Leeds | Hybrid Working (3 Days Office / 2 Days Home)
Salary: Great salary + 25% Annual Bonus
Build a Function. Shape Strategy. Drive Growth!
At Markel, we're investing in the future of portfolio management, pricing and underwriting excellence. As part of this journey, we're seeking an experienced Portfolio Manager to join our newly established Portfolio Management & Pricing team and play a pivotal role in helping shape the future direction of our UK business.
This is a rare opportunity to join a function at the beginning of its journey. You'll work alongside Alice Barnett, helping build new analytical capabilities, influence underwriting strategy and create the portfolio management frameworks that will support Markel's ambitious growth plans.
Unlike many traditional actuarial roles, this position sits at the heart of the business.
You'll work directly with Underwriters, Distribution Leaders and Executive Stakeholders, translating complex data into actionable commercial decisions that improve portfolio performance and profitability.
What You'll Be Doing:
As the second-in-command within the Portfolio Management function, you'll:
- Lead pricing model calibration and portfolio analysis across multiple product lines.
- Deliver strategic insights that influence underwriting and growth decisions.
- Analyse portfolio performance, identify trends and recommend actions to improve profitability.
- Support pricing of new products, schemes and delegated authority business.
- Partner closely with Underwriters to understand performance drivers and opportunities.
- Develop dashboards, MI and analytical tools that support business decision-making.
- Contribute to Quarterly Business Reviews and portfolio strategy discussions.
- Help build and develop a growing portfolio management capability within Markel UK.
What We're Looking For:
We're looking for an individual who combines strong technical expertise with commercial thinking and exceptional stakeholder management skills.
You will ideally have:
- Qualified Actuary status.
- Significant experience within insurance pricing and portfolio management.
- Proven experience calibrating and developing pricing models.
- Strong analytical and data manipulation skills.
- Experience using SQL, Databricks, Python or similar coding tools.
- The ability to work autonomously and take ownership of complex projects.
- Outstanding communication and influencing skills.
- Experience translating technical insights into business recommendations.
- Commercial lines experience is preferred, although we are open to considering candidates from personal lines backgrounds who can demonstrate strong pricing expertise and a commercial mindset.
Why Join This Team?
This is more than a Portfolio Manager role. It's an opportunity to:
- Build a brand-new function from the ground up.
- Introduce your own ideas, processes and ways of working.
- Work at the forefront of portfolio management, analytics and AI-driven decision making.
- Gain significant visibility with senior leadership.
- Influence the future growth strategy of the UK business.
- Work in a highly collaborative and commercially focused environment.
Why Markel?
Markel is a specialist insurer with a reputation for expertise, innovation and long-term partnerships. As part of a Fortune 500 organisation, we combine global strength with a people-first culture where individuals are empowered to make a meaningful impact.
If you're looking for a role where you can shape strategy, influence decision-making and help build something genuinely exciting, we'd love to hear from you.
Ready to Make an Impact?
Markel celebrates 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 are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.
We will ensure that individuals with disabilities are provided with all 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 that may be needed. This includes any alternative formats of any documents or information on how to apply offline.
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