Pricing Actuary, Reinsurance

Vantage Risk Ltd.; Hamilton; Hybrid; GBP 59,215 - 88,822; Full time

Benefits offered by this job

Performance-based bonus potential

Strong health & welfare benefits

Retirement plan

Flexible work environment

Job summary

Vantage Risk Ltd. is seeking a Pricing Actuary for its Bermuda reinsurance platform. This role is ideal for a recently qualified actuary who will support pricing across Specialty lines and assist in developing stochastic models. Responsibilities include exposure analysis, pricing recommendations, and collaboration with data scientists. The position requires strong analytical skills and a Bachelor’s degree in a related field. Vantage promotes a flexible work environment and offers competitive health benefits and bonus potential.

Qualifications

• Recently qualified or close to qualified actuary (ACAS / FIA or equivalent).
• 5+ years of actuarial experience.
• P&C re/insurance experience preferred.

Responsibilities

• Support pricing of reinsurance risks across Specialty lines and Property.
• Assist in development of stochastic pricing models used by underwriters.
• Perform exposure analysis and pricing adequacy reviews.

Skills

Strong quantitative and analytical skills

Proficiency in R, Python, SQL

Interest in stochastic modeling and portfolio analytics

Education

Bachelor’s degree in actuarial science, mathematics, statistics, economics, finance, or a related field

Tools

Catastrophe models (AIR, RMS, CyberCube, Cyence)

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 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

Based in Bermuda, the Pricing Actuary, Reinsurance, will play a key role in supporting the actuarial pricing function for the Bermuda reinsurance platform. This is an excellent opportunity for a recently qualified or close to qualified actuary to deepen their technical pricing skills, gain direct underwriting exposure, and contribute to the development of sophisticated actuarial models and portfolio analytics in a fast‑growing specialty reinsurance environment.

You will be part of a collaborative actuarial team that partners closely with underwriting, reserving, finance, risk, and data science colleagues, with strong mentorship and clear development pathways.

Benefits

Base salary for the selected candidate will be commensurate with candidate experience and expectations. Additionally, Vantage offers its colleagues performance-based bonus potential, strong health & welfare benefits, retirement plan, competitive time off plans, a highly flexible work environment, and much more.

Responsibilities & Accountabilities

• Support the pricing of reinsurance risks across Specialty lines, Property (cat and non‑cat), and Emerging Risks.
• Assist in the development, parameterization, and maintenance of stochastic pricing models used by Bermuda reinsurance underwriters.
• Perform exposure analysis, experience studies, pricing adequacy reviews, and portfolio rollups.
• Support underwriting decision‑making by producing timely, high‑quality actuarial analyses and pricing recommendations.
• Contribute to the monitoring and pricing of delegated authority and portfolio transactions.
• Assist in competitor benchmarking, market research, and pricing tool enhancements.
• Work with catastrophe models and external vendor tools (e.g. RMS, AIR, CyberCube) under senior guidance.
• Collaborate with data scientists and engineers to enhance datasets, automate processes, and improve analytical efficiency.
• Support regulatory and internal reporting requirements as needed.
• Continuously develop technical, commercial, and communication skills through on‑the‑job learning and formal study.

Ideal Candidate Profile

• Recently qualified or close to qualified actuary (ACAS / FIA or equivalent).
• Bachelor’s degree in actuarial science, mathematics, statistics, economics, finance, or a related field.
• 5+ years of actuarial experience required.
• P&C re/insurance experience preferred.
• Strong quantitative and analytical skills, with an interest in stochastic modeling and portfolio analytics.
• Proficiency or developing capability in actuarial tools and programming languages such as R, Python, SQL, or similar.
• Exposure to catastrophe or specialty risk models (AIR, RMS, CyberCube, Cyence) is advantageous but not required.
• Clear communicator with the ability to explain technical concepts to non‑actuarial stakeholders.
• Curious, motivated, and eager to learn in a dynamic, entrepreneurial reinsurance environment.
• Comfortable working both independently and collaboratively across teams.

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 yourself. We are proud to be an equal opportunity employer.