Remote Employee BPO has a great opportunity for you!
Role: Commercial Insurance Premium Auditor
Salary: Competitive Basic Salary
Bonus: 5,000 Perfect Attendance
Benefits: HMO plus 2 Free Dependents, P1,500 Rice Allowance, Night Differential.
Work set up: WFH/Hybrid
Shift schedule: 7am CST and 7pm CST with expected work hours of 40 hours per week.
Summary:
An insurance premium auditor job involves conducting audit of selected commercial lines adjustable policies by reviewing the insured's business operations, including examining, verifying and recording pertinent classification-related data from financial/business records. An insurance premium auditor will determine and/or develop exposure basis and classification. An insurance premium auditor will be required to discuss issues and problems with the insured to ensure understanding of the change in exposure and to maintain good customer relations. An insurance premium auditor will ensure quality of the audit through proper risk classification and exposure basis identification. An insurance premium auditor will be required to remain informed of changes and current information relative to premium auditing through correspondence with experts and industry-related literature. An insurance premium auditor job requires a bachelors' degree with accounting course work. Good communication and math skills are a must for insurance premium auditor jobs. Premium audit experience is preferred.
Duties & Responsibilities:
- Research businesses in all industries and verify their ownership for the purpose of classifying and completing 'virtual' audits.
- Examine primary and secondary source documents
- Determine accurate audit exposures upon reviewing financial documents, following client audit guidelines / instructions, and applying state specific audit standards.
- Communicate audit documentation requests and audit results to interested parties in a professional manner (both orally and written).
- Complete assigned work in a timely manner while following established company quality standards.
- Provide audit dispute resolution assistance or other duties as assigned
- Evaluate risk exposures, hazards and controls, and suggest necessary recommendations and improvements where needed.
- Provide technical classification support for underwriting and insurance agencies.
- Serve as a resource for underwriting, financial, risk control and claims departments.
- Evaluate physical premises, equipment, materials, work practices, and safety policies and programs.
- Provide loss control survey and consultative service to new and renewal business.
- Build and maintain productive relationships with underwriting, claims, marketing, policyholders and agents
- Conduct independent examinations of financial records of taxpayers that have unique or special audit features or anticipated accounting, tax law, or investigative problems.
- Review of insured's financial and accounting records which includes auditing of payrolls, revenues, auto fleet, subcontractors, per diems, etc.
- Review and resolve contested audits with agents, insureds, and support from underwriting.
- Develop business partnership and ambassador-type relationship with insured policyholders.
- Validate account operation information as part of underwriting process.
- Conduct research and data collection to help identify risk sources and potential loss.
- Manage difficult complex situations and or high impact internal and external relationship.