Premium Audit Specialist

Great American Insurance Group; Rome Township (OH); Remote; USD 79,000 - 107,000; Full time

Job summary

Join a leading company in the insurance industry as a Premium Audit Specialist. This role involves conducting audits, analyzing financial records, and collaborating with teams to ensure accurate premium calculations. With opportunities for growth and a supportive culture, you will play a key role in maintaining compliance and providing excellent service to policyholders.

Benefits

Medical, dental, vision

PTO and holidays

Commuter benefits

Stock purchase plan

Education reimbursement

Parental leave

401(k)

Qualifications

• Typically 10 years in Premium Audit, Underwriting, Accounting, or Finance.
• Insurance experience preferred.
• Progress toward professional designations such as APA, AU, CPCU, or ARM is a plus.

Responsibilities

• Conduct thorough audits of insureds' financial records to verify reported premiums.
• Review and analyze complex financial statements and payroll records.
• Prepare and present detailed audit reports to management.

Skills

Analytical skills

Problem-solving skills

Communication skills

Education

Bachelor’s degree in Accounting, Finance, Business, Risk Management and Insurance

Job description

Join to apply for the Premium Audit Specialist role at Great American Insurance Group.

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Be Here. Be Great. Working for a leader in the insurance industry offers opportunities for growth. Great American Insurance Group's subsidiaries of American Financial Group combine a 'small company' culture with 'big company' expertise, providing a dynamic environment for learning and advancement.

We value diversity and foster an inclusive culture where all employees feel empowered and enabled to perform at their best.

The Financial Division oversees accounting and financial reporting for American Financial Group and Great American Insurance Group. We are hiring a Premium Audit Specialist to join our team! This position can be fully remote; candidates in Cincinnati, OH, will work on a hybrid schedule.

Essential Job Functions and Responsibilities

1. Conduct thorough audits of insureds' financial records to verify reported premiums, ensuring accuracy and compliance with policies, regulations, and legal standards.
2. Review and analyze complex financial statements, payroll records, and other documents to identify trends and anomalies affecting premium accuracy.
3. Resolve discrepancies in policyholder records by coordinating with relevant departments and stakeholders.
4. Evaluate insurance certificates and class codes for specific exposures.
5. Analyze claim activity to ensure employee coding accuracy.
6. Prepare and present detailed audit reports to management with clear findings.
7. Collaborate with underwriters and internal teams to ensure correct premium calculations.
8. Provide excellent customer service to policyholders, addressing audit inquiries professionally.
9. Monitor and improve premium audit practices, assisting with strategic adjustments.
10. Potentially oversee staff performance, coaching, and talent management.
11. Perform other duties as assigned.

Job Requirements

Education: Bachelor’s degree in Accounting, Finance, Business, Risk Management and Insurance, or related field, or equivalent experience.

Experience: Typically 10 years in Premium Audit, Underwriting, Accounting, or Finance. Insurance experience preferred. Progress toward professional designations such as APA, AU, CPCU, or ARM is a plus.

Qualifications: Advanced technical knowledge, analytical and problem-solving skills, industry awareness, and excellent communication skills. Serves as a senior resource, providing technical advice and support.

Business Unit

Property & Casualty Finance

Salary Range

$79,200.00 - $106,800.00

Benefits

Includes medical, dental, vision, PTO, holidays, commuter benefits, stock purchase plan, education reimbursement, parental leave, 401(k), and more, based on role and eligibility.

Additional Details

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Accounting, Auditing, Finance
• Industries: Insurance