Underwriting Audit Specialist - Remote & Compliance Focus

Philadelphia Insurance Companies; Mission Viejo (CA); Hybrid; USD 70,000 - 78,000; Full time

Benefits offered by this job

Tuition reimbursement

401K match

Volunteer benefits

Paid vacation

Medical benefits

Educational incentives

Family friendly benefits

Investment incentives

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 audits of commercial property/casualty policies, data-driven insights, and collaboration with underwriting management to improve guidelines and processes.

Responsibilities include performing audits, ensuring regulatory compliance, and developing training programs.

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.
• Assess risk selection quality, adherence to underwriting guidelines, rating accuracy, data integrity and regulatory compliance.
• Compile and distribute audit results as well as review with Underwriting management.
• Data analysis to identify causal factors and 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

Regulatory knowledge

Communication skills

Analytical thinking

Detail oriented

Team collaboration

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 audits of commercial property/casualty policies, data-driven insights, and collaboration with underwriting management to improve guidelines and processes.

Responsibilities include performing audits, ensuring regulatory compliance, and developing training programs.