Audit Operations Associate
Arch Capital Group
Audit Operations Associate
Arch Capital Group
Underwrites insurance, reinsurance, and mortgage insurance
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.
SUMMARY/DESCRIPTION:
This position reports to the Team Lead or AVP Premium Audit, and performs and coordinates the processing of medium to complex premium audits with minimal supervision. Produces the audit statement of earned premium based on completed field audits received from staff premium auditors and vendors. Transacts premium audit processing steps including review, entry, processing, invoicing and billing.
Also collaborates with external audit vendors, staff auditors and both regional and corporate team resources to ensure that all service level commitments are met.
DUTIES AND RESPONSIBILITIES
Desired Skills/Experience
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Underwrites insurance, reinsurance, and mortgage insurance
Arch Capital Group operates globally in three lines: insurance, reinsurance, and mortgage insurance. The Insurance segment covers specialty lines, the Reinsurance segment provides property and casualty reinsurance, and the Mortgage segment offers mortgage insurance and reinsurance products. It underwrites risk, sets premiums, and earns investment income, with mortgage insurance protecting lenders against borrower defaults. Its differentiation comes from disciplined underwriting, strong risk management, and capital allocation, supported by a global footprint and diverse clients; its goal is to maintain financial strength and steady profitability through prudent risk assessment and capital management.
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