Premium Audit Specialist

This is a fully remote position, open to applicants in Pennsylvania.

📋 Description

• Execute comprehensive audits of clients’ financial records to confirm declared premiums.

• Examine and interpret intricate financial statements, payroll records, and other pertinent documentation.

• Detect trends and irregularities that could influence premium precision.

• Resolve intricate discrepancies in policyholder records by collaborating with producers, underwriters, insureds, management, and internal teams.

• Assess the relevance of insurance certificates and class codes to particular exposures.

• Review claim activity to guarantee that employee coding is both consistent and precise.

• Compile and deliver detailed audit reports to management.

• Work in partnership with underwriters and internal departments to ensure precise premium calculations.

• Address complicated audit-related questions from policyholders and provide exceptional customer service.

• Oversee and assess premium audit practices, contributing to strategic enhancements.

• Potentially supervise performance and mentor staff, including involvement in talent acquisition, development, and performance evaluation.

• Offer technical guidance and support to junior positions.

• Carry out additional responsibilities as assigned.

⛳️ Requirements

• Bachelor’s degree in Accounting, Finance, Business, Risk Management and Insurance, or a related discipline, or equivalent experience.

• Typically, a minimum of 10 years of experience in Premium Audit, Underwriting, Accounting, or Finance.

• Experience in insurance accounting is preferred.

• Completion or ongoing progress toward a professional designation is preferred, such as Associates in Premium Audit Program (APA), Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), or Associate of Risk Management (ARM).

• Advanced technical expertise in various accounting principles and practices.

• Strong analytical and problem-solving abilities.

• Familiarity with industry trends, regulations, and best practices.

• Exceptional interpersonal and communication skills.

• Capability to work collaboratively in a dynamic environment and across multiple departments.

🏝️ Benefits

• Medical coverage.

• Dental coverage.

• Vision coverage.

• Wellness plans.

• Parental leave.

• Adoption assistance.

• Tuition reimbursement.

• Paid Time Off.

• Paid holidays.

• 401(k) plan with company match.

• Employee stock purchase plan.

• Commuter benefits.