Enterprise Risk Management Senior Analyst - Vantage Risk Companies
Chicago, IL 60601
About the Job
Enterprise Risk Management Senior Analyst
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 340 colleagues in both the United States and Bermuda. We have offices in Chicago, IL, Norwalk, CT, Alexandria, VA, Boston, MA, New York, NY, and Hamilton, Bermuda. Additionally, we are a highly geographically diverse workforce with colleagues based in 25 states and counting. We fully support work flexibility including remote and hybrid work arrangements.
Role: Enterprise Risk Management Senior Analyst
Location:Chicago area preferred
At Vantage, the Enterprise Risk Management Senior Analyst will play a critical role in risk reporting and continuing our buildout of the ERM function at Vantage. The goal of this position is to deliver data-driven insights derived from exposure analysis, catastrophe models, and internal models to leadership and the business. Exposures span a wide range of different types of business and will evolve as Vantage evolves. The role reports to the Group ERM Lead and is a remote and/or hybrid position based in one of our US offices, although Chicago area is preferred.
The base salary expectation for this role is between $110,000 and $150,000. Actual base salary for the selected candidate may be higher commensurate with candidate experience; title and expectations will be similarly dependent on candidate experience. 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:
Primary:
- Collect and track key aggregation risk metrics across the portfolio of risks and products and present relevant findings to leadership and the business
- Continuously work to enhance the process, improve repeatability, and expand the scope of the risk reporting function across insurance and reinsurance business areas and key exposure types, e.g., property, marine, cyber, excess casualty, financial lines
- Partner with underwriting, pricing, reserving, finance, and ERM to collect exposure data and ensure consistency
- Assist in collecting and reporting risk metrics to regulators and other outside stakeholders
- Support continued development of the risk management framework
- Build internal tools and/or models to support the needs of the organization, with a focus on underwriting
Additional / Supporting:
- Assist with research and analysis around emerging risk topics, like climate change, trends in litigation, or the business cycle
- Assist in exploring new modeling tools that can assist Vantage in enhancing efficiency, accuracy, and scope
- Perform risk/return analysis to support strategic decisions on risk management, including risk limits, reinsurance purchasing, etc.
- Ensure best practices and data quality in within the risk management area
- Remain current on industry trends, tools, and techniques
Ideal Candidate Profile:
- 3-7 years of CAT modeling, pricing, exposure management, or other broad insurance analytics experience
- Deep experience with SQL and related programs
- Experience with natural CAT analytics concepts and tools; experience with cyber and casualty solutions a plus
- Proven track record of collaborating with business partners and thinking strategically
- Experience in data visualization, programming, building databases and working in a cloud environment a plus
- A deep curiosity and motivation to learn about unfamiliar types of exposures and collaborate with business leaders to develop meaningful metrics
- Bachelor's degree in finance, science, or a related quantitative field; or the equivalent in related work experience.
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.
In connection with our business, Vantage may collect and process your personal data. For further information regarding how we use this data, please see our online privacy notice at https://www.vantagerisk.com/privacy-policy/
ADA Notice: All applications shall be submitted online through our applicant tracking system. Candidates needing reasonable disability accommodation to enable them to apply and/or fully participate in the selection process are encouraged to email recruiting@vantagerisk.com with the subject Candidate ADA Request detailing their needs. Please note the above email box is for candidates needing reasonable disability accommodation only, emails submitting resumes will not be considered and those seeking application status updates will go unanswered.