Premium Audit Specialist – Financial Division
Cisco
full-time
Posted on:
Location Type: Remote
Location: Ohio • United States
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Salary
💰 $79,200 - $106,800 per year
About the role
- Conducts thorough audits of insureds financial records to verify the accuracy of reported premiums
- Ensures that all calculations are precise and compliant with company policies, industry regulations, and legal requirements
- Conducts reviews and analysis of complex financial statements, payroll records, and other relevant documents
- Identifies trends and anomalies that may impact premium accuracy
- Resolves complex discrepancies in policyholder records by coordinating with producers, underwriters, insureds, leadership, and other internal departments
- Evaluates and determines the applicability of classification codes for coverage exposures
- Reviews insurance certificates for relevance to policy exposures
- Analyzes claim activity on policies to ensure that employee coding is consistent and accurate
- Prepares and presents detailed audit reports to management
- Collaborates with underwriters and other internal departments to ensure accurate premium calculations
- Provides excellent customer service to policyholders by addressing complex audit-related inquiries
Requirements
- Bachelor’s degree in Accounting, Finance, Business, Risk Management and Insurance, or a related field or equivalent experience
- Generally, 6 years of experience in Premium Audit, Underwriting, Accounting, or Finance
- Insurance accounting experience preferred
- Continuing progress toward and/or the completion of a professional designation preferred, such as Associates in Premium Audit Program (APA), Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), or Associate of Risk Management (ARM)
- Experience with multi-state rules and classifications, including the state of California
- Experience with workers compensation and general liability audits
- Commercial auto audits are a plus
Benefits
- We offer competitive benefits packages for full-time and part-time employees*
- Full-time employees have access to medical, dental, and vision coverage
- Wellness plans
- Parental leave
- Adoption assistance
- Tuition reimbursement
- Paid Time Off and paid holidays
- 401(k) plan with company match
- Employee stock purchase plan
- Commuter benefits
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
financial auditingpremium auditfinancial statement analysispayroll record analysisdiscrepancy resolutionclassification code evaluationinsurance certificate reviewclaim activity analysisaudit report preparationpremium calculation
Soft Skills
customer servicecollaborationcommunicationproblem-solvingattention to detail
Certifications
Associates in Premium Audit Program (APA)Associate in Underwriting (AU)Chartered Property Casualty Underwriter (CPCU)Associate of Risk Management (ARM)