Actuarial Analyst, Pricing Operations & Portfolio Management

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:

The Actuarial Analyst, Pricing Operations & Portfolio Management will play an important role in the Vantage’s Insurance business by supporting the Insurance Pricing and Portfolio Management functions. These functions, overseen by the Chief Pricing & Portfolio Actuary, are tasked with tracking, analyzing, and reporting key pricing and underwriting metrics. The Insurance Leadership Team rely on this work as they make decisions for the future of Vantage Insurance.

The successful candidate will work alongside the Head of Pricing Operations & Strategy and the Chief Pricing & Portfolio Actuary to maintain and run models, tools, and processes to ensure the Pricing & Portfolio Management functions are fit for purpose and scalable. They will take ownership of established pricing operations and portfolio management work. They should have a keen attention to detail, enjoy solving problems, and proactively contribute to improving pricing operations and portfolio management.

This position will be part of the Insurance Pricing Team and will report to the Head of Pricing Operations & Strategy. The Pricing Operations & Strategy function has the Pricing Team as their first-line customers. The other members of the Pricing Team are the business unit pricing actuaries, the Head of Pricing Operations & Strategy, and the Chief Pricing & Portfolio Actuary. The Pricing Team’s core customers are the Insurance Leadership Team and the underwriting business units.

We prefer this position to be filled by a candidate able to work 2-3 days per week in the West Hartford, Connecticut, office. However, we are flexible in terms of location, with both remote and in-office options available for the right candidate.

The base salary expectation for this role is between $80,000 and $110,000. Actual base salary for the selected candidate may be higher commensurate with candidate 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:

• Assist Head of Pricing Operations & Strategy in all established pricing operations including:
• Collection and reporting of pricing metrics.
• Review of pricing model maturity.
• Pricing data collection, validation, and reporting.
• Pricing model documentation.
• Integration and deployment of completed pricing models.
• Assist Chief Pricing & Portfolio Actuary with portfolio management:
• Day-to-day stewardship of portfolio management dashboards and other products.
• Ensure that data is correct and promptly fixed when incorrect.
• With the Data Team, design and prototype new tools for portfolio management.
• Analyze trends in pricing metrics and price adequacy across the Insurance segment.
• Oversee annual loss ratio planning on behalf of the business unit pricing actuaries.
• Centralize pricing data reporting for reinsurance placements, regulatory data calls, and similar exercises.
• Take on other ad hoc work and projects and time permits and other the direction of other members of the Insurance Pricing Team.

Ideal Candidate Profile:

• Bachelor’s degree in actuarial science, computer science, mathematics, statistics, or a related field; or the equivalent in related work experience.
• 0-3 years of actuarial experience. New university graduates with the appropriate technical skills are encouraged to apply. Candidates with more than 3 years of experience may be considered on a case-by-case basis.
• Two or more exams passed preferred; desire to pursue actuarial credential encouraged (which would be supported by Vantage).
• Proven track record of creative problem solving and attention to detail.
• Project work requiring scripting and programming languages is mandatory: R and SQL at a minimum.
• Basic familiarity using Git and GitHub is required.
• Excel VBA experience is a plus.
• 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.