Full-Time

Treasury Analyst

Confirmed live in the last 24 hours

Markel

Markel

1,001-5,000 employees

Specialty insurance and reinsurance provider

Financial Services

Entry, Junior

No H1B Sponsorship

Richmond, VA, USA

Hybrid working schedule of 3 days in the office and 2 days remote.

Category
Treasury
Finance & Banking
Required Skills
iOS/Swift
Requirements
  • Bachelor’s degree in Accounting, Finance or equivalent Business discipline
  • Strong computer skills including a high degree of proficiency within Excel
  • Experience with Oracle Financial Cloud applications preferred.
  • High degree of flexibility and responsiveness to change in a fast-paced environment.
  • Detail-oriented with strong organizational skills.
  • Strong written and verbal communication skills.
  • Ability to work on multiple projects simultaneously under tight deadlines.
  • Strong research, analytical, and problem solving skills.
  • Enthusiasm, initiative and takes pride in work performance
  • US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Responsibilities
  • Prepare and distribute weekly cash management reports by collecting and summarizing account balances and known outflows and make recommendations for excess liquidity
  • Maintain bank connectivity and records to ensure data integrity/completeness of balance and transaction information for all accounts
  • Produce monthly cash flow forecasts to support investment management allocations
  • Incorporate systematic approach to monitor expenses and determine opportunities for fee reduction as a part of a more disciplined approach to expense management
  • Acquire and maintain knowledge of relevant technology and current treasury products and services in order to improve process efficiencies and/or minimize costs
  • Employ knowledge of SWIFT reporting and payments to include a general awareness of file formats and liaise with banks on implementing new SWIFT capabilities
  • Aggregate and maintain trust account reporting to include requirements and balances to ensure compliance with all Trust Agreements
  • Work closely with other functional areas (i.e., claims, accounting, tax, human resources, disbursements) and business management to resolve issues and support achievement of business goals
  • Assist in determining key performance indicators that help the team measure success towards departmental goals
  • Drives continuous improvement by designing and implementing process efficiencies

Markel provides specialty insurance, reinsurance, and investment services, focusing on hard-to-place risks in niche markets. Their insurance offerings include coverage for agricultural and equine risks, reinsurance for large enterprises like oil rigs, event cancellation insurance for weddings and concerts, inland marine coverage for fine art, environmental pollution, and insurance for recreational vehicles like yachts and motorcycles. Markel's products work by assessing unique risks and tailoring coverage to meet the specific needs of their clients. Unlike many competitors, Markel emphasizes a culture of integrity, teamwork, and a commitment to understanding customer needs, which allows them to deliver quality service and innovative solutions. The company's goal is to lead in their industry by continuously improving their offerings and fostering an environment where employees can thrive and contribute to the company's success.

Company Stage

IPO

Total Funding

N/A

Headquarters

Glen Allen, Virginia

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Recent investments from firms like Lighthouse Investment Partners and Swedbank AB indicate strong market confidence in Markel's growth potential.
  • Expansion into new office space in Plano, Texas, reflects Markel's ongoing growth and commitment to increasing its operational capacity.
  • Key hires and promotions, such as the appointment of a new Chief Strategy Officer, signal a robust leadership team focused on strategic growth.

What critics are saying

  • The specialized nature of Markel's insurance offerings may limit its market size compared to more diversified insurers.
  • Expansion efforts, such as those in Asia Pacific, require careful management to avoid overextension and ensure sustainable growth.

What makes Markel unique

  • Markel's focus on niche markets like agricultural risks, event cancellation, and inland marine coverage sets it apart from traditional insurers.
  • The company's commitment to innovation and flexibility allows it to adapt quickly to market changes, unlike more rigid competitors.
  • Markel's global presence and strategic hires in Asia Pacific enhance its ability to serve diverse markets with specialized insurance solutions.

Help us improve and share your feedback! Did you find this helpful?