Head of Actuarial, Professional Lines

Markel • Richmond, VA

13d

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! Markel is seeking a dynamic and experienced actuary to lead and manage our US Professional Lines actuarial team. This team is pivotal in providing pricing and reserving support for the business unit. This high-visibility role is crucial within the Wholesale & Specialty organization, and we are looking for a trusted and valued partner for our divisional leadership team. Exceptional communication skills are required and extensive product knowledge of Professional Lines (e.g., D&O, E&O, Cyber) is highly desired for the role.

Requirements

• Bachelor of Arts/Bachelor of Science in a related field required
• Credentialled Actuary belonging to a globally recognized Actuarial Society required
• Extensive experience in senior actuarial roles, specifically within Professional Lines and team management.
• Proficiency in both Pricing and Reserving.
• Ability to roll out new initiatives, proactively engage and negotiate with senior actuarial stakeholders, challenge existing processes, and resolve conflicts.
• Exceptional communication skills, including the ability to develop and present clear and concise recommendations.
• Strong relationship-building skills, with the ability to influence others and drive projects to conclusion while meeting critical deadlines.
• Willingness and ability to continuously learn and adapt in a dynamic environment.
• Timeliness and attention to detail.
• Strong technical and analytical actuarial skills
• US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Nice To Haves

• Extensive product knowledge of Professional Lines (e.g., D&O, E&O, Cyber) is highly desired for the role.

Responsibilities

• Lead and inspire a team of actuaries responsible for reserving work and pricing analyses for Professional Lines within the Wholesale & Specialty division.
• Ensure the Actuarial team is highly skilled and well-versed in the products they support.
• Support the development of innovative underwriting strategies and play a vital role in managing profitability across the portfolio.
• Foster a strong partnership with Claims leadership to ensure seamless sharing of insights across teams.
• Build close relationships with key stakeholders (Underwriting, Finance, etc.) to foster mutual understanding of how business developments impact actuarial drivers, and vice-versa.
• Stay ahead of industry trends and maintain a strong network within the actuarial profession and insurance market.
• Serve as a subject matter expert for Professional Lines within the Markel actuarial department.
• Identify areas for improvement and implement changes to enhance actuarial support to the business.
• Deliver actuarial results and insights to non-actuaries in a clear and concise manner.

Benefits

• In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work. 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: Mid Level
• Number of Employees: 5,001-10,000 employees