Senior Actuarial Analyst
Markel Corporation
The primary purpose of this Senior Actuarial Analyst position is to provide a range of decisions based on actuarial analysis and forecasting, to maximize profit and growth. Develops complex actuarial formulations leading to the recommendation of extensive and impactful pricing strategies and loss reserving. Provide consultations and clarification on actuarial models and risk issues, and influences management towards a course of action that have a potential impact on underwriting, pricing, risk management, and profitability. This may include participation in a rotational program within the Actuarial department. Job 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 and identifying potential acquisitions. Communicating results with actuaries, Finance, Claims, Underwriting, and Executive Leadership 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. Forecasting reserve estimates on a quarterly basis. Periodic pricing studies. Utilizing predictive analytics to identify most and least profitable insureds within a portfolio. Rate change monitoring. Developing action monitors to track progress toward stated goals to improve profitability. Ad hoc requests from product line leaders and executive leadership. Communicating potential actuarial issues promptly. Other actuarial work as needed. Education Bachelor's Degree preferably in mathematics, statistics, or other analytical fields. Certification 2+ Actuarial exams passed, with a demonstrated commitment to pursuing Associate or Fellowship designation in the Casualty Actuarial Society. Work Experience / Skill Set Minimum of 2 years of actuarial or data analytics experience preferred. Excellent time management and organizational skills. Excellent analytical ability. Strong technical skills. Strong written and oral communication skills. US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future. 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. Equal Opportunity Employer 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. #J-18808-Ljbffr Markel Corporation
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