Head of Actuarial, Professional Lines at Markel

Richmond, Virginia, United States -

Full Time

Start Date

Immediate

Expiry Date

26 Jun, 26

Salary

223850.0

Posted On

28 Mar, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Actuarial Leadership, Team Management, Pricing, Reserving, Professional Lines, D&O, E&O, Cyber, Underwriting Strategy, Profitability Management, Stakeholder Management, Communication Skills, Relationship Building, Analytical Skills, Conflict Resolution, Industry Trend Analysis

Industry

Insurance

Description

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! Markel is seeking a dynamic and experienced actuary to lead and manage our US Professional Lines actuarial team. This team is pivotal in providing pricing and reserving support for the business unit. This high-visibility role is crucial within the Wholesale & Specialty organization, and we are looking for a trusted and valued partner for our divisional leadership team. Exceptional communication skills are required and extensive product knowledge of Professional Lines (e.g., D&O, E&O, Cyber) is highly desired for the role. Job Responsibilities: Lead and inspire a team of actuaries responsible for reserving work and pricing analyses for Professional Lines within the Wholesale & Specialty division. Ensure the Actuarial team is highly skilled and well-versed in the products they support. Support the development of innovative underwriting strategies and play a vital role in managing profitability across the portfolio. Foster a strong partnership with Claims leadership to ensure seamless sharing of insights across teams. Build close relationships with key stakeholders (Underwriting, Finance, etc.) to foster mutual understanding of how business developments impact actuarial drivers, and vice-versa. Stay ahead of industry trends and maintain a strong network within the actuarial profession and insurance market. Serve as a subject matter expert for Professional Lines within the Markel actuarial department. Identify areas for improvement and implement changes to enhance actuarial support to the business. Deliver actuarial results and insights to non-actuaries in a clear and concise manner. Education: Bachelor of Arts/Bachelor of Science in a related field required Certification: Credentialled Actuary belonging to a globally recognized Actuarial Society required Work Experience/Skill Set: Extensive experience in senior actuarial roles, specifically within Professional Lines and team management. Proficiency in both Pricing and Reserving. Ability to roll out new initiatives, proactively engage and negotiate with senior actuarial stakeholders, challenge existing processes, and resolve conflicts. Exceptional communication skills, including the ability to develop and present clear and concise recommendations. Strong relationship-building skills, with the ability to influence others and drive projects to conclusion while meeting critical deadlines. Willingness and ability to continuously learn and adapt in a dynamic environment. Timeliness and attention to detail. Strong technical and analytical actuarial skills #LI-SY #LI-Hybrid US Work Authorization US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future. Pay information: The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. The national average salary for the Director, Head of Actuarial, Professional Lines is $162,800 - $223,850 with 45% bonus potential. 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: In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work. We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees’ needs at all stages of life. All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance. We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave. Are you ready to play your part? Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you. Caution: Employment scams Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters and frequently ask for confidential personal information. Therefore, for your safety, please note that: All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings. All legitimate communications with Markel recruiters will come from Markel.com email addresses. We would also ask that you please report any job employment scams related to Markel to rarecruiting@markel.com. Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law. Should you require any accommodation through the application process, please send an e-mail to the rarecruiting@markel.com. No agencies please.

Responsibilities

The role involves leading and inspiring the US Professional Lines actuarial team responsible for pricing and reserving analyses within the Wholesale & Specialty division. This leader will also foster strong partnerships with Claims and other key stakeholders to manage portfolio profitability and drive innovative underwriting strategies.