Underwriting Audit & Compliance Specialist

First Insurance Company Of Hawaii; Walnut Creek (CA); Hybrid; USD 70,000 - 78,000; Full time

Benefits offered by this job

Hybrid work model

Remote work flexibility

Job summary

Philadelphia Insurance Companies, a member of the Tokio Marine Group, is expanding our Compliance team with nationwide consideration for an Underwriting Audit Specialist. A typical day includes auditing new and renewal property and casualty policies, assessing risk selection, guidelines adherence, rating accuracy and data integrity, and presenting findings to Underwriting management.

We offer a hybrid work model with remote consideration and opportunities for professional training and career

Qualifications

• At least 3+ years’ underwriting experience with a commercial insurer.
• Bachelor's Degree or equivalent work experience.
• Knowledge of state insurance laws and regulations.
• 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 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 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

Analytical thinking

Excellent communication

Teamwork

Detail oriented

Education

Bachelor's Degree

Equivalent work experience

Job description

Philadelphia Insurance Companies, a member of the Tokio Marine Group, is expanding our Compliance team with nationwide consideration for an Underwriting Audit Specialist. A typical day includes auditing new and renewal property and casualty policies, assessing risk selection, guidelines adherence, rating accuracy and data integrity, and presenting findings to Underwriting management.

We offer a hybrid work model with remote consideration and opportunities for professional training and career