Senior Actuary, Commercial Lines Pricing Leader

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

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

401(k) with company match

Employee Stock Purchase Plan

Paid time off

Job summary

Markel seeks a senior actuarial professional to lead advanced analyses for pricing and reserving across Commercial Professional Lines in the United States. You will use actuarial principles to generate insights for business strategy, evaluate opportunities, and perform due diligence on portfolios and acquisitions.

The role requires expertise in ratemaking and reserving with strong data analytics, delivering findings to senior leaders to drive profitability and strategic decisions.

Qualifications

• Bachelor’s degree in mathematics, statistics, or a related analytical field.
• ACAS certification required; FCAS preferred.
• Minimum 8–10 years of actuarial experience with strong Commercial Lines pricing focus.
• 5+ years in Professional Lines products (e.g., E&O, D&O, EPLI).
• Proven project leadership, prioritization, and delivery.
• Strong communication and collaboration with underwriting and business partners.
• Ability to articulate assumptions and defend methodologies.
• Analytical with balance of rigor and practical judgment.
• Experience working in cross-functional environments.

Responsibilities

• Lead pricing analyses for Commercial Professional Lines, developing rate indications and pricing tools.
• Evaluate and support new business opportunities with research, modeling, and pricing frameworks.
• Collaborate with Underwriting, Claims, and other stakeholders to reflect risk characteristics and market dynamics.
• Clearly communicate actuarial findings to both technical and non-actuarial audiences, including senior leadership.
• Present results and recommendations in meetings with alignment across stakeholders.
• Provide guidance on actuarial principles, methodologies, and key pricing assumptions.
• Lead cross-functional initiatives representing the Actuarial function.
• Support development of junior staff and align work with corporate goals.

Skills

Ratemaking

Reserving

Leadership

Communication

Data analytics

Education

Bachelor's degree in mathematics, statistics, or related analytical field

Job description

Markel seeks a senior actuarial professional to lead advanced analyses for pricing and reserving across Commercial Professional Lines in the United States. You will use actuarial principles to generate insights for business strategy, evaluate opportunities, and perform due diligence on portfolios and acquisitions.

The role requires expertise in ratemaking and reserving with strong data analytics, delivering findings to senior leaders to drive profitability and strategic decisions.