Premium Audit Specialist

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

📋 Description

• Perform comprehensive audits of insured parties' financial records to confirm reported premiums.

• Assess and interpret intricate financial statements, payroll documents, and other relevant materials.

• Detect trends and irregularities that impact the accuracy of premiums.

• Address complex discrepancies in policyholder records by collaborating with producers, underwriters, insured parties, leadership, and internal teams.

• Assess the relevance of insurance certificates and class codes in relation to specific risks.

• Review claim activity to ensure accurate and consistent employee coding.

• Compile and present detailed audit reports to management.

• Work alongside underwriters and internal departments to guarantee precise premium calculations.

• Handle complex audit-related inquiries from policyholders and deliver exceptional customer service.

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

• May mentor staff and partake in talent selection, development, and performance management processes.

• Execute additional responsibilities as assigned.

⛳️ Requirements

• A bachelor’s degree in Accounting, Finance, Business, Risk Management and Insurance, or a similar field, or equivalent experience.

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

• Preferred experience in insurance accounting.

• Completion of or ongoing progress toward a professional designation is preferred, such as APA, AU, CPCU, or ARM.

• Advanced technical knowledge of various accounting principles and practices.

• Strong analytical and problem-solving capabilities.

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

• Excellent communication and interpersonal skills.

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

• Ability to provide technical guidance and support to junior positions.

🏝️ Benefits

• Medical, dental, and vision insurance.

• Wellness programs.

• Parental leave.

• Adoption support.

• Tuition reimbursement.

• Paid Time Off.

• Paid holidays.

• 401(k) plan with company matching.

• Employee stock purchase program.

• Commuter benefits.