The primary function of this position is to lead and represent analytics across the Canadian operation. Responsibilities include integrating segmentation into underwriting, discovering new methods and data for performance analysis, and advancing the use of Machine Learning and other data science techniques. This will be with the support of local Operations and the wider International Portfolio Analytics team. Meet Markel: At Markel, we believe that what we do really matters. And that every one of us has the power to make a difference. To us, insurance is more than a piece of paper. It’s a promise to help people get back on their feet. It’s a commitment that gives people the courage to take chances. And in uncertain times, it’s the fuel that moves the world forward. Since the very start, we’ve used our ingenuity to insure risks that others can’t. Finding smart solutions to complex problems, so people can live their lives and seize opportunities. Our style is about focussing on people’s needs, not just words on a page. It’s about building relationships and connecting as humans. And ultimately, it’s about being there for people when they need us most. In our eyes, our journey is just beginning. Together, we’re building a business that supports more people, in more places. But unlike our peers, we’ll never lose our people-first focus as we grow. Because you will always be what makes Markel special. And what continues to power this business forward. Markel Group (NYSE – MKL) is 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. Find out more by visiting our websites: www.markel.ca www.markelinternational.com About the team: This role will work as part of both Markel’s onshore team in Canada as well as the International Portfolio Analytics team headquartered in London. Markel operates throughout Canada from its hub in Toronto and from offices in Vancouver and Montreal. Our teams operate as part of Markel’s National Markets division, working together towards our goal to be one of the world’s best speciality insurers. We work collaboratively both within National Markets and across the wider Markel organization in London and the US, and because we work as one, we are able to create the best solutions possible for our clients, and provide exceptional development opportunities for our staff. The International Portfolio Analytics team is a multi-functional empowered, creative and autonomous team working across the entirety of Markel International. It is embedded throughout the underwriting business and is represented within the Wholesale and National Markets Underwriting Leadership teams. Its focus is on the areas that are critical to achieve profitability and performance targets for a specialty lines insurer: Portfolio Management, Advanced Analytics, Data & Insights and market leading Pricing Model deployment. The opportunity: The primary function of this position is to lead and represent analytics across the Canadian operation. Responsibilities include integrating segmentation into underwriting, discovering new methods and data for performance analysis, and advancing the use of Machine Learning and other data science techniques. This will be with the support of local Operations and the wider International Portfolio Analytics team. Key stakeholders will be the Canadian Leadership Team, Product Line Leaders, Field Underwriters, Underwriting, Finance including the Planning and Analysis team and the Actuarial function. The role will provide support to the following underwriting functions within Markel Canada: Cyber writes many differing types of business and industry areas for cyber coverage. Environmental Casualty Products including Excess and Umbrella Sectors Digital Property Professional and Financial Risks (PFR) underwrites and covers traditional and emerging professional indemnity, management liability, financial institutions as well as specialist risk areas such as patents and libel & slander. What we ask of you: Provide support for the implementation of active portfolio and data management across Canada. The Product Line Leaders’ (PLLs), Field Leaders and underwriters remain accountable for portfolio management and ultimately profitability within their teams. This role will be responsible for making appropriate recommendations and improvements to ensure the PLLs and Field staff are equipped to actively portfolio manage their divisions. Actively monitor the key drivers of performance and support PLL’s and Field staff in improving performance and driving remedial actions where necessary. This will include both the open market and delegated business. Supporting and participating in the coordination of the quarterly business planning process, with active monitoring of performance against plan throughout the year. Set up standardised Quarterly Business Reviews (QBRs) and ensure they are aligned with the business planning process and impact portfolio steering. Lead and oversee the development strategic and predictive analytics, tools and insights to optimise portfolios and enable smarter underwriting decisions. Be an advocate for the use of data, data science and automation to support decision making. Oversight of regional Data & Analytics Team, improving data discipline within the region through efficient and strategic approach to data capture, integrity and quality. Incorporate the use of external data where appropriate. Ensure alignment with overall Portfolio Analytics team strategy, services and other Markel shared services. Priority setting for pricing initiatives and rating. Maturing the use of raters and automated rating. Assist in the parameterisation and monitoring of rating models. Support MERM rating where required. Collaborate by sharing knowledge and experience within the team, as well as working with other Support Units which include but are not limited to: actuarial, PLL’s, Field Leaders, Finance, ITS, delegated and underwriting support services to resolve issues and support the achievement of Canadian and International Portfolio Analytics business priorities. Represent the Portfolio Analytics team, as appropriate, providing accurate and timely management information to leadership and meetings as required Priority setting for pricing initiatives and rating. Maturing the use of raters and automated rating. Assist in the parameterisation and monitoring of rating models. Support MERM rating where required. Foster a culture of business-driven experimentation with the goal of value identification and attainment. Supporting, participating and designing improved Financial growth models and actuals vs planned. What you will bring to the role: Possess a strong commercial lines technical actuarial skillset, with the ability to independently problem solve and put forward underwriting strategy recommendations. Have an understanding of the Regional products, classes of business and operations of the specialty insurance market. Experience with using and applying predictive analytics and Machine Learning models in Property & Casualty insurance. Excellent communication and data visualisation skills for sharing management information across all levels at Markel. Proven ability to influence and engage stakeholders, ensuring consensus through effective communication. Skilled in clearly articulating complex strategies and ideas to senior leadership and underwriters across various product lines. Have a proven track record to successfully lead and deliver to agreed timelines projects and initiatives that require involvement from business leaders across the company. Possess a detailed solid understanding of the Microsoft office suite, with a focus on Excel and become comfortable with manipulating and analysing large, complex sets of data. Experience with data visualisation programmes, database use (SQL) and an awareness of advanced analytics/data science (Python/R) would be desirable but not essential. Our values: We’re all about people: Empowering them, supporting them, and helping protect what matters most to them We put people first, and stay true to our word, because we believe in the power of relationships and doing what’s right We win together: We work as a team, exchanging ideas, supporting each other, and respecting everyone’s opinion Because together we know we can achieve great things We strive for better: We aspire to lead and win in all that we do Aiming for excellence, and finding a better way of doing things, is up to us all We enjoy the everyday: We are dedicated to our work, but we always keep a sense of humor and leave our egos at the door We think further: We are committed to building a legacy and making decisions that leave a lasting impact on our customers, partners, employees, and communities. 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 supportive of candidates looking for flexible working patterns. For application information please visit our careers page. We are a Disability Confident Committed employer which means we want to ensure that you have a positive experience applying for a role at Markel and are able to perform at your best. If there are any adjustments, we can reasonably make to ensure that the process is accessible for you at every stage please contact us. #LI-Hybrid
