Underwriting Audit Specialist
: Job Details :


Underwriting Audit Specialist

CHURCH MUTUAL INSURANCE COMPANY

Location: Merrill,WI, USA

Date: 2024-12-25T08:41:35Z

Job Description:

Introduction

Looking to join a vibrant organization that makes a difference?

At Church Mutual, we Stand for Good: Our work is powerful, inspiring and meaningful because we serve those who serve others. We specialize in insuring purpose-driven organizations, leading the way in markets that include nonprofit and human services organizations, religious institutions of all denominations, schools, senior living communities, and camps and outdoor recreation facilities. We foster a workplace where all employees are treated with dignity and respect. Diversity, inclusion and belonging are woven into the fabric of our company through our customers, employees, leadership, business relationships and outreach programs.

What you'll be doing:

Manage and conduct independent underwriting audits for all lines of business for the underwriting operations of Church Mutual Group, including subsidiary companies and their respective underwriters or producers with delegated underwriting authority. Summarizes findings in audit reports and provides recommendations to the affected business and corporate underwriting. Follows up on all recommendations until resolution of the audit subject matter is achieved satisfactorily.

This is a hybrid position that requires 2 days per week in the office and can be based in either of these 3 office locations:

1) Milwaukee, WI2) Madison, WI3) Merrill, WI

On any given day, you'll:

* Plan and establish audit schedules, assuring all underwriting operations are audited on an agreed timeline.

* Develop and maintain internal audit standards and procedures, including documentation, auditing criteria, forms, and specific areas to be covered.

* Develop and maintain appropriate audit criteria based upon specific underwriting authority delegated to each subsidiary and their respective underwriters, including employees, contractors, or producers that may hold underwriting authority, such as classes of business, limits of insurance, pricing, and policy terms and conditions.

* Review files, analyzing quality and selection, quoting, pricing, and insurance of new and renewal business to determine if it is in accordance with Company's current underwriting guidelines.

* Write audit reports, including findings and recommendations, and obtain appropriate reviews and approvals.

* Work with affected underwriting operations to develop responses and necessary actions responsive to audit findings.

* Maintain written responses to audit findings and follow up until all issues have been resolved.

* Create and lead intercompany audit teams auditing underwriting operations against audit criteria.

* Provide direction into corporate underwriting guidelines, philosophies, and general directive.

* Actively look for opportunities and recommend efficiencies to improve underwriting performance and processes.

* Significant travel, up to 25%, will be required, with overnight stays necessary.

Here's what we expect

* Bachelor's degree required or a combination of intermediate to complex account underwriting experience and industry specialized training will be considered in place of a bachelor's degree.

* Prior auditing experience preferred.

* Minimum of 10 years' experience in a professional insurance position in property/casualty insurance plus completion of the AU designation or two parts of CPCU may satisfy the need to have ten years' underwriting experience.

* Significant knowledge of the property and casualty industry is required, with knowledge of surplus and specialty lines preferred.

* Understand state and federal regulatory environments.

* Capable of effectively reviewing and auditing financial and other files and making decisions from the findings.

* Must have in?depth knowledge of the underwriting function and insurance coverages, underwriting process, and compliance procedures for our chosen markets (places of worship, camps, schools, senior living facilities, denomination and association offices, and other religious ministries).

* Proven ability to be a critical thinker to identify and analyze exposures, recognize areas of concern, and develop appropriate solutions.

* Ability to maintain strong working relationships with all underwriting operations, including subsidiary companies.

* Well?developed ability to explain decisions to others and negotiate appropriate solutions.

* Demonstrates effective organization and workload management skills.

* Strong attention to detail.

* Strong analytical skills required.

* Proven ability to work independently.

* Ability to travel determined by business needs.

Church Mutual is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.

Exact compensation will vary based on consideration of a variety of factors including education, skills, experience, and location.

#LI-hybrid

Minimum Compensation

USD $102,100.00/Yr.

Maximum Compensation

USD $153,200.00/Yr.

Apply Now!

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