Product Analyst

Markel Personal Lines, a division of Markel Corporation focused on providing personal lines insurance is searching for a Product Analyst. We specialize in motorcycle, watercraft, property, event, cyclist and other unique insurance products. We pride ourselves in our business philosophy of Common Sense or "No Nonsense". We do not believe in gimmicks, jargon or jingles, but instead focus on providing smart and practical products. We provide exceptional customer service through our easy processes, honest communications and employee expertise.

The position supports the Product Management department within Markel Personal Lines. This person will work closely with the Product Management staff to develop appropriate pricing and product strategies of low to moderate complexity to support business goals. This position is intended as an introduction to product management and will provide for ample training opportunities related to managing top and bottom line financials. This is a great opportunity that is flexible with the level of experience an individual has. This person could be looking for an entry level position into the insurance industry, like a recent or upcoming college graduate, or an individual that has relevant work experience.

Key Responsibilities:

• Provides support to the Product Managers in their management of profitability and loss related to associated lines of business

• Performs qualitative and quantitative analysis of data to support development of rating plans, pricing and product development

• Performs basic to moderately complex analysis of rating plans and product pricing

• Performs competitive analysis to include rates/forms/underwriting guideline analysis as well as macro-economic research (retail sales, consumer confidence, etc.)

• Performs and evaluates basic trend analysis (e.g., competitor analysis, risk management, financial)

• Creates, reviews and makes observations of operational and financial metrics

• Actively participates in business review meetings within the department

• With minimal direction plans, implements, manages, and/or contributes on projects that are up to moderate complexity and are small-to moderate scale using accepted project management standards

• Tracks own plan performance and project timeline and communicates and presents project status

• Ensures project controls are in place throughout the lifecycle of the project within own tasks

• Solicits inputs from stakeholders

• Participates in the evaluation of procedures and processes regularly and makes observations or suggests improvements

• Contributes to market share growth and profitability by recommending changes to products, pricing, risk management

Desired Skills & Experience:

• Bachelor's degree required - preferably in related field of study such as risk management, actuarial science, math/applied math, statistics/applied statistics, economics, finance

• Standard knowledge in the use of data sources and applications to conduct research preferred

• Problem solving skills to be able to analyze data and review analysis from others and identify and resolve basic data issues

• Computer proficiency in Microsoft Office: Intermediate

• Excel, Intermediate

• Word, Beginner

• Outlook, Basic

• PowerPoint

Markel offers associates exceptional benefits including immediate health and dental benefits, paid vacation and holidays, a 401k match, profit sharing, onsite fitness center and the ability to earn a potential bonus!

If you believe in our "Common Sense" philosophy and would like to work on a dynamic team to provide exceptional customer service, Markel Personal Lines is the place for you!

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 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.