SVP, Head of Bermuda Casualty

Vantage Risk Ltd.; Hamilton; On-site; GBP 205,000 - 247,000; Full time

Job summary

A leading re/insurance company in Scotland is seeking a Head of Bermuda Casualty. Responsibilities include maintaining underwriting standards, developing casualty products, and leading a team. Ideal candidates have a Bachelor's degree and over 15 years of experience in International Casualty. This full-time role offers a base salary between $275,000 - $330,000, a performance-based bonus, and a highly flexible work environment. Vantage values diversity and fosters an inclusive culture.

Benefits

Performance-based bonus

Strong health & welfare benefits

Retirement plans with company match

Competitive time off plans

Flexible work environment

Qualifications

• 15+ years of International Casualty experience.
• Demonstrated experience in developing a profitable casualty portfolio.
• Team player with outstanding interpersonal and negotiation skills.

Responsibilities

• Produce and execute a business plan for Bermuda Casualty products.
• Underwrite and develop a portfolio of Bermuda Casualty products.
• Lead a high performing Underwriting team.

Skills

International Casualty experience

Bermuda Casualty Underwriting and Product acuity

Broker relationships

Team leadership

Data and technology focus

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. 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.

Location

Location: Hamilton, Bermuda

About the role

At Vantage, the Head of Bermuda Casualty will be responsible for maintaining underwriting standards, driving underwriting quality, and balancing capital utilization across the different segments of business. This role reports to our Head of Casualty and is an in-person opportunity based in Vantage’s Bermuda office.

The base salary expectation for this role is between $275,000 and $330,000. The actual base salary and title for the selected candidate may be higher, commensurate with the candidate's 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

• Produce and execute a business plan that demonstrates profitable results for Bermuda Casualty products.
• Underwrite and develop a portfolio of Bermuda Casualty products, with quantified segmentation view.
• Create a KPI driven review to manage and assess portfolio production and performance.
• Lead a high performing Underwriting team, with an environment focused on wellness, diversity, and inclusion.
• Collaboration and assist with review of pricing and exposure management.
• Establishment and accountability of underwriting guidelines and standards.
• Develop an executable Distribution strategy within the Bermuda and London Casualty markets.
• Articulate the Vantage value proposition and maintain an in-depth knowledge of all products and services.
• Collaborate with actuarial team and other stakeholders and colleagues to achieve goals.
• Assist with creation and execution of growth strategies, by identifying areas of opportunity.
• Provide exceptional service to our brokers and client partners.
• Provides thought leadership and support to product initiatives.
• Drive efficiencies and process improvements, with a data and technology focus.
• 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 and 15+ years of International Casualty experience, including handling lead and excess capacity in various industries including but not limited to construction, manufacturing, energy, transportation and miscellaneous industrial.
• Bermuda Casualty Underwriting and Product acuity.
• Superior experience in the casualty external market.
• Established network of broker relationships within the Bermuda and London Casualty network.
• Demonstrated experience in developing, building, and stewarding a profitable casualty portfolio.
• Demonstrated experience in collaborating with Claims, Data, Analytics and Technology.
• Proven experience partnering with Actuarial in the development and refinement of Casualty pricing tools.
• Experience developing and launching new programs into the market space preferred.
• P&L management and strategic planning experience.
• Experience with digital platforms and driving results through automation.
• Team player with outstanding interpersonal, negotiation and organizational influence 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 new-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.

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.