Job Description
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 Actuarial Analyst, Reserving will provide reserving support to a variety of insurance and reinsurance lines written out of Bermuda. This position will be integral in carrying out the reserving process and in building out the analysis and tools needed for robust reserve estimation. The position will report to the Senior Reserving Actuary, Bermuda. This role is located in Bermuda. Relocation is not provided.
The base salary expectation for this role is between $80,000 and $125,000. 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 plan benefits, competitive time off plans, a highly flexible work environment, and much more.
Responsibilities & Accountabilities:
- Perform reserve analysis, leveraging internal and external data and intelligence
- Collaborate closely with pricing, claims, finance, and data/analytics to ensure well-informed assumptions and methodologies for reserving
- Assist with building and maintaining relevant reserving methods, tools and monitoring metrics to aid in reserve analysis and support the business
- Assist in creating quarterly reports, presentations and other materials for various audiences
- Contribute to adherence to local regulatory requirements and actuarial best practices within reserving analysis
- Find innovative and creative ways to leverage data and analytics to support the reserving function
Ideal Candidate Profile:
- 1 - 4 years of actuarial experience required
- Bachelor’s degree in actuarial science, mathematics, finance, statistics, economics, or a related field; or the equivalent in work experience
- Two or more exam passes preferred and / or strong desire to pursue qualification with either the CAS or the IFOA (qualification with other recognized actuarial societies may also be considered)
- Prior experience within the P&C insurance and/or reinsurance industry focused on reserve analysis preferred
- Skilled with Excel and other reporting tools (such as PowerBI)
- Experience in scripting or programming languages is a plus (VBA, R, Python, SQL)
- Strong communicator with the ability to collaborate with business partners such as claims, finance, accounting, underwriting, IT, and data & analytics
- Effective at prioritizing and managing various tasks in a dynamic work environment
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
We value diversity and are committed to creating an inclusive environment for all employees. At Vantage, we strive to build and foster a culture where inclusiveness is ingrained, not just an initiative. All colleagues support building an inclusive environment where employees feel empowered to share their experiences and ideas to foster an environment which encourages you to "Be You!" We are proud to be an equal opportunity employer.
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.
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