeholder management

Pricing

Reserving

Portfolio management

Presentation to senior management

Job description

Looking for an opportunity to broaden your actuarial expertise and influence business decisions? We're seeking a Senior Actuarial Analyst to support our UK portfolio, delivering actuarial insight across reserving, pricing, and portfolio management while working closely with senior stakeholders in a highly visible role. What part will you play? 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 and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs. Join us and play your part in something special!

The opportunity:

You will join a team of 33 actuarial professionals providing support to Markel's International organisation across multiple geographical locations. While the team is primarily based in London, it operates flexibly across remote and office locations and works closely with colleagues across the business, including teams in the US and other global offices. We travel as required, particularly for office visits and conferences (both internally and externally). We are seeking a skilled Senior Actuarial Analyst to join a growing actuarial group assisting the UK business. This is a broad and highly visible role offering ownership of actuarial analysis across a diverse portfolio of products, including Professional Indemnity, Property, Social Care and specialist Legal Expenses lines. Working closely with senior team members, you will have a key role in quarterly reserving activities. You will also support pricing initiatives and wider business projects. The role offers significant exposure to a varied and evolving book of business, making it an excellent opportunity for a commercially minded actuary looking to broaden their technical expertise, influence decision-making, and accelerate their career development within a collaborative team environment.

What you’ll be doing:

Provide strong technical and operational support to the product team supporting the Specialty and UK underwriting division. Maintain strong relations with the underwriting teams within the UK division, with key responsibilities in pricing and reserving activities. This will include large account pricing, pricing tool validation and reserving, as well as planning and capital model parameterisation. Own various core processes to produce deliverables for external purposes. Provide assistance to the wider Markel International Actuarial team.

Our must-haves:

Ability to engage senior stakeholders and form effective relationships with stakeholders, including Finance, Underwriting, Capital etc. Ability to work well within a team, including prioritising your workload and supporting the team when needed. Be proficient in a wider variety of actuarial subject areas relating to both pricing and reserving fields. Have experience of engaging with senior underwriters in delivering results, running technical projects to produce analyses for portfolio management and presenting at formal meetings with senior management. Have experience in the actuarial elements of business planning and parameterisation of underwriting and reserve risk. Be present in the London office at least two days a week and be prepared to visit UK offices up to a few times a year.

Who we are:

Markel Group (NYSE - MKL) a Fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory, and investment operations around the world.

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

What’s in it for you?

• A great starting salary plus annual bonus & strong benefits package…
• 25 days paid holiday plus Bank Holidays, with the opportunity to buy/sell extra leave
• Fantastic company pension scheme
• private medical and dental cover
• life assurance
• travel insurance cover
• income protection
• season ticket loan as well as other great benefits on offer

There are countless opportunities to learn new skills and develop in your career and we can provide the support needed to do just that!

Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful. Please contact us via email at [e-mail] or call us at 0161 507 5827 to request any accommodations that may be needed. This includes any alternative formats of any documents or information on how to apply offline.

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