Full-Time

Senior Business Systems Analyst

Posted on 5/9/2026

Markel Group

Markel Group

51-200 employees

Three-engine financial holding: insurance, investments, ventures

Compensation Overview

$95k - $112.5k/yr

Toronto, ON, Canada

Hybrid

Category
IT & Security (2)
,
Required Skills
Agile
SQL
Word/Pages/Docs
Excel/Numbers/Sheets
Requirements
  • Advanced knowledge of requirements gathering techniques
  • experience in acting as lead roles in at least 2 large system implementations
  • Previous configuration experience in an ERP type system, particularly Customer Relationship Management Microsoft Dynamics
  • 8 years + experience SDLC/System implementation, and vendor relationship management and Agile framework exposure
  • Exhibited experience in a variety of role and responsibilities on key projects in Business Analyst capacity (wearing multiple hats)
  • Demonstrated strong attention to detail and the ability to decipher the “bigger picture” in ambiguous contexts
  • Competent IT skills with a good working knowledge of Microsoft Office Applications – Expert in MS Excel, MS Word
  • Excellent written and oral communication skills with the ability to establish and maintain effective working relationships with various levels of management, staff and external clients
  • Ability to document complex concepts clearly; expert in conveying complex concepts to non-technical teams, but speak to a technical audience when needed
  • Strong numeracy and logical analytical skills with a structured approach to problem solving; Proactively contribute to, lead and influence business changes of varying complexities
  • Previous working experience in an Insurance sector, preferably Commercial Lines
  • Experience with SQL and Business System Administrator Configuration is an Asset
  • Prior hands-on participation in Production support chain, Tier-2 or 3 level triage experience
  • Educated to degree level (Mathematics, Business, Computer Science or Information Systems), or equivalent analytical work experience
  • Bilingualism and Financial Industry experience would be considered an asset
  • A fast-learner; high competency and ability to keep up with rapidly changing operations and projects in an agile yet organized manner
  • A self-starter; experience in paving the way, discovering, and defining structure in ambiguous situations
  • Naturally Inquisitive; you love to roll up sleeves and tackle challenges and new subject areas
  • Reliable Team Player; willingness to take ownership and accountability for features or components of larger initiatives
  • Committed; Demonstrate commitment to the organisation, team and role – you have high integrity for delivering quality work
  • Comfortable working and leading both technical and non-technical teams
  • A Professional; Maintain a high standard of professionalism at all times and great at building and maintain relationships with colleagues and team members
Responsibilities
  • Lead, influence and engage with business representatives to scope, define and document insurance product, workflow and data requirements to translate into technical specifications
  • Participate in end-to-end requirements, design, implementation, testing and productionchange initiatives in integration projects and system enhancements
  • Breakdown business requirements to manageable pieces that can be delivered in increments, through various artefacts such as BRD, FRD, and User stories for Agile framework projects, reporting to Product/Project Manager(s) as appropriate
  • Contributes and reviews technical specifications ensuring requirements are accurately translated for new data solutions or changes to existing solutions
  • Hold vendors accountable for complex solution designs, analysing design alignment and integration to existing workflows and systems
  • Work with IT, Infrastructure Team, External Technical Teams/Developers, and business colleagues to address queries on requirements, bugs, and resolutions. Investigate and present gap analysis findings to audiences of various backgrounds (both technical, non-technical and managerial)
  • Be a reliable point of contact for change management processes and initiatives assigned, and highlight escalate risks to appropriate team(s) (Biz Tech, Offshore QA/Developers,IT infrastructure, Product/Project Manager, Vendor, Steering Committee)
  • Support and Guide users through UAT preparation, execution and coordination for new enhancements where appropriate
  • Provide Production user support, training, documentation, and troubleshooting; explaining highly technical concepts to non-technical stakeholders in a concise manner
  • Provide secondary support to BAUteam members on other initiatives that may require knowledge of application data – e.g. scoping estimations,testing and deployment of system solutions

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's Take

What believers are saying

  • Rising equine insurance demand in Europe and Asia Pacific boosts Markel International premiums.
  • AMF Bakery Systems gains from industrial baking automation and sustainable equipment trends.
  • Jump AI partnership cuts underwriting costs, improving Q1 2026's 93% combined ratio.

What critics are saying

  • JANA Partners forces Markel Ventures divestiture within 3-6 months, dismantling three-engine model.
  • Chubb undercuts Markel Global Reinsurance premiums by 10-15% in 12-24 months.
  • 2026 US hurricanes spike Markel Specialty combined ratio above 100% in 6-12 months.

What makes Markel Group unique

  • Markel Group deploys three-engine model of specialty insurance, investments, and Markel Ventures since 2005.
  • Covers hard-to-place risks like equine, marine, and museums via Markel Specialty and International.
  • Emulates Berkshire Hathaway by permanently holding diverse Ventures businesses like AMF Bakery Systems.

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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.