Manager, Global Risk Management Job at Markel Corporation
What we look for
Our exceptional and motivated employees are our greatest strength. Our employees provide the highest level of customer service and help maintain our position as a leader in the global marketplace.
Our exceptional and motivated employees are our greatest strength. Our employees provide the highest level of customer service and help maintain our position as a leader in the global marketplace.
Markel Style
The Markel Style is what makes us stand out from our competitors. It's our core value which should underpin how we do business, while influencing our behavior and performance. We are looking for people who have potential and share our passion to live the Markel Style, which is described in more detail below.
If you think you have these core attributes we want to hear from you.
Job Summary:
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 Manager, 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 Manager, Global Risk Management will have a key role in leading such initiatives.
The Manager, Global Risk Management will:
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Lead Enterprise Risk Management regulatory related reporting responsibilities including the Own Risk & Solvency Assessment (ORSA) and Commercial Insurer’s Solvency Self Assessment (CISSA) reporting processes.
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Lead risk analysis and deep dives using quantitative data and qualitative information, setting the results into appropriate context, supporting better decision making.
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Be an integral part of the quarterly risk management process (including supporting and running risk owner meetings).
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Oversee work by junior members of the Global Risk Management team and provide support as needed.
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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.
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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.
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Represent ERM at cross-functional committee and working group meetings and share knowledge from meetings with the rest of the ERM team.
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.
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.
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.
Please note: Markel's phased approach for re-entry into our buildings is designed to balance the ongoing health, safety, and well-being of our employees with operational considerations and regulatory/governmental requirements and recommendations. As a result, we implemented a hybrid return to work strategy that allows for three days in the office every week.
“Why work for us?”
Diversity and inclusion
Markel is truly a global and diverse company. We believe that diversity makes us better business partners and that embracing people’s differences can bring amazing results and fuel innovation. We have a portfolio of businesses and product lines that operate around the world.
Markel is truly a global and diverse company. We believe that diversity makes us better business partners and that embracing people’s differences can bring amazing results and fuel innovation. We have a portfolio of businesses and product lines that operate around the world.
Community involvement
Markel has a rich heritage of supporting communities across the world where our customers and employees live and work. Giving back is part of our history and our future. Our employees share in this philosophy through volunteering, mentoring and fundraising.
Markel has a rich heritage of supporting communities across the world where our customers and employees live and work. Giving back is part of our history and our future. Our employees share in this philosophy through volunteering, mentoring and fundraising.
Commitment to open doors
Markel is committed to creating the best work environment. Our open-door policy is essential in recognizing business issues as they rise and to address the changing needs of our diverse and global workforce. Challenging management is a component of the Markel Style—some of our best ideas start from a conversation between a manager and an employee.
Entrepreneurial spirit
As the Markel Style states, we pursue excellence, strive for a better way, and share the success of others. Markel associates proactively seek new business opportunities, bringing further success to Markel.
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