Pricing Transformation Actuary
Listed on 2026-09-18
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Insurance
Actuary, Financial Analyst -
Finance & Banking
Actuary, Financial Analyst
Looking for an opportunity to combine pricing, analytics, technology and business engagement while helping shape the future of underwriting? We're seeking a Pricing Transformation Actuary to support the development and enhancement of pricing models across Markel International, working closely with underwriters and actuarial specialists to deliver innovative pricing solutions that drive better business decisions. What part will you play? 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 and seize opportunities, and 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 International Portfolio Analytics (IPA) team partners with underwriters across Markel International, bringing together expertise in Pricing Transformation, Portfolio Management, Catastrophe & Exposure Management, Data Analytics & Insights, and AI Enablement. We develop innovative pricing capabilities, data-driven solutions and technology that help strengthen underwriting decisions and business performance. Working closely with teams across Underwriting, IT, Change & Delivery and Analytics, we're driving the adoption of modern tools and platforms, including Hyperexponential (HX), to support Markel's future growth.
As a Pricing Transformation Actuary, you'll help develop, improve and sustain pricing models that support underwriting decisions across Markel International. Working alongside underwriters, actuarial colleagues and pricing change experts, you'll deliver practical solutions that improve performance and operational efficiency. This is a hands-on role offering exposure to pricing, analytics, technology and business engagement, with the opportunity to take increasing ownership of key models and transformation initiatives as your experience grows.
- Develop, deliver and maintain pricing frameworks that assist underwriting and portfolio decision making.
- Work closely with business partner actuaries and underwriting to understand pricing challenges and translate requirements into practical solutions.
- Take ownership for specific pricing models, model enhancements or components of the Pricing Transformation roadmap.
- Develop and improve pricing models on the Hyperexponential (HX) platform, supported by Excel, analytical tooling and appropriate technologies.
- Analyse pricing data and develop model analytics that evaluate model performance, identify areas for improvement and support calibration activities.
- Support calibration, testing, validation, documentation and ongoing enhancement of pricing models.
- Collaborate with Portfolio Management, DAI, the AI Centre of Enablement, Change & Delivery and IT to support integrated business solutions.
- Find opportunities to improve pricing capabilities, operational practices and underwriting outcomes through better use of data, analytics and technology.
- Use AI-enabled tools and modern ways of working to improve productivity, insight generation and delivery effectiveness.
- Provide knowledge sharing, best practice development and the support of graduates and junior colleagues where appropriate.
- Experience developing, enhancing or supporting pricing models, ideally in insurance pricing or a related analytical subject area.
- Strong analytical and problem‑solving skills, with the ability to work with pricing data and draw practical conclusions.
- Proficient in at least 1 coding language with transferable skills to pick up Python,…
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