Associate Risk Analyst / Risk Analyst

Associate Risk Analyst / Risk Analyst

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 Associate Risk Analyst / Risk Analyst supports the enterprise risk management program by contributing to quarterly risk processes, analyzing risk events and near misses, and preparing clear, decision-ready materials for risk owners and leadership. This role is well-suited to a curious, solutions-oriented analyst who enjoys translating data and qualitative insights into practical risk responses that support both protection and growth. You will gain exposure to a broad range of business activities across the organization and collaborate with stakeholders at multiple levels. The work requires strong analytical judgment, integrity in handling confidential information, and the ability to explain complex topics in plain language. Within the Risk team, we are an actively engaged Risk function supporting the business through a period of expansion, both in the US and internationally. By joining the team you will play a key part in working across a wide range of corporate and business activities, lending variety and challenge to our working lives.

Job Location : Hybrid work arrangement based in Richmond, VA

Job Responsibilities

Duties and accountabilities :

• Coordinate elements of the quarterly risk management process, including scheduling and facilitating risk owner meetings, capturing and challenging updates to risk registers, and tracking action items through completion.
• Perform structured analysis of risk events and near misses, including root cause analysis, linkage to register risks, impact / likelihood assessment, and presentation of practical remediation options. Prepare concise deep-dive summaries and follow-up plans.
• Contribute to risk reporting packs and support components of the Own Risk and Solvency Assessment (ORSA) process, including data collection, drafting sections, quality checks, and maintaining an audit trail of sources and assumptions.
• Identify opportunities to streamline risk frameworks and processes using technology and automation. Propose pragmatic enhancements to RCSA, risk appetite metrics, key risk indicators, and issue / incident management.
• Build effective working relationships with business stakeholders, synthesizing insights from interactions to anticipate emerging risks and propose proportionate responses. Facilitate adoption of agreed risk actions and monitor completion.
• Use quantitative and qualitative data to inform risk insights including use of advanced analytics including AI.
• Produce clean, reproducible analyses and visualizations to support decision-making. Maintain documentation of methods and calculations.
• Handle confidential information with discretion; escalate issues in accordance with policy; support model, policy, and documentation governance requirements.
• Perform other duties as required.

Education

Work Experience / Skill Set

The successful candidate will have :

Preferred qualifications :

The Risk Analyst has a hybrid work model with in-office days to support collaboration, stakeholder engagement, and key risk meetings. Occasional additional in-office presence may be required during peak reporting cycles.

Job level and title offered to the successful candidate will be 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.

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