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Sr. Analyst/Lead, Enterprise Risk Management

5 months ago

Richmond, United States Markel Full time
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

Enterprise Risk Management ("ERM") is a global function, that works alongside the business in tracking and reporting on Markel's risk profile. The function services the Insurance, Investment, Ventures and Holding Company activities in risk identification and monitoring and provides risk reporting to the Group Risk Management Committee and Board on behalf of Markel. The Risk Management Lead, Global Risk Management role offers exposure to a wide range of areas of the business and regular interactions with Senior Executives. The ERM function is currently working on a number of initiatives to enhance the risk framework and the ways of working with the business. The Risk Management Lead, Global Risk Management will have a key role in leading such initiatives.

Duties and accountabilities
  • Lead risk analysis and deep dives using quantitative data and qualitative information, setting the results into appropriate context, supporting better decision making.
  • Be an integral part of the quarterly risk management process (including supporting and running risk owner meetings).
  • Manage the regular process for assessment, analysis and reporting of various areas of Risk across the Corporation - including timely delivery from stakeholders, and verify information provided
  • Manage stakeholder relationships on a day-to-day basis. Advocate for the function and promote awareness across the organization. Viewed as a "go-to" subject matter expert for designated risks
  • Lead various projects to analyse areas of risk and propose practical, pragmatic and cost effective solutions
  • Guide work by junior members of the Global Risk Management team and provide support as needed.
  • Use knowledge from stakeholder interactions to proactively suggest potential risk responses to the rest of the team. Partner with collaborators to facilitate implementation of appropriate risk actions.
  • Support regulatory and rating agency ERM related requirements, as appropriate.
  • Support and enhance our ERM function, demonstrating technological solutions to bring efficiencies, review and challenge to how the risk framework operates and make suggestions for improvement.
  • Represent ERM at cross-functional committee and working group meetings and share knowledge from meetings with the rest of the ERM team. Support raising the profile of the function across the Company through presentations and production of materials
Skills, knowledge and experience

The successful candidate will:
  • Have experience in writing reports and communicating technical information confidently in a way that is easy to understand, digest and apply.
  • Analyse data and information and draw conclusions
  • Have a good grounding in insurance business models/ underwriting products and technical risk knowledge.
  • Bring together general business knowledge and technical risk knowledge to support thematic/ business specific threat and opportunity assessments.
  • Work collaboratively with and influence stakeholders at varying levels of seniority across the business.
  • Be able to communicate well with the ERM team and document own work thoroughly.
  • Be able to understand new or unfamiliar topics by asking well-targeted questions and identify and relay key risk factors.
  • Have strong organisational and time leadership skills.
  • High School Diploma or equivalent
  • 1-2 years of direct experience
Who we are:

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.

We're all about people | We win together | We strive for better

We enjoy the everyday | We think further

What's in it for you:

In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.
  • We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees' needs at all stages of life.
  • All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance. We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.
  • Markel offers hybrid working schedules of 3 days in the office and 2 days remote.
Are you ready to play your part?

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

The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors.

Caution: Employment scams

Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters and frequently ask for confidential personal information.

Therefore, for your safety, please note that:
  • All legitimate job postings with Markel will be posted on No other URL should be trusted for job Markel Group Careers.
  • All legitimate communications with Markel recruiters will come from Markel.com email addresses.


Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law.