Delegated Auditor

Fun Fact:
 
 Momentum is set to continue for the US P&C insurance market, according to Swiss Re, which predicts premium growth of 7.0% and 4.5% respectively in 2024 and 2025. At the same time, evolution continues in terms of underwriting strategies, in particular underwriting delegation. As insurers and MGAs navigate this dynamic environment, the need for comprehensive oversight, due diligence, and comprehensive audits has never been more crucial.
 

Pro IS, Inc has an exciting opportunity for an experienced Lloyd’s/Delegated Authority Auditor to join our audit team. Candidate will undertake both underwriting and claims audits, ensuring high quality reports are generated that meet the client requirements. Though the role is remote, travel may be required for client visits or onsite audits.   Please do not apply if you do not have the requisite experience/skills; you will not be considered.

Audit Specific Work and Responsibilities   

• Undertake underwriting and claims audits. 
• Liaise with Audit Administrator regarding audit preparations, preparedness of Coverholder/TPA, etc. 
• Review PAQ (Pre-Audit Questionnaire) responses and associated documentation, where appropriate draft follow-up questions (inquiries) that should be undertaken during on-site review and looping in senior team members (as necessary). 
• Coordinate delivery of project (audit) including liaising with clients to report any concerns or progress updates. 
• Undertaking pre audit, onsite, and post audit activities while communicating work plans to team members. 
• Allocating responsibility for scope parts; maintaining oversight of on-site work; chairing wrap-up meetings. 
• Write or supervise production of reports and appendices; If required (or if significant issues identified) prepare initial summary assessment of findings for client. 
• Communicate effectively with the various stakeholders in the project including team members. 
• Ensure weekly timesheet is completed accurately to enable effective monitoring of the audit's profitability. 
• Work with the peer reviewer to ensure high quality work product prior to releasing audit to client.     

Recipe for Success   

• Knowledge and experience of using Lloyd’s Coverholder & DCA (Delegated Claims Admin) audit scopes. 
• Strong report writing skills. 
• Analytical ability to draft and finalize reports, identify issues, and assess their importance 
• Effective verbal and written communication with internal and external stakeholders 
• Time management and prioritization skills. 
• Collaborate team members with the ability to work independently. 
• Meticulous, precise, thorough, good at record keeping. 
• Proficiency in MS Office Suite; intermediate Excel, Word and PowerPoint skills,    knowledge of Access beneficial. 
• Strong business and leadership presence. 
• Outcome focused, self-motivated, confident, and enthusiastic. 
• Diplomatic, cooperative, and collaborative in approach. 

About Pro

This is a work from home position.   Candidates must have their own reliable and secure high-speed internet access (no hot spots) to work from home.  Computer equipment is provided.  

PRO IS, Inc. is the US subsidiary of Pro Global Insurance Solutions plc which is a global business and consulting company focused solely on the insurance and reinsurance industries.  We work with our clients to identify the changes needed to improve their business processes, minimize operating overheads and implement controls required to meet new regulations.  We deliver tailored solutions to meet clients’ needs. 

If you have the skills mentioned above and are looking to build your career with part of a growing business, then apply online and one of the recruitment team will be in touch. The role also offers a competitive salary and excellent benefits package.  

PRO IS, Inc. is an Equal Opportunity Employer