Director, Portfolio Management Lead

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! Meet Markel:

At Markel we believe that what we do really matters. And that every one of us has the power to make a difference. To us insurance is more than a piece of paper. Its a promise to help people get back on their feet. Its a commitment that gives people the courage to take chances. And in uncertain times its the fuel that moves the world forward.

Since the very start weve used our ingenuity to insure risks that others cant. Finding smart solutions to complex problems so people can live their lives and seize opportunities.

Our style is about focusing on peoples needs not just words on a page. Its about building relationships and connecting as humans. And ultimately its about being there for people when they need us most.

In our eyes our journey is just beginning. Together were building a business that supports more people in more places. But unlike our peers well never lose our people-first focus as we grow. Because you will always be what makes Markel special. And what continues to power this business forward.

Markel Group (NYSE MKL) is 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.


About the team:

Driving value from data is critical to delivering Markels strategic ambitions. We are investing in our pricing and portfolio analytics capabilities so that we can deliver sharp insights to support front-end underwriting and claims teams. As part of this effort we have centralized analytics across the U.S. and Bermuda into a unified Portfolio Analytics team.

Our Portfolio Analytics team will be free from the corporate financial calendar aligned to regional business priorities and supporting underwriting decision-making when most needed. The Portfolio Analytics team will be comprised of analytics professionals with a wide range of technical skillsets including actuaries data scientists implementation engineers data engineers and data visualization developers.

We envision a dynamic underwriter-centered function that treats underwriters and regional leaders as its core customersidentifying trends early delivering actionable insights built on reliable data and embedding actuarial and predictive models into daily workflows.
In the Portfolio Management Lead role you will serve as a critical bridge between the Portfolio Analytics team and our customers. You will sit within both the Portfolio Analytics team and Markels U.S. Wholesale & Specialty business with a dotted-line reporting relationship to Regional Presidents.

What we ask of you:

• Drive the strategic implementation of active portfolio management at the Regional & Product level across Markel US Wholesale & Specialty.

• Make appropriate recommendations and enhancements to ensure the relevant stakeholders are equipped to actively manage their portfolios.

• Bring the underwriting viewpoint via an analytical lens to conversations with actuarial and claims partners.

• Help define and actively monitor the key performance drivers with appropriate segmentation to support underwriting to drive remedial actions where necessary.
• Identify scope and evaluate the ROI of highimpact analytical models and solutions; partner with the team to build and prioritize an analytics project pipeline.
• Drive underwriting engagement during the development implementation and adoption of strategic and predictive analytics in partnership with the broader Portfolio Analytics team. Deliver tools and insights to optimize portfolio performance and enable smarter underwriting decisions.
• Support 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.

• Collaborate with actuarial to ensure underwriting actions are quantified understood and allowed for in their reserving and pricing work.
• Support quarterly business planning with performance monitoring and alignment to plan; provide insights to steer portfolio strategy.
• Champion data science automation and data-driven decision-making; promote adoption of tools and a data-centric culture.
• Lead training and enablement initiatives for underwriters and colleagues in partnership with Training & Development.
• Collaborate across regions sharing knowledge and best practices with the International Portfolio Analytics team.

What you will bring to the role:

The successful candidate will have:

• Advanced ability to manipulate and analyze large complex datasets; strong commercial acumen and understanding of Markels strategy.
• Strong understanding of actuarial principles.
• Original thinking and creative problem-solving skills to any given situation driving for improved processes systems products or services so that Markel can establish and maintain a competitive edge.
• Experience in building alliances and cultivating deep and broad relationships across large organizations.
• Demonstrated ability to partner with underwriters to enhance decision making through analytics fostering trust curiosity and sustained adoption of datadriven practices from the spectrum of line underwriter to executive.
• Exceptional communication skills capable of galvanizing support from a wide range of stakeholders.
• Track record of delivering value to Insurance organizations through pricing portfolio management and analytics. Ability to influence and collaborate with diverse stakeholders.
• Excellent understanding of insurance data particularly with regards to Commercial and Specialty insurance in the US and Bermuda markets.
• The ability to stay ahead of external trends and promote a culture of continuous improvement.
• A disciplined energetic work ethic with a focus on high-impact priorities.

Key Qualifications:

• Education: Bachelors degree in Actuarial Science Statistics Data Science Economics Mathematics Information Systems Risk Management or related field. Advanced degree preferred.
• Experience: 815 years in analytics pricing underwriting or portfolio management within US Commercial/Specialty lines; leadership or multi-region experience valued.
• Pricing actuarial experience at a Commercial or Specialty Insurer is highly desirable. Ideal candidate would also have experience working within a business unit or an underwriting function.
• Certifications (nice-to-have): ACAS/FCAS CPCU ASA; PMP/PMI-ACP a plus.

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 base salary offered for the successful candidate will be based on compensable factors such as job-relevant education job-relevant experience training licensure demonstrated competencies geographic location and other factors. The national average salary range for the Actuarial Portfolio Manager is $158720 to $218240 with 45% incentive.