Senior Underwriting Risk Analyst

Are you looking for a career where you can make a real impact?

At Markel, we believe what we do matters. Insurance is more than a policy; it's a promise that enables individuals and businesses to move forward with confidence. We are proud of our people-first culture, our entrepreneurial approach, and our commitment to finding solutions to complex risks.

As we continue to grow, we are looking for an Underwriting Risk Analyst to join our Underwriting Strategy & Performance (USP) team. This is an exciting opportunity to work at the centre of underwriting decision-making, helping shape risk appetite, identify emerging exposures, and support profitable portfolio growth across Markel International.

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 opportunity:

The Underwriting Strategy & Performance (USP) team exists to enable profitable underwriting by supporting strong decision-making, portfolio optimisation and effective governance. We work in partnership with underwriting teams and business leaders to provide insight, challenge and oversight.

Our team brings together expertise across underwriting performance, underwriting risk, technical underwriting, wordings, reinsurance and underwriting oversight.

The Underwriting Risk Analyst will support the development, monitoring and management of underwriting risk across Markel International. Working closely with underwriting, actuarial, exposure management, reinsurance and enterprise risk teams, you will provide insight and analysis that helps the business understand and manage volatility, accumulation risk and emerging threats.

This role offers a unique opportunity to gain exposure to a broad range of insurance classes and strategic underwriting decisions while contributing to the continued development of Markel's underwriting risk framework.

What you’ll be doing :

Support the Head of Underwriting Risk and the International CUO develop and own the company’s appetite for volatility around the business plan combined ratio.

Provide analysis and reporting to help identify sources of such volatility, including natural and non-natural perils and emerging risks.

Monitor portfolio trends and risk indicators, highlighting areas requiring management attention and support live event response reporting.

Develop scenarios, stress tests and risk assessments to support underwriting decision-making.

Prepare analysis and materials for the Underwriting Risk Group and related governance forums.

Work collaboratively with Exposure Management, Actuarial, Risk Management, Reinsurance and Underwriting  aware of, and provide analysis on, the specific and systemic risks to Markel International's product portfolio including the impact of external political, economic, social and technological trends that may affect levels of risk.

Promote a culture of risk awareness and transparent reporting across underwriting divisions.

Continuously improve Markel’s best practices in underwriting risk management, using developments both within and outside the insurance industry

Our must-haves:

We are looking for someone who is curious, analytical and passionate about understanding risk.

Strong analytical, problem-solving and organisational skills.

The ability to work independently on complex analysis while managing multiple priorities.

Excellent communication and stakeholder…