Actuarial Analyst

Markel • Richmond, VA

23d • Hybrid

About The Position

If you’re looking for a place where you can make a meaningful difference, you’ve found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re 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! We are seeking college graduates as of June 2026 who are available to start work in June 2026. The primary purpose of the Actuarial Analyst position is to provide actuarial analyses, based upon generally accepted actuarial principles, and under the direction and oversight of more senior level actuaries. The completed analyses will be used by internal business leaders for data-based decision making. These analyses may relate to various areas of actuarial expertise, including: Pricing, Reserving, Reinsurance, Corporate Reporting, or combinations of these areas. This may include participation in a rotational program within the Actuarial department.

Requirements

• Bachelor's Degree preferably in mathematics, statistics, or other analytical fields
• A demonstrated commitment to pursuing Associate or Fellowship designation in the Casualty Actuarial Society; completion of 1+ exam preferred but not required
• Excellent time management and organizational skills
• Excellent analytical ability
• Strong written and oral communication skills
• US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Responsibilities

• Conducting research and analysis on potential new lines of business and establish rates/pricing that supports Markel’s initiative of continued profitable premium growth along with cost-based pricing; researching new business opportunities when requested.
• Communicating results with actuaries and underwriters in a clear and concise manner and responding efficiently and accurately to requests to vary the actuarial analysis in terms of structure and/or assumptions in order to more accurately represent the risk being analyzed.
• Presenting results of actuarial analyses to meeting attendees and ensuring that actuarial and non-actuarial attendees have a clear understanding of final results.
• Communicating potential actuarial issues promptly.
• Other actuarial work as needed

Benefits

• We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees’ needs at all stages of life.
• All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.
• We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 101-250 employees