Portfolio Solutions - Pricing Lead

Who we are:

Business Unit overview:

The Structured Portfolio Solutions (SPS) team sits within Markel’s Specialty underwriting division and focuses on building and managing portfolio‑based underwriting solutions across multiple lines of business. SPS works closely with brokers and strategic partners to develop scalable, data‑driven structures that support profitable growth and effective portfolio management.

Part of 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.

What you’ll be doing:

• Price new and existing SPS portfolio‑level deals, including complex cross‑class structures.
• Assess and iterate pricing assumptions as deal structures evolve (e.g. limits, classes, territories).
• Monitor portfolio performance against original pricing and underwriting assumptions.
• Track premium mix, utilisation, exposure and concentration against plan.
• Identify emerging risks, blind spots and areas of over‑ or under‑exposure by line of business or geography.
• Support reserving and reinsurance analysis for SPS portfolios.
• Define requirements for portfolio monitoring tools and dashboards, including key metrics and outputs.
• Work in partnership with IPA colleagues to deliver analytical tools and MI.
• Engage directly with brokers and partners on deal structure, assumptions and portfolio performance.
• Contribute to SPS strategic discussions, supporting profitable portfolio growth and scalability.

Key Skills:

• Strong actuarial or pricing experience within a portfolio, specialty or wholesale insurance environment.
• Proven ability to analyse and interpret portfolio performance, exposure and concentration data to support underwriting and commercial decision-making.
• Strong commercial understanding of underwriting strategy, portfolio management and profitable growth.
• Confidence in engaging with brokers, partners and internal stakeholders on deal structures, assumptions and portfolio performance.
• Ability to translate complex analytics into clear, actionable insight for underwriters, senior leadership and other non-technical stakeholders.
• Excellent written, verbal and presentation skills, with the ability to influence stakeholders and build alignment across teams.
• Demonstrated ability to lead projects and initiatives, delivering high-quality outcomes to agreed timelines.
• Strong technical capability in Excel and Microsoft Office, with experience handling and analysing large, complex datasets.
• Experience with SQL, data visualisation tools or advanced analytics techniques would be advantageous.

What’s in it for you?

• A great starting salary plus annual bonus & strong benefits package…
• Up to 16% company pension scheme,
• Private medical and dental cover, Menopause plan, emergency care benefit (children/Pets/dependants)
• Income protection, Life assurance, electric car scheme, travel insurance
• 25 days paid holiday plus Bank Holidays, with the opportunity to buy/sell extra leave
• As well as other great benefits on offer there are countless opportunities to learn new skills and develop in your career!

Are you ready to play your part?

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, reach their full potential and seize opportunities. You’ll find your fit amongst our diverse global community of optimists and problem-solvers. We’re always pushing each other to think further because we believe that when we strive for better and realise our potential, we can help others reach theirs.

Join us and play your part in something special!

Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you.

At Markel we are all about the people, celebrating 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 will ensure that individuals are provided with any 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 [email protected] or call us at 0161 507 5827 to request any accommodations or adjustments that may be needed, including alternative formats of documents or information on how to apply offline.

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