Premium Auditor I

Overview

Founded in 1967, this organization has grown into one of the largest commercial lines property and casualty insurers in the United States, with revenue exceeding $12 billion. The Premium Audit Services division provides premium audit operations to multiple affiliated companies. This role offers a fast-paced, energetic environment with opportunities for professional growth and development.

Responsibilities

As a Premium Auditor I, you will:

• Conduct virtual audits of assigned accounts, primarily focusing on General Liability, ensuring accuracy and efficiency.
• Complete audits timely to avoid delinquency relative to policy expiration dates.
• Perform audits by examining financial records related to the stated premium base.
• Determine proper risk classification, premium basis, and scope of operations through observation and insured questioning.
• Prepare formal audit reports using provided software in accordance with established rules, regulations, guidelines, and procedures.
• Assess the condition of records used for audits.
• Discuss audit results with policyholders and send appropriate correspondence as needed.
• Refer classification changes to the underwriter.
• Notify underwriters of significant changes in risk exposure following audit policies and procedures.
• Schedule audits efficiently and economically, including initiating confirmation calls to clients prior to appointments.
• Document all contacts and pertinent information.
• Attend work-related functions and meetings as directed.

This is a remote position.

Qualifications

• Associate’s degree or equivalent plus two years of experience performing premium audits, or an equivalent combination of education and experience.
• Ability to read, analyze, and interpret business periodicals, professional journals, and technical procedures.
• Strong writing skills for reports, business correspondence, and procedure manuals.
• Effective presentation skills and ability to respond to questions from managers, employees, and agents.
• Strong quantitative skills, including calculating discounts, interest, commission, and volume.
• Ability to communicate with insured parties via teleconferences.

Preferred Skills

• Excellent communication and relationship management skills for problem-solving and information exchange.
• Ability to project a warm and friendly manner while maintaining professionalism with colleagues, agency contacts, and the public.
• Critical thinking skills to define problems, collect data, establish facts, and draw valid conclusions.

Compensation & Benefits

• Competitive compensation plan.
• Robust benefits package for full-time regular employees.
• Salary will be determined based on role scope, complexity, location, candidate skills, education, training, credentials, experience, and other employment conditions.

Additional Information

• The organization is an equal employment opportunity employer.
• Sponsorship is not offered for this role.
• Unsolicited resumes from external recruiting agencies or firms are not accepted.