Vice President Risk Quant Jobs in Illinois (NOW HIRING)

Position Summary

The Vice President, Risk & Portfolio Analytics role will be based in our Chicago office and will support and help advance the analytics function across the Avoca Risk platform. This role is well suited for a high-potential analytical professional with approximately 3–5 years of relevant insurance, actuarial, catastrophe modeling, or portfolio analytics experience who is interested in growing into a broader leadership role over time.

The successful candidate will bring strong technical capability, sound commercial judgment, and a desire to develop as a leader. Working closely with underwriting, technology, finance, actuarial, and risk capital stakeholders, this individual will contribute to portfolio reporting, pricing analysis, catastrophe risk insight, business intelligence, and product review while continuing to build executive communication and team leadership skills.

Key Responsibilities

·       Support the analytics function by producing portfolio reporting, performance analysis, and actionable insight into underwriting trends across the group.

·       Translate complex data into clear decision support for senior leadership, underwriting teams, and external stakeholders through well-structured reports, exhibits, and data visualizations.

·       Contribute to business intelligence and reporting capabilities, including the continued development of the reporting dashboard platform and other automated reporting tools in partnership with the software development team.

·       Provide regular management reporting on key portfolio KPIs across the underwriting platform.

·       Assist with actuarial and exposure management activities, including rate methodology reviews, pricing adequacy assessments, exposure monitoring, and portfolio trend analysis by geography and class of business.

·       Produce ad hoc portfolio and carrier analytics, including premium, aggregate, and modeling projections, to support business planning and stakeholder requests.

·       Perform actuarial and portfolio analysis, including loss ratio projections, technical loss picks, projection support, and coordination with external actuarial partners where appropriate.

·       Support catastrophe risk modeling workflows for property lines and provide concise, decision-ready exposure accumulation reporting to business leaders.

·       Review new products and contract structures in partnership with senior stakeholders to assess pricing adequacy, technical soundness, and readiness for market rollout.

·       Establish and maintain documentation for pricing frameworks, portfolio modeling methodologies, and internal analytics processes.

·       Demonstrate leadership potential by mentoring junior analysts, contributing to team best practices, and building the skills needed to grow into broader people or functional leadership responsibilities.

QualificationsThe ideal candidate will bring strong analytical capability, insurance acumen, and the interest and aptitude to grow into a broader leadership role.Key Qualifications:

·       Approximately 3–5 years of relevant experience within an insurance carrier, reinsurance company, underwriting agency, MGA/MGU, or international insurance or reinsurance broker.

·       A strong foundation in actuarial science, insurance analytics, risk modeling, or a related quantitative discipline; progress toward ACAS, FCAS, or an equivalent analytical credential is preferred.

·       Working knowledge of ISO-based pricing methodologies and commercial property and casualty rating structures.

·       Experience working with risk modeling platforms, including RiskModeler (RMS), or a demonstrated ability to quickly learn similar tools.

·       Hands-on experience with analytical and reporting tools such as SQL, Python, Power BI, Sigma, or proprietary insurance systems.

·       Ability to communicate complex analytical issues clearly and credibly to business partners, underwriting teams, and senior stakeholders.

·       Emerging leadership capability, including the interest and aptitude to mentor others, influence cross-functional partners, and grow into broader team leadership responsibilities over time.

·       A collaborative, intellectually curious approach with the confidence to provide independent challenge and constructive insight together with the ability to communicate complex themes clearly at all levels of the organization and to key stakeholders.

SSalary Range: $90,000-$130,000

Employment Type: FULL_TIME