Director/Sr. Director, Actuarial, State National

What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. Because, at Markel, the work you do gives people the confidence to move forward and seize opportunities. Whether you're wild about horses, bananas for boats or driven by data, you'll find your fit amongst our global community of optimists and problem-solvers. We're always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs.

Join us and play your part in something special!

The Director of Actuarial Services will lead the analysis on State National's book of business to develop and analyze ultimate loss ratios. The Director of Actuarial Services will serve as the primary contributor for defining a vision and implementing an actuarial function that utilizes best practices. This role will work closely with State National Executives and will lead quantitative analysis in support of decisions regarding risk evaluation, particularly the adequacy of reinsurance coverage relative to gross risk. Additionally, the role involves serving as a conduit between SNC and Markel (parent organization) through the Actuarial function. The work product of the Actuarial Director will be utilized in a number of business processes by both internal and external constituencies.

Job Responsibilities

• Manage the actuarial functions for the company

• Manage all actuarial staff and development

• Manage external actuarial resources, as necessary

• Manage internal risks appropriately and ensure sufficient coverage over actuarial functions

• Responsibility for audit compliance of the actuarial functions

• Drive process improvement by the development and maintenance of actuarial best practices

• Direct the prioritization of projects and requirements among competing business interests

• Evaluate books of business to project ultimate loss levels and estimate reserves

• Present modeling results to Credit Committee to assist in analyzing potential tail risk to SNC

• Develop and deliver modeling and exposure measures

• Examine reinsurance programs

• Complete trend and loss ratio analyses

• Communicate results of analyses with Executive Management and provide actuarial advice and counsel

• Monitor performance of both the fronted business and the collateral protection insurance business

• Design, develop and enhance complex actuarial models

• Manage regulatory reporting requirements

• Complete ad hoc actuarial analyses that are of an advanced nature

• Support Business Development team in the analysis of new programs opportunities

Education

• Bachelor's degree in Mathematics, Finance, Actuarial Sciences, Business or similar specialized field

Certification

• ACAS or FCAS designation required

Work Experience/Skill Set

• Minimum of 10 years of Actuary experience

• 7 + years of demonstrated leadership in complex/matrix environments

• Commercial insurance experience strongly preferred with reinsurance experience a plus

• Experience doing advanced analysis with limited data and supplementing with industry data

• SQL and R programming experience a plus

• Capable and comfortable handling executive level communications

• Ability to influence and build relationships across the enterprise

• Team player with analytical, quantitative and leadership abilities

• Proven ability to manage projects that require advance knowledge of actuarial methods and process implementation/improvements.

• Ability to manage ad hoc requests that have tight timelines while continuing to make progress on long-term projects

• Highly flexible with the ability to shift focus quickly from one project to another while maintaining accuracy

• Outstanding oral, written communication and interpersonal skills and excellent presentation skills

• Aptitude to lead and develop actuarial team members

• Must be located in proximity of the Bedford, TX office

Who we are:

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.

We're all about people | We win together | We strive for better

We enjoy the everyday | We think further

What's in it for you:

In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.

• We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees' needs at all stages of life.

• All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.

• We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.

• Markel offers hybrid working schedules of 3 days in the office and 2 days remote.

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.

The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors.

Caution: Employment scams:

Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters and frequently ask for confidential personal information.

Therefore, for your safety, please note that:

• All legitimate job postings with Markel will be posted on No other URL should be trusted for job Markel Group Careers.

• All legitimate communications with Markel recruiters will come from Markel.com email addresses.

We would also ask that you please report any job employment scams related to Markel to rarecruiting@markel.com.

Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.

Should you require any accommodation through the application process, please send an e-mail to the rarecruiting@markel.com.

NO AGENCIES PLEASE