Associate Capital Analyst

Join Us and Play Your Part

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.

The primary responsibilities of this role are to lead, develop and support the capital team executing capital modelling and management activities for Markel Corporation in whole and its regulated insurance entities and to drive improvements in talent, processes and tools that support capital allocation decisions across the company. This role is responsible for being one of the lead supports for capital analysis & communication for Markel management.

Analysis and reporting performed by the team is used by senior leaders to drive data-informed decisions at group, division, legal entity and product line levels. Active collaboration with global capital team managers as well as key stakeholders and business partners across underwriting, finance & actuarial, strategy, risk management and other functions is required. Maintaining strong working relationships across the company is critical to the success of this role. Strong communication skills are essential. This position will report to the Global Capital Manager based in Richmond, VA.

Responsibilities:

• Support the capital team in preparing quarterly Solvency Capital Requirement (SCR) outputs for Markel insurance entities.
• Participates in the ongoing update of UW target setting models used in capital allocation across insurance. Analyze and report on performance vs. budget and support the communication to the business.
• Maintain proper data flows from key data providers to the capital models. Challenge current processes and constantly be thinking of better ways to receive and send information.
• Develop data manipulation skillsets in Business Intelligence (BI) and data visualization applications.
• Facilitate the update of insurance and global return on capital analysis models used to evaluate company performance. Create digestible stories for leadership based on quarterly results.
• Partner with the FP&A team and financial planning capital manager to properly input business plans into the capital models and reconcile results.
• Digest model use requests from leadership and support the Global Capital Managers in performing ad-hoc time sensitive analysis used to drive strategy and business decisions in real time.
• Partner with various teams across finance to effectively manage relationships and requirements of Markel's rating agencies.
• Ensuring that work is delivered on time and to a high standard.
• Represent the capital department on cross-functional workstreams.
• Support corporate goals and principles and communicating those to members of the team.
• Work with multiple internal teams to gain a deeper understanding of financial data, to confirm assumptions, and validate output of analyses.
• Document standard processes and process workflows.

Education:

• Bachelor's degree in a numeric discipline such as finance, accounting, actuarial.
• Graduate degree is a plus, but not required.

Certification:

• CPA, CFA, or another financial certification is a plus, but not required.

Skills, knowledge and experience:

• Analytical curiosity with a business-oriented mindset. This will be applied to financial modelling and quantitative interpretation of data, creating/analyzing/summarizing financial statement forecasts, automation to processes and an ability to strategically streamline, and understanding of financial processes and systems.
• Experience with Power BI, Power Query, SQL is desired
• Strong relationship building skills with a thoughtful, constructive challenge mindset.
• Be able to work across departments, disciplines and geographies with sufficient authority.
• Excellent verbal and written communications skills.
• A customer service mindset.
• Team player who can excel in a highly collaborative team environment and can work closely with team leadership to contribute to and execute team strategies and plans.

Job level and title offered to the successful candidate will be commensurate with experience, specialized skills relevant to the role, and possession of the outlined preferred qualifications. Markel reserves the right to propose an alternative career level based on these factors.

US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Markel Group (NYSE MKL) 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.

We're all about people | We win together | We strive for better

We enjoy the everyday | We think further

What's in it for you:

• 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.

Are you ready to play your part?

Choose 'Apply Now' to fill out our short application, so that we can find out more about you.

Caution: Employment scams

Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters and frequently ask for confidential personal information. Therefore, for your safety, please note that:

• All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings.
• All legitimate communications with Markel recruiters will come from Markel.com email addresses.
• We would also ask that you please report any job employment scams related to Markel to View email address on click.appcast.io.

Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.

Should you require any accommodation through the application process, please send an e-mail to the View email address on click.appcast.io.

No agencies please.