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

• 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.
• Professional designations such as CPCU, AU, AINS, ARM, or other relevant insurance or compliance-related designations preferred.

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 with the team. Remote consideration will be given to qualified candidates located outside of the primary geographic region.

Benefits

• Comprehensive benefit package including tuition reimbursement.
• Generous 401(k) match.