Audit Operations Associate - Junior

Arch Global Services; Manila; On-site; PHP 300,000 - 460,000; Full time

Job summary

Arch Global Services seeks a premium audit specialist to coordinate and process medium to complex premium audits across multi-state clients. You will produce earned premium statements based on field audits and manage invoicing and billing, while collaborating with external vendors and internal audit teams to meet service levels.

The role requires a Bachelor degree or equivalent experience in insurance, 3–5 years of insurance experience, and strong analytical, communication and organizational

Qualifications

• Bachelor Degree or equivalent experience in the insurance industry.
• 3-5 years insurance experience.
• Collaborative and team oriented.
• Customer focused with attention to detail.
• Well organized with the ability to prioritize duties and multi-task between captives.
• Strong analytical and problem solving skills.
• Strong written and verbal communication skills.
• Self-directed showing personal accountability and sense of urgency.

Responsibilities

• Perform quality review of multi-state Workers Compensation, General Liability & Auto audits. Review audits completed by vendors and staff auditors to ensure audits conform to unique captive specifications.
• Pull and analyze WC experience modifications using NCCI & Independent Bureau state websites.
• Calculate audit premium plus manual calculation of Auto and General Liability surcharges.
• Data entry and quality check of multiple systems.

Skills

Insurance experience (3-5 yrs)

Collaborative

Customer-focused

Organized & multitask

Analytical thinking

Written & verbal communication

Accountability & urgency

Education

Bachelor degree in Insurance

Job description

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility.

SUMMARY/DESCRIPTION:

This position reports to the Team Lead or AVP Premium Audit, and performs and coordinates the processing of medium to complex premium audits with minimal supervision. Produces the audit statement of earned premium based on completed field audits received from staff premium auditors and vendors. Transacts premium audit processing steps including review, entry, processing, invoicing and billing.

Also collaborates with external audit vendors, staff auditors and both regional and corporate team resources to ensure that all service level commitments are met.

DUTIES AND RESPONSIBILITIES

• Perform quality review of multi-state Workers Compensation, General Liability & Auto audits. Review audits completed by vendors and staff auditors to ensure audits conform to unique captive specifications.


• Pull and analyze WC experience modifications using NCCI & Independent Bureau state websites.


• Calculate audit premium plus manual calculation of Auto and General Liability surcharges.


• Data entry and quality check of multiple systems.

Desired Skills/Experience

• Bachelor Degree or equivalent experience in the insurance industry


• 3-5 Years Insurance experience


• Collaborative and team oriented


• Customer focused with attention to detail


• Well organized with the ability to prioritize duties and multi-task between captives


• Strong analytical and problem solving skills


• Strong written and verbal communication skills


• Self-directed showing personal accountability and sense of urgency