What are the responsibilities and job description for the Primary Casualty Underwriting Assistant position at Vantage Risk Companies?
Primary Casualty
Underwriting Assistant
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 300 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 US Primary Casualty Underwriting Assistant is a member of our Casualty team. This role will be responsible for providing daily assistance in the management of all underwriting transactions to support the underwriting team. This role reports to our VP, Underwriting and is a remote opportunity or hybrid opportunity based in one of Vantage’s office locations. Vantage’s US colleagues have the flexibility to work anywhere in the United States (excluding US territories and possessions).
The base salary expectation for this role is between $70,000 and $90,000. 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:
In connection with our business, Vantage may collect and process your personal data. For further information regarding how we use this data, please see our online privacy notice at https://www.vantagerisk.com/privacy-policy/
ADA Notice: All applications shall be submitted online through our applicant tracking system. Candidates needing reasonable disability accommodation to enable them to apply and/or fully participate in the selection process are encouraged to email recruiting@vantagerisk.com with the subject Candidate ADA Request detailing their needs. Please note the above email box is for candidates needing reasonable disability accommodation only, emails submitting resumes will not be considered and those seeking application status updates will go unanswered.
Underwriting Assistant
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 300 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 US Primary Casualty Underwriting Assistant is a member of our Casualty team. This role will be responsible for providing daily assistance in the management of all underwriting transactions to support the underwriting team. This role reports to our VP, Underwriting and is a remote opportunity or hybrid opportunity based in one of Vantage’s office locations. Vantage’s US colleagues have the flexibility to work anywhere in the United States (excluding US territories and possessions).
The base salary expectation for this role is between $70,000 and $90,000. 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:
- Perform underwriting support activities associated with the management of all underwriting transactions, service standards and compliance rules and documentation.
- Develop proficiency in basic 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 as well as 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 focus on ongoing process improvement
- Perform other duties and special projects as 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.
- Bachelor’s or Technical degree or equivalent preferred.
- At least 8 years of insurance industry experience preferred.
- 2 plus years of insurance product line experience preferred.
- Multi line product experience preferred.
- Knowledge of insurance policy forms and regulatory requirements.
- Excellent written and verbal communication skills.
- Analytical: Able to identify and define problems, extract key information from data and develop workable solutions for the problems identified to test and verify the cause of the problem and develop solutions to resolve the problems identified.
- Drive to Deliver: Takes accountability for work, organizes, and prioritizes, 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.
- Strong knowledge of Microsoft Word, Excel, & ImageRight.
- 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.
- 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.
In connection with our business, Vantage may collect and process your personal data. For further information regarding how we use this data, please see our online privacy notice at https://www.vantagerisk.com/privacy-policy/
ADA Notice: All applications shall be submitted online through our applicant tracking system. Candidates needing reasonable disability accommodation to enable them to apply and/or fully participate in the selection process are encouraged to email recruiting@vantagerisk.com with the subject Candidate ADA Request detailing their needs. Please note the above email box is for candidates needing reasonable disability accommodation only, emails submitting resumes will not be considered and those seeking application status updates will go unanswered.
Salary : $70,000 - $90,000
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