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 340 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 Pricing Actuary will play a critical role in building out the pricing function for the US Healthcare business unit. Our US Healthcare business unit writes coverages across multiple lines, including medical professional liability (i.e., hospitals, facilities, Long-Term Care, physicians), general liability, and auto liability.

You will work with an established team of underwriters with vast industry experience supporting various functions, including large account pricing, model development, industry analysis, rate filing, and portfolio analysis. You will also be part of a growing organization tasked with building and delivering data insights for our business customers and clients that help them better understand, quantify, and manage their risks differently. We are seeking an energetic, creative, and self-motivated individual with a passion for advancing actuarial science with data and analytics.

This position will report to the Senior Pricing Actuary of US Healthcare and be a key member of the Insurance Pricing team. We are flexible regarding location, with both remote and in-office options available. Regardless of location, occasional travel will be required.

The base salary expectation for this role is between $140, 000 and $190, 000. The actual base salary for the selected candidate may be higher, commensurate with the candidate's experience and expectations. Additionally, Vantage offers its colleagues performance-based bonus potential, strong health and welfare benefits, retirement plans with company match, competitive time off plans, a highly flexible work environment, and much more.

Responsibilities & Accountabilities

• Assist with building and maintaining pricing models to support the US Healthcare business unit.
• Engage with the underwriting team to price large accounts.
• Perform other actuarial services, including, but not limited to, assisting with building aggregate loss distribution templates, competitor research, performing profitability and rate adequacy studies, rate filing support, and reinsurance support.
• Find innovative and creative ways to leverage data and analytics to support the pricing and underwriting functions.
• Ensure actuarial best practices, including establishing and maintaining pricing guidelines, monthly portfolio monitoring, and pricing parameters.
• Combine the best actuarial pricing techniques and data science within the Data & Analytics team.
• Support building a creative and intellectually curious team culture and enhance multi-disciplinary collaboration.
• Remain current on industry trends, tools, and actuarial techniques.

Ideal Candidate Profile

• Ten years of actuarial pricing experience and experience in medical professional liability are a plus.
• Proven track record of collaborating with underwriters and portfolio leaders.
• Experience with predictive analytics is a plus.
• Experience in scripting or programming languages is required (VBA, R, Python, SQL).
• Willingness to work alongside data scientists and data engineers to develop analytical solutions.
• Bachelor’s degree in actuarial science, mathematics, finance, statistics, economics, or a related field; or the equivalent in related work experience.
• ACAS required; FCAS preferred.

Our Vantage Values

• Do What’s Right – be a force for good, for our customers, shareholders, colleagues, industry and communities
• Be Relentlessly Curious – ask questions, listen to understand, challenge the status quo, look for ways to say YES, drive innovation, be opportunistic and disciplined
• We’re Better Together– collaborate, be inclusive, supportive, respectful and humble, be a trusted partner internally and externally
• Be Transparent – in who you are, what you think, and how you work, seek and provide alternative points of view, be true to yourself
• Make A Difference –focus on impact, embrace technology, leverage data and analytics as critical assets, act intentionally to deliver on our mission

We value diversity and are committed to creating an inclusive environment for all employees. At Vantage, we strive to build and foster a culture where inclusiveness is ingrained, not just an initiative. All colleagues support building an inclusive environment where employees feel empowered to share their experiences and ideas to foster an environment which encourages you to "Be You!" We are proud to be an equal opportunity employer.

In connection with our business, Vantage may collect and process your personal data. For further information regarding how we use this data, please see our online privacy notice at https: //www.vantagerisk.com/privacy-policy/

ADA Notice: All applications shall be submitted online through our applicant tracking system. Candidates needing reasonable disability accommodation to enable them to apply and/or fully participate in the selection process are encouraged to email recruiting@vantagerisk.com with the subject Candidate ADA Request detailing their needs. Please note the above email box is for candidates needing reasonable disability accommodation only, emails submitting resumes will not be considered and those seeking application status updates will go unanswered.