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Markel

Senior Actuarial Analyst – Actuary

Markel

Senior Actuarial Analyst delivering actuarial insights and analyses for Markel's Programs Division. Conducting research, forecasting, and mentoring junior actuaries in a collaborative environment.

Posted 5/7/2026full-timeRichmond • Illinois, New York, Virginia • 🇺🇸 United StatesSenior💰 $78,000 - $107,250 per yearWebsite

About the role

Key responsibilities & impact
  • Conducting thorough research and analysis to evaluate lines of business and/or individual programs, establishing rates and pricing strategies that align with Markel's commitment to profitable premium growth and cost-based pricing.
  • Investigating new business opportunities and identifying potential acquisitions as requested, providing data-driven insights and recommendations.
  • Forecasting reserve estimates on a quarterly basis.
  • Effectively communicating findings to Actuarial, Finance, Claims, Underwriting, and Executive Leadership, presenting analyses clearly and responding promptly to requests for alternative structures or assumptions to better represent the risks under review.
  • Delivering presentations on actuarial analyses to diverse audiences, ensuring both actuarial and non-actuarial stakeholders fully understand results and their implications.
  • Proactively identifying and communicating potential actuarial issues to relevant teams.
  • Mentoring and serving as a resource for less experienced actuaries, fostering professional growth and knowledge sharing.
  • Rate change monitoring.
  • Representing the Department on cross-functional teams.
  • Supporting corporate goals and principles.
  • Other actuarial work as needed.

Requirements

What you’ll need
  • Bachelor's Degree required, preferably in mathematics, statistics, or other analytical fields
  • 3-6 years of actuarial experience at a commercial insurer preferred
  • A demonstrated commitment to pursuing Associate or Fellowship designation in the Casualty Actuarial Society
  • Newly qualified candidates preferred but will consider high-potential students looking for a new challenge
  • Project and time management skills are essential, especially related to abiding by deadlines, management of resources, and meeting customer needs
  • Strong communication skills are required, as is the ability to think critically and to defend actuarial assumptions, decisions and methodologies
  • Ability to balance creativity and sound actuarial judgement
  • Experience working with delegated authority programs/MGAs is a plus but not required
  • US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Benefits

Comp & perks
  • competitive benefit programs
  • multiple health, dental and vision insurance plan options
  • 401(k) with employer match contributions
  • Employee Stock Purchase Plan
  • PTO
  • corporate holidays and floating holidays
  • parental leave

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools
actuarial analysisdata-driven insightsforecastingrate change monitoringpricing strategiesrisk assessmentstatistical analysismathematicsstatisticsanalytical skills
Soft Skills
communication skillscritical thinkingmentoringproject managementtime managementcreativityproblem-solvingteam collaborationpresentation skillsresource management
Certifications
Associate designationFellowship designationCasualty Actuarial Society