Quality Assurance Analyst for Commercial Property and Casualty Underwriting

2 weeks ago


Chicago, Illinois, United States GuideOne Insurance Full time

Position Overview: As a Quality Assurance Analyst specializing in Commercial Property and Casualty, you will play a crucial role in ensuring the integrity of our underwriting processes. Your primary focus will be on executing quality review strategies that emphasize portfolio analysis within the Non-Profit Human Services sector. Collaborating with a dedicated team, you will conduct both targeted and random assessments of underwriting files to pinpoint strengths and areas for improvement.

Key Responsibilities:

  • Conduct thorough portfolio quality assessments in Commercial Niches and Programs, ensuring that policies and business portfolios adhere to the highest standards for accuracy in policy issuance, including appropriate limits, coverage forms, and compliance.
  • Prepare executive summaries and various reports for underwriting management, including presentations for senior leadership.
  • Work alongside management to identify inefficiencies in processes and employee performance, recommending targeted training opportunities to enhance overall effectiveness.
  • Collaborate with other departments to integrate relevant topics into the training curriculum.
  • Provide guidance and respond to inquiries from underwriters regarding processes, unique situations, and proper risk selection.
  • Contribute to the training curriculum for existing staff, focusing on new procedures, risk selection, and market intelligence.
  • Engage in commercial underwriting initiatives and serve as a subject matter expert in quality assurance.
  • Perform additional duties as assigned.

Required Qualifications:

  • Bachelor's degree in business administration or a related field, or an equivalent combination of education and experience.
  • A minimum of five years of experience in commercial underwriting or a strong technical background in an underwriting role.
  • At least two years of experience as a Quality Assurance Associate in underwriting or a similar auditing capacity.

Recommended Qualifications:

  • Experience in underwriting for Non-Profit Human Services and Programs is highly desirable.

Compensation:

  • Salary range of $78,000 - $130,000 based on experience, with eligibility for bonuses.
  • In specific states, the salary range is $85,800 - $143,000, also based on experience, with bonus eligibility.

Benefits:

We offer a comprehensive benefits package that includes:

  • Competitive base salary with incentive plans for eligible employees.
  • 401(K) retirement plan with a company match of up to 6% of your eligible salary.
  • Free basic life and AD&D insurance, along with long-term and short-term disability coverage.
  • Medical, dental, and vision plans tailored to meet your healthcare needs.
  • Wellness incentives.
  • A generous time-off program that encompasses personal, holiday, and volunteer paid time off.
  • Flexible work schedules and hybrid/remote options for eligible positions.
  • Educational assistance.


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