Senior/or AVP, Underwriter – Cyber, Tech E&O, and Media

Vantage Risk Companies; Chicago (IL); Hybrid; USD 120,000 - 200,000; Full time

Benefits offered by this job

Performance-based bonus potential

Health & welfare benefits

Retirement plan

Flexible work environment

Generous time off

Job summary

Vantage Group Holdings Ltd. in Chicago, IL seeks a Senior / AVP, Underwriter – Cyber to underwrite complex Cyber, Tech E&O, and Media accounts, exercising independent judgment within a senior authority framework. You will manage broker relationships, mentor junior underwriters, and collaborate to achieve organizational goals.

The base salary range is $120,000 to $200,000. Candidates will be considered with experience, and Vantage offers bonus potential, strong health & welfare benefits,

Qualifications

• 5+ years of related insurance underwriting experience, focus on Cyber, Tech E&O, or Media.
• Advanced knowledge of Cyber insurance.
• Experience developing and launching new programs into the market space.
• Established network of broker and client contacts in the Chicago Metro area.
• Experience with digital platforms and driving results through automation.
• Proven leadership experience focused on growing and developing team members.

Responsibilities

• Meet profitability, retention, and written premium goals for an assigned portfolio of complex accounts.
• Exercise independent underwriting judgment within a senior letter of authority and maintain proper file documentation.
• Articulate the Vantage value proposition and maintain knowledge of all products and services.
• Lead and participate in projects, taking ownership of larger or more complex initiatives.
• Mentor and support the development of junior underwriters.
• Collaborate with colleagues to achieve goals and drive cross-sell opportunities.
• Lead the creation and execution of growth strategies by identifying areas of opportunity.
• Provide exceptional service to our brokers and client partners.
• Negotiate terms and conditions with brokers on complex accounts.
• Drive efficiencies and process improvements with a data and technology focus.
• Lead and create a high performing team environment focused on diversity and inclusion.

Skills

Cyber underwriting

Tech E&O

Media underwriting

Broker relationships

Leadership

Automation

Digital platforms

Education

Bachelor's degree

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.

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.

Role location

Chicago (Metro), Illinois

About the role

At Vantage, the Senior /or AVP, Underwriter – Cyber will underwrite complex Cyber, Tech E&O, and Media accounts in line with the strategies set forth within the team, exercising sound, independent judgment on larger and more complex risks. In addition, they will be responsible for broker relationships through continued customer service and marketing activities, mentoring junior underwriters, and collaborating with Vantage colleagues to achieve organizational and business goals.

The base salary range for this position is $120,000 to $200,000. Actual base salary for the selected candidate will be commensurate with 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

• Meet profitability, retention, and written premium goals for an assigned portfolio of complex accounts.
• Exercise independent underwriting judgment within a senior letter of authority and maintain proper file documentation.
• Articulate the Vantage value proposition and maintain an in-depth knowledge of all products and services.
• Lead and participate in projects, taking ownership of larger or more complex initiatives.
• Mentor and support the development of junior underwriters.
• Collaborate with colleagues to achieve goals and drive cross-sell opportunities.
• Lead the creation and execution of growth strategies by identifying areas of opportunity.
• Provide exceptional service to our brokers and client partners.
• Effectively negotiate terms and conditions with brokers on complex accounts.
• Drive efficiencies and process improvements with a data and technology focus.
• Lead and create a high performing team environment focused on diversity and inclusion.

Ideal Candidate Profile

• Bachelor's degree from a four-year college or university or equivalent professional experience preferred.
• 5+ years of related insurance underwriting experience, with a focus on Cyber, Tech E&O, or Media.
• Advanced knowledge of Cyber insurance.
• Experience developing and launching new programs into the market space.
• Established network of broker and client contacts in the Chicago Metro area.
• Experience with digital platforms and driving results through automation.
• Proven leadership experience with a focus on growing and developing team members to drive outstanding results and create 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.