Senior Underwriting Audit & Compliance Analyst

Philadelphia Insurance Companies; Leawood (KS); Hybrid; USD 70,000 - 78,000; Full time

Benefits offered by this job

Hybrid work model

Remote consideration

Job summary

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

A typical day includes auditing new and renewal policies, assessing risk, and compiling results for underwriting management, with opportunities to develop training and drive process improvements.

Qualifications

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

Responsibilities

• Conduct audits on new and renewal property and casualty policies across niche products and ad-hoc big data 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 and 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

Communication skills

Interpersonal skills

Education

Bachelor's Degree or equivalent

Job description

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

A typical day includes auditing new and renewal policies, assessing risk, and compiling results for underwriting management, with opportunities to develop training and drive process improvements.