Sr. Actuarial Manager
Markel
- Location
- Richmond, VA
- Work model
- On-Site
- Level
- Senior
- H-1B history
- 1 approvals (FY2023)
- Posted
- 23h ago
About this role
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!

The primary purpose of this role is to lead the actuarial strategy and analysis for the Workers Compensation segment, partnering closely with senior leadership, Underwriting, Claims, Finance, and other key stakeholders to drive profitable growth and informed business decision-making. This position is responsible for overseeing pricing, profitability monitoring, and portfolio analytics, while providing actionable insights that support underwriting strategy, capital allocation, and long-term business objectives. The role requires deep actuarial expertise, strong business acumen, and the ability to effectively communicate complex analyses to both technical and non-technical audiences. As a leader within the Actuarial organization, this individual will foster collaboration across functions, influence strategic initiatives, and support the development of actuarial talent.
Job Responsibilities
Lead actuarial analyses and provide strategic guidance for the Workers Compensation segment, ensuring alignment with profitability, growth, and portfolio management objectives. Develop and maintain pricing analyses, rate indications, portfolio monitoring tools, and profitability assessments to support underwriting and business strategies. Collaborate closely with Underwriting, Claims, Finance, and Executive Management to identify risks and opportunities, evaluate business performance, and support strategic decision-making. Monitor portfolio results, loss trends, claim development patterns, and underwriting performance to provide actionable recommendations that improve business outcomes. Partner with Claims leadership to evaluate claim trends, severity drivers, and operational initiatives that impact Workers Compensation performance. Provide actuarial support for business planning, forecasting, reinsurance evaluations, and other strategic initiatives affecting the Workers Compensation portfolio. Clearly communicate actuarial analyses, insights, and recommendations to both technical and non-technical audiences, including senior management and executive leadership. Present findings and recommendations in meetings and strategic discussions, translating complex actuarial concepts into practical business considerations. Serve as a trusted advisor to business partners by providing education and guidance on actuarial methodologies, assumptions, and key performance drivers. Lead and contribute to cross-functional projects and initiatives, representing the Actuarial function in enterprise and segment-level efforts. Manage, mentor, and develop actuarial staff, promoting technical excellence, professional growth, and alignment with organizational objectives.
Education
Bachelor's degree required, preferably in Actuarial Science, Mathematics, Statistics, Economics, or a related quantitative field. Certification ACAS required; FCAS preferred Work Experience / Skillset Minimum of 8-10 years of actuarial experience, with a strong emphasis in Workers Compensation. Demonstrated experience in Workers Compensation pricing, reserving, or portfolio management. Strong leadership, communication, and stakeholder management skills. Experience partnering with Underwriting, Claims, and Finance leaders to influence business strategy and operational outcomes. #LI-AB 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