About the role
This role supports Global Reserving at Markel by delivering reserving analysis, reporting, and transformation initiatives, leveraging actuarial expertise, data analytics, and process improvement to enhance reserve insights, operational efficiency, and strategic decision-making across the organization.
The opportunity
This role offers a high-visibility opportunity to help shape the future of Global Reserving at Markel. Positioned within a global actuarial function, the role supports critical reserving execution while contributing to enterprise-wide transformation initiatives that improve consistency, efficiency, and insight across the corporation. For an actuarial professional seeking broader exposure, greater influence, and a more direct connection to corporate priorities, this position provides meaningful involvement in Global Re runoff reserving, reserve transformation, analytics, industry research, visualization of results, and communication with senior actuarial and business stakeholders. The role also supports important actuarial activities including internal and external audits, confidence-level analysis, IT and infrastructure projects, and development of scalable reserving solutions that strengthen decision-making across Markel.
What you'll be doing
Reserving Operationalization
•Contribute to quarterly reserve close, reporting, and Reserve Committee materials
•Participate as needed in ResQ/MRD development, support, and testing
•Assist in development and implementation of embedded margin roll-off methodologies
Reserve Transformation & Process Improvement
•Support and maintain initiatives to standardize and streamline reserving processes across Markel
•Assist in ERMS-based reserving enhancements, including MIICL/MISE solutions and data integration
•Contribute to simplification of reserving data structures and workflows (ResQ/MRD)
Global Re Reserving Analytics
•Perform reserve reviews and monitoring, including adequacy, AvE, and embedded margin analysis
•Support development and maintenance of reserving tools and analytics (e.g., AvE, reserve performance tracking) that support visualization and communication
•Utilize actuarial and data tools including but not limited to ResQ, Excel, MRD, SQL, Python, & Alteryx
Excellence in Non-Product Work
•Effectively communicating findings to Actuarial, Finance, Claims, Underwriting, and Executive Leadership, presenting analyses clearly and responding promptly to additional requests
•Support IBNR uploads, pre-close processes, and ERMS/Claims Centre initiatives
•Contribute to centralization of reserving activities and reduction of product-actuary dependency
•Provide support to broader global reserving (e.g., P&S, W&S, International) as needed
•Identify and support opportunities to improve efficiency through automation and AI
•Contribute to scalable solutions that enhance actuarial workflows and data quality
•Representing the Department on cross-functional teams
•Other actuarial work and Ad hoc requests from product line leaders and executive leadership
Our must-haves
•Degree in actuarial science, mathematics, statistics, or a related discipline, or equivalent relevant experience
•Credentialed member of an internationally recognized actuarial association (for example CAS or IFoA)
•Proven actuarial experience, ideally in reserving or financial reporting
•Strong analytical, problem-solving, and communication skills
•Ability to translate technical findings into practical business insights
•Experience with actuarial and data tools (ResQ, Excel, MRD; SQL/Python/Alteryx preferred)
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
•A great starting salary plus annual bonus & strong benefits package
•25 days paid holiday plus Bank Holidays, with the opportunity to buy/sell extra leave
•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
•There are countless opportunities to learn new skills and develop in your career, with the support needed to do just that
Markel is also happy to consider candidates who are looking for flexible working patterns.
