At a Glance
- Tasks: Dive into data analytics and underwriting, shaping the future of insurance.
- Company: Join Markel International, a leader in innovative underwriting solutions.
- Benefits: Enjoy competitive salary, private medical insurance, and hybrid work options.
- Other info: Network with peers and industry leaders while enjoying a vibrant office atmosphere.
- Why this job: Kickstart your career with hands-on experience and mentorship in a supportive environment.
- Qualifications: Studying a STEM subject with a passion for data and analytics.
The predicted salary is between 25000 - 32000 £ per year.
The Opportunity
Are you studying a STEM subject, curious about underwriting, and eager to apply the technical knowledge you’ve learned in a practical, commercial setting? Join Markel International’s Underwriting Analytics programme and build the profile the market is asking for: a data confident, commercially astute underwriter of the future. This is a rare, hybrid pathway that develops you in analytics first and then places you at the heart of the market - so you don’t just read the numbers, you know how they’re made and how to use them when it matters.
From day one you’ll be close to live portfolios and real decisions, seeing how pricing models, predictive insight and portfolio steering give underwriters an edge across the London Market. You’ll learn how to interrogate data at both risk and portfolio level, how to translate signals into appetite and price, and how to bring clarity to complex submissions, and then you’ll carry that toolkit into an underwriting seat. By year two you’ll be contributing to trading discussions, shaping viewpoints on risk selection and rate adequacy, and helping to build a profitable book within either Marine & Energy or Professional and Financial Risks & Cyber. This programme is designed as your onramp to a long term underwriting career at Markel.
What you’ll be doing
Year 1: The Portfolio Analytics Team
Immerse in International Portfolio Analytics (IPA). You’ll be embedded with the teams that power our decision making - Portfolio Management, Technical Pricing, Predictive Analytics and Data Science - translating data into actionable underwriting insight. You’ll learn how portfolios behave, how pricing models are built and validated, and how to turn raw information into signals underwriters actually use.
- Dive into learning about the insurance industry, build valuable business connections, and shine in presentations to underwriting divisions.
- Utilise coding languages to drive cutting‑edge analytics.
- Create and maintain a variety of pricing models using specialist tools and the newest technologies within the insurance industry.
- Learn to tell a story through data, using data visualisation techniques to display patterns, trends and outliers effectively.
- Build simplified reports in Power BI and present to the underwriters.
- Master the art of data management and Microsoft SQL.
- Take part in structured training conducted by senior employees with an extensive amount of knowledge in the industry to ultimately help successful candidates learn the fundamentals of insurance and analytics.
- Perfectly kickstart your career as a Graduate Assistant Underwriter – a profession now centred around the harnessing of data and analytics.
Year 2: The Wholesale Underwriting Team – Marine & Energy / Professional and Financial Risks & Cyber
Step into Underwriting. You’ll specialise with one of our market‑leading teams - Marine & Energy or Professional and Financial Risks & Cyber - and put that toolkit to work at the front line of Underwriting: triaging submissions, contributing to pricing, debating appetite, joining broker conversations and helping shape the book. The intention is that you remain in underwriting following the programme.
- Provide technical support to the underwriters including data management and administrative tasks.
- Learn how to assess, rate, quote and ultimately underwrite risks.
- Take part in a structured, in‑depth training programme designed to provide you with the knowledge, skills and behaviours in line with our ‘Underwriter of the Future’ career framework.
- Take part in secondments to other teams to broaden your skills and network.
- Build relationships with brokers and clients by attending events and networking opportunities.
- Collaborate and problem solve with departments such as Actuarial and Compliance.
- Study towards a credible Chartered Institute of Insurance Advanced Diploma (ACII) via a Level 6 Senior Insurance Professional Apprenticeship.
What’s in it for you
You’ll get support every step of the way – we know that starting out in a new role and industry can be daunting but Markel’s ego‑free environment gives you all the support that you need to go further and achieve great things. Your development doesn’t just stop after your programme. Markel are committed to you and your long‑term career - there are countless opportunities to learn new skills and develop in your career and we can provide the support needed to do just that!
