Posted:
8/12/2024, 5:00:00 PM
Location(s):
Bavaria, Germany ⋅ Munich, Bavaria, Germany
Experience Level(s):
Junior ⋅ Mid Level
Field(s):
Business & Strategy ⋅ Data & Analytics
Meet Markel:
At Markel, we believe that what we do really matters. And that every one of us has the power to make a difference. To us, insurance is more than a piece of paper. It’s a promise to help people get back on their feet. It’s a commitment that gives people the courage to take chances. And in uncertain times, it’s the fuel that moves the world forward.
Since the very start, we’ve used our ingenuity to insure risks that others can’t. Finding smart solutions to complex problems, so people can live their lives and seize opportunities.
Our style is about focussing on people’s needs, not just words on a page. It’s about building relationships and connecting as humans. And ultimately, it’s about being there for people when they need us most.
In our eyes, our journey is just beginning. Together, we’re building a business that supports more people, in more places. But unlike our peers, we’ll never lose our people-first focus as we grow. Because you will always be what makes Markel special. And what continues to power this business forward.
Markel Group (NYSE – MKL) is 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.
Find out more by visiting our websites: www.markel.com/insurance/international
About the team:
Markel International operates in the Wholesale insurance market, via the Lloyd’s platform in London, as well as in Commercial SME markets through the National Markets (‘NM’) division, with offices across the UK, Canada, and Europe. The NM Analytics team works across the entire NM division and is a multi-disciplinary team consisting of data scientists, data engineers and actuaries.
The team is embedded within the business and works closely on a day-to-day basis with expert underwriters, claims handlers, finance, actuarial, sales, operations, and management. This close interaction is key to delivering detailed solutions quickly, to the people that need them.
The team is organised into three pillars: Data Science & Engineering, Portfolio Management and Technical Pricing. The role of the Technical Pricing team is to support the underwriting of profitable business across National Markets, as we seek to be the best Specialty insurer in each our markets, offering relevance and ease of trading to our customers and distribution partners.
This newly created role sits in the Technical Pricing pillar and reports to the Lead Pricing Expert for NM, with the ultimate reporting line via the Managing Director for National Markets. Specifically, the role will focus on supporting diverse product lines across NM to drive our growth ambitions to 2030, whilst maintaining underwriting profitability.
The NM Analytics team has strong a track record in cloud data engineering and data science. The team will support you with the creation and implementation of data pipelines and data models, ensuring the highest standard in data quality, integrity, and governance, as we seek to minimise time spent on data cleaning and preparation. However, some data wrangling skills, along with knowledge of Python and SQL, are required for this role, as we endeavour to build reproducible data and model workflows using leading cloud technology.
Working together to achieve this will allow you to focus on the key day-to-day tasks, including assisting with individual risk pricing, development and maintenance of pricing models, portfolio modelling, profitability analysis and the production of management information across the business. You will work to analyse our ever-developing data, telling the story and delivering insights from our emerging experience to key stakeholders such as the reserving team, finance, and management.
A solid understanding of statistics is key; the candidate could have a background in statistics, actuarial science, or data science for example. As we expand our business, we look to continuously improve upon our existing pricing methodologies. A desire to investigate new technologies and modelling techniques will be an advantage for this role.
What we ask of you:
The candidate will support both the NM Lead Pricing Expert and the local offices through working on the following:
Pricing
Data & Analytics
Profitability | Portfolio Analysis
What you will bring to the role:
The successful candidate will:
Our values:
We’re all about people:
We win together:
We strive for better:
We enjoy the everyday:
We think further:
Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also supportive of candidates looking for flexible working patterns.
For application information please visit our careers page.
We are a Disability Confident Committed employer which means we want to ensure that you have a positive experience applying for a role at Markel and are able to perform at your best. If there are any adjustments we can reasonably make to ensure that the process is accessible for you at every stage please telephone us on +44 (0)20 7953 6000 or email [email protected].
Website: https://statenational.com/
Headquarter Location: Bedford, Texas, United States
Employee Count: 251-500
Year Founded: 1973
IPO Status: Delisted
Industries: Insurance ⋅ Property Insurance