Jobs · Finance · Virginia

Actuarial Analyst

Markel · Richmond, VA · Yesterday
Finance$59k–$98k/yrFull-time

The Role

If you're seeking a place where you can make a meaningful difference, look no further. At Markel, we empower individuals to take risks and seize opportunities, fostering a global community of optimists and problem-solvers. Join us and contribute to something extraordinary!

About the role

The primary purpose of the Actuarial Analyst position is to provide actuarial analyses based on generally accepted actuarial principles. Under the direction and oversight of more senior level actuaries, the completed analyses are used by internal business leaders for data-based decision-making.

Responsibilities

  • Conducting research and analysis on potential new lines of business and establishing rates/pricing that supports Markel's initiative of continued profitable premium growth while maintaining cost-based pricing.
  • Researching new business opportunities as requested.
  • Communicating results of actuarial analyses to meeting attendees and ensuring that all attendees have a clear understanding of the final results.
  • Presenting actuarial analyses to internal stakeholders and responding efficiently and accurately to requests to vary the actuarial analysis in terms of structure and/or assumptions to more accurately represent the risk being analyzed.
  • Communicating potential actuarial issues promptly.
  • Performing other actuarial work as needed.

Requirements

  • Strong analytical skills and attention to detail.
  • Experience with actuarial software and methodologies.
  • Knowledge of pricing and reserving techniques.
  • Ability to communicate complex data and findings clearly and concisely.
  • Proficiency in Microsoft Office Suite.

Qualifications

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field.
  • Passing one or more actuarial exams preferred.
  • Minimum of 2 years of relevant experience in actuarial analysis.

Skills

  • Advanced Excel skills.
  • Strong communication and interpersonal skills.
  • Ability to work independently and as part of a team.
  • Attention to detail and ability to manage multiple tasks simultaneously.

Benefits

  • Competitive benefits package including health, dental, and vision insurance, life insurance, disability insurance, and a 401(k) with employer match.
  • Flexible PTO and paid holidays.
  • Parental leave.

Pay

$58,500 - $97,500

Schedule

Full-time

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