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About the Role

The VP, Underwriting - Financial Institutions is responsible for building and underwriting a diverse profitable book of new and renewal Financial Institutions business. This role requires extensive knowledge of complex financial institutions risks, strong leadership abilities, and a proven track record of driving profitable growth. The position reports to the SVP Head of Financial Institutions.

Responsibilities

• Review submissions to ensure alignment with risk appetite and business strategy.
• Develop and maintain productive working relationships with key brokers and wholesalers nationwide.
• Generate new business by leveraging and cultivating new and existing broker/client relationships to develop innovative ways to deploy Financial Institutions products and solutions.
• Analyze complex risks and unusual transaction structures thoroughly and effectively.
• Perform underwriting activities associated with managing all underwriting transactions, service standards, 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.
• Mentor and coach junior underwriters both technically and professionally.

Requirements

• Bachelor’s degree in Finance, Business Administration, or related discipline required or equivalent professional experience.
• Minimum of 10 years of Financial Institutions Underwriting experience preferred.
• Demonstrated knowledge and skills to support leadership in scaling a profitable portfolio.
• Established network of broker relationships and strong reputation within the Financial Institutions network.
• Deep Financial Institutions underwriting and product acuity.
• Excellent written and verbal communication skills with strong attention to detail.
• Ability to process and adapt to change in a rapid growth and data-driven environment.
• Willingness to travel (up to 25%).
• Associates are expected to be curious, thrifty, and resourceful to manage through the unknowns of growing a specialty re/insurance business.

Skills

• Financial Institutions Underwriting
• Leadership
• Risk Analysis
• Broker Relationship Management
• Product Acuity
• Communication Skills
• Attention to Detail
• Adaptability
• Customer Service

Location

• New York City
• Chicago

Work Type

• Hybrid

Experience Level

• 10+ years

Education Level

• Bachelor's degree in Finance, Business Administration, or related discipline or equivalent professional experience

Salary/Compensations

• $220,000 - $275,000

Benefits

• Performance-based bonus potential
• Strong health & welfare benefits
• Retirement plans with company match
• Competitive time off plans
• Highly flexible work environment

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.