Senior Actuarial Specialist
Job Summary
This role supports Global Reserving at Markel by delivering reserving analysis reporting and transformation initiatives leveraging actuarial expertise data analytics and process improvement to enhance reserve insights operational efficiency and strategic decision-making across the organization.
What part will you play If youre looking for a place where you can make a meaningful difference youve found it. The work we do at Markel gives people the confidence to move forward and seize opportunities and youll find your fit amongst our global community of optimists and problem-solvers. Were 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:
This role offers a high-visibility opportunity to help shape the future of Global Reserving at Markel. Positioned within a global actuarial function the role supports critical reserving execution while contributing to enterprise-wide transformation initiatives that improve consistency efficiency and insight across the corporation. For an actuarial professional seeking broader exposure greater influence and a more direct connection to corporate priorities this position provides meaningful involvement in Global Re runoff reserving reserve transformation analytics industry research visualization of results and communication with senior actuarial and business stakeholders. The role also supports important actuarial activities including internal and external audits confidence-level analysis IT and infrastructure projects and development of scalable reserving solutions that strengthen decision-making across Markel.
What youll be doing:
Reserving Operationalization
Contribute to quarterly reserve close reporting and Reserve Committee materials
Participate as needed in ResQ/MRD development support and testing
Assist in development and implementation of embedded margin roll-off methodologies
Reserve Transformation & Process Improvement
Support and maintain initiatives to standardize and streamline reserving processes across Markel
Assist in ERMS-based reserving enhancements including MIICL/MISE solutions and data integration
Contribute to simplification of reserving data structures and workflows (ResQ/MRD)
Global Re Reserving Analytics
Perform reserve reviews and monitoring including adequacy AvE and embedded margin analysis
Support development and maintenance of reserving tools and analytics (e.g. AvE reserve performance tracking) that support visualization and communication
Utilize actuarial and data tools including but not limited to ResQ Excel MRD SQL Python & Alteryx
Excellence in Non-Product Work
Effectively communicating findings to Actuarial Finance Claims Underwriting and Executive Leadership presenting analyses clearly and responding promptly to additional requests
Support IBNR uploads pre-close processes and ERMS/Claims Centre initiatives
Contribute to centralization of reserving activities and reduction of product-actuary dependencyProvide support to broader global reserving (e.g. P&S W&S International) as needed
Identify and support opportunities to improve efficiency through automation and AI
Contribute to scalable solutions that enhance actuarial workflows and data qualityRepresenting the Department on cross-functional teams
Other actuarial work and Ad hoc requests from product line leaders and executive leadership
Our must-haves:
Degree in actuarial science mathematics statistics or a related discipline or equivalent relevant experience
Credentialed member of an internationally recognized actuarial association (for example CAS or IFoA)
Proven actuarial experience ideally in reserving or financial reporting
Strong analytical problem-solving and communication skills
Ability to translate technical findings into practical business insights
Experience with actuarial and data tools (ResQ Excel MRD; SQL/Python/Alteryx preferred)
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.
Were all about people We win together We strive for better We enjoy the everyday We think further
Whats 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 or call us at 0 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
Required Experience:
Senior IC
About Company
Markel provides specialty insurance coverage and creates seamless solutions across multiple types of insurance risks for the US market and around the globe.