Senior Field Premium Auditor
ICW Group
full-time
Posted on:
Location Type: Remote
Location: California • United States
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Salary
💰 $78,678 - $132,686 per year
Job Level
About the role
- Analyze, review, and/or conduct insurance premium audits in the field to determine the actual exposures and premium to be charged for policy coverages
- Audit policyholder’s records and apply rules and company standards
- Perform audits in the field for organizational accounts and resolve applicable disputes
- Conduct timely and accurate premium and service audits, examining financial records pertaining to stated premium base
- Manage audits on larger and more complex accounts and assist in resolving complex disputes
- Deliver excellent customer service for the entire audit experience including responding to disputes
- Provide technical assistance and resolve technical issues with internal and external customers including reviewers, underwriters, and agents
- Communicate with customers, agents, and external constituencies throughout audit
- Connect with insureds, agents, and company personnel to communicate and provide audit findings and ensure understanding of the change in premium exposures
- Consult with NCCI/WCIRB and other independent bureaus regarding classification and technical issues
- Present status of audit inventory on a regular basis to management
- Keep current on information relative to premium auditing through internal and external resources
- Partner with customers to ensure a professional and expeditious audit
- Examine policyholder’s payroll records and operations
- Record and summarize proper payroll and classification used to determine premium
- Implement an analysis of insured’s business operations to determine appropriate classifications and exposures
Requirements
- Bachelor's degree from four-year college or university required with a major or emphasis in Accounting, Business or related field, or equivalent combination of education and experience
- Minimum 3 – 5 years of related experience as a Field Premium Auditor required
- Carrier experience preferred
- Associate in Premium Auditing (APA), Certified Insurance Premium Auditor (CIPA), or Chartered Property & Casualty Underwriter (CPCU) certification preferred
- Valid driver’s license required.
- Must have a good working knowledge of Commercial Lines policies (i.e., Workers’ Compensation, General Liability, other commercial lines coverages as applicable)
- Experience working with WCRIB, NCCI, and other independent bureaus is highly desirable
- Must be aware of and understand a variety of payroll and accounting systems, and the differences in Workers’ Compensation jurisdictions
- Ability to read, analyze, and interpret technical journals, financial reports, and legal documents
- Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community
- Ability to effectively present information to top management and public groups
- Solid math skills including the ability to add, subtract, multiply, and divide using whole numbers, common fractions, and decimals
- Ability to define problems, collect data, establish facts, and draw valid conclusions.
- Ability to work independently with excellent time management skills
- Strong verbal and written communication skills.
Benefits
- Generous medical, dental, and vision plans
- 401K retirement plans and company match
- Bonus potential for all positions
- Paid Time Off
- Paid holidays throughout the calendar year
- Support for professional development
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
premium auditingfinancial analysispayroll analysisclassification analysisdispute resolutiontechnical assistancecommercial lines policiesaccounting systemsdata collectionmathematical skills
Soft Skills
customer servicecommunicationtime managementproblem-solvingindependent workpresentation skillsanalytical skillsinterpersonal skillsorganizational skillsresponse to inquiries
Certifications
Bachelor's degreeAssociate in Premium Auditing (APA)Certified Insurance Premium Auditor (CIPA)Chartered Property & Casualty Underwriter (CPCU)