What part will you play? If you’re looking for a place where you can make a meaningful difference, you’ve found it.
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. Join us and play your part in something special! Meet Markel:
At Markel, we believe that what we do really matters. And that every one of us has the power to make a difference. To us, insurance is more than a piece of paper. It’s a promise to help people get back on their feet. It’s a commitment that gives people the courage to take chances. And in uncertain times, it’s the fuel that moves the world forward.
Since the very start, we’ve used our ingenuity to insure risks that others can’t. Finding smart solutions to complex problems, so people can live their lives and seize opportunities.
Our style is about focusing on people’s needs, not just words on a page. It’s about building relationships and connecting as humans. And ultimately, it’s about being there for people when they need us most.
In our eyes, our journey is just beginning. Together, we’re building a business that supports more people, in more places. But unlike our peers, we’ll never lose our people-first focus as we grow. Because you will always be what makes Markel special. And what continues to power this business forward.
Markel Group (NYSE – MKL) is 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.
About the team:
Driving value from data is critical to delivering Markel’s strategic ambitions. We are investing in our pricing and portfolio analytics capabilities so that we can deliver sharp insights to support front-end underwriting and claims teams. As part of this effort, we have centralized analytics across the U.S. and Bermuda into a unified Portfolio Analytics team.
Our Portfolio Analytics team will be free from the corporate financial calendar, aligned to regional business priorities and supporting underwriting decision-making when most needed. The Portfolio Analytics team will be comprised of analytics professionals with a wide range of technical skillsets, including actuaries, data scientists, implementation engineers, data engineers, and data visualization developers.
We envision a dynamic, underwriter-centered function that treats underwriters and regional leaders as its core customers—identifying trends early, delivering actionable insights built on reliable data, and embedding actuarial and predictive models into daily workflows.
In the Portfolio Management Lead role, you will serve as a critical bridge between the Portfolio Analytics team and our customers. You will sit within both the Portfolio Analytics team and Markel’s U.S. Wholesale & Specialty business, with a dotted-line reporting relationship to Regional Presidents.
What we ask of you:
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Drive the strategic implementation of active portfolio management at the Regional & Product level across Markel US Wholesale & Specialty.
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Make appropriate recommendations and enhancements to ensure the relevant stakeholders are equipped to actively manage their portfolios.
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Bring the underwriting viewpoint via an analytical lens to conversations with actuarial and claims partners.
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Help define and actively monitor the key performance drivers with appropriate segmentation to support underwriting to drive remedial actions where necessary.
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Identify, scope, and evaluate the ROI of high‑impact analytical models and solutions; partner with the team to build and prioritize an analytics project pipeline.
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Drive underwriting engagement during the development, implementation, and adoption of strategic and predictive analytics in partnership with the broader Portfolio Analytics team. Deliver tools and insights to optimize portfolio performance and enable smarter underwriting decisions.
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Support improvements in the sophistication and adoption of technical pricing models and portfolio management tools with the aim of improving risk selection and reducing loss ratios.
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Collaborate with actuarial to ensure underwriting actions are quantified, understood and allowed for in their reserving and pricing work.
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Support quarterly business planning with performance monitoring and alignment to plan; provide insights to steer portfolio strategy.
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Champion data science, automation, and data-driven decision-making; promote adoption of tools and a data-centric culture.
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Lead training and enablement initiatives for underwriters and colleagues, in partnership with Training & Development.
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Collaborate across regions, sharing knowledge and best practices with the International Portfolio Analytics team.
What you will bring to the role:
The successful candidate will have:
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Advanced ability to manipulate and analyze large, complex datasets; strong commercial acumen and understanding of Markel’s strategy.
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Strong understanding of actuarial principles.
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Original thinking and creative problem-solving skills to any given situation, driving for improved processes, systems, products, or services so that Markel can establish and maintain a competitive edge.
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Experience in building alliances and cultivating deep and broad relationships across large organizations.
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Demonstrated ability to partner with underwriters to enhance decision making through analytics, fostering trust, curiosity, and sustained adoption of data‑driven practices, from the spectrum of line underwriter to executive.
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Exceptional communication skills, capable of galvanizing support from a wide range of stakeholders.
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Track record of delivering value to Insurance organizations through pricing, portfolio management, and analytics. Ability to influence and collaborate with diverse stakeholders.
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Excellent understanding of insurance data, particularly with regards to Commercial and Specialty insurance in the US and Bermuda markets.
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The ability to stay ahead of external trends and promote a culture of continuous improvement.
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A disciplined, energetic work ethic with a focus on high-impact priorities.
Key Qualifications:
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Education: Bachelor’s degree in Actuarial Science, Statistics, Data Science, Economics, Mathematics, Information Systems, Risk Management or related field. Advanced degree preferred.
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Experience: 8–15+ years in analytics, pricing, underwriting, or portfolio management within US Commercial/Specialty lines; leadership or multi-region experience valued.
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Pricing actuarial experience at a Commercial or Specialty Insurer is highly desirable. Ideal candidate would also have experience working within a business unit or an underwriting function.
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Certifications (nice-to-have): ACAS/FCAS, CPCU, ASA; PMP/PMI-ACP a plus.
Our values:
We’re all about people:
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Empowering them, supporting them, and helping protect what matters most to them.
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We put people first, and stay true to our word, because we believe in the power of relationships and doing what’s right.
We win together:
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We work as a team, exchanging ideas, supporting each other, and respecting everyone’s opinion.
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Because together we know we can achieve great things.
We strive for better:
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We aspire to lead and win in all that we do.
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Aiming for excellence, and finding a better way of doing things, is up to us all.
We enjoy the everyday:
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We are dedicated to our work, but we always keep a sense of humor and leave our egos at the door.
We think further:
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We are committed to building a legacy and making decisions that leave a lasting impact on our customers, partners, employees, and communities.
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 supportive of candidates looking for flexible working patterns.
US Work Authorization
US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Pay information:
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 Actuarial Portfolio Manager is $158,720 to $218,240 with 45% 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.
We’re all about people | We win together | We strive for better
We enjoy the everyday | We think further
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.
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:
We would also ask that you please report any job employment scams related to Markel to [email protected].
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 [email protected].
No agencies please.
