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Actuary - Remote Position

$160k - $215k
Full-time

Vantage Risk Companies

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.We fully support work flexibility including remote and hybrid work arrangements.

At Vantage, the Pricing Actuary, Casualty is a member of our Insurance Pricing team. This position will play a critical role in continuing to build Vantage’s insurance pricing capability across our Casualty businesses, with Underwriting teams located both in the US & Bermuda. Vantage’s Casualty business units provide primary general liability and excess liability insurance coverage for variety of industries, including transportation, construction, real estate, manufacturing, energy, public entity liability and other miscellaneous industry classes. Current Casualty offerings include excess casualty products offered from both the US & Bermuda platforms, and Primary GL offered exclusively from the US platform.

We are flexible in terms of location, with both remote and in-office options available. Regardless of location, occasional travel will be required.

You will work with an established team of Underwriters with vast industry experience supporting a variety of functions including pricing model development, large account pricing, rate monitoring, portfolio segmentation analysis and loss ratio planning. You will also partner closely with our Data, Analytics & Technology organization that is tasked with building and delivering data insights for our business customers that help them to better understand, quantify, and manage their risks differently. We are seeking an energetic, creative, and self-motivated Actuary that has a passion for advancing actuarial science with data and analytics.

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.

Build, maintain, and scale rating and pricing models to support the Casualty business units. Ensure consistency in pricing practices across the Casualty business units as appropriate.

Engage with Underwriting teams to price large accounts.

Deep engagement and collaboration with the broader Insurance pricing team, currently comprised of 15 pricing actuaries working across all products offered by Vantage Insurance.

Perform other actuarial services including, but not limited to monthly rate monitoring, profitability and rate adequacy studies, portfolio segmentation analysis, rate filing support, competitor research, treaty reinsurance support, and working with underwriters to communicate the health of the business to company leadership.

Find innovative and creative ways to leverage data and analytics to support the pricing and underwriting functions.

Combine the best of actuarial pricing techniques, data science and technology, by partnering closely with colleagues from our Data, Analytics & Technology team.

Ensure actuarial best practices in all work by staying current on industry trends, tools, and actuarial techniques.

Bachelor’s degree in actuarial science, mathematics, finance, statistics, economics, or a related field; or the equivalent in related work experience.

  • 8+ years of actuarial pricing experience, including meaningful recent experience in long tail commercial lines pricing.
  • Associate of the Casualty Actuarial Society (ACAS) Designation required.
  • Primary or excess casualty pricing experience with deep knowledge of commercial auto, general liability and construction risks.
  • Experience in scripting or programming language (SQL and R or Python).
  • Willingness to work alongside data scientists and data engineers to develop analytical solutions.

Do What’s Right – be a force for good, for our customers, shareholders, colleagues, industry and communities.

Make A Difference – focus on impact, embrace technology, leverage data and analytics as critical assets, act intentionally to deliver on our mission.

Vacancy posted 9 days ago
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