Actuarial Manager

Posted 10 Hours Ago
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London, Greater London, England
3-5 Years Experience
Insurance
The Role
The Actuarial Manager will provide leadership to the actuarial team, supporting the underwriting divisions by managing resources, prioritizing work, and fostering strong relationships with stakeholders. Responsibilities include pricing and reserving activities, maintaining core processes for external deliverables, and supporting the wider actuarial team while also engaging with senior underwriters and presenting analyses for portfolio management.
Summary Generated by Built In

Looking for a role that will have a meaningful impact in Actuarial?
We are looking for an Actuarial Manager to work closely with our Professional and Financial Underwriting Risks team.
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!

The opportunity:

We are a team of 32 that provide actuarial support to the International organisation, covering multiple geographical locations. The team is mainly based in London, but can operate remotely or other offices. We interact with almost all of the other departments as well as colleagues in the US and in other worldwide locations. We travel as necessary, particularly for office visits and conferences (both internally and externally).

What you’ll be doing:

  • Provide leadership to the team supporting the PFR and Europe underwriting divisions, specifically – setting goals, managing resource, prioritising work, reviewing key deliverables.

  • Maintain strong relations with the underwriting teams within PFR and Europe, providing challenge and support in pricing and reserving activities. This will include large account pricing, pricing tool validation and reserving as well as planning and capital model parameterisation.

  • Own various core processes to produce deliverables for external purposes.

  • Provide support to the wider Markel International Actuarial team.

Our must-haves:

  • Be able to manage and engage senior stakeholders and create effective relationships with stakeholders

  • Effectively manage a team and prioritise your and the team’s workloads

  • Be proficient in a wider variety of actuarial disciplines relating to both pricing and reserving fields

  • Have experience of engaging with senior underwriters in delivering results, running technical projects to produce analyses for portfolio management and presenting at formal meetings with senior management

  • Have experience in the actuarial elements of business planning and parameterisation of underwriting risk, including interacting with other departments including Finance, Underwriting, Capital etc.

  • Be present in the London office at least two days a week, and able to visit our European offices up to quarterly.

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?

  • A great starting salary plus annual bonus & strong benefits package…

  • 25 days paid holiday plus Bank Holidays, with the opportunity to buy/sell extra leave

  • Fantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan as well as other great benefits on offer

  • There are countless opportunities to learn new skills and develop in your career and we can provide the support needed to do just that!

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.

Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful. Please contact us via email at [email protected] or call us at 0161 507 5827 to request any accommodations that may be needed. This includes any alternative formats of any documents or information on how to apply offline.

#LI-Hybrid #PlayYourPartUK

Top Skills

Actuarial
The Company
HQ: Glen Allen, VA
3,519 Employees
On-site Workplace
Year Founded: 1930

What We Do

At Markel, we believe in hard work, a zealous pursuit of excellence, and fairness in all our dealings.

Markel Corporation (NYSE: MKL) is a global Fortune 500 company headquartered in Richmond, Virginia. We seek to be a leader in each of our pursuits, with insurance being our primary business. As a market leader for specialty insurance, reinsurance, and investment operations around the world, Markel embodies integrity, commitment, teamwork, and innovation in every day operations. We are encouraged to look for a better way to do things. Since our founding in 1930, we have sought to know our customers’ needs and to provide quality products and service.

Markel specializes in providing coverage for hard-to-place risks for a variety of niche markets including:
• Agricultural and equine risks
• Reinsurance for large risk enterprises such as oil rigs
• Event cancellation insurance for weddings, concerts, and sporting events
• Inland marine coverage for fine art collections
• Environmental pollution
• Yachts, ATVs, and motorcycles

At Markel we provide an atmosphere in which people can reach their personal potential. We are results-oriented, and we continually strive for a better way to do things. The Markel approach is one of spontaneity and flexibility.

Markel helps employees balance work and social activities. Markel gives you the keys to success! Keeping an open mind and learning new skills allows our associates to stay ahead of the marketplace. Above all, we enjoy what we are doing. There is excitement here that comes from innovating, creating, striving for a better way, sharing success with others…winning.

That is the Markel Style.

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