Bank and Corporate Owned Life Insurance (BOLI/COLI) Auditor

Jefferson Wells USA; Vienna (VA); Remote; USD 60,000 - 80,000; Full time

Job summary

An established industry player is seeking a dedicated Auditor to join their dynamic team. In this role, you'll conduct thorough audits of Bank and Corporate Owned Life Insurance policies, ensuring compliance and accuracy in claims processing. Your analytical skills will be pivotal in identifying discrepancies and enhancing operational efficiency. With a flexible remote work environment and opportunities for professional development, this position offers a unique chance to grow within the financial services sector. If you're detail-oriented and passionate about making a difference, this role is perfect for you.

Benefits

Flexible work environment

Professional development opportunities

Diversity and inclusion initiatives

Qualifications

• 5-7 years of experience in life insurance claims auditing.
• Strong understanding of life insurance products and claims processes.

Responsibilities

• Conduct thorough audits of BOLI and COLI policies.
• Analyze claims documentation for accuracy and compliance.

Skills

Analytical Skills

Communication Skills

Detail-oriented Mindset

Auditing

Financial Analysis

Education

Bachelor’s Degree in Finance, Business, or Insurance

Tools

Audit Checklists

Job description

Bank and Corporate Owned Life Insurance (BOLI/COLI) Auditor

Bank and Corporate Owned Life Insurance (BOLI/COLI) Auditor

5 days ago Be among the first 25 applicants

This range is provided by Jefferson Wells USA. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$70.00/hr - $80.00/hr

Our client, is seeking a Bank and Corporate Owned Life Insurance (BOLI/COLI) Auditor to join their team. As a Bank and Corporate Owned Life Insurance (BOLI/COLI) Auditor, you will be part of the Audit Services department. The ideal candidate will have strong analytical skills, excellent communication abilities, and a detail-oriented mindset which will align successfully in the organization.

Job Title: Bank and Corporate Owned Life Insurance (BOLI/COLI) Auditor

Location: Remote

Pay Range: $70.00/hour - $80.00/hour

What's the Job?

• Conducting thorough audits of BOLI and COLI policies.
  
• Conduct thorough audits of life and death claims to verify accuracy, completeness, and compliance with company policies and industry regulations.
  
• Analyze claims documentation, including medical records, death certificates, policy terms, and beneficiary details, to validate eligibility and payment.
  
• Identify and investigate potential fraud, discrepancies, or irregularities in claims processing.
  
• Provide detailed audit findings and recommendations to enhance accuracy and efficiency in claims handling.
  
• Collaborate with claims examiners, underwriters, and legal teams to resolve complex claims issues.
  
• Ensure compliance with regulatory requirements, including state and federal laws governing life insurance claims.
  
• Develop and maintain audit checklists, procedures, and reports to support continuous improvement initiatives.
  
• Provide training and mentorship to junior auditors and claims staff to promote best practices.
  
  
  

  What's Needed?

  
  
  
  
  
  • Bachelor’s degree in finance, business, insurance, or a related field (or equivalent work experience).
    
  • Minimum of 5–7 years of experience in life insurance claims auditing, processing, or a related role.
    
  • Proven experience in auditing or financial analysis
    
  • Strong understanding of life insurance products
    
  • In-depth knowledge of life insurance products, claims processes, and regulatory compliance requirements.
    
  • Certification in insurance or auditing (e.g., FLMI, AIC) is a plus.
    
    
    

    What's in it for me?

    
    
    
    
    
    • Opportunity to work with a dynamic and innovative team
      
    • Gain valuable experience in the financial services industry
      
    • Flexible work environment with remote options
      
    • Professional development opportunities
      
    • Be part of a company that values diversity and inclusion
      
      
      

      If this is a role that interests you and you'd like to learn more, click apply now and a recruiter will be in touch with you to discuss this great opportunity. We look forward to speaking with you!

      
      
      

      About ManpowerGroup, Parent Company of: Manpower, Experis, Talent Solutions, and Jefferson Wells

      
      
      

      ManpowerGroup (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, Talent Solutions, and Jefferson Wells – creates substantial value for candidates and clients across more than 75 countries and territories and has done so for over 70 years. We are recognized consistently for our diversity - as a best place to work for Women, Inclusion, Equality and Disability and in 2023 ManpowerGroup was named one of the World's Most Ethical Companies for the 14th year - all confirming our position as the brand of choice for in-demand talent.

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Business Consulting and Services

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