AVP, Underwriting - Construction Professional & Environmental

Vantage Risk Companies; Chicago (IL); Hybrid; USD 150,000 - 190,000; Full time

Job summary

Vantage Group Holdings Ltd. is seeking an Assistant Vice President, Underwriting to join the Construction & Environmental team.

The role underwrites professional and pollution liability for contractors, design professionals, owners, and environmental service providers according to guidelines, with authority delegated and a focus on risk selection. This position offers remote or hybrid work based in the United States.

Qualifications

• Bachelor's degree or equivalent professional experience is required.
• 5 to 10 years related insurance experience.
• Advanced knowledge of Construction Professional & Environmental Lines.
• Established network of broker and client contacts.
• Experience with digital platforms and driving results through automation.
• Team player with outstanding inter-personal, negotiation and organizational influencing skills; excellent stakeholder/relationship management skills and leadership behaviors.
• Proven leadership experience with focus on growing and developing team members to drive for outstanding results and creating an inclusive environment.
• Ability to process and adapt to change in a rapid growth 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.

Responsibilities

• Reviewing submissions to ensure alignment with risk appetite and business strategy.
• Generate new business by working with brokers and clients to find innovative ways to deploy CPP products.
• Analyze complex risks and unusual transaction structures thoroughly and effectively.
• Perform underwriting activities associated with the management of all underwriting transactions, service standards and compliance rules and documentation.
• Demonstrate a customer service mindset by proactively engaging 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.
• Perform other duties and special projects as assigned under minimal supervision.
• As a new company we fully acknowledge the scope of each colleague’s job will change over time. Vantage expects all colleagues to be flexible and understand that responsibilities and accountabilities will morph and change.

Skills

Underwriting expertise

Construction/Env risk

Leadership

Stakeholder management

Automation tools

Education

Bachelor's degree or equivalent

Tools

Automation tools

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, 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.

About the role

At Vantage, the Assistant Vice President, Underwriting is a member of our Construction team. The mission of the Construction & Environmental team is to add creativity to tech-enabled efficiency and robust analytics to address risks others avoid. This role will be responsible for underwriting professional and pollution liability for contractors, design professionals, owners’, and environmental service providers business according to authority level and established guidelines. This role reports to our SVP, Head of Construction Professional & Environmental Lines 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 $150,000 and $190,000. 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

• Reviewing submissions to ensure alignment with risk appetite and business strategy.
• Generate new business by working with brokers and clients to find innovative ways to deploy CPP products.
• Analyze complex risks and unusual transaction structures thoroughly and effectively.
• Perform underwriting activities associated with the management of all underwriting transactions, service standards and compliance rules and documentation.
• Demonstrate a customer service mindset by proactively engaging 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.
• Perform other duties and special projects as assigned under minimal supervision.
• As a new company we fully acknowledge the scope of each colleague’s job will change over time. Vantage expects all colleagues to be flexible and understand that responsibilities and accountabilities will morph and change.

Ideal Candidate Profile

• Bachelor's degree or equivalent professional experience is required.
• 5 to 10 years related insurance experience.
• Advanced knowledge of Construction Professional & Environmental Lines.
• Established network of broker and client contacts.
• Experience with digital platforms and driving results through automation.
• Team player with outstanding inter-personal, negotiation and organizational influencing skills; excellent stakeholder/relationship management skills and leadership behaviors.
• Proven leadership experience with focus on growing and developing team members to drive for outstanding results and creating an inclusive environment.
• Ability to process and adapt to change in a rapid growth 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.