Pricing Actuary/ Senior Pricing Actuary - Casualty

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Join us and play your part in something special!

Markel is seeking an experienced Pricing Actuary/ Senior Pricing Actuary to join our Portfolio Analytics team supporting casualty lines of business. This role is fundamentally a technical pricing role; you will own the actuarial rating models underpinning a portfolio of specialty casualty products including General Liability (primary and excess), Life Sciences, and Environmental lines, among others. That means driving the analytical work behind parameter development, rate level indications, and methodology advancement, while partnering with product line leaders to translate rigorous pricing frameworks into sound underwriting and portfolio strategy.

Job Responsibilities

• Own and maintain rating plan parameters across assigned casualty lines, including loss costs, ILFs, territory factors, and all other risk relativities
• Work with corporate actuarial to incorporate profitability study insights and base rate adjustments.
• Coordinate with product line leaders, underwriting management and deployment teams for putting rate adjustments into production
• Evaluate emerging loss experience and benchmark against industry data sources i.e. ISO to identify trends and recommended adjustments
• Develop and refine pricing models for specialty casualty risks including GL primary and excess, life sciences liability, and environmental liability
• Support governance and documentation of rating methodologies, assumptions, and model change history

What We're Looking For

• Bachelor's Degree required, preferably in mathematics, statistics, or other analytical fields
• 5+ years of property & casualty actuarial experience, with meaningful exposure to commercial casualty lines
• ACAS required
• Python Experience strongly preferred
• Strong command of ratemaking fundamentals including loss development, trend analysis, ILF methodology, and GLM-based risk segmentation
• Experience with specialty or E&S casualty lines preferred (GL, life sciences, environmental, or similar)
• Familiarity with modern rating engine platforms, specifically hyperexponential (hx) renew, a plus
• Ability to communicate technical concepts clearly to non-actuarial stakeholders including underwriters and business unit leaders
• Strong organizational skills and attention to detail in model documentation and governance

US Work Authorization

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

Pay information:

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. 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 for the Actuary position is $116,080 - $159,610 with 25% bonus potential. The national average salary for the Senior Actuary position is $141,600 - $194,700 with 30% bonus potential.

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.

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:

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.

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 rarecruiting@markel.com.

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 rarecruiting@markel.com.

No agencies please.