Sr. Quality Assurance Consultant

Location: 

Amelia, OH, US

Job Type:  Full-Time
Work Mode:  Hybrid
Job Level:  Professional
Job ID:  13131
Company:  American Modern Insurance Group
Employment Type:  Regular
Area of Expertise:  Claims & Underwriting
Description: 

American Modern Insurance Group, Inc., a Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for residential property – such as manufactured homes and specialty dwellings – and the recreational market, including boats, personal watercraft, classic cars, and more. We provide specialty product solutions that cover what the competition often can’t. We write admitted products in all 50 states and have a premium volume of $2.2 billion.

 

Headquartered in Amelia, Ohio, and with associates located across the United States, we are part of Munich Re’s Global Specialty Insurance division. Our employees receive boundless opportunity to grow their careers and make a difference every day - all in a flexible environment that helps them succeed both at work and at home.


 
 
Purpose:
Lead and/or oversee projects and key deliverables for Corporate Underwriting activities thereby ensuring that the fundamental tenets of Quality Assurance and Risk Management are realized throughout the Pricing & Underwriting Division.   
 
Roles & Responsibilities: 
•    Maintains and oversees the company’s Underwriting Management Ecosystem as it pertains to a) composition of the current portfolio; b) underwriting strategies for target portfolio; c) underwriting authorities in line with underwriting competencies; d) quality assurance processes; and e) referral requirements to manage the portfolio.
•    Serves as the Team Lead for the annual Business Continuity Plan for the Pricing and Underwriting Division which includes core process identification for each department in the division in cooperation with IRM.
•    Conducts Delegated Underwriting Authority (DUA) Reviews to ensure users of DUA are making business decisions in accordance with the level of authority granted.
•    Oversees annual Large Deal Referral analyses for distribution partners who have $35mm or more in Written Premium and/or $100mm or more in catastrophe exposure in order to mitigate accumulation risk.  
•    Ensures the companywide Underwriting Strategy remains updated and reflects the organization’s underwriting risk appetite including the annual monitoring of all Delegated Underwriting Authority Letters of Authority for internal associates & external agency partners.
•    Evaluate risks by analyzing financial data and assessing risk factors in support of the company operating within its underwriting risk tolerance in accordance with the AMIG Underwriting Strategy. 
•    Create and assess processes that optimize underwriting risk to drive results thereby enabling sustainable, predictable profit to include devising early warning systems that drive strategy. 
•    Consult with business stakeholders using design thinking principles, conduct in depth analysis of complex problems or opportunities and develop data-driven proof of concepts to inform and support strategic decision making. 
•    Develop guidelines, models, best practices, quality assurance standards and methods to include identifying and understanding emerging risks and market trends thereby enabling proactive market cycle management. 
•    Use business intelligence tools and data visualization techniques to represent data in support of effective financial story telling thereby positioning the identification of trends and the development of preventative action to drive profitability. •    Conduct data driven analyses by leveraging risk-based methodology 
•    Participate in the annual cycle of Risk Control Self-Assessment as it pertains to conformance with the Operational Risk Control System relative to the development, monitoring and modifying of operation controls. 

 
Required Technical Skills: 
Advanced experience with MS Word, Excel, Power Point and Outlook
 
Education, Certification, & Designations: 
Bachelor’s degree with a major in business, finance, risk management or related area with additional insurance and management related coursework or competencies gained through Underwriting, Audit or Finance experience.
 
 

We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits:

    • Two options for your health insurance plan (PPO or High Deductible)
    • Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes spouse/domestic partner and children)
    • Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity)
    • Prescription drug coverage (included in your health insurance plan)
    • Short and Long Term Disability coverage
    • Vision and dental insurance plans

 

 

 

In addition to the above insurance offerings, our employees also enjoy:

  • A robust 401k plan with up to a 5% employer match
  • A retirement savings plan that is 100% company funded
  • Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries
  • Eligibility to receive a yearly bonus as a Munich Re employee
  • A variety of health and wellness programs provided at no cost
  • A hybrid environment that gives you a choice in where and how you get work done
  • A corporately subsidized on-site cafeteria as well as a We Proudly Serve coffee shop
  • An on-site complimentary workout facility as well as walking trails on campus grounds
  • On-site wellness center complete with nurse practitioner
  • Financial assistance for adoptions and infertility treatment
  • Paid time off for eligible family care needs
  • Tuition assistance and educational achievement bonuses
  • Free parking
  • A corporate matching gifts program that further enhances your charitable donation
  • Paid time off to volunteer in your community

 

At American Modern, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.  

 

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 

Sometimes we are fortunate enough to receive a high volume of applications. After reviewing all applications, we will contact only the selected candidates to schedule an interview.  We are grateful for all candidates and their interest.

 

Applicants requiring employer sponsorship of a visa will not be considered for this position.

 

Applicants requiring employer sponsorship of a visa will not be considered for this position.

 

Level: 07 / 08

Hiring Manager: Rachel Brueggen

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Nearest Major Market: Cincinnati

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