Sr. Actuarial Manager
About The Position
The primary purpose of this role is to lead the actuarial strategy and analysis for the Workers Compensation segment, partnering closely with senior leadership, Underwriting, Claims, Finance, and other key stakeholders to drive profitable growth and informed business decision-making. This position is responsible for overseeing pricing, profitability monitoring, and portfolio analytics, while providing actionable insights that support underwriting strategy, capital allocation, and long-term business objectives. The role requires deep actuarial expertise, strong business acumen, and the ability to effectively communicate complex analyses to both technical and non-technical audiences. As a leader within the Actuarial organization, this individual will foster collaboration across functions, influence strategic initiatives, and support the development of actuarial talent.
Requirements
- Bachelor's degree required, preferably in Actuarial Science, Mathematics, Statistics, Economics, or a related quantitative field.
- ACAS required; FCAS preferred
- Minimum of 8-10 years of actuarial experience, with a strong emphasis in Workers Compensation.
- Demonstrated experience in Workers Compensation pricing, reserving, or portfolio management.
- Strong leadership, communication, and stakeholder management skills.
- Experience partnering with Underwriting, Claims, and Finance leaders to influence business strategy and operational outcomes.
- US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Nice To Haves
- FCAS preferred
Responsibilities
- Lead actuarial analyses and provide strategic guidance for the Workers Compensation segment, ensuring alignment with profitability, growth, and portfolio management objectives.
- Develop and maintain pricing analyses, rate indications, portfolio monitoring tools, and profitability assessments to support underwriting and business strategies.
- Collaborate closely with Underwriting, Claims, Finance, and Executive Management to identify risks and opportunities, evaluate business performance, and support strategic decision-making.
- Monitor portfolio results, loss trends, claim development patterns, and underwriting performance to provide actionable recommendations that improve business outcomes.
- Partner with Claims leadership to evaluate claim trends, severity drivers, and operational initiatives that impact Workers Compensation performance.
- Provide actuarial support for business planning, forecasting, reinsurance evaluations, and other strategic initiatives affecting the Workers Compensation portfolio.
- Clearly communicate actuarial analyses, insights, and recommendations to both technical and non-technical audiences, including senior management and executive leadership.
- Present findings and recommendations in meetings and strategic discussions, translating complex actuarial concepts into practical business considerations.
- Serve as a trusted advisor to business partners by providing education and guidance on actuarial methodologies, assumptions, and key performance drivers.
- Lead and contribute to cross-functional projects and initiatives, representing the Actuarial function in enterprise and segment-level efforts.
- Manage, mentor, and develop actuarial staff, promoting technical excellence, professional growth, and alignment with organizational objectives.
Benefits
- competitive benefit programs
- multiple health, dental and vision insurance plan options
- optional life, disability, and AD&D insurance
- 401(k) with employer match contributions
- Employee Stock Purchase Plan
- PTO
- corporate holidays
- floating holidays
- parental leave
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Manager
