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Markel

Director/ Sr. Director, Product

Posted 9 Days Ago
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In-Office
9 Locations
137K-188K Annually
Senior level
In-Office
9 Locations
137K-188K Annually
Senior level
Lead strategic, analytical, and operational management of the Workers Compensation product portfolio. Drive portfolio profitability, pricing strategy, underwriting guidelines, automation, and growth initiatives. Partner with underwriting, actuarial, claims, distribution, operations, and technology. Mentor product management talent and ensure alignment with risk culture and long-term financial objectives.
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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! The Director/Senior Director, Workers Compensation Product Management is a senior leadership role responsible for the strategic, analytical, and operational management of Markel’s Workers Compensation product portfolio within the Workers Compensation & Small Commercial Business Unit. This role serves as a critical partner to underwriting, actuarial, distribution, claims, operations, and technology teams, with accountability for portfolio profitability, product strategy, underwriting discipline, and scalable growth.
The Director/Senior Director will lead efforts to optimize portfolio performance, expand and refine underwriting appetite, strengthen pricing and underwriting tools, enhance automation, and identify both organic and inorganic growth opportunities—while ensuring alignment with Markel’s risk culture and long term financial objectives.

Key Responsibilities

Portfolio & Performance Management

  • Maintain overall responsibility for Workers Compensation portfolio performance, ensuring sustainable profitability and growth.
  • Translate portfolio insights into actionable underwriting, pricing, and appetite decisions.

Pricing, Rate Indications & Filings

  • Partner closely with Actuarial to develop rating strategies.
  • Lead the development and enhancement of pricing models, decision-support tools, and analytical frameworks for underwriting teams.

Underwriting Guidelines & Authority

  • Own and regularly refine Workers Compensation underwriting guidelines, authority, and referral thresholds.
  • Provide oversight of delegated underwriting authority.
  • Ensure strong controls, performance monitoring, and alignment with Markel standards.

Underwriting Training & Quality Assurance

  • Provide regular training in partnership with underwriting leadership.
  • Identify trends, control gaps, and improvement opportunities via the Business Quality Review (BQR) process; partner with underwriting and operations to address findings.

Growth Strategy & Expansion Initiatives

  • Identify and evaluate inorganic growth opportunities, including acquisitions, program partnerships, and new distribution models.
  • Review and support large account expansion opportunities and strategic deals.
  • Assess market needs, competitive dynamics, regulatory considerations, and operational feasibility.

Leadership & Collaboration

  • Serve as a trusted strategic advisor to underwriting, actuarial, claims, distribution, operations, and technology leaders.
  • Lead, mentor, and develop product management talent, fostering a culture of accountability, curiosity, and continuous improvement.

Qualifications & Experience

  • Bachelor’s degree required; advanced degree (MBA, MS, or equivalent) preferred.
  • 10+ years of experience in Workers Compensation insurance, with deep exposure to underwriting, product management, pricing, or actuarial disciplines.
  • Demonstrated success managing complex insurance portfolios and driving profitability.
  • Strong analytical skills with the ability to translate data into strategic decisions.
  • Proven leadership experience in cross‑functional, matrixed environments.
  • Excellent communication skills with the ability to engage senior leaders and technical teams alike.

Job level is commensurate with experience, specialized skills relevant to the role and possession of the outlined preferred qualifications. Markel reserves the right to propose an alternative career level based on these factors.

#LI-SY

#LI-Hybrid

US Work Authorization

US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Pay information:

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. The salary for the position is $136,800 to $188,100 with a 55% bonus potential. 

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.   

 

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. 

 

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 Markel Careers. No other URL should be trusted for job postings.

  • All legitimate communications with Markel recruiters will come from Markel.com email addresses. 

 

We would also ask that you please report any job employment scams related to Markel to [email protected]. 

 

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; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.  

 

Should you require any accommodation through the application process, please send an e-mail to the [email protected].    

No agencies please.

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