Senior Actuary - Pricing & Strategy, Professional Lines

Markel; Virginia; 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

Paid time off

Holidays and floating holidays

Parental leave

Job summary

Markel is seeking an experienced Actuary to lead advanced analyses in pricing and reserving for Commercial Professional Lines. The role requires applying actuarial principles to develop insights for strategy, evaluating new opportunities, and performing due diligence on portfolio acquisitions.

The ideal candidate has ACAS with FCAS preferred, 8–10 years of actuarial experience in Commercial Lines pricing, and 5+ years in Professional Lines products such as E&O, D&O, and EPLI.

Qualifications

• Bachelor's degree in mathematics, statistics, or related analytical field.
• ACAS required; FCAS preferred.
• 8–10 years of actuarial experience, with strong emphasis on Commercial Lines pricing.
• 5+ years experience in Professional Lines products (e.g., E&O, D&O, EPLI).
• Proven ability to lead and manage projects; strong communication and analytical skills.

Responsibilities

• Lead pricing analyses for Commercial Professional Lines, including rate indications, pricing tools, and portfolio insights.
• Evaluate and support new business opportunities with 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 in meetings with clear recommendations and alignment.
• Guide non-actuarial partners on actuarial principles and key assumptions.
• Contribute to cross-functional initiatives representing Actuarial in broader projects.
• Support junior staff by sharing best practices and aligning with company standards.

Skills

Actuarial analysis

Pricing

Reserving

Project leadership

Cross-functional collaboration

Stakeholder communication

Education

Bachelor’s degree in math/stats

ACAS certification

FCAS preferred

Job description

Markel is seeking an experienced Actuary to lead advanced analyses in pricing and reserving for Commercial Professional Lines. The role requires applying actuarial principles to develop insights for strategy, evaluating new opportunities, and performing due diligence on portfolio acquisitions.

The ideal candidate has ACAS with FCAS preferred, 8–10 years of actuarial experience in Commercial Lines pricing, and 5+ years in Professional Lines products such as E&O, D&O, and EPLI.