Premium Auditor II

Liberty Mutual Insurance; Harrisburg (Dauphin County); On-site; USD 70,000 - 95,000; Full time

Job summary

Liberty Mutual Insurance is seeking a Premium Auditor to examine policyholders' accounting and financial records to ensure earned premium is calculated accurately. You will communicate audit findings through formal reports and work from home when not visiting policyholders.

Responsibilities include auditing exposures, preparing work papers, coordinating multi-location audits, and ensuring compliance with state regulations while supporting underwriting and operations teams.

Qualifications

• Review audit documentation and policy systems to determine auditable exposures and plan audit strategy.
• Investigate policyholder operations to obtain actual exposures and ensure compliance with state laws.
• Prepare detailed work papers and written correspondence supporting audit findings.
• Identify issues and communicate audit information to stakeholders; manage workload and scheduling.
• Perform administrative tasks such as time tracking, expense reports, and mileage records.
• Coordinate multi-location audits for large risks and assist with complex audits and SIU-related accounts.

Responsibilities

• Perform examination of policyholders' accounting and financial records to ensure earned premium is accurately calculated for smaller, less complex risks.
• Ensure that audited exposures are accurately calculated within insurance guidelines.
• Communicate audit findings through detailed formal reports supported by audit workpapers.

Job description

Description

Our professional auditors are integral to our company's mission by ensuring the financial integrity of premium development. In this role, you will examine policyholders' operations and financial records to ensure exposures (such as payroll, sales, fixed assets) are accurately calculated within strict insurance guidelines and communicate audit findings through detailed formal reports. As a Premium Auditor, you will work out of your home, when not traveling to policyholders' locations.

Responsibilities

• Perform examination of policyholders' accounting and financial records to ensure accurate calculation of earned premium for smaller, less complex risks.
• Ensure that audited exposures (payroll, sales, fixed assets, etc.) are accurately calculated within strict insurance guidelines.
• Communicate audit findings through detailed formal reports supported by audit workpapers.

Qualifications

• Review appropriate audit documentation and/or company policy systems, to determine auditable exposures and coverages provided by the policy and plan audit strategy.
• Investigate policyholder operations to obtain actual exposures, verify classifications as they apply to the policy and ensure conformity to various state laws and insurance regulations for the appropriate audit period.
• Prepare detailed work papers and written correspondence in support of audit findings.
• Identify issues to be communicated and socialize the audit information to appropriate stakeholders (i.e., Central Processing, Distribution, Underwriting, Agent/Broker, etc.) to elaborate on current risk conditions or initiate necessary changes to the policy contract. Exhibit effective workload management skills through efficient time utilization. This includes scheduling audit appointments taking into account priority and location of assignments within assigned territory managing work-in-process and documenting progress for appropriate stakeholders/management.
• Perform routine administrative tasks such as: Time Tracking, Expense Reports, Mileage Reports, etc.
• As assigned, coordinate assignment of multi-location audits for large risks review location audits to ensure quality and accuracy. Consolidate in proper format for rating purposes. As requested, assist with complex audits, Special Investigative Unit (SIU) related accounts, and/or special projects, including mentoring, presentations, etc.

About Us

Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.

At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve.

We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://www.libertymutualgroup.com/about-lm/careers/benefits

Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.

Fair Chance Notices

• California
• Los Angeles Incorporated
• Los Angeles Unincorporated
• Philadelphia
• San Francisco