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- Tasks: Shape pricing strategies and drive impactful change in a supportive environment.
- Company: Markel International, a diverse and innovative company valuing fresh perspectives.
- Benefits: Flexible working, 25 days holiday, private medical cover, and professional development support.
- Why this job: Join a dynamic team and influence strategic pricing decisions while growing your career.
- Qualifications: Experience in pricing model development and strong analytical skills preferred.
- Other info: Open to flexible working patterns and committed to diversity and inclusion.
The predicted salary is between 36000 - 60000 £ per year.
We understand that career breaks happen for many reasons, and we value the skills and perspectives you bring. This role offers a supportive environment designed to help you transition smoothly and thrive.
As a Pricing Optimisation Lead within our International Portfolio Analytics (IPA) team, you’ll play a key role in shaping pricing strategies and driving meaningful change across Markel International. You’ll collaborate with senior leaders and technical experts to develop best practice pricing approaches, ensuring our portfolio management translates into well-calibrated model improvements that deliver real business impact.
About the TeamThe International Portfolio Analytics (IPA) team is a dynamic, multi-functional group that operates with creativity, autonomy, and empowerment. Embedded within the underwriting business and represented in senior leadership forums, the team supports all divisions of Markel International. Our core focus spans four critical areas:
- Portfolio Management
- Pricing Transformation
- Advanced Analytics
- Catastrophe & Exposure Management
Explore opportunities to deliver smarter pricing solutions, including:
- Reviewing, challenging, and improving pricing models and approaches to iterative development and calibration.
- Offering practical recommendations and sharing best practices, balancing technical rigour with real-world application.
- Supporting the ongoing development and maturity of models, including exploring opportunities with internal and external data sources.
- Adding value to testing, validation, and governance processes to embed effective practices.
- Mentoring and supporting junior team members in their actuarial career development.
- Fostering collaboration between portfolio management, pricing transformation, and other teams.
- Contributing ideas and expertise to shape the future direction of our team and the wider business.
- Engage with senior stakeholders, including underwriting MDs and the office of the CUO, to align pricing strategies with business objectives.
- Lead initiatives to improve pricing model governance and calibration.
- Document and validate pricing methodologies and ensure clarity across teams.
- Facilitate workshops and meetings to drive collaboration and decision-making.
- Prepare governance materials and secure sign-off at key milestones.
- Support continuous improvement across the International Portfolio Analytics function.
- Experience in pricing model development, review, calibration, validation, and governance; familiarity with GLMs is helpful but not essential.
- Strong technical actuarial skills with the ability to problem-solve and recommend analytics approaches.
- Background in actuarial work—whether from London Market insurance, Personal Lines, Consulting, or elsewhere.
- Ability to communicate complex concepts clearly and constructively, and to challenge approaches in a supportive way.
- Willingness to learn and adapt, with an open mind to new tools, data sources, and ways of working.
- Collaborative spirit and a desire to help others develop and succeed.
- Good coding or data analysis skills (e.g., Python, SQL, Power BI) would be useful, but we’re happy to support your development.
- Any experience with capital modelling is a plus but not required.
A collaborative, forward-thinking team that values creativity, autonomy, and fresh perspectives. Opportunities to influence strategic pricing decisions and shape best practice across Markel International. Access to cutting-edge tools, data, and analytics to drive meaningful change. Support for your professional growth, including mentoring and development in technical and leadership skills. Flexible working options to help you balance work and life while making a real impact.
We’re open to flexible working requirements for all of these roles and offer benefits & support such as:
- 25 days’ holiday (pro‑rated for the FTC)
- Private medical cover for you and your family
- Private dental insurance
- Worldwide travel insurance
- Pension scheme
- Vitality wellbeing benefits
- My Family Care for emergency childcare and eldercare
- High street discounts and reduced gym memberships
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 happy to consider candidates who are looking for flexible working patterns.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.
We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful. Please contact us via email at rec@markel.com or call us at 0161 507 5827 to request any accommodations that may be needed. This includes any alternative formats of any documents or information on how to apply offline.
Career Returner - Pricing Optimisation Lead employer: Markel Corporation
Contact Detail:
Markel Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Career Returner - Pricing Optimisation Lead
✨Tip Number 1
Network like a pro! Reach out to your connections and let them know you're on the job hunt. You never know who might have a lead or can put in a good word for you.
✨Tip Number 2
Prepare for those interviews! Research the company, understand their pricing strategies, and think about how your skills can contribute to their goals. Confidence is key!
✨Tip Number 3
Showcase your unique experiences! If you've taken a career break, highlight the skills and perspectives you've gained during that time. It’s all about how you frame it!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love hearing from candidates directly!
We think you need these skills to ace Career Returner - Pricing Optimisation Lead
Some tips for your application 🫡
Be Yourself: We want to see the real you! Don’t be afraid to share your unique experiences and perspectives, especially if you've had a career break. Your journey is valuable, so let it shine through in your application.
Tailor Your Application: Make sure to align your skills and experiences with the job description. Highlight any relevant experience in pricing model development or actuarial work, and show us how you can contribute to our team’s goals.
Show Your Collaborative Spirit: Since we value teamwork, mention any past experiences where you’ve worked collaboratively. Whether it’s mentoring others or leading initiatives, let us know how you foster collaboration and support your colleagues.
Keep It Clear and Concise: When writing your application, clarity is key! Use straightforward language to explain your skills and experiences. We appreciate well-structured applications that get straight to the point, so keep it concise and impactful.
How to prepare for a job interview at Markel Corporation
✨Know Your Pricing Models
Make sure you brush up on your knowledge of pricing models, especially if you have experience with GLMs. Be ready to discuss how you've reviewed and improved pricing strategies in the past, as this will show your technical skills and problem-solving abilities.
✨Engage with Stakeholders
Prepare to talk about your experience engaging with senior stakeholders. Think of examples where you aligned pricing strategies with business objectives, as this role involves collaboration with underwriting MDs and other leaders.
✨Show Your Collaborative Spirit
This role values teamwork, so be ready to share instances where you've mentored others or fostered collaboration between teams. Highlight your willingness to learn and adapt, as well as your desire to help others succeed.
✨Communicate Clearly
Practice explaining complex concepts in a straightforward manner. You might be asked to challenge existing approaches, so demonstrate your ability to do this constructively while maintaining a supportive tone.
