Underwriting Audit Supervisor
About the role
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. The company is expanding its Compliance team with nationwide consideration for an Underwriting Audit Supervisor.
Responsibilities
- Audit Leadership: 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.
- Underwriting Compliance Oversight: 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.
- Reporting and Analysis: 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.
- Corrective Action and Process Improvement: 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.
- Training and Development: 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.
- Staff Management: 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.
Qualifications
- Education: Bachelor's Degree in Business Administration, Insurance, Risk Management, Finance, Accounting, or related field required.
- Experience: 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.
- Professional Designations: Preferred CPCU / AU / AINS / ARM / Other relevant insurance or compliance-related designations.
Pay
National range: $102,200.00 – $114,200.00. Ultimate salary offered will be based on factors such as applicant experience and geographic location.
Schedule
Hybrid work model with flexibility to work remotely while maintaining meaningful in-office collaboration; remote consideration will be given to qualified candidates located outside of the primary geographic region.
Benefits
- Comprehensive benefit package including tuition reimbursement and a generous 401K match.