Hybrid/Remote Underwriting Audit Specialist

Philadelphia Insurance Companies; Timonium (MD); Hybrid; USD 70,000 - 78,000; Full time

Benefits offered by this job

401K match

Tuition reimbursement

Hybrid work model

Job summary

Philadelphia Insurance Companies, a Tokio Marine group member, is expanding its Compliance team with an Underwriting Audit Specialist role, nationwide consideration. You will perform property and casualty policy audits to ensure compliance with state regulations and company policies.

A typical day includes auditing new and renewal policies, assessing risk selection and rating accuracy, compiling audit results, analyzing data to identify factors, and collaborating with underwriting management to

Qualifications

• 3+ years underwriting experience with a commercial insurance carrier.
• Knowledge of state insurance laws and regulations.
• Ability to gather and interpret information to develop, recommend and implement solutions.
• Detail oriented with strong organizational and planning skills.
• Ability to work independently and with a team.
• Excellent communication and interpersonal skills.

Responsibilities

• Conduct audits on property and casualty policies for a wide variety of products.
• Assess risk selection, adherence to underwriting guidelines and rating accuracy.
• Compile and distribute audit results and review with underwriting management.
• Analyze data to identify causal factors and develop action plans for the business unit.
• Collaborate with underwriting management to implement recommendations and training.
• Develop training materials and conduct training sessions.

Skills

Underwriting experience

Regulatory knowledge

Communication skills

Analytical ability

Teamwork

Education

Bachelor’s Degree

Job description

Philadelphia Insurance Companies, a Tokio Marine group member, is expanding its Compliance team with an Underwriting Audit Specialist role, nationwide consideration. You will perform property and casualty policy audits to ensure compliance with state regulations and company policies.

A typical day includes auditing new and renewal policies, assessing risk selection and rating accuracy, compiling audit results, analyzing data to identify factors, and collaborating with underwriting management to