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- Tasks: Lead innovative pricing transformation initiatives and collaborate with teams to drive impactful change.
- Company: Join Markel, a Fortune 500 company with a dynamic and diverse culture.
- Benefits: Competitive salary, annual bonus, strong benefits, and 25 days holiday plus bank holidays.
- Why this job: Shape the future of pricing in General Insurance and make a meaningful difference.
- Qualifications: Strong technical pricing skills and experience in leading transformation initiatives.
- Other info: Flexible working patterns and opportunities for career development.
The predicted salary is between 36000 - 60000 £ 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.
You will shape the future of pricing in General Insurance through innovation and transformation, solve complex problems with high-impact, low-effort solutions that directly influence underwriting and portfolio performance and act as a senior decision-maker, partnering with leadership to define and deliver change. The role will work across disciplines – actuarial, underwriting, and development to embed best practice and accelerate delivery.
Who we are:
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
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 Bank Holidays, with the opportunity to buy/sell extra leave
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, reach their full potential and seize opportunities. You’ll find your fit amongst our diverse global community of optimists and problem-solvers. We’re always pushing each other to think further because we believe that when we strive for better and realise our potential, we can help others reach theirs.
Join us and play your part in something special!
Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you. At Markel we are all about the people, celebrating 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 will ensure that individuals are provided with any 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 or adjustments that may be needed, including alternative formats of documents or information on how to apply offline.
Pricing Transformation Lead employer: Markel Corporation
Contact Detail:
Markel Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Transformation Lead
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Markel. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by understanding the company culture and values. Markel is all about people and innovation, so think of examples from your past that showcase how you embody these traits.
✨Tip Number 3
Showcase your technical skills! If you've got experience with Excel or Python, be ready to discuss specific projects where you used these tools to drive change or solve problems.
✨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 serious about joining the team.
We think you need these skills to ace Pricing Transformation Lead
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in pricing transformation and technical expertise. We want to see how your skills align with the role, so don’t hold back on showcasing your achievements!
Showcase Your Problem-Solving Skills: In your application, give examples of how you've tackled complex problems in previous roles. We love candidates who can demonstrate a consulting mindset and have a knack for delivering impactful solutions.
Highlight Collaboration Experience: Since this role involves working across various teams, be sure to mention any past experiences where you’ve successfully collaborated with different stakeholders. We value strong communication and engagement skills!
Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. It’s the best way for us to get to know you and for you to learn more about what we do at StudySmarter!
How to prepare for a job interview at Markel Corporation
✨Know Your Pricing Inside Out
Make sure you have a solid understanding of pricing transformation concepts, especially in the context of insurance. Brush up on your technical skills in Excel and Python, as well as your knowledge of underwriting workflows. This will help you demonstrate your expertise and show that you're ready to lead initiatives.
✨Showcase Your Consulting Mindset
Prepare to discuss how you've diagnosed and delivered change in previous roles. Think of specific examples where you've identified bottlenecks and implemented solutions. This will highlight your ability to think strategically and act practically, which is crucial for this role.
✨Engage with Stakeholders
Practice articulating how you would build credibility and influence across different teams. Be ready to share experiences where you've successfully collaborated with diverse groups, including developers and analysts. Strong communication skills are key, so make sure you can convey your ideas clearly.
✨Mentorship Matters
Since mentoring junior talent is part of the role, think about your past experiences in guiding others. Prepare to discuss how you've helped develop skills in your team members and how you plan to continue doing so. This will show that you're not just a leader but also a team player who values growth.
