Premium Auditor II

About This Role

This role involves examining policyholders' operations and financial records to ensure the financial integrity of premium development within strict insurance guidelines. You will accurately calculate relevant exposures and communicate findings through detailed formal reports, primarily working from home and traveling to policyholder locations.

Responsibilities

• Perform examination of policyholders' accounting and financial records to ensure accurate calculation of earned premium for smaller, less complex risks.
• Ensure that 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.
• Review appropriate audit documentation and/or company policy systems to determine auditable exposures and coverages.
• Investigate policyholder operations to obtain actual exposures, verify classifications, and ensure conformity to state laws and insurance regulations.
• 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).
• Manage workload efficiently, including scheduling audit appointments based on priority and location, managing work-in-process, and documenting progress.
• Perform routine administrative tasks such as time tracking, expense reports, and mileage reports.
• Coordinate assignment of multi-location audits for large risks and review location audits for quality and accuracy as assigned.

Nice to Have

• Ability to assist with complex audits, Special Investigative Unit (SIU) related accounts, and/or special projects

Benefits