In 1930, Markel Corporation was founded as a holding company for insurance, reinsurance, and investment operations. The company's underwriting operations are reported in 3 segments, and its products come from 4 insurance divisions and 1 reinsurance division. The corporation as a whole strives to deliver products that are innovative while providing responsive customer service.
Striving to maintain its status as a global leader, Markel is committed to success. Because of this, the corporation believes in working hard while on a pursuit for excellence. But in the same breath, the team knows how to keep a sense of humor. And this all leads to the Markel Way.
The Markel Way is the company's way of striving to be a market leader is every pursuit. By understanding each customers' needs, Markel employees are able to provide them with quality products and service. The Markel Way is also a pledge to the shareholders that they will indeed build the company's financial value.
But the Markel Way also empowers employees to seek better solutions to problems. And that includes challenging management. Everyone at Markel has the ability to make decisions and change courses. So while you're expected to respect authority, you should have disdain for bureaucracy. The employees at Markel live the Markel Way.
A Step Above the Rest
At Markel, they believe that in order to be successful the employees must be good citizens. Employees are encouraged to give back their time and money on a local, regional, national and international level. Markel team members have aided in medical research, hunger relief agencies, schools, inner city youth, hospice organizations, veterans, the arts and victims of natural disasters. This is just another example of the Markel Way.
As an employee at Markel, they're recognized as the most important part of the company. They're responsible for delivering and achieving business goals. That's why it's important to Markel to provide an environment where everyone truly feels welcome and appreciated. Employees are supported in reaching their full potential and are rewarded for their commitment and performance.
Every individual at Markel is self-determined to reach their personal potential. And since the company is results-orientated, they work as a team to achieve success. But above all else, everyone enjoys what they're doing at Markel.
When it comes to benefits, Markel knows what it's doing. Team members are fully supported with a large array of benefits to enjoy. From competitive compensation to career advancement opportunities, it's clear Markel is focused on providing value to every job offer. And what's more is the company is constantly looking for ways to improve the benefits package.
With a pay-for-performance philosophy, you'll never have to worry about fighting for equal pay. Instead, your pay will be in direct correlation to your performance and contributions. As long as you're contributing to the success of the company, you'll continue to receive competitive financial benefits. The Annual Incentive Compensation program is also in place to recognize those of you who will exceed expectations. By achieving goals and objectives, you'll receive a generous annual bonus.
But if the company is worried about anything, it's your wellness. With access to exceptional medical, dental, vision, and prescription drug plans, you'll never have to worry about insurance. You'll be presented with 2 PPO plans and 2 Consumer Plans with an HSA, as well as receive coverage for vision and dental. And when it comes down to saving on taxes, Markel provides employees access to save on eligible healthcare, dependent care, and commuting expenses.
The company doesn't stop there to make sure you're in tip-top health. With onsite gym facilities and discounted gym memberships, you'll have access to stay fit and keep those New Years' resolutions going. In addition, the company has a wellness strategy in place to create a healthy culture that promotes long-term commitments to healthy lifestyles. Employees who participate in this strategy can earn credits, as well as other health-related resources and activities.
For those of you who want to stay on top of your game and expand your mind, Markel encourages you to do just that. Whether it's learning in the classroom, on-the-job or through online opportunities, the company is there to support you every step of the way. With the addition of Markel Development University, employees can learn more about over 1,600 topics including business skills, IT skills and management skills. And the university is entirely online so you could learn while at work or in your PJ's at home. Oh and you won't have to pay for extra schooling. With the training and tuition reimbursement, many of your educational expenses will be covered.
As for growing within your career, Markel prefers to promote from within. That's why jobs are posted internally before being released to the public. And if there's a certain position that is just calling your name, Markel provides you with the tools to get there. Whatever it is that you need, Markel is sure to provide it. That's just the kind of company it is.
Glen Allen, VA
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Markel Salaries By Job Title
On average, employees at Markel stay with the company for 3.8 years. Employees most commonly join Markel after leaving Capital One. When they leave Markel, they most frequently get their next job at Capital One.
|Average Length of Employment|
American International Group3.9 years
|Top Employers Before Markel|
Capital One22.5 %
Circuit City6.0 %
|Top Employers After Markel|
Capital One14.0 %
Wells Fargo6.6 %
SunTrust Banks6.6 %
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Darrell Martin (cfo)
Thomas Gayner (ceo)
Michael Crowley (President)
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