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Actuary
Actuarial Analyst/Subject Matter Expert (Senior Actuarial Professional)
About the Role
Looking for a role that will have a meaningful impact on the strategic underwriting decisions our business makes?
The primary purpose of this position is to provide advanced actuarial analyses, based upon generally accepted actuarial principles, and to guide and support junior Actuaries. These analyses will inform internal stakeholders for data-driven decision-making and may cover key actuarial areas such as pricing, reserving, reinsurance, or corporate reporting.
What Part Will You Play?
If you’re eager to make a meaningful difference in a dynamic environment, consider joining Markel. Our work empowers people to seize opportunities with confidence. Here, within our global network of problem-solvers, you’ll contribute to impactful projects while growing alongside colleagues who encourage ambition.
The Opportunity
You’ll join a team of 33 actuarial professionals supporting Markel’s International Organisation across multiple regions. Based primarily in London, this hybrid role includes remote and office-based work with collaboration across global offices. Travel is expected for meetings, conferences, and visits.
This role focuses on:
- Delivering advanced actuarial analyses and acting as a subject-matter expert in actuarial principles.
- Guiding non-actuarial stakeholders, representing the department in cross-functional teams, and presenting findings to senior leadership.
- Supporting corporate goals through effective communication and knowledge sharing.
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Key Responsibilities:
- Provide strong technical and operational support to a product team, including resource management, prioritisation, reviewing deliverables, and inter-team collaboration.
- Maintain strong relations with underwriting teams, focusing on reserving activities while supporting large account pricing, pricing tool validation, business planning, and capital model parameterisation.
- Assume line management responsibilities (if applicable) for a junior actuarial student.
- Own and produce core processes for external deliverables.
- Collaborate with the Marcel International Actuarial team.
Who We Are
Markel Group is a Fortune 500 company with a global presence—60+ offices in 20+ countries, offering insurance, reinsurance, advisory, and investment solutions.
Core Values (Our Eponymous Principles):
We are all about people | We win together | We strive for better | We enjoy the everyday | We think further.
Our Must-Haves
To excel in this role, you must:
- Effectively manage and engage senior stakeholders (Finance, Underwriting, Capital, Reinsurance, Claims).
- Work collaboratively, prioritising workloads and influencing team decisions.
- Be proficient in pricing and reserving disciplines, with cross-disciplinary experience.
- Demonstrate experience engaging senior underwriters—from delivering analyses to presenting at senior management meetings.
- Have business planning and parameterisation expertise in underwriting and reserve risk.
- Commit to being based in London for at least two days per week.
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Benefits
- Attractive package: Competitive salary + annual bonus and comprehensive benefits package.
- 25 days of paid holiday plus bank holidays, with flexibile leave options.
- Excellent pension scheme, private medical/dental cover, life assurance, travel insurance, income protection, and season ticket loan.
- A dynamic career environment with ample opportunities for training and advancement.
Diversity & Inclusion
Markel celebrates a diverse workforce. We embrace individuals from all backgrounds and commit proactive allyship—whether it's flexible work requirements or accommodating disabilities throughout recruitment and beyond. Contact rec@markel.com or +44 161 507 5827.
Markel is an equal opportunity employer. We ensure equitable opportunity and are committed to accessibility for all applicants. Please let us know if you require any additional support or accommodations for your application.
#Ready? #PlayYourPart with Markel.
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