SUMMARY:
Responsible for performing virtual and field audits in a multi-functional
business unit. Reviews accounting and financial information, as well as, the
business operations, to determine appropriate exposures and classifications for
policyholders’ employees and subcontractors. Provide assistance with training,
development and mentoring of the Premium Audit staff.
This position involves physical audits in addition to virtual audits and
requires travel within the assigned market/territory. Residency within or in
close proximity to the designated market is required to support job
responsibilities.
RESPONSIBILITIES/TASKS:
Performs virtual and in person field audits.
Collects all pertinent data and documents needed to calculate policyholder’s
premium liability.
Interviews policyholders to obtain further information concerning premiums,
e.g. payroll and personnel records, and communicates completed audit
information with contact and ensures results are understood.
Contacts agents to discuss audit results prior to invoicing on large
accounts.
Provides information to policyholders in preparation for Workers Compensation
audits.
Reviews policy file information by referring to workers compensation manuals,
class codes and rules, and prepares for audit in determining insureds’
correct operations.
Notifies business unit of necessary changes in entities, officers, partners,
etc. to ensure that policy is properly endorsed.
Perform re-audits when disputes or discrepancies arise on original audit.
May be required to testify in court regarding premium audits.
Represent company at agent meetings to promote corporate product.
Responsible for developing and conducting training programs.
Responsible for providing mentoring to Premium Audit Consultants including
ride-a-longs, one-on-one meetings, performance reviews, orientation and
overall consultant development.
Maintains confidentiality of information processed.
Works with minimum supervision.
This position description identifies the responsibilities and tasks typically
associated with the performance of the position. Other relevant essential
functions may be required.
EMPLOYMENT QUALIFICATIONS:
Bachelor’s degree in accounting, finance or related field. Combinations of
relevant education and experience may be considered in lieu of a degree.
Completion of APA designation or significant progress towards or completion of
CPCU perfered. Continuous learning, as defined by the Company’s learning
philosophy, is required.
EXPERIENCE:
A minimum of five years relevant premium auditing experience which provides the
necessary skills, knowledge and abilities. Two years of physical auditing
preferred.
SKILLS/KNOWLEDGE/ABILITIES (SKA) REQUIRED:
Demonstrates considerable knowledge of business operations and workers
compensation insurance classification codes and rules.
Demonstrates ability to read, analyze, and interpret policy documents,
technical and financial information, and procedure manuals.
Excellent oral and written communication skills.
Ability to train other auditors, including riding with other experienced
auditors to evaluate their progress.
Knowledge of current and future practices, trends and information affecting
the marketplace.
Effective presentation skills in a variety of settings.
Ability to initiate insurance transactions in compliance with all policies,
procedures, legal and ethical guidelines.
Ability to negotiate while establishing a personal rapport and maintaining an
effective working and client relationship, both internally and externally.
Ability and proficiency in the use of computers and the use of company
standard software.
Ability to quickly and accurately work with many variables to arrive at
premium calculations.
Ability to manage multiple priorities, establish workflows and meet necessary
deadlines.
Ability to maintain confidentiality
Ability to work with minimum supervision.
Ability to perform other assignments at locations outside the office.
ADDITIONAL INFORMATION
The above statements are intended to describe the general nature and level of
work being performed by people assigned to this classification. They are not
intended to be construed as an exhaustive list of all responsibilities, duties
and skills required of personnel so classified. This job description does not
constitute a contract for employment.
WORKING CONDITIONS:
Work is performed in a virtual office environment or in the field with minimal
hazards. Travel within the territory is required and may include occasional
overnight stay for business related meetings. Ability to lift and carry computer
equipment weighing up to 35 lbs. Driver's license is required.
Pay Range - Actual compensation decision relies on the consideration of internal
equity, candidate’s skills and professional experience, geographic location,
market, and other potential factors. It is not standard practice for an offer to
be at or near the top of the range, and therefore a reasonable estimate for this
role is between $65,000 and $108,000.
The qualifications listed above are intended to represent the minimum education,
experience, skills, knowledge and ability levels associated with performing the
duties and responsibilities contained in this job description.
We are an Equal Opportunity Employer. We will not tolerate discrimination or
harassment in any form. Candidates for the position stated above are hired on an
"at will" basis. Nothing herein is intended to create a contract.
#LI-TM1
#AFG