06 Sep
|
Markel
|
Northumberland County
06 Sep
Markel
Northumberland County
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 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. 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.
Clearly communicate actuarial analyses, insights, and recommendations to both technical and non-technical audiences, including senior management and executive leadership. 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, skilled growth, and alignment with organizational objectives. Bachelor’s degree required, preferably in Actuarial Science, Mathematics, Statistics, Economics, or a related quantitative field. Work Experience / Skillset Experience partnering with Underwriting, Claims, and Finance leaders to influence business strategy and operational outcomes. #The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location,
and other factors.
The national average salary range for the Sr.
Actuarial
Manager is $141,640 to $194,755 with 30% incentive.
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. 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. national origin or place of birth; disability; medical condition; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; personal appearance, height, or weight; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; membership or activity in local commissions; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.
📌 Sr. Actuarial Manager (Northumberland County)
🏢 Markel
📍 Northumberland County