Senior Underwriter-Transactional Liability & Financial Institutions

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 280 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 Senior Underwriter-Financial Institutions & Transactional Liability is a member of our Financial Institutions Team. This role will be responsible for underwriting new and renewed Financial Institutions and Transactional Liability business according to authority level and established guidelines. This position provides a unique opportunity to be part of a team building a profitable book of business within a successful organization.

This role reports to our VP of Financial Institutions/Transactional Liability and is a remote and/or hybrid opportunity based in a Vantage office. Vantage’s US colleagues can work anywhere in the United States (excluding US territories and possessions).

The base salary expectation for this role is between $100,000 and $160,000. 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 & welfare benefits, retirement plans with company match, competitive time off plans, a highly flexible work environment, and much more. 

Responsibilities & Accountabilities:

• Review 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 Financial Institutions/Transactional Liability products.
• Effectively market to our brokers, leveraging and cultivating new and existing relationships.
• Analyze complex risks and unusual transaction structures thoroughly and effectively.
• Perform underwriting activities for managing all underwriting transactions, service standards, 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 that 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 in Finance, Business Administration, or related discipline required.
• Juris Doctorate (J.D.) degree from an accredited law school preferred
• 6-10 years of Financial Institutions and or Transactional Liability Underwriting or Claims experience preferred.
• Knowledge of the insurance industry and underwriting.
• 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.

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