AVP, Underwriting - Primary Casualty

Posted: Friday, 17 January 2025
Valid Thru: Sunday, 16 February 2025
Index Requested on: 01/17/2025 19:16:14
Indexed on: 01/17/2025 19:16:14

Location: Chicago, IL, 60606, US

Industry: Financial Services
Occupational Category: 13-2053.00 - Business and Financial Operations
Type of Employment: FULL_TIME

Vantage Risk Companies is hiring!

Description:

About the Company

Vantage Group Holdings Ltd. (Vantage) was established in late 2020 as a re/insurance partner designed for the future. Driven by relentless curiosity, our team of trusted experts provides a fresh perspective on our clients’ risks. We add creativity to tech-enabled efficiency and robust analytics to address risks others avoid. Vantage provides specialty re/insurance through its operating subsidiaries in Bermuda and the U.S.

Vantage has approximately 300 colleagues in both the United States and Bermuda. We have offices in Chicago, IL, Norwalk, CT, Alexandria, VA, Boston, MA, New York, NY and Hamilton, Bermuda. Additionally, we are a highly geographically diverse workforce with colleagues based in 25 states and counting. We fully support work flexibility including remote and hybrid work arrangements.

About the role:

At Vantage, the AVP or Senior Underwriter is a member of our Excess and Primary Casualty team. The mission of team is to add creativity to tech-enabled efficiency and robust analytics to address risks others avoid. This role will be responsible for underwriting Primary Casualty business according to authority level and established guidelines. This role reports to our Head of Primary Casualty and is a remote opportunity or hybrid opportunity based in one of Vantage’s office locations. Vantage’s US colleagues have the flexibility to work anywhere in the United States (excluding US territories and possessions).

The base salary expectation for this role is between $140, 000 and $200, 000. Actual base salary for the selected candidate may be higher commensurate with candidate experience and expectations. Additionally, Vantage offers its colleagues performance-based bonus potential, strong health & welfare benefits, retirement plans with company match, competitive time off plans, a highly flexible work environment, and much more.

Responsibilities & Accountabilities:

  • Reviewing submissions to ensure alignment with risk appetite and business strategy.
  • Generate new business by working with brokers and clients to find innovative ways to deploy products.
  • Analyze complex risks and unusual transaction structures thoroughly and effectively.
  • Perform underwriting activities associated with the management of all underwriting transactions, service standards and compliance rules and documentation.
  • Demonstrate a customer service mindset by proactively engaging internal and external contacts.
  • Collaborate and correspond with internal and external contacts, to achieve a high level of service and meet client expectations.
  • Interact directly with various business partners and internal departments.
  • Meet departmental service standards in place for each process.
  • Perform other duties and special projects as assigned under minimal supervision.
  • As a new company we fully acknowledge the scope of each colleague’s job will change over time. Vantage expects all colleagues to be flexible and understand that responsibilities and accountabilities will morph and change.


Ideal Candidate Profile:

  • Bachelor’s degree required.
  • At least five years of Primary Casualty Wholesale Experience required.
  • Mid-West Relationships and contact preferred.
  • Excellent written and verbal communication skills
  • Strong knowledge of Microsoft Word and Excel.
  • Ability to process and adapt to change in a rapid growth new-company environment. Vantage associates are expected to be curious, thrifty, and resourceful to manage through the unknowns of growing a specialty (re)insurance business from the ground up.

Responsibilities:

Please review the job description.

Educational requirements:

  • bachelor degree

Desired Skills:

Please see the job description for required or recommended skills.

Benefits:

Please see the job description for benefits.

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