Senior Actuarial Manager - Workers' Comp Strategy & Pricing

Markel; New York (NY); On-site; USD 142,000 - 195,000; Full time

Benefits offered by this job

Health insurance

401(k) with employer match

Employee stock purchase plan

Job summary

Markel Group, a Fortune 500 insurer, seeks a Sr. Actuarial Manager in New York to lead actuarial strategy for the Workers Compensation segment, partnering with senior leaders to drive profitable growth and informed decision-making.

The role oversees pricing, profitability monitoring, and portfolio analytics, while communicating insights to executive leadership and key stakeholders. Strong actuarial credentials and leadership are required.

Qualifications

• Minimum of 8-10 years of actuarial experience, with a strong emphasis in Workers Compensation.
• Demonstrated experience in Workers Compensation pricing, reserving, or portfolio management.
• Strong leadership, communication, and stakeholder management skills.
• Experience partnering with Underwriting, Claims, and Finance leaders to influence business strategy and operational outcomes.

Responsibilities

• Lead actuarial analyses and provide strategic guidance for the Workers Compensation segment, ensuring alignment with profitability, growth, and portfolio management objectives.
• Develop and maintain pricing analyses, rate indications, portfolio monitoring tools, and profitability assessments to support underwriting and business strategies.
• Collaborate closely with Underwriting, Claims, Finance, and Executive Management to identify risks and opportunities, evaluate business performance, and support strategic decision‑making.
• Monitor portfolio results, loss trends, claim development patterns, and underwriting performance to provide actionable recommendations that improve business outcomes.
• Partner with Claims leadership to evaluate claim trends, severity drivers, and operational initiatives that impact Workers Compensation performance.
• Provide actuarial support for business planning, forecasting, reinsurance evaluations, and other strategic initiatives affecting the Workers Compensation portfolio.
• Clearly communicate actuarial analyses, insights, and recommendations to both technical and non‑technical audiences, including senior management and executive leadership.
• Present findings and recommendations in meetings and strategic discussions, translating complex actuarial concepts into practical business considerations.
• Serve as a trusted advisor to business partners by providing education and guidance on actuarial methodologies, assumptions, and key performance drivers.
• Lead and contribute to cross‑functional projects and initiatives, representing the Actuarial function in enterprise and segment‑level efforts.
• Manage, mentor, and develop actuarial staff, promoting technical excellence, professional growth, and alignment with organizational objectives.

Skills

Actuarial pricing

Workers' Compensation

Leadership

Stakeholder management

Cross-functional collaboration

Education

Bachelor's degree in Actuarial Science/Math/Stats/Economics

Job description

Markel Group, a Fortune 500 insurer, seeks a Sr. Actuarial Manager in New York to lead actuarial strategy for the Workers Compensation segment, partnering with senior leaders to drive profitable growth and informed decision-making.

The role oversees pricing, profitability monitoring, and portfolio analytics, while communicating insights to executive leadership and key stakeholders. Strong actuarial credentials and leadership are required.