Remote-Eligible Underwriting Audit Specialist

Philadelphia Insurance Companies; Bala Cynwyd (PA); Hybrid; USD 70,000 - 78,000; Full time

Benefits offered by this job

Tuition reimbursement

401K match

Hybrid work model

Remote work options

Job summary

Philadelphia Insurance Companies, a Tokio Marine Group member, is expanding its Compliance team with nationwide consideration for an Underwriting Audit Specialist. This role performs property and casualty policy audits to ensure compliance with state regulations and company policies, focusing on risk selection, rating accuracy, data integrity and regulatory adherence.

A typical day includes auditing new and renewing policies, compiling audit results for management, performing data analysis to

Qualifications

• 3+ years underwriting experience with a commercial insurer.
• 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

• Audit new and renewal property and casualty policies across niche products and perform ad hoc big data analytics.
• Assess risk selection, adherence to underwriting guidelines, rating accuracy, data integrity and regulatory compliance.
• Compile and distribute audit results and review with Underwriting management.
• Analyze data to identify causal factors and develop action plans for business units.
• Collaborate with Underwriting management to implement recommendations and update guidelines/processes.
• Develop training programs and training materials and conduct sessions.

Skills

Underwriting

Data analysis

Communication

Organization

Education

Bachelor's Degree or equivalent

Job description

Philadelphia Insurance Companies, a Tokio Marine Group member, is expanding its Compliance team with nationwide consideration for an Underwriting Audit Specialist. This role performs property and casualty policy audits to ensure compliance with state regulations and company policies, focusing on risk selection, rating accuracy, data integrity and regulatory adherence.

A typical day includes auditing new and renewing policies, compiling audit results for management, performing data analysis to