We're seeking a Senior Actuarial Analyst to support our UK portfolio, delivering actuarial insight across reserving, pricing, and portfolio management while working closely with senior stakeholders in a highly visible role.
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:
You will join a team of 33 actuarial professionals providing support to Markel's International organisation across multiple geographical locations. While the team is primarily based in London, it operates flexibly across remote and office locations and works closely with colleagues across the business, including teams in the US and other global offices. We travel as required, particularly for office visits and conferences (both internally and externally).
We are seeking a skilled Senior Actuarial Analyst to join a growing actuarial group assisting the UK business. This is a broad and highly visible role offering ownership of actuarial analysis across a diverse portfolio of products, including Professional Indemnity, Property, Social Care and specialist Legal Expenses lines. Working closely with senior team members, you will have a key role in quarterly reserving activities. You will also support pricing initiatives and wider business projects. The role offers significant exposure to a varied and evolving book of business, making it an excellent opportunity for a commercially minded actuary looking to broaden their technical expertise, influence decision-making, and accelerate their career development within a collaborative team environment.
What you’ll be doing:
Provide strong technical and operational support to the product team supporting the Specialty and UK underwriting division.
Maintain strong relations with the underwriting teams within the UK division, with key responsibilities 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 assistance to the wider Markel International Actuarial team.
Our must-haves:
Ability to engage senior stakeholders and form effective relationships with stakeholders, including Finance, Underwriting, Capital etc.
Ability to work well within a team, including prioritising your workload and supporting the team when needed.
Be proficient in a wider variety of actuarial subject areas 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 and reserve risk.
Be present in the London office at least two days a week and be prepared to visit UK offices up to a few times a year.
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
Skills Required
- Ability to engage senior stakeholders and build effective relationships with Finance, Underwriting, Capital, and other stakeholders
- Ability to work effectively within a team, prioritize workload, and provide support when needed
- Proficiency across a broad range of actuarial subject areas, including pricing and reserving
- Experience engaging senior underwriters to deliver results
- Experience running technical projects and producing analyses for portfolio management
- Experience presenting at formal meetings with senior management
- Experience with actuarial elements of business planning and underwriting and reserve risk parameterization
- Ability to work from the London office at least two days per week
- Willingness to visit UK offices up to a few times per year
Markel Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Markel and has not been reviewed or approved by Markel.
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Healthcare Strength — Comprehensive coverage includes medical, prescription, dental, vision, and telehealth, complemented by company-sponsored wellness programs and free fitness/mindfulness apps. Feedback suggests expanded mental-health resources and wellness incentives further enhance support.
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Retirement Support — Retirement offerings include 401(k) and other financial protections that can add meaningful long-term value. Feedback suggests strong company matching and retirement contributions are a notable part of the package.
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Leave & Time Off Breadth — A broad suite includes paid time off, corporate holidays, parental leave, hybrid work, volunteer time, and education support. Feedback suggests PTO accrual grows with tenure and can include an option to buy extra days.
Markel Insights
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.