A genuine culture of camaraderie - at Markel, our shared values aren’t buzzwords. We really mean what we say in the Markel Style, and walk the talk, every day. Enjoy your free coffee as you admire 360 degree views of London from our office on the 27th floor of the Walkie Talkie building! Be part of our growing early careers community – through 121 buddy support, socials and other events you will have every opportunity to network and build great relationships with your peers both inside and outside of Markel.
Competitive starting salary with an excellent package - including private medical insurance, financial education, hybrid work structure, gym discounts, cycle‑to‑work scheme, motor breakdown cover, income protection and additional countless benefits that will be shared at the first stage of the process!
Our must‑haves
- Markel are looking for candidates who are proactive and committed to making a meaningful difference everyday.
- Are collaborative, loves building relationships, brings out the best in others, making our culture the stuff of envy.
- Are organised individuals with the ability to prioritise tasks efficiently and flexibly.
- Can display clarity of thought, as well as strong attention to detail.
- Are resilient and analytical thinkers who are confident working with data whilst maintaining a high level of accuracy.
- Are proactive and self‑motivated individuals who possess an inquisitive nature and are able to take initiative.
- Possess excellent interpersonal skills and the ability to build relationships with a diverse range of internal stakeholders.
- Are always looking for ways to innovate and improve what we do.
- Have an ability to work well under pressure in a fast‑paced environment.
- Experience working with coding languages highly beneficial, although not essential.
- Have achieved or is on track for at least a 2:1 in any STEM degree discipline.
Are you ready to play your part? It only takes 30 seconds to register your interest in this role, and we’ll support you throughout the full application process.
Portfolio Analytics Graduate Programme in London employer: Markel International
Contact Detail:
Markel International Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Portfolio Analytics Graduate Programme in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy to reach out on LinkedIn. The more connections you make, the better your chances of landing that dream job.
✨Tip Number 2
Practice your interview skills! Mock interviews can be a game changer. Grab a mate or use online resources to simulate the real deal. This will help you feel more confident and articulate when it’s your turn to shine.
✨Tip Number 3
Show off your skills! Create a portfolio or a personal project that highlights your coding abilities and analytical skills. This is a great way to demonstrate your passion and expertise, especially for a role focused on data and analytics.
✨Tip Number 4
Apply through our website! It’s quick and easy, plus you’ll get all the latest updates about the programme. Don’t miss out on this fantastic opportunity to kickstart your career with Markel!
We think you need these skills to ace Portfolio Analytics Graduate Programme in London
Some tips for your application 🫡
Show Your Passion for Data: Make sure to highlight your enthusiasm for data and analytics in your application. We want to see how your STEM background fuels your curiosity about underwriting and how you can apply that knowledge practically.
Tailor Your CV and Cover Letter: Don’t just send a generic CV! Tailor it to reflect the skills and experiences that align with the Portfolio Analytics Graduate Programme. We love seeing candidates who take the time to connect their background to what we’re looking for.
Be Clear and Concise: When writing your application, clarity is key. We appreciate well-structured responses that get straight to the point. Avoid jargon unless it’s relevant, and make sure your passion shines through!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands, and we’re here to support you every step of the way!
How to prepare for a job interview at Markel International
✨Know Your Numbers
Since this role is all about data and analytics, make sure you brush up on your understanding of key metrics and pricing models. Be prepared to discuss how you would approach analysing data and translating it into actionable insights for underwriters.
✨Show Your Curiosity
Markel is looking for proactive candidates who are eager to learn. During the interview, express your curiosity about the insurance industry and ask insightful questions about their underwriting processes. This will demonstrate your genuine interest in the role.
✨Highlight Your Technical Skills
If you have experience with coding languages or data visualisation tools, make sure to mention it! Discuss any relevant projects or coursework that showcase your technical abilities, as these skills are crucial for success in the Portfolio Analytics Graduate Programme.
✨Be a Team Player
Collaboration is key at Markel. Share examples from your past experiences where you worked effectively in a team, especially in fast-paced environments. Highlight how you contributed to group success and how you can bring that collaborative spirit to their team.