Sr. Quality Assurance Consultant

Munich Re Careers•Batavia Township, OH

3d•Hybrid

About The Position

American Modern Insurance Group, Inc., a Munich Re company, is a specialty insurance leader providing products for residential property and the recreational market. We offer specialty product solutions that cover unique risks. Headquartered in Amelia, Ohio, with associates across the United States, we are part of Munich Re’s Global Specialty Insurance division. Our employees have opportunities for career growth in a flexible environment that supports work-life balance. The purpose of this role is to lead and/or oversee projects and key deliverables for Corporate Underwriting activities, ensuring Quality Assurance and Risk Management principles are applied throughout the Pricing & Underwriting Division.

Requirements

Advanced experience with MS Word, Excel, Power Point and Outlook
Bachelor’s degree with a major in business, finance, risk management or related area with additional insurance and management related coursework or competencies gained through Underwriting, Audit or Finance experience.

Responsibilities

Maintains and oversees the company’s Underwriting Management Ecosystem, including portfolio composition, underwriting strategies, underwriting authorities, quality assurance processes, and referral requirements.
Serves as the Team Lead for the annual Business Continuity Plan for the Pricing and Underwriting Division, identifying core processes for each department in cooperation with IRM.
Conducts Delegated Underwriting Authority (DUA) Reviews to ensure users of DUA make business decisions in accordance with granted authority.
Oversees annual Large Deal Referral analyses for distribution partners with significant Written Premium or catastrophe exposure to mitigate accumulation risk.
Ensures the companywide Underwriting Strategy remains updated, reflects the organization’s underwriting risk appetite, and includes annual monitoring of Delegated Underwriting Authority Letters of Authority.
Evaluates risks by analyzing financial data and assessing risk factors to ensure the company operates within its underwriting risk tolerance.
Creates and assesses processes that optimize underwriting risk to drive sustainable, predictable profit, including devising early warning systems.
Consults with business stakeholders using design thinking principles, analyzes complex problems or opportunities, and develops data-driven proof of concepts to support strategic decision making.
Develops guidelines, models, best practices, quality assurance standards, and methods, including identifying emerging risks and market trends for proactive market cycle management.
Uses business intelligence tools and data visualization techniques to represent data for financial storytelling, identifying trends, and developing preventative actions to drive profitability.
Conducts data-driven analyses leveraging risk-based methodology.
Participates in the annual cycle of Risk Control Self-Assessment regarding conformance with the Operational Risk Control System for the development, monitoring, and modification of operational controls.

Benefits

Health insurance (PPO or High Deductible options)
Supplemental Life and AD&D plans
Voluntary Benefit plans (Accident, Critical Illness and Hospital Indemnity)
Prescription drug coverage
Short and Long Term Disability coverage
Vision and dental insurance plans
401k plan with up to a 5% employer match
Retirement savings plan (100% company funded)
24 days of paid time off annually, with additional days for milestone anniversaries
Eligibility for a yearly bonus
Health and wellness programs
Hybrid work environment
Corporately subsidized on-site cafeteria
We Proudly Serve coffee shop
On-site complimentary workout facility
Walking trails on campus grounds
On-site wellness center with nurse practitioner
Financial assistance for adoptions and infertility treatment
Paid time off for eligible family care needs
Tuition assistance and educational achievement bonuses
Free parking
Corporate matching gifts program
Paid time off to volunteer in the community