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Responsible for working with the underwriters, claim adjusters, and executive management in the development and implementation of annual audits and other company policies and procedures. The primary responsibilities of the position are described below.
Key Accountabilities/Deliverables:
Assist to oversee the annual audit schedule for the Financial Services Division including coordinating underwriting and claim audits, follow up on timely completions and follow up on outstanding items identified in the audits.
Use audit findings to identify patterns, trends, strengths, and opportunities for improvement.
Complete and issue audit reports to audit clients and executive management.
Compile audit findings into a quarterly report submitted to the Chief Underwriting Officer.
Assist in ongoing development and refinement of audit processes and procedures.
Assist in various compliance tasks to include the following:
Initial Audits within 90 days of new agency launch
E&Y Audits for SOX testing
In addition to the above key responsibilities, you may be required to undertake other duties from time to time as the Company may reasonably require.
Technical Knowledge and Understanding:
Knowledgeable in creating and using Excel functions, such as pivot tables, macros, and v-lookups.
Knowledgeable in data analytics
Knowledgeable in Financial Services products
Knowledgeable in Property & Casualty insurance
Knowledgeable in underwriting and claim audit best practices
Experience:
Bachelor’s Degree
3-5 years’ experience in Insurance Operations, preferred focus on auditing
Experience in managing varied priorities concurrently while meeting deadlines and service expectations
Advanced Excel
Project Management experience
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Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa for this position.
#LI-Hybrid
#LI-Remote
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At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program
Top Skills
What We Do
Core Specialty, through its subsidiary insurers, offers a diversified range of property, casualty, and marine insurance products for small to mid-sized businesses.
We have the capital to take on risk, the underwriting talent in place, decisive leadership team, infrastructure, and a proven track record of making things happen – fast!
When you’re ready to solve your toughest insurance needs, we’re ready to get it done for you.
We free customers up to focus on their business by taking the load of complicated specialty insurance off their hands.
We break down the walls of bureaucracy to provide optimal underwriting solutions for brokers.
We’re ready, equipped, and motivated to get the job done, efficiently and professionally, by empowering experts with what they need to move quickly on behalf of customers and their brokers.
Our specialty focus is the essential part of our identity.
It is at our core
