Underwriting Audit Specialist – Hybrid/Remote

Philadelphia Insurance Companies; Glen Allen (VA); Hybrid; USD 70,000 - 78,000; Full time

Benefits offered by this job

Hybrid work model

Remote consideration

Job summary

Philadelphia Insurance Companies, a member of the Tokio Marine Group, is expanding its Compliance team with nationwide consideration for an Underwriting Audit Specialist. This role focuses on 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, and collaborating with underwriting management to implement improvements.

Qualifications

• 3+ years of 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 solutions.
• Detail oriented with strong organizational and planning skills.
• Ability to work independently and as part of a team.
• Excellent communication and interpersonal skills.

Responsibilities

• Conduct audits on new and renewal property and casualty policies.
• Assess risk selection, adherence to guidelines, rating accuracy, data integrity and regulatory compliance.
• Compile audit results and review with Underwriting management.
• Analyze data to identify factors and develop action plans for the business unit.
• Collaborate with Underwriting management to implement recommendations and revise guidelines/processes.
• Develop training materials and conduct training.

Skills

Underwriting experience

Detail oriented

Communication skills

Teamwork

Independent work

Education

Bachelor's degree or equivalent

Job description

Philadelphia Insurance Companies, a member of the Tokio Marine Group, is expanding its Compliance team with nationwide consideration for an Underwriting Audit Specialist. This role focuses on 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, and collaborating with underwriting management to implement improvements.