Head of Actuarial, Professional Lines
Markel
full-time
Posted on:
Location Type: Hybrid
Location: Richmond • Illinois • New York • United States
Visit company websiteExplore more
Salary
💰 $162,800 - $223,850 per year
Job Level
About the role
- 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
Requirements
- Bachelor of Arts/Bachelor of Science in a related field required
- Credentialled Actuary belonging to a globally recognized Actuarial Society required
- 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
- US Work Authorization required
Benefits
- Health insurance
- 401(k) with employer match contributions
- Employee Stock Purchase Plan
- Paid time off
- Corporate holidays
- Floating holidays
- Parental leave
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
PricingReservingActuarial analysisActuarial supportData analysisStatistical modelingRisk assessmentFinancial forecastingProfitability managementUnderwriting strategies
Soft Skills
LeadershipCommunicationRelationship-buildingNegotiationConflict resolutionAdaptabilityAttention to detailTeam managementInfluencingProject management
Certifications
Credentialled ActuaryActuarial Society membership