At a Glance
- Tasks: Lead pricing strategies and collaborate with experts to drive impactful change.
- Company: Markel International, a forward-thinking and diverse workplace.
- Benefits: Flexible working, 25 days holiday, private medical cover, and professional development.
- Why this job: Make a real impact while reigniting your career in a supportive environment.
- Qualifications: Experience in pricing models and strong communication skills.
- Other info: Join a dynamic team that values creativity and offers excellent growth opportunities.
The predicted salary is between 36000 - 60000 ÂŁ per year.
Ready to reignite your career and make a real impact? 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 Team
The 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
What You’ll Do
- 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.
Your Key Responsibilities
- 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.
What We’re Looking For
- 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.
Why Join Us?
- 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.
What’s in it for you?
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
Are you ready to play your part? Choose “Apply Now” to fill out our short application, so that we can find out more about you.
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
Contact Detail:
Markel 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 former colleagues, industry contacts, or even join relevant online groups. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their pricing strategies and be ready to discuss how your experience aligns with their goals. This shows you're genuinely interested and can make a real impact.
✨Tip Number 3
Practice your pitch! Be clear about what you bring to the table and how you can contribute to the team. A confident, concise introduction can set the tone for a great conversation.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email reiterating your interest and highlighting a key point from your chat can keep you top of mind. Plus, it shows your enthusiasm for the role!
We think you need these skills to ace Career Returner - Pricing Optimisation Lead
Some tips for your application 🫡
Be Yourself: When you're filling out your application, let your personality shine through! We want to see the real you and how your unique experiences can contribute to our team.
Tailor Your Application: Make sure to customise your application to highlight your relevant skills and experiences. Show us how your background aligns with the role of Pricing Optimisation Lead and what you can bring to the table.
Showcase Your Achievements: Don’t be shy about sharing your successes! Whether it’s a project you led or a challenge you overcame, we love to hear about how you've made an impact in your previous roles.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. It’s quick and easy, and it helps us keep track of your application better!
How to prepare for a job interview at Markel
✨Know Your Pricing Models
Make sure you brush up on your knowledge of pricing models, especially if you've had a break from the field. Be ready to discuss how you've approached model development and calibration in the past, and think about any innovative solutions you've implemented.
✨Showcase Your Collaboration Skills
This role involves working closely with senior stakeholders and various teams. Prepare examples of how you've successfully collaborated in previous roles, particularly in driving decision-making or facilitating workshops. Highlight your ability to communicate complex concepts clearly.
✨Emphasise Continuous Improvement
Demonstrate your commitment to continuous improvement by sharing specific instances where you've contributed to enhancing processes or methodologies. Think about how you can bring fresh perspectives to the team and support the development of junior members.
✨Be Ready to Discuss Data Tools
Familiarity with coding or data analysis tools like Python, SQL, or Power BI is a plus. If you're not an expert, that's okay! Just be honest about your experience and express your eagerness to learn and adapt to new tools that can enhance your work.