VP, Underwriting – US Property
1 week ago
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 365 colleagues in both the United States and Bermuda. We have offices in Chicago, IL, Norwalk, CT, Arlington, VA, Boston, MA, New York, NY, Atlanta, GA and Hamilton, Bermuda. Additionally, we are a highly geographically diverse workforce with colleagues based in 35 states and counting. We fully support work flexibility including remote and hybrid work arrangements.
About the role:
At Vantage, the VP Property underwriting will be a critical member of our Large Property team. The mission of the team is to add creativity to tech-enabled efficiency and robust analytics to address risks others avoid. This role will be responsible for underwriting new and renewal business in accordance with the Large Property portfolio development strategy and underwriting guidelines. The ideal candidate for this position possesses extensive knowledge of complex property risks, strong leadership abilities, and a proven track record of success in driving profitable growth. This role reports to the SVP, Head of Large Property, and is a flexible, hybrid opportunity based in proximity to one of Vantage's office locations. Preferred offices are Chicago, IL, Atlanta, GA, New York, NY, Norwalk, CT, West Hartford, CT Boston, MA and Arlington, VA.
The base salary expectation for this role is between $195,000 and $250,000. The actual base salary for the selected candidate may be higher, commensurate with the candidate's commercial property experience and location of employment. 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:
- Building and underwriting a diverse and profitable book of middle market and corporate property business.
- Developing and maintaining productive working relationships with appointed brokers.
- Applying rigorous risk selection and assessment standards and implementing pricing methodologies that support Large Property strategic objectives and financial plans.
- Effectively working with Vantage's Actuarial, Claims, CAT Modelling, Data & Analytics, Operations, Finance teams.
- Collaborating and corresponding with internal and external contacts to achieve outstanding client service.
- Mentoring and coaching junior underwriters and underwriter assistants both technically and professionally.
- Maintaining awareness of competitor capabilities and strategies, as well as the overall property insurance marketplace.
Ideal Candidate Profile:
- Bachelor's degree required or equivalent professional experience.
- Minimum of ten years of middle market or corporate property underwriting experience (retail or wholesale), with demonstrated knowledge and skills to support leadership in scaling a profitable portfolio.
- Facility with interpreting risk engineering reports for complex and high hazard risks into underwriting assessments.
- Experience underwriting global programs and primary layer participation.
- Strong broker network within the US commercial property market.
- Self-motivated and independent, capable of assessing risk inherent exposures and natural hazards while maintaining underwriting discipline with minimal supervision.
- Ambition and creativity to apply new underwriting tools and technologies to win business and operate more efficiently to achieve portfolio scale.
- Thrive in a dynamic, team-focused environment and deliver on tight deadlines.
- Strong problem-solving and negotiation skills.
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 Vantage Recruiting Privacy Notice.
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 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.
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