Premium Auditor I

Overview

This role involves conducting professional premium audits that support the financial integrity of premium development. You will review policyholders’ operations and financial records to ensure exposures (including payroll, sales, fixed assets, and other relevant items) are accurately calculated within strict insurance guidelines. You will also communicate audit results through detailed formal reports.

This position is home-based, with travel to policyholders’ locations as needed.

Responsibilities

• Perform examination of policyholders’ accounting and financial records to ensure accurate calculation of earned premium for smaller, less complex risks.
• Ensure audited exposures (payroll, sales, fixed assets, etc.) are accurately calculated within strict insurance guidelines.
• Communicate audit findings through detailed formal reports supported by audit workpapers.

Qualifications

• Review appropriate audit documentation and/or company policy systems to determine auditable exposures and coverages provided by the policy and plan audit strategy.
• Investigate policyholder operations to obtain actual exposures, verify classifications as they apply to the policy, and ensure conformity to various state laws and insurance regulations for the appropriate audit period.
• Prepare detailed work papers and written correspondence in support of audit findings.
• Identify issues to be communicated and socialize audit information to appropriate stakeholders (e.g., Central Processing, Distribution, Underwriting, Agent/Broker, etc.) to elaborate on current risk conditions or initiate necessary changes to the policy contract.
• With minimal oversight, schedule audit appointments with policyholders, taking into account priority of assignments and location within assigned territory.
• Manage workload effectively through efficient time utilization, including managing work-in-process and documenting progress for appropriate stakeholders/management.
• Complete routine administrative tasks such as Time Tracking Expense Reports and Mileage Reports, etc.
• As requested, assist with complex audits and/or special projects.

Compensation & Benefits

• The typical starting salary range for this role is determined by factors including skills, experience, education, certifications, and location.
• The full salary range reflects the competitive labor market value for employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role.
• Some roles may include a corresponding compensation plan that can include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.

Benefits information is available through the organization’s benefits offerings.

Equal Opportunity Employer

The employer is an equal opportunity employer and does not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran’s status, pregnancy, genetic information, or any basis prohibited by federal, state, or local law.

Fair Chance Notices

• California
• Los Angeles Incorporated
• Los Angeles Unincorporated
• Philadelphia
• San Francisco