Arch Capital Group Ltd.

Senior Premium Auditor

Arch Capital Group Ltd.

full-time

Posted on:

Origin:  • 🇺🇸 United States • California, Massachusetts, New York

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Salary

💰 $86,300 - $116,500 per year

Job Level

Senior

About the role

  • Arranging premium audit appointments with insureds and/or brokers
  • Reading policies to determine exposure basis for each policy
  • Communicate with insureds, Program Administrators, agents/producers, and underwriters to obtain necessary documentation
  • Perform examination of policyholders' payroll, accounting and financial records to insure accurate calculation of earned premium
  • Analyze existing data, ISO rules, industry and statutory materials, and claims
  • Actively work in the NEXUS premium audit system to pick up and complete assigned audits
  • Use the Nexus Management tool to research issues, manage workloads and keep audit statuses up to date
  • Review changes in exposure and communicate information to the underwriter
  • Direct interaction with Program Administrators, Brokers & Underwriting team to answer questions about the audit process or results
  • Respond to and resolve audit disputes, compile pertinent facts, prepare amended audits and submit for billing
  • Perform other premium audit related duties, special projects, and mentor or train less experienced auditors as needed

Requirements

  • Minimum of 5 years prior premium audit experience
  • 5-10 years of premium auditing experience at either an insurance carrier or a premium audit vendor
  • Bachelor's degree preferred; Concentration in Accounting, Finance or a related field is necessary
  • Ability to read and interpret the coverages audited (Workers Compensation, General Liability, and Commercial Auto)
  • Collaborative and team oriented
  • Customer focused with attention to detail
  • Self-directed showing personal accountability and a sense of urgency
  • Strong communication and organizational skills
  • Ability to work independently
  • Current driving license with good driving record & ability to travel
  • Ability to multi-task and prioritize a heavy workload to meet agreed upon expectations
  • Strong computer skills including the Microsoft Office Suite (Word, Excel)
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