M
Not Specified Permanent

Richmond, Virginia · USA job

Sr. Actuarial Manager

Markel

Richmond, Virginia

Job description

Overview

In this role you will lead the actuarial strategy and analytics for the Workers' Compensation segment, partnering with senior leadership and cross-functional partners to drive profitable growth and informed decisions. You'll oversee pricing, profitability monitoring, and portfolio analytics, delivering actionable insights to support underwriting strategy, capital allocation, and long-term objectives. As an actuarial leader, you'll foster collaboration, mentor talent, and translate complex analyses for diverse audiences. This opportunity sits at the intersection of finance, underwriting, and claims, enabling you to shape risk, pricing, and portfolio decisions at scale.

Compensation / Benefits
  • health, dental, and vision insurance options
  • life, disability, and AD&D insurance
  • 401(k) with employer match
  • Employee Stock Purchase Plan
  • PTO and holidays including floating holidays
  • parential leave
Responsibilities
  • Lead actuarial analyses and provide strategic guidance for the Workers Compensation segment, aligning with profitability, growth, and portfolio objectives
  • Develop and maintain pricing analyses, rate indications, portfolio monitoring tools, and profitability assessments to support underwriting and business strategies
  • Collaborate with Underwriting, Claims, Finance, and Executive Management to identify risks and opportunities and support strategic decision-making
  • Monitor portfolio results, loss trends, claim development patterns, and underwriting performance to provide actionable recommendations
  • Partner with Claims leadership to evaluate claim trends, severity drivers, and initiatives impacting Workers Compensation performance
  • Provide actuarial support for business planning, forecasting, reinsurance evaluations, and other strategic initiatives
  • Clearly communicate actuarial analyses and recommendations to both technical and non-technical audiences, including senior management
  • Present findings in meetings and translate complex concepts into practical business considerations
  • Serve as a trusted advisor on actuarial methodologies, assumptions, and key performance drivers
  • Lead and contribute to cross-functional projects representing the Actuarial function across enterprise and segment efforts
  • Manage, mentor, and develop actuarial staff, promoting technical excellence and alignment with objectives
Key requirements
  • ACAS required; FCAS preferred
  • Minimum 8-10 years actuarial experience with strong emphasis in Workers Compensation
  • Experience in WC pricing, reserving, or portfolio management
  • Strong leadership, communication, and stakeholder management skills
  • Experience partnering with Underwriting, Claims, and Finance leaders to influence strategy and outcomes
  • US work authorization
  • leadership
  • communication
  • stakeholder management
  • WC pricing, reserving, or portfolio management
  • portfolio analytics and profitability assessment
  • loss trend analysis and claim development

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