Head of Portfolio Analytics, U.S. & Bermuda

What part will you play If youre looking for a place where you can make a meaningful difference youve found it.

About the team:

Extracting value from data is critical to delivering Markels strategic ambitions. We are investing in our data and analytics capabilities so that we can deliver sharp insights to support front-end underwriting and claims teams. As a result we are establishing the U.S. and Bermuda Portfolio Analytics team. Under the leadership of a newly appointed Head of Portfolio Analytics this team will bring together analytics reporting and technical pricing capabilities carried out across the U.S. and Bermuda and will continue to build on their transformational this role you will be entrusted with setting the vision and direction for our portfolio analytics strategy and leading our transformation in this space.

The Portfolio Analytics team will be comprised of professionals with a wide range of technical skillsets including data scientists actuaries portfolio managers data engineers and data visualization developers. We envision a dynamic underwriter-centered team that serves the underwriter as their customer identifying trends early delivering actionable insights built on clean data flows and integrating actuarial models into daily workflows. Our Portfolio Analytics team will be free from the corporate financial calendar aligned to business priorities and enabled to put the customer at the center of everything they do. Additionally the team will establish regional connection points to better serve the Wholesale and Specialty underwriting teams located across the U.S..

What we ask of you:

• Create and communicate a vision for portfolio analytics that engages and excites both business stakeholders and technical teams demonstrating how Markel can derive tangible business benefits from data.
• Build a market-leading Portfolio Analytics team bringing together a wide range of technical skillsets (actuarial data science data engineering analytic engineering etc.) as well as deep domain knowledge into a cohesive team that is collaborative customer-focused and innovative.
• Work with leaders from our five Regions (Northeast U.S. Southeast U.S. Central U.S. West U.S. and Bermuda) to prioritize portfolio analytics efforts balancing delivering immediate value with developing capabilities that will be needed to meet the longer-term strategic ambitions of the business.
• Drive the development of a data-centric culture and adoption of analytics products across Underwriting and Claims teams.
• Oversee the relevant functional areas including portfolio management / business partnering data engineering data science advanced analytics and technical pricing. Ensure each area is a center of excellence and that they collaborate to create an analytics capability that is bigger than the sum of its parts.
• Ensure strong partnership and alignment on priorities with the product-centric teams within the Corporate Actuarial team and the CUO function. Work cohesively on setting executing and monitoring underwriting strategies.
• Drive improvements in the sophistication and adoption of technical pricing models and portfolio management tools with the aim of improving risk selection and reducing loss ratios.
• Close collaboration with IT Data Services ensuring efficiency in data processing and delivery of a single version of the truth.
• Promote the use of third-party data and development of advanced analytics techniques with a focus on directing effort and budget to the areas that will add the greatest value.
• Ensure there are robust controls in place across the department balancing agility with safety.

What you will bring to the role:

The successful candidate will have:

• Bachelors degree in Actuarial Science Statistics or related field; credentialled Actuary belonging to a globally recognized Actuarial Society preferred.
• Minimum of 15 years of experience in actuarial roles within the insurance industry with an emphasis placed on experience in U.S. Wholesale and Specialty insurance.
• Exceptional communication skills capable of conveying a strategic vision and galvanizing support from a wide range of stakeholders.
• Ability to set a vision for this new team and create a compelling course of action across the business that inspires and enlists others to take action.
• Proven people leadership skills with experience of bringing together diverse technical skillsets and creating the right environment for them to thrive.
• Commercial acumen and strong understanding of Markels strategy and priorities.
• Experience in building alliances and cultivating deep and broad relationships across large organizations. Ability to connect with and speak the language of the businesses we support from line underwriter to executive.
• Track record of leading high-performing teams and delivering value to Insurance organizations through pricing portfolio management and analytics.
• Ability to work across functional areas gain buy-in and persuade across the organization in order to achieve mutually beneficial objectives.
• Ability to attract develop coach and retain employees for competitive advantage.
• Significant pricing actuarial experience at a Commercial or Specialty Insurer.
• Excellent understanding of insurance data particularly with regards to Commercial and Specialty insurance in the U.S. and Bermuda markets.
• Original thinking and creative problem-solving skills to any given situation driving for improved processes systems products or services in order for Markel to establish and maintain a competitive edge.
• The ability to stay ahead of external trends and promote a culture of continuous improvement.
• Possession of a steady earnest and energetic work ethic focusing energy on most critical tasks.

Our values:

Were all about people:

• Empowering them supporting them and helping protect what matters most to them.
• We put people first and stay true to our word because we believe in the power of relationships and doing whats right.

We win together:

• We work as a team exchanging ideas supporting each other and respecting everyones opinion.
• Because together we know we can achieve great things.

We strive for better:

• We aspire to lead and win in all that we do.
• Aiming for excellence and finding a better way of doing things is up to us all.

We enjoy the everyday:

• We are dedicated to our work but we always keep a sense of humor and leave our egos at the door.

We think further:

• We are committed to building a legacy and making decisions that leave a lasting impact on our customers partners employees and communities.

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

US Work Authorization

US Work Authorization required. Markel does not provide visa sponsorship for this position now or in the future.

Pay information:

The career level and base salary offered for the successful candidate will be based on compensable factors such as Geographic location job-relevant education job-relevant experience training licensure demonstrated competencies and other factors. The national average salary for the Managing Director Head of Portfolio Analytics U.S. & Bermuda is $220000 - $275000 with 50% short-term incentive and 35% long-term national average salary for the Senior Managing Director Head of Portfolio Analytics U.S. & Bermuda is $270000 - $330000 with 65% short-term incentive and 35% long-term incentive.