Head of Casualty Pricing

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This range is provided by Vantage Risk Companies. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

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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: At Vantage, the Head of Casualty Pricing is a key member of our Insurance Pricing team. This Pricing leadership position oversees Vantage’s insurance pricing capability across all our Casualty businesses, with Underwriting teams located both in the US & Bermuda. Vantage’s Casualty business units provide primary general liability and excess liability insurance coverage for a variety of industries, including transportation, construction, real estate, manufacturing, energy, public entity liability and other miscellaneous industry classes.

Current Casualty offerings include excess casualty products offered from both the US & Bermuda platforms, and Primary GL offered exclusively from the US platform.

You will work with an established team of Underwriters with vast industry experience supporting a variety of functions including pricing model development, large account pricing, rate monitoring, portfolio segmentation analysis and loss ratio planning. You will also partner closely with our Data, Analytics & Technology organization that is tasked with building and delivering data insights for our business customers that help them to better understand, quantify, and manage their risks differently.

We are seeking an energetic, creative, and self-motivated Actuary that has a passion for advancing actuarial science with data and analytics.

This position will report to the Chief Pricing and Portfolio Actuary, Insurance. We are flexible in terms of location, with both remote and in-office options available. Regardless of location, occasional travel will be required.

The base salary expectation for this role is between $220,000 and $270,000. 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.

• Deeply engage with the Excess Casualty and Primary GL underwriting teams at both front line and leadership level. Proactively identify opportunities for profitable growth or areas of underwriting concern.
• Build, maintain, and scale pricing models to support the Casualty business units. Ensure consistency in pricing practices across the Casualty business units as appropriate.
• Partner closely with the CUO office to ensure proper pricing model training and drive implementation and adoption of these tools by all Underwriters.
• Engage with Underwriting teams to price large accounts.
• Manage and develop a team of 3-4 casualty pricing actuaries.
• Collaborate with the broader Insurance pricing team (currently ~15 actuaries) across all products offered by Vantage Insurance.
• Provide pricing support and portfolio monitoring for a public entity liability portfolio with delegated authority.
• Perform other actuarial services including monthly rate…