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
Based in Bermuda, the Pricing Actuary, Reinsurance, will play a key role in supporting the actuarial pricing function for the Bermuda reinsurance platform. This is an excellent opportunity for a recently qualified or close to qualified actuary to deepen their technical pricing skills, gain direct underwriting exposure, and contribute to the development of sophisticated actuarial models and portfolio analytics in a fast‑growing specialty reinsurance environment. You will be part of a collaborative actuarial team that partners closely with underwriting, reserving, finance, risk, and data science colleagues, with strong mentorship and clear development pathways.
Benefits
Base salary for the selected candidate will be commensurate with candidate 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
- Support the pricing of reinsurance risks across Specialty lines, Property (cat and non‑cat), and Emerging Risks.
- Assist in the development, parameterization, and maintenance of stochastic pricing models used by Bermuda reinsurance underwriters.
- Perform exposure analysis, experience studies, pricing adequacy reviews, and portfolio rollups.
- Support underwriting decision‑making by producing timely, high‑quality actuarial analyses and pricing recommendations.
- Contribute to the monitoring and pricing of delegated authority and portfolio transactions.
- Assist in competitor benchmarking, market research, and pricing tool enhancements.
- Work with catastrophe models and external vendor tools (e.g. RMS, AIR, CyberCube) under senior guidance.
- Collaborate with data scientists and engineers to enhance datasets, automate processes, and improve analytical efficiency.
- Support regulatory and internal reporting requirements as needed.
- Continuously develop technical, commercial, and communication skills through on‑the‑job learning and formal study.
Ideal Candidate Profile
- Recently qualified or close to qualified actuary (ACAS / FIA or equivalent).
- Bachelor’s degree in actuarial science, mathematics, statistics, economics, finance, or a related field.
- 5+ years of actuarial experience required.
- P&C re/insurance experience preferred.
- Strong quantitative and analytical skills, with an interest in stochastic modeling and portfolio analytics.
- Proficiency or developing capability in actuarial tools and programming languages such as R, Python, SQL, or similar.
- Exposure to catastrophe or specialty risk models (AIR, RMS, CyberCube, Cyence) is advantageous but not required.
- Clear communicator with the ability to explain technical concepts to non‑actuarial stakeholders.
- Curious, motivated, and eager to learn in a dynamic, entrepreneurial reinsurance environment.
- Comfortable working both independently and collaboratively across teams.
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.
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 yourself. We are proud to be an equal opportunity employer.
Pricing Actuary, Reinsurance in Hamilton employer: Vantage Risk Ltd.
Vantage is an exceptional employer that fosters a dynamic and collaborative work culture, perfect for those looking to thrive in the fast-paced world of Specialty Insurance and Reinsurance. With a strong emphasis on employee growth, we offer comprehensive benefits including competitive salaries, performance-based bonuses, and a flexible work environment, ensuring our team members are well-supported as they tackle new challenges and enhance their skills. Join us in a role where your analytical expertise will be valued and your contributions will directly impact our ambitious goals.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Actuary, Reinsurance in Hamilton
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
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Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Vantage Risk Ltd..
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Vantage Risk Ltd.. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Vantage Risk Ltd.
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Vantage Risk Ltd. to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Vantage Risk Ltd., they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Vantage Risk Ltd.'s values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
