Underwriting Audit Supervisor

Philadelphia Insurance Companies•West Linn, OR

3d•Hybrid

About The Position

Philadelphia Insurance Companies, a member of the Tokio Marine Group, designs, markets and underwrites commercial property/casualty and professional liability insurance products for select industries. We have been in operation since 1962 and are nationally recognized as a member of Ward's Top 50 and rated A++ by A.M.Best. Philadelphia Insurance Companies is expanding our Compliance team with Nationwide consideration for an Underwriting Audit Supervisor. The Underwriting Audit Supervisor is responsible for the oversight, administration, and continuous improvement of the Company's underwriting audit program. This position oversees audit staff and activities designed to evaluate adherence to underwriting guidelines, regulatory requirements, company policies, and operational standards. The role provides management with actionable insights regarding underwriting performance, risk exposure, documentation quality, and compliance trends while fostering a culture of accountability and continuous improvement throughout the underwriting organization. The position serves as a key liaison between Compliance, Underwriting, Training, Legal, and Executive Leadership.

Requirements

Bachelor's Degree in Business Administration, Insurance, Risk Management, Finance, Accounting, or related field required.
Minimum 7-10 years of commercial underwriting, underwriting compliance, quality assurance, auditing, or related insurance experience.
Minimum 3 years of leadership, supervisory, or management experience preferred.
Experience conducting underwriting file reviews and compliance assessments.
Experience presenting results to senior leadership and managing corrective action initiatives.

Nice To Haves

CPCU / AU / AINS / ARM / Other relevant insurance or compliance-related designations

Responsibilities

Oversee the Company's underwriting audit program.
Assist in developing annual audit plans, priorities, and audit methodologies.
Ensure audits are performed in accordance with departmental standards and established procedures.
Manage workload distribution and quality control for audit personnel.
Monitor departmental productivity, audit completion rates, and reporting timelines.
Evaluate underwriting files for compliance with company underwriting guidelines, regulatory requirements, authority levels, and documentation standards.
Identify operational, regulatory, and underwriting risks through analysis of audit findings.
Ensure consistency in audit scoring, findings, recommendations, and reporting.
Maintain awareness of changing insurance regulations and underwriting practices impacting audit requirements.
Analyze audit results to identify trends, recurring issues, best practices, and opportunities for improvement.
Develop executive-level reports, dashboards, and performance metrics.
Present audit findings and recommendations to Underwriting Leadership, Compliance Leadership, and Executive Management.
Monitor corrective action implementation and measure effectiveness over time.
Partner with Underwriting Management to develop corrective action plans resulting from audit findings.
Track remediation efforts and verify completion of corrective actions.
Recommend process improvements, procedural enhancements, and operational efficiencies.
Lead special projects designed to improve underwriting quality and consistency.
Identify training opportunities based on audit results and compliance trends.
Collaborate with Training and Underwriting Management to develop educational materials and targeted learning initiatives.
Mentor and develop audit staff through coaching, performance feedback, and professional development planning.
Promote knowledge sharing and best practices throughout the organization.
Train, develop, and retain underwriting audit personnel.
Establish departmental goals, objectives, and performance standards.
Conduct employee performance reviews and career development discussions.
Foster a collaborative and professional work environment focused on accountability and continuous improvement.