What are the responsibilities and job description for the SR. AUDIT/COMPLIANCE DIRECTOR position at Acrisure LLC?
About Acrisure
Acrisure is a global Fintech leader that combines the best of humans and high tech to offer multiple financial products and services to millions of businesses and individual clients. We connect clients to solutions that help them protect and grow what matters, including Insurance, Reinsurance, Cyber Services, Mortgage Origination and more.
Acrisure employs over 17,000 entrepreneurial colleagues in 21 countries and have grown from $38 million to $4.3 billion in revenue in just over ten years. Our culture is defined by our entrepreneurial spirit and all that comes with it : innovation, client centricity and an indomitable will to win.
Tasks
- Mentor incoming staff / underwriting candidates to train in various programs and promote from within.
- Review new & renewal submissions on an audit basis of team members to determine compliance with underwriting guidelines and / or program requirements.
- Review dashboard data for claims and premium information to verify claims data is accurate for deductible, coding, etc.
- Make recommendations to upper management and / or insurance carrier partner for approval to quote policies in excess of authority.
- Analyze TPA data and report any errors in deductible billing, reporting, etc.
- Analyze and project expected losses and pricing on risks and take appropriate action for large risks.
- Examine documents to determine and evaluate degree of risk.
- Rate risk and initiate quotes from carriers.
- Prepare loss models, driver reviews, and overall account evaluation to make recommendations to carriers and assist on verifying account data prior to referral to reinsurance partners for sign-off.
- Review renewal accounts for acceptability for program and determine what should be non-renewed 90 days prior to expiration date.
- Provide general support to the team in implementing new procedures and pricing input for best practices.
- Other duties as assigned.
Work Activities
Qualification
Basic Skills
Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Understanding written sentences and paragraphs in work related documents.
Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Talking to others to convey information effectively.
Communicating effectively in writing as appropriate for the needs of the audience.
Social Skills
Being aware of others' reactions and understanding why they react as they do.
Adjusting actions in relation to others' actions.
Actively looking for ways to help people.
Complex Problem Solving Skills
Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
Technical Skills
Analyzing needs and requirements to create a design.
System Skills
Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
Resource Management Skills
Managing one's own time and the time of others.
Desktop Computer Skills
Using MGA Management System to manage large amounts of information, including creating and editing simple databases, inputting data, retrieving specific records, and creating reports to communicate the information.
Using a computer application to enter, manipulate, and format text and numerical data; insert, delete, and manipulate cells, rows, and columns; and create and save worksheets, charts, and graphs.
At Will Status
Our Company retains its rights to employ employees "at will." Either the employee or TIP National LLC may terminate the relationship at any time. This written position description should not be considered an employment contact in any respect.
Acrisure is committed to employing a diverse workforce. All applicants will be considered for employment without attention to race, color, religion, age, sex, sexual orientation, gender identity, national origin, veteran, or disability status. California residents can learn more about our privacy practices for applicants by visiting the Acrisure California Applicant Privacy Policy available at www.Acrisure.com / privacy / caapplicant.
To Executive Search Firms & Staffing Agencies : Acrisure does not accept unsolicited resumes from any agencies that have not signed a mutual service agreement. All unsolicited resumes will be considered Acrisure's property, and Acrisure will not be obligated to pay a referral fee. This includes resumes submitted directly to Hiring Managers without contacting Acrisure's Human Resources Talent Department.
