Full-Time

Lead Strategy Associate

Updated on 8/3/2026

Markel Group

Markel Group

51-200 employees

Three-engine financial holding: insurance, investments, ventures

Compensation Overview

$92.9k - $127.7k/yr

+ 15% bonus potential

No H1B Sponsorship

Richmond, VA, USA

Hybrid

Richmond-based hybrid role.

Category
Business & Strategy (1)
Required Skills
Market Research
Data Analysis
Excel/Numbers/Sheets
Financial Modeling

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Requirements
  • At least 2 years of experience in management consulting or a similar in-house role.
  • Strong structured problem-solving skills, with the ability to break complex issues into logical components and develop clear recommendations.
  • Ability to engage with senior leaders, craft compelling narratives, and challenge the status quo to shift perspectives.
  • Demonstrated collaborative ability within the immediate team and across the wider company, with the ability to build relationships across functions.
  • Ability to manage multiple efforts simultaneously, prioritize effectively, and maintain a flexible, solutions-oriented mindset.
  • An intellectually curious, goals-driven, motivated, and proactive approach to learning the insurance industry.
  • Strong financial modeling and analytical skills, with high proficiency in Excel.
  • Bachelor's degree in business, economics, finance, or a related field.
  • United States work authorization is required.
Responsibilities
  • Contribute to the continuous development of the overall strategy for Markel Insurance.
  • Conduct market research, monitor macro trends, and provide competitive intelligence on industry developments and competitor activity.
  • Support business partners on product and growth strategies, as well as operational and organizational challenges and opportunities.
  • Assist in preparing executive-ready presentations for the Chief Executive Officer, Executive Leadership Team, Board of Directors, and other senior stakeholders.
  • Support corporate development activities, including preliminary reviews of acquisition opportunities, market scans, and analytical support across the deal lifecycle.
  • Help drive cross-functional strategic initiatives in partnership with underwriting, operations, finance, and technology teams.
  • Build relationships with business leaders to support strategy development, challenge assumptions, and provide data-driven insights to help grow their businesses.
  • Provide timely and accurate support for ad hoc strategic questions from the Chief Strategy and Corporate Development Officer, Insurance Chief Executive Officer, and senior executives.
Desired Qualifications
  • Experience in insurance is a plus but not required.

Markel Group operates as a financial holding company with a three-engine model: specialty insurance, investments, and Markel Ventures (a portfolio of non-insurance businesses). Specialty insurance focuses on hard-to-place or niche risks, underwriting and managing risk through its insurance subsidiaries. Profits from the insurance businesses are reinvested into investments and into acquiring and holding profitable non-insurance companies, creating a diversified, resilient enterprise. The group’s investment engine uses generated earnings to fund external acquisitions and capital growth, while Markel Ventures builds a broad portfolio of long-term holdings in various industries. What sets Markel apart is its deliberate diversification across three connected engines and a long-term, capital-accumulation approach known as the

Company Size

51-200

Company Stage

Post IPO Equity

Headquarters

Glen Allen, Virginia

Founded

1930

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Simplify Jobs

Simplify's Take

What believers are saying

  • AI deployment drove 113% underwriting productivity growth without eliminating staff.
  • Microsoft 365 Copilot adoption boosted enterprise productivity with over 60% usage.
  • Share repurchase program targets 10% of outstanding shares over five years.

What critics are saying

  • Activist JANA Partners forces $2B tender offer with 40–60% probability in 6–12 months.
  • Russell index removal triggers passive fund selling with 50–70% probability in 1–3 months.
  • Skyward outpaces Markel in niche growth while concentration risk hits 37% of premiums.

What makes Markel Group unique

  • Three-engine model combines specialty insurance, investments, and Markel Ventures.
  • Long-term 'Markel Style' philosophy compounds capital across distinct business engines.
  • Specialty focus covers hard-to-place risks ignored by mainstream insurers.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

Employee Stock Purchase Plan

Paid Vacation

Paid Holidays

Parental Leave

Flexible Work Hours

Remote Work Options

Hybrid Work Options

Company News

National Today
Apr 12th, 2026
Luma Capital Buys Stake in Markel Group - Richmond Today

Luma Capital S.A. SPF, an investment firm, purchased a new position in Markel Group Inc. (NYSE:MKL) during the fourth quarter, according to a recent SEC filing. Luma Capital bought 7,032 shares of the insurance provider's stock, valued at approximately $15.1 million, making it the third-largest position in Luma Capital's portfolio.