Hybrid Underwriting Audit Specialist – Compliance & Analytics

Philadelphia Insurance Companies; Seattle (WA); Hybrid; USD 70,000 - 78,000; Full time

Benefits offered by this job

Tuition reimbursement

401K match

Job summary

Philadelphia Insurance Companies, a Tokio Marine Group member, is seeking an Underwriting Audit Specialist with nationwide consideration. You will audit property and casualty policies to ensure regulatory and internal guideline compliance.

Responsibilities include auditing policies, assessing risk, compiling results, and collaborating to implement guidelines and training. A Bachelor’s degree and 3+ years underwriting experience required.

Qualifications

• At least 3+ years’ underwriting experience with a commercial insurance carrier.
• Bachelor's Degree and/or equivalent work experience
• Knowledge and understanding of state laws and regulations regarding insurance
• Ability to gather and interpret information to develop, recommend and implement solutions.
• Detail oriented with excellent organizational and planning skills
• Ability to work independently and with a team
• Excellent communication and interpersonal skills

Responsibilities

• Conduct audits on new and renewal property and casualty policies for a wide variety of niche products and ad-hoc analytics.
• Assessment includes the quality of risk selection, adherence to underwriting guidelines and procedures, rating accuracy, data integrity and regulatory compliance.
• Compilation and distribution of audit results as well as review with Underwriting management.
• Data analysis to identify causal factors and to develop action plans for the corresponding business unit.
• Collaborate with Underwriting management in the implementation of recommendations including development of new or revisions to existing guidelines and/or processes, technological enhancements and training.
• Develop training programs including preparation of training materials and conducting training.

Skills

Underwriting experience

Independent work

Communication

Detail orientation

Organizational skills

Team collaboration

Education

Bachelor's Degree or equivalent

Job description

Philadelphia Insurance Companies, a Tokio Marine Group member, is seeking an Underwriting Audit Specialist with nationwide consideration. You will audit property and casualty policies to ensure regulatory and internal guideline compliance.

Responsibilities include auditing policies, assessing risk, compiling results, and collaborating to implement guidelines and training. A Bachelor’s degree and 3+ years underwriting experience required.