Underwriting Associate

BGSF has joined with a large insurance company in search of a Underwriting Audit Specialist. This is a great opportunity for someone looking to grow their career.

Essential Duties and Responsibilities:

• Handle the review and quality checks of various insurance and non-insurance related projects, ensuring that compliance with external and internal regulations are met.
• Develop, enhance and maintain audit procedural checkpoints, methods and techniques in order to validate information and minimize risk.
• Coordinate with MGU management to prepare for carrier audits and to provide appropriate internal support to ensure audits are executed smoothly.
• Coordinate responses from MGU management for audit inquiries for carriers or post–audit actions.
• Work with other team members to facilitate Carrier Audit support management for MGUs requiring additional assistance where needed.
• Work with the MGUs to make the necessary improvements and implement best practices following carrier audit reports and recommendations.
• Analyze, review and address breaches of delegated authority to ensure integrity of products and procedures.
• Manage the quality assurance process to review all lines of business setups in the main policy management system, identifying any areas of concern and working with the IT and Implementation teams to make sure corrections are made and adherence to carrier agreements are sound.
• Conduct quality assurance reviews of underwriting files to identify quality of the file hygiene and provide feedback on areas of improvement in order to operate at optimal standards and within best practice requirements.
• Organize, maintain and review 130+ carrier agreements, catalogue, quality control agreements and continually update information while coordinating with Legal, Compliance, IT and business leadership.
• Work with other team members to facilitate Carrier Audit support management for MGUs requiring additional assistance where needed.

Education/ Experience/ Skills:

• Minimum of 3 years with an Insurance organization in the capacity as a carrier or compliance auditor or a similar background with respects to quality control or audit review.
• Experience on Microsoft Office, required
• Bachelor's Degree, preferred

Only candidates with backgrounds who match our client's requested experience will be contacted. Do not take this as a poor reflection on your experience, just a decision for the specific needs of our client's project/job. We look forward to working with you.