Premium Auditor

BERKLEY TECHNOLOGY SERVICES; Urbandale (IA); Remote; USD 50,000 - 70,000; Full time

Job summary

A leading company in commercial lines insurance is seeking a Premium Auditor to join their dynamic team. The role involves conducting audits to determine accurate premiums while collaborating with various stakeholders. Ideal candidates will have prior audit experience and strong organizational skills, with opportunities for professional growth within a supportive environment.

Benefits

Competitive compensation

Paid time off

Comprehensive wellness benefits

401k plan

Tuition assistance

Employee stock purchase plan

Qualifications

• Prior premium audit experience required.
• Knowledge of accounting/bookkeeping and insurance operations essential.
• Excellent attention to detail and organizational skills required.

Responsibilities

• Conduct premium audits using electronic methods and teleconferencing.
• Review and ensure all records submitted for audits are complete.
• Comply with company guidelines and state regulations.

Skills

Attention to detail

Organization

Communication skills

Prioritization

Facilitation

Tools

Microsoft Word

Microsoft Excel

Microsoft Outlook

Job description

Company Details

Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States. Along the way, we have been listed on the New York Stock Exchange, seen our revenue soar well past $7 billion, and become a well-respected Fortune 500 Company.

Berkley Premium Audit Services (BPAS) is an innovative provider of premium audit operations to 21 Berkley companies. If you are looking to join a fast-paced, energetic and passionate team with room for professional growth and development – Berkley may be a great fit for you.

The Company is an equal employment opportunity employer.

#LI-AV1 #LI-Remote

Responsibilities

As a Premium Auditor, you'll conduct premium audits via electronic methods and telephone conference with insureds. You'll examine and evaluate the insured’s records to determine appropriate classifications and exposures on policyholder reports to determine accurate premiums. We'll trust you to manage your workload to achieve timeliness and production goals while maintaining quality results.

What you can expect:

• Culture of innovation, teamwork, supportive colleagues and leaders willing to invest in talent
• Internal mobility opportunities
• Visibility to senior leaders and partnership with cross functional teams
• Opportunity to impact change
• Benefits – competitive compensation, paid time off, comprehensive wellness benefits and programs, employer funded health savings account, profit sharing, 401k, paid parental leave, employee stock purchase plan, tuition assistance and professional continuing education

We'll count on you to:

• Review information obtained through the admin process to ensure all records have been submitted and will request any additional information and records from insured to complete the audit.
• Schedules time with insured to review information and conduct audit via telephone/online conference.
• Complies with state regulations and company guidelines, and maintains working knowledge of all insurance manuals, premium audits manuals, and related material.
• Inputs a summary of audit information in Premium Audit Tracking System (PATS) for final Audit Transaction to determine premium adjustment.
• Refers highly complex issues and problems to Premium Audit Supervisor.
• Performs the audits on payroll based and composite exposures.
• Has a stronger understanding of ISO and NCCI rules to ensure proper classification and exposure development.
• Works across a larger span of geographical territory, understanding state specific rules and guidelines.
• Assists in the training of new Hub Audit staff and can be assigned as a mentor.

Qualifications

What you need to have:

• Prior premium audit experience
• Knowledge of accounting/bookkeeping and insurance company operations
• Knowledge of manual rules for workers’ compensation, general liability, garage and commercial auto
• Excellent attention to detail and organization skills
• Ability to prioritize and operate with urgency when faced with multiple tasks
• Regularly and consistently demonstrates commitment to company values and guiding principles
• Proficiency with Microsoft Word, Excel, and Outlook
• Excellent written and verbal communication skills
• Ability to facilitate a meeting - capable of running a video/ teleconference

What makes you stand out:

• Test audit state experience preferred

Additional Company DetailsWe do not accept any unsolicited resumes from external recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. Sponsorship DetailsSponsorship not Offered for this Role