Underwriting Compliance Specialist

Job description

Position Summary The Senior Quality Assurance Associate is responsible for planning and conducting audits of underwriting processes to ensure compliance with regulations and policies and identifying key risk areas. The role communicates findings to stakeholders, ensures regulatory compliance, and engages in continuous monitoring to enhance underwriting practices. They implement audit procedures, evaluate risks, and maintain accurate records, conducting regular audits to assess compliance and provide insights for improvement. What will your job entail?: Job Responsibilities: · Plans and organizes audits of underwriting processes to ensure compliance with regulatory requirements, company policies, and industry standards. · Develops an understanding of underwriting practices and policies, identifying key risk areas within the underwriting function. · Develops and implements audit procedures to evaluate the effectiveness of underwriting practices and adherence to established policies. · Conducts regular audits of the underwriting processes, policy issuance, and claims handling to assess compliance and identifies areas for improvement. · Evaluates the risks associated with underwriting...