Compliance Specialist

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. We fully support work flexibility including remote and hybrid work arrangements.

About the role:

We are seeking a forward-thinking and enthusiastic Compliance Specialist to assist the Insurance Compliance team with multiple regulatory compliance functions. This position will engage in a variety of regulatory and compliance projects and be the primary contact for company producer and adjuster licensing. This is an excellent opportunity for an organized and self-motivated individual who thrives in a fast-paced environment. The Compliance Specialist will be part of a highly collaborative Legal, Product and Compliance team whose contributions are crucial to the ambitious goals of this fast-growing company.

The base salary expectation for this role is between $120,000 and $140,000. 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:

• Regulatory reporting functions for legal entities engaged in admitted and non-admitted insurance business, including assistance with the submission of timely and accurate regulatory reports to various state and federal agencies.
• Obtaining company adjuster licenses, processing license renewals, analysis of continuing education requirements and monitoring timely compliance. Maintaining centralized, organized, and accessible licensing records to demonstrate compliance.
• Processing of producer license applications, including new and renewal applications. Maintaining centralized, organized, and accessible records to demonstrate compliance.
• Processing time-sensitive insurer regulatory appointments for Vantage brokers. Maintenance, auditing, tracking and timely renewals and terminations of regulatory appointments.
• Assisting in the coordination of responses on regulatory matters such as complaints and inquiries as needed.
• Participating in a wide variety of Compliance projects and activities.

Ideal Candidate Profile:

• Bachelor’s degree or equivalent professional experience preferred.
• Property and Casualty insurance experience desired.
• At least 5 years of progressive knowledge and experience in insurance regulatory reporting (both admitted and surplus lines) required.
• Strong communication and organizational skills.
• Ability to process and adapt to change in a rapid growth 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.

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.