Lead Actuary - Professional Lines Pricing & Reserving

Markel; Richmond (VA); On-site; USD 142,000 - 195,000; Full time

Benefits offered by this job

401(k) with match

Employee Stock Purchase Plan

Paid time off

Job summary

Markel is seeking an actuary with deep expertise in ratemaking and reserving to lead advanced analyses for pricing and reserving decisions across Professional Lines. The role involves translating actuarial principles into actionable insights for business strategy and evaluating new opportunities and acquisitions.

The candidate will work with senior leaders to ensure profitability objectives, communicate findings clearly, and mentor junior staff in a collaborative, cross-functional environment.

Qualifications

• Bachelor’s degree required, preferably in mathematics, statistics or related analytical field.
• ACAS required; FCAS preferred.
• Minimum of 8–10 years actuarial experience, with strong Commercial Lines pricing background.

Responsibilities

• Lead pricing analyses for Commercial Professional Lines, including rate indications and pricing tools.
• Evaluate and support new business opportunities with research, modeling and pricing framework development.
• Partner with Underwriting, Claims and other stakeholders to reflect risk and market dynamics in pricing.
• Communicate actuarial findings to both technical and non-technical audiences, including senior leadership.
• Present results and recommendations in meetings with clear alignment across audiences.
• Provide guidance on actuarial principles and assumptions driving pricing decisions.
• Contribute to cross-functional initiatives representing the Actuarial function.
• Support development of junior staff by reinforcing actuarial best practices.

Skills

Ratemaking

Reservings

Project leadership

Communication skills

Cross-functional collaboration

Education

Bachelor’s degree in mathematics/statistics or related analytical field

Job description

Markel is seeking an actuary with deep expertise in ratemaking and reserving to lead advanced analyses for pricing and reserving decisions across Professional Lines. The role involves translating actuarial principles into actionable insights for business strategy and evaluating new opportunities and acquisitions.

The candidate will work with senior leaders to ensure profitability objectives, communicate findings clearly, and mentor junior staff in a collaborative, cross-functional environment.