Portfolio Management Lead

Job Description

Director, Portfolio Management Lead | Markel

The Tone:
This is a full-time role at Markel, located in Richmond, VA; New York, NY; San Diego, CA; Scottsdale, AZ; San Francisco, CA; Chicago, IL; Alpharetta, GA. Markel provides insurance, reinsurance, specialist advisory, and investment operations, giving people the confidence to move forward and seize opportunities. This role is crucial for driving value from data, delivering sharp insights to support underwriting and claims, and empowering Markel’s strategic ambitions through advanced analytics and portfolio management. The work aims to help people get back on their feet and fuel the world forward by finding smart solutions to complex problems.

The TL;DR
• Role: Full Time
• Type: Full-time
• Location: Hybrid, Richmond, VA; New York, NY; San Diego, CA; Scottsdale, AZ; San Francisco, CA; Chicago, IL; Alpharetta, GA
• Pay: $158720–$218240 yearly
• Team: Portfolio Analytics team, with a dotted-line reporting relationship to Regional Presidents.
• Mission: To serve as a critical bridge between the Portfolio Analytics team and customers, driving strategic implementation of active portfolio management and delivering insights to optimize portfolio performance.

What You’ll Actually Do
• Strategy Implementation: Drive the strategic implementation of active portfolio management at the Regional & Product level across Markel US Wholesale & Specialty.
• Underwriting Enablement: Make appropriate recommendations and enhancements to ensure relevant stakeholders are equipped to actively manage their portfolios and drive remedial actions.
• Analytical Model Evaluation: Identify, scope, and evaluate the ROI of high‑impact analytical models and solutions, partnering with the team to build and prioritize an analytics project pipeline.
• Analytics Adoption: Drive underwriting engagement during the development, implementation, and adoption of strategic and predictive analytics to optimize portfolio performance.
• Cross-functional Collaboration: Collaborate with actuarial to ensure underwriting actions are quantified and understood in their reserving and pricing work.

The Must-Haves
• Background: Bachelor’s degree in Actuarial Science, Statistics, Data Science, Economics, Mathematics, Information Systems, Risk Management or related field, with core domain knowledge in analytics, pricing, underwriting, or portfolio management within US Commercial/Specialty lines.
• Experience: 8–15+ years in analytics, pricing, underwriting, or portfolio management within US Commercial/Specialty lines, with leadership or multi-region experience valued.
• Skills: Advanced ability to manipulate and analyze large, complex datasets; strong understanding of actuarial principles; exceptional communication skills; and excellent understanding of insurance data, particularly Commercial and Specialty insurance in the US and Bermuda markets.
• Bonus: Advanced degree preferred; pricing actuarial experience at a Commercial or Specialty Insurer; experience working within a business unit or underwriting function; certifications such as ACAS/FCAS, CPCU, ASA, PMP/PMI-ACP.