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MS
Markel Service Inc.
Senior Actuarial Analyst/Actuary
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Based on Nebraska data
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What they do
An Actuary calculates the financial costs of risk and uncertainty. Uses findings from statistical analysis and mathematical modeling to help businesses and clients minimize the cost of risk and develop business and investment strategies. Uses actuarial analysis of the probability and cost of natural disasters or accidents to develop insurance policies.
$135,202 / year median in Nebraska
-9% projected decline
Job Description
Senior Actuarial Analyst/Actuary Markel Service Inc. - 3.5 Omaha, NE Job Details Full-time 8 hours ago Benefits AD&D insurance Employee stock purchase plan Health insurance Dental insurance Paid time off Parental leave Vision insurance 401(k) matching Qualifications Bachelor's degree Achieving project delivery timelines Full Job Description 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! We are expanding our actuarial team that supports Markel's Programs and Solutions Division. This new opportunity will deliver actuarial insights and analyses to our MGA Programs Business Unit. This role will have a range of responsibilities, from reserving to loss ratio projections to assessing the profitability of new business opportunities. This is a key hire that will be able to influence management towards courses of actions that have a positive impact on underwriting, portfolio management, and profitability. We are also looking for someone who will provide guidance and direction to junior level actuaries on the team. Job Responsibilities Conducting thorough research and analysis to evaluate lines of business and/or individual programs, establishing rates and pricing strategies that align with Markel's commitment to profitable premium growth and cost-based pricing. Investigating new business opportunities and identifying potential acquisitions as requested, providing data-driven insights and recommendations. Forecasting reserve estimates on a quarterly basis Effectively communicating findings to Actuarial, Finance, Claims, Underwriting, and Executive Leadership, presenting analyses clearly and responding promptly to requests for alternative structures or assumptions to better represent the risks under review. Delivering presentations on actuarial analyses to diverse audiences, ensuring both actuarial and non-actuarial stakeholders fully understand results and their implications. Proactively identifying and communicating potential actuarial issues to relevant teams. Mentoring and serving as a resource for less experienced actuaries, fostering professional growth and knowledge sharing. Rate change monitoring Representing the Department on cross-functional teams. Supporting corporate goals and principles Other actuarial work as needed. Education Bachelor's Degree required, preferably in mathematics, statistics, or other analytical fields Work Experience/Skill Set 3-6 years of actuarial experience at a commercial insurer preferred. A demonstrated commitment to pursuing Associate or Fellowship designation in the Casualty Actuarial Society. Newly qualified candidates preferred but will consider high-potential students looking for a new challenge. Project and time management skills are essential, especially related to abiding by deadlines, management of resources, and meeting customer needs. Strong communication skills are required, as is the ability to think critically and to defend actuarial assumptions, decisions and methodologies. Ability to balance creativity and sound actuarial judgement. Experience working with delegated authority programs/MGAs is a plus but not required Excellent Organizational skills #LI-SY #LI-Hybrid US Work Authorization US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.