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. Philadelphia Insurance Companies is expanding our Compliance team with Nationwide consideration for an Underwriting Audit Supervisor.
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
Qualifications
- 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
- Preferred professional designations: CPCU, AU, AINS, ARM, or 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