About Accelerant
Accelerant is a data-driven risk exchange connecting underwriters of specialty insurance risk with risk capital providers. Accelerant was founded in 2018 by a group of longtime insurance industry executives and technology experts who shared a vision of rebuilding the way risk is exchanged – so that it works better, for everyone. The Accelerant risk exchange does business across more than 20 different countries and 250 specialty products, and we are proud that our insurers have been awarded an AM Best A- (Excellent) rating. For more information, please visit www.accelerant.ai.
Overview: The US Assurance Specialist will lead and participate in Member Reviews (MGAs, MGUs, and program administrators) in support of Accelerant’s goal of providing our Members with everything they need to fuel their success. The Reviews encompass key areas within compliance, underwriting, and financial activities.
Responsibilities:· Perform/lead reviews to obtain reasonable assurance of the effectiveness of underwriting, documentation, compliance, reporting, and financial activities.
· Review rates and forms compliance for a sample of policies to identify deviations from state-approved filings.
· Perform underwriting file review to assess adherence to established underwriting guidelines/procedures, regulatory requirements, and industry best practices.
· Identify and communicate areas of risk and provide actionable recommendations to mitigate potential issues.
· Monitor the implementation of open recommendations and follow up with responsible individuals as necessary.
· Build positive and value-added relationships with Members and the Company’s senior management team.
· Analyze data to identify errors and make a meaningful sample selection based on various criteria.
· Perform a review of the monthly premium trust transactional report.
· Keep current with any changes to laws and regulations that pertain to Insurance Underwriting & Compliance.
· Assist in the development and maintenance of Review policies, procedures, and methodologies.
Qualifications:· A minimum of 5 years’ related audit experience in a property and casualty insurance company is required, preferably at an MGA, MGU, or program administrator. Underwriting and/or rating experience with a commercial insurance carrier is preferred.
· Strong understanding of insurance operations, including underwriting, claims, and policy administration.
· Bachelor’s degree from an accredited institution is required.
· Familiarity with AI tools, including practical experience applying them to workflow automation or AI-assisted problem solving.
· Strong analytical, organizational, project management, and communication skills (written and oral).
· Proficiency in Microsoft Office Suite.
· Some travel is required.
Skills Required
- At least 5 years of related audit experience in a property and casualty insurance company
- Bachelor's degree from an accredited institution
- Strong understanding of insurance operations, including underwriting, claims, and policy administration
- Strong analytical, organizational, project management, and written and oral communication skills
- Proficiency with Microsoft Office Suite
- Familiarity with AI tools and practical experience applying them to workflow automation or AI-assisted problem solving
- Underwriting and/or rating experience with a commercial insurance carrier
- Some travel
What We Do
Accelerant is unlike other insurance program carriers. We are fueled by insurance technology and supported by our unique insurance platform. We work exclusively with MGAs and Program Administrators. We’re transparent, responsive and collaborative. We’ve walked in your shoes and understand your challenges. And we’re organized and committed to your success, because we’re successful when you are too. Our technology fueled, data driven partnerships with specialty underwriters and risk capital partners propel new levels of profitability by: · Providing the entire value chain access to data and analytics to better understand risk and benefit from these insights · Offering long-term capacity commitments · Prioritizing velocity and collaboration while eliminating bureaucracy · Offering support to streamline operational and regulatory complexity We’ve built a network of some of the best MGA and Program Administrators on the planet. We call them Members because it underscores our deep commitment to their, and your, success. And we are always looking for other top-class Members.
