Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.
Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.
Job Summary:
We are seeking an underwriting auditor with experience in reviewing MGA/MGU Programs for a major insurance carrier who are staffing a newly established Programs division. You will be responsible for conducting comprehensive audits of the company's various insurance programs to ensure compliance with internal policies, regulatory requirements, and industry standards. This role involves evaluating the effectiveness of program controls, identifying areas for improvement, and providing recommendations to enhance operational efficiency and risk management.
Key Responsibilities:
- Conduct detailed audits of insurance programs, including underwriting, claims, and policy administration processes.
- Evaluate the effectiveness of internal controls and compliance with regulatory requirements.
- Identify areas of risk and provide actionable recommendations to mitigate potential issues.
- Prepare detailed audit reports and present findings to division management.
- Collaborate with program managers and other stakeholders to implement audit recommendations.
- Monitor the implementation of corrective actions and follow up on outstanding audit issues.
- Stay current with industry trends, regulatory changes, and best practices in insurance program auditing.
- Assist in the development and maintenance of audit policies, procedures, and methodologies.
- Participate in special projects and investigations as required.
Qualifications:
- Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
- Professional certification such as CPCU or RPLU is preferred
- Minimum of 3-5 years of experience in auditing, preferably within the insurance industry.
- Strong understanding of insurance operations, including underwriting, claims, and policy administration.
- Excellent analytical, problem-solving, and critical-thinking skills.
- Strong written and verbal communication skills.
- Ability to work independently and as part of a team.
- Proficiency in audit software and Microsoft Office Suite
Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.
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What We Do
Starr Insurance is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.
Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.
Starr has the global knowledge, vision and relationships to help your company succeed, anywhere you do business.
