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Head of Actuarial Pricing

2 months ago

London, Greater London, United Kingdom Markel Corporation Full time
Position Overview

As the Head of Actuarial Pricing at Markel Corporation, you will play a pivotal role in steering the Actuarial Pricing team towards excellence. Your leadership will involve setting strategic objectives, optimizing resource allocation, and ensuring the timely delivery of critical outputs.

Key Responsibilities
  • Team Leadership: Manage a diverse team of actuaries, fostering a collaborative environment that encourages innovation and professional growth.
  • Pricing Strategy: Direct all facets of pricing and profitability analysis, including large account pricing and validation of pricing tools.
  • Financial Oversight: Evaluate regional performance and assess the profitability of various product lines, ensuring robust financial health.
  • Risk Assessment: Utilize statistical methodologies to derive accurate risk estimates, employing advanced actuarial techniques.
  • Communication: Articulate actuarial findings clearly to both technical and non-technical stakeholders, ensuring comprehensive understanding across departments.
  • Documentation: Maintain thorough records of processes, assumptions, and methodologies related to actuarial analyses.
Qualifications

The ideal candidate will possess substantial experience in technical pricing, including:

  • Case pricing for large accounts and development of rating models.
  • Portfolio management and monitoring, along with the creation of relevant metrics.
  • Understanding of actuarial contributions to business planning and risk parameterization.

Stay abreast of the latest industry practices and advancements in pricing and portfolio management.

Additional Information

Markel Corporation is a global leader in insurance and reinsurance, with a commitment to diversity and inclusion in the workplace. We offer a competitive salary, annual bonuses, and a comprehensive benefits package, including a generous pension scheme and health coverage.

We value the unique perspectives that individuals bring to our organization and are dedicated to providing reasonable accommodations for candidates with disabilities throughout the application process.