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! We are seeking an experienced Compensation Partner supporting our US and Bermuda Insurance business. This role will be a member of the HR team and will help ensure the pay programs and structures that support the US and Bermuda business are competitive, equitable, and aligned with our business strategy to help attract and retain top talent globally. The ideal candidate will be a strategic thinker with a deep understanding of compensation frameworks, regulatory compliance and ideally the underwriting job family.Duties and responsibilities
- Serve as the strategic compensation advisor to business leaders, HR Business Partners, and managers by providing guidance on compensation philosophy, market competitiveness, pay decisions, and compensation-related programs.
- Conduct market pricing and compensation benchmarking using multiple survey sources and external market data to develop competitive pay recommendations and support talent decisions.
- Prepare compensation recommendations and analyses for talent actions, including promotions, organizational changes, offer evaluations, and complex compensation decisions.
- Partner with HR Business Partners and business leaders on job evaluation and leveling, ensuring roles are appropriately aligned within the organization's career framework and compensation structures.
- Conduct complex compensation analyses and build compelling presentations that synthesize data, market intelligence, and business context into meaningful insights and recommendations. Present findings to HR and business leaders to support compensation strategy, talent decisions, workforce planning, and organizational effectiveness.
- Develop compensation analytics, dashboards, and reporting tools that provide insights into pay competitiveness, workforce trends, and compensation program effectiveness.
- Champion the adoption of new technologies and analytical tools to modernize compensation operations and consulting, improve stakeholder experiences, increase productivity, and deliver data-driven insights at scale.
- Collaborate across HR, Finance, Talent Acquisition, and business leadership teams to ensure compensation programs support business objectives, talent strategies, regulatory compliance, and internal equity.
- Partner with HRBPs and business leaders to harmonize compensation programs, plans, and processes on enterprise-wide initiatives.
- Guide client groups through mid-year and year-end compensation cycles.
- Lead strategic compensation projects across different client groups.
- Ensure compliance with regulatory requirements.
What you will bring to the role
- At least 8-10 years of progressive experience in Compensation; experience in Underwriting compensation desirable
- At least 5 years experience in business partnering or consulting
- Be able to demonstrate prior experience and understanding of complex total reward compensation plans and awards
- Demonstrate strong communication and presentation skills with the ability to message complex and/or HR process in in a persuasive and pragmatic way
- Advanced Excel experience, with an ability to model and interpret data as well as presenting information at an executive level
- Able to work independently with the ability to manage a varied range of activities and projects with a positive attitude
- Experience with Workday desirable
- Experience with benchmarking tools such as Market Pay desirable
- Experience of M&A activity desirable
- Role model the Markel Style with a high level of integrity and discretion
#LI-AB
US Work Authorization
US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Pay information:
The salary range for this position is $108,800.00 - $226,800.00. The posted salary range reflects the lowest and highest base salary applicable to this role across our U.S. locations. Individual offers are determined based on geographic location, experience, qualifications, internal equity, and other job-related factors. As a result, the salary offered for a specific location will fall within a narrower range than the overall range displayed in this posting. This position may also be eligible to participate in the Company's annual incentive plan.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 [email protected].
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 [email protected].
No agencies please.
Skills Required
- At least 8-10 years of progressive compensation experience
- At least 5 years of business partnering or consulting experience
- Experience and understanding of complex total rewards compensation plans and awards
- Strong communication and presentation skills, including explaining complex HR processes persuasively
- Advanced Microsoft Excel experience, including data modeling and interpretation
- Ability to work independently and manage varied activities and projects
- High level of integrity and discretion
- Underwriting compensation experience
- Experience with Workday
- Experience with benchmarking tools such as Market Pay
- Experience with mergers and acquisitions activity
- US work authorization
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.
