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For Companies At a Glance
- Tasks: Lead pricing transformation initiatives and innovate models using Excel and Python.
- Company: Join Markel, a Fortune 500 company with a dynamic and empowering culture.
- Benefits: Competitive salary, annual bonus, strong benefits, and generous holiday allowance.
- Why this job: Make a real impact in a senior role driving strategic change in pricing.
- Qualifications: Strong technical pricing skills and experience in leading transformation initiatives.
- Other info: Mentor junior talent and collaborate across functions in a complex environment.
The predicted salary is between 43200 - 72000 £ per year.
A senior leadership role embedded within the Pricing Transformation function, responsible for driving strategic and technical change across pricing, underwriting, and model development. This is not a traditional actuarial or consulting role – it combines deep technical expertise with transformation delivery, stakeholder engagement, and team enablement.
Who we are
Business Unit overview: The International Portfolio Analytics (IPA) team at Markel 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. Its core focus lies in the key areas essential to driving profitability and performance for a specialty lines insurer: Portfolio Management, Pricing Transformation, Advanced Analytics, and Catastrophe & Exposure Management. Part of Markel Group (NYSE – MKL), 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.
What you’ll be doing
- Lead the design and delivery of pricing transformation initiatives, including innovation of models in Excel and Python, and underwriting engagement.
- Own and drive technical pricing development, including recalibration, rate adequacy, and feature expansion.
- Collaborate with underwriting teams to build credibility and deliver impactful change.
- Identify operational and technical bottlenecks, and design solutions that scale.
- Mentor junior analysts and developers, embedding best practice and accelerating capability.
- Represent the Pricing Transformation function in cross‑functional forums and leadership discussions.
Key Skills
- Strong technical pricing, ideally with an actuarial background and experience with insurance pricing development.
- Consulting mindset – able to diagnose, design, and deliver change across functions.
- Deep understanding of underwriting workflows and how pricing impacts decision-making.
- Proven ability to lead transformation initiatives in complex environments.
- Comfortable working with developers, actuaries, and analysts to translate strategy into delivery.
- Excellent communication and stakeholder engagement skills – able to build trust and influence across levels.
- Experience in mentoring and developing junior talent.
- Strategic thinker with a bias for action and practical delivery.
Benefits
- A great starting salary plus annual bonus & strong benefits package.
- Up to 16% company pension scheme.
- Private medical and dental cover, Menopause plan, emergency care benefit (children / Pets / dependants).
- Income protection, Life assurance, electric car scheme, travel insurance.
- 25 days paid holiday plus.
Pricing Transformation Lead in London employer: Markel Corporation
Contact Detail:
Markel Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Transformation Lead in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at Markel or similar companies. A friendly chat can open doors and give you insights that might just help you land that Pricing Transformation Lead role.
✨Tip Number 2
Showcase your skills! If you've got experience with Excel and Python, make sure to highlight that in conversations. Maybe even prepare a mini-project or case study to demonstrate your technical prowess and how you can drive transformation.
✨Tip Number 3
Be ready to discuss real-world examples of how you've led change before. The interviewers will want to see your consulting mindset in action, so think of specific instances where you've tackled complex problems and delivered results.
✨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, it shows you're genuinely interested in joining our team at Markel.
We think you need these skills to ace Pricing Transformation Lead in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Pricing Transformation Lead role. Highlight your technical expertise in pricing and any relevant transformation initiatives you've led.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're the perfect fit for this role. Share specific examples of how you've driven change in complex environments and your experience with underwriting workflows.
Showcase Your Communication Skills: Since this role involves stakeholder engagement, demonstrate your communication prowess in your application. Use clear, concise language and provide examples of how you've built trust and influenced others in previous roles.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role without any hiccups!
How to prepare for a job interview at Markel Corporation
✨Know Your Pricing Inside Out
Make sure you brush up on your technical pricing knowledge, especially if you have an actuarial background. Be ready to discuss specific models you've worked on in Excel and Python, and how they relate to underwriting engagement.
✨Showcase Your Transformation Experience
Prepare examples of past transformation initiatives you've led. Highlight your ability to identify bottlenecks and design scalable solutions, as this role is all about driving impactful change across functions.
✨Engage with Stakeholders
Demonstrate your excellent communication skills by discussing how you've built trust and influenced stakeholders in previous roles. Think of specific instances where your engagement made a difference in project outcomes.
✨Mentorship Matters
Since mentoring junior analysts is part of the job, be ready to talk about your experience in developing talent. Share how you've embedded best practices in your teams and accelerated their capabilities.
