Associate Underwriter, Excess Casualty - Bermuda

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, DC, 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.

Role location: Hamilton, Bermuda

About the role:

At Vantage, the Associate Underwriter is a member of our Bermuda Excess Casualty Underwriting team, which provides mid-to-high-attachment excess liability capacity to large corporate insureds.

The mission of the team is to add creativity to tech-enabled efficiency and robust analytics to address risks others avoid.

This is a developmental underwriting role responsible for underwriting renewal business according to authority level and established guidelines.

Working closely with underwriters, actuarial, compliance and operations, the associate underwriter supports the full underwriting lifecycle, from submission receipt and risk analysis through quoting, binding and policy issuance, while building the technical skills to progress to an underwriter role.

This role is based in Vantage’s Hamilton, Bermuda office. 

The actual base salary and title for the selected candidate is 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 and much more.

 

Responsibilities & Accountabilities:


* Submission Review: Perform initial submission triage against Vantage’s excess casualty risk appetite and guidelines, identify missing information, and follow up with brokers as needed.


* Underwriting Analysis & Rating: Prepare underwriting worksheets for renewal accounts, capturing company descriptions, operations, exposures, schedules of underlying policies, and assessing renewal changes and key findings.

Prepare accounts for actuarial review and liaise with the Actuarial team to ensure analyses are complete and timely.

Under the guidance of senior underwriters, develop the ability to analyze more complex risks and unusual program structures.


* Quote, Bind & Policy Issuance: Prepare quotes, binders, and endorsements for underwriters in accordance with authority levels and agreed-upon terms and conditions.

Issue renewal policy documentation accurately and on time usi...