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- Tasks: Lead innovative pricing transformation initiatives and collaborate with diverse teams.
- Company: Join Markel, a Fortune 500 company focused on creativity and empowerment.
- Benefits: Competitive salary, annual bonus, strong benefits, and 25 days paid holiday.
- Why this job: Make a meaningful impact in the insurance industry and shape the future of pricing.
- Qualifications: Strong technical pricing skills and experience in leading transformation initiatives.
- Other info: Opportunities for career development and flexible working patterns available.
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.
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.
What’s in it for you:
- 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.
- Countless opportunities to learn new skills and develop in your career!
Are you ready to play your part? 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
Contact Detail:
Markel 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
Show off your skills! If you've got experience with Excel and Python, make sure to highlight that in conversations. Bring examples of how you've driven change or solved complex problems in previous roles.
✨Tip Number 3
Be ready to discuss your transformation initiatives. Prepare some stories about how you've led projects or mentored others. This will show you're not just a technical whiz but also a great team player.
✨Tip Number 4
Apply through our website! It’s quick and easy, and it helps us get to know you better. Plus, it shows you're serious about joining our awesome team at Markel.
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 Leadership Skills: Since this is a senior leadership role, it’s crucial to demonstrate your ability to lead teams and drive change. Share examples of how you've mentored others or led successful projects in your previous roles – we love to see that!
Be Clear and Concise: When writing your application, keep it straightforward and to the point. Use clear language to explain your experiences and how they relate to the job. We appreciate a well-structured application that’s easy to read!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just click ‘Apply Now’ and follow the prompts!
How to prepare for a job interview at Markel
✨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 Leadership Skills
Prepare examples of how you've successfully led transformation initiatives in complex environments. Be ready to discuss your experience in mentoring junior talent and how you've built credibility with stakeholders. This will highlight your ability to influence and drive change across functions.
✨Engage with Stakeholders
Think about how you can effectively communicate and engage with various stakeholders. Prepare to discuss strategies you've used to build trust and influence decision-making. This is crucial for a role that requires collaboration across disciplines like actuarial, underwriting, and development.
✨Be a Strategic Thinker
Demonstrate your strategic thinking abilities by discussing how you've identified operational bottlenecks and designed scalable solutions. Show that you have a bias for action and practical delivery, which aligns with the company's focus on innovation and transformation.
