Divisional Actuarial Manager

  • Markel Corporation
  • Feb 10, 2025
Full time Banking

Job Description

Divisional Actuarial Manager page is loaded

Divisional Actuarial Manager

Apply locations London - UK time type Full time posted on Posted 2 Days Ago job requisition id R Looking for a role that will have a meaningful impact in Actuarial?


We are looking for an individual to provide actuarial service to the UK and Speciality Underwriters, whilst managing members of the team.


Join us and play your part in something special!

The opportunity:

We are a team of 35 that provide actuarial support to the International organisation, covering multiple geographical locations. The team is mainly based in London, but can operate remotely or at other offices.

We interact with almost all of the other departments based in London as well as colleagues in the US and in other worldwide locations. We travel as necessary, particularly for office visits and conferences (both internally and externally).

What you'll be doing:

  1. Provide strong technical and operational support to the leader of the product team supporting the Specialty and UK underwriting divisions, specifically - helping to manage resource, prioritising your and the team's work, giving support to the rest of the product team and reviewing key deliverables.
  2. Maintain strong relations with the underwriting teams within Specialty and UK, providing challenge and support in pricing and reserving activities. This will include large account pricing, pricing tool validation and reserving, as well as planning and capital model parameterisation.
  3. Line manage a junior actuarial student.
  4. Own various core processes to produce deliverables for external purposes.
  5. Provide support to the wider Markel International Actuarial team.

Our must-haves:

  1. Be able to manage and engage senior stakeholders and create effective relationships with stakeholders, including Finance, Underwriting, Capital etc.
  2. Effectively work within and influence a team, including prioritising your and the team's workloads.
  3. Be proficient in a wider variety of actuarial disciplines relating to both pricing and reserving fields.
  4. Have experience of engaging with senior underwriters in delivering results, running technical projects to produce analyses for portfolio management and presenting at formal meetings with senior management.
  5. Have experience in the actuarial elements of business planning and parameterisation of underwriting and reserve risk.
  6. Be present in the London office at least two days a week and be prepared to visit UK offices up to a few times a year.

Who we are:

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.

What's in it for you?

  1. A great starting salary plus annual bonus & strong benefits package.
  2. 25 days paid holiday plus Bank Holidays, with the opportunity to buy/sell extra leave.
  3. Fantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan as well as other great benefits on offer.
  4. There are countless opportunities to learn new skills and develop in your career and we can provide the support needed to do just that!

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.

Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns.

We are an equal opportunity employer and value diversity at our company.