Underwriting Assistant - Primary Casualty
$60k - $85kVantage Risk Companies
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, West Hartford, CT, Washington, D.C., 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 Primary Casualty Underwriting Assistant is a Casualty team member. This role will be responsible for daily assistance in managing all underwriting transactions to support the Primary Casualty underwriting team. This role reports to our Head of Primary Casualty, and is a remote or hybrid opportunity based in one of Vantage’s office locations. 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 $60,000 and $85,000. 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:
- Perform underwriting support activities for managing all underwriting transactions, service standards, compliance rules, and documentation.
- Develop proficiency in fundamental underwriting analysis, file preparation, and report assessment.
- Provide accurate rating support for new business submissions and renewals.
- Producing quotes, binders, and endorsements for the Underwriters.
- Issuing new business and renewal policies as instructed by the underwriting team.
- Demonstrate a customer service mindset by proactively engaging with underwriters and 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.
- Partner with operations and technology team on design and systems implementation with a focus on ongoing process improvement.
- Perform other duties and special projects assigned under minimal supervision.
- 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.
Ideal Candidate Profile:
- A bachelor’s or technical degree or equivalent professional experience is preferred.
- At least one year of insurance industry experience preferred.
- One year of insurance product line experience preferred.
- Knowledge of insurance policy forms and regulatory requirements.
- Excellent written and verbal communication skills.
- Analytical: Able to identify and define problems, extract critical information from data, and develop workable solutions for the identified issues to test and verify the cause of the problem and develop solutions to resolve the identified issues.
- Drive to Deliver: Takes accountability for work, organizes and priorities, delivers results, is action-oriented, sets and achieves goals, and demonstrates resilience.
- Customer service focus: Recognizes customers’ needs, meets their requirements and adds value to customer outcomes, balances customer and business.
- Digitally savvy/Insight: Builds the information from a variety of sources, cuts through complexity, considers options, solves problems, and makes decisions.
- Knowledge of Microsoft Word, Excel, & ImageRight.
- Ability to process and adapt to change in a rapid growth 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.
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