Underwriting Audit Specialist
About The Position
Responsible for performing property and casualty policy audits to ensure policies are in compliance with state regulations and in accordance with established company policies and procedures. A typical day will include the following: Conduct audits on new and renewal property and casualty policies for a wide variety of our niche products as well as ad-hoc big data analytics. Assessment includes the quality of risk selection, adherence to established 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.
Requirements
- 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 for a wide variety of our niche products as well as ad-hoc big data analytics.
- Assessment includes the quality of risk selection, adherence to established 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.
Benefits
- tuition reimbursement
- a generous 401K match
- growth potential
- internal career opportunities
- Volunteer Benefits
- Paid Vacation
- Medical Benefits
- Educational Incentives
- Family Friendly Benefits
- Investment Incentives
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
