01 - Preheat the oven to 325°F.
02 - Pat the beef roast dry with paper towels. Season all sides with salt and pepper.
03 - In a large nonstick skillet, sear the beef over medium-high heat until browned on all sides, about 2-3 minutes per side.
04 - Place carrots, parsnips, onions, celery, and garlic in the bottom of a large roasting pan or Dutch oven. Lay the seared roast on top.
05 - In a bowl, whisk together beef broth, tomato paste, Worcestershire sauce, thyme, rosemary, and bay leaves. Pour over the roast and vegetables.
06 - Cover tightly with a lid or foil. Roast in the oven for 2 hours 30 minutes, or until the beef is tender and vegetables are cooked through.
07 - Remove the roast and vegetables from the pan. Let the beef rest for 10 minutes before slicing thinly against the grain.
08 - Skim any fat from the pan juices and serve as a light gravy over the roast and vegetables.