Hybrid Head of Actuarial, Professional Lines

at Markel

• Job title: Head of Actuarial, Professional Lines
• Job type: Full Time
• Experience level: Lead
• Salary: $162,800 - $223,850 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Richmond, United States

About the role

• Lead actuaries within the US Professional Lines actuarial team at Markel, ensuring product knowledge and pricing support. Manage profitability and develop underwriting strategies within the Wholesale & Specialty division.

Responsibilities

• Lead and inspire a team of actuaries responsible for reserving work and pricing analyses for Professional Lines within the Wholesale & Specialty division
• Ensure the Actuarial team is highly skilled and well-versed in the products they support
• Support the development of innovative underwriting strategies and play a vital role in managing profitability across the portfolio
• Foster a strong partnership with Claims leadership to ensure seamless sharing of insights across teams
• Build close relationships with key stakeholders (Underwriting, Finance, etc.) to foster mutual understanding of how business developments impact actuarial drivers, and vice-versa
• Stay ahead of industry trends and maintain a strong network within the actuarial profession and insurance market
• Serve as a subject matter expert for Professional Lines within the Markel actuarial department
• Identify areas for improvement and implement changes to enhance actuarial support to the business
• Deliver actuarial results and insights to non-actuaries in a clear and concise manner

Requirements

• Bachelor of Arts/Bachelor of Science in a related field required
• Credentialled Actuary belonging to a globally recognized Actuarial Society required
• Extensive experience in senior actuarial roles, specifically within Professional Lines and team management
• Proficiency in both Pricing and Reserving
• Ability to roll out new initiatives, proactively engage and negotiate with senior actuarial stakeholders, challenge existing processes, and resolve conflicts
• Exceptional communication skills, including the ability to develop and present clear and concise recommendations
• Strong relationship-building skills, with the ability to influence others and drive projects to conclusion while meeting critical deadlines
• Willingness and ability to continuously learn and adapt in a dynamic environment
• Timeliness and attention to detail
• Strong technical and analytical actuarial skills
• US Work Authorization required

Benefits

• Health insurance
• 401(k) with employer match contributions
• Employee Stock Purchase Plan
• Paid time off
• Corporate holidays
• Floating holidays
• Parental leave