Commercial Insurance Premium Auditor (Remote)

Emergent Holdings•Lansing, MI

7d•$58,000 - $95,000•Remote

About The Position

At AF Group, the Commercial Insurance Premium Auditor performs virtual and field premium audits within a multifunctional business unit, primarily for Workers’ Compensation and General Liability policies, and operates within established authority levels. The role reviews accounting and financial records to accurately determine policyholders’ exposure and premium for employees and subcontractors. Work is performed with minimum supervision and includes resolving complex situations, collaborating across disciplines, and supporting the development of premium audit staff.

Requirements

Bachelor’s degree in accounting, finance, or a related field, or a combination of relevant education and experience in lieu of a degree.
With the proper education credentials, three years of relevant insurance experience providing the necessary skills, knowledge, and abilities.
Two years of Premium Audit experience.
Ability to work effectively in a multifunctional business unit.
Knowledge of Workers’ Compensation insurance, including occupational classification codes and rules.
Ability to work quickly and accurately with multiple variables to calculate premiums.
Ability to read, analyze, and interpret policy documents, technical and financial information, and procedure manuals.
Ability to initiate insurance transactions in compliance with policies, procedures, and legal and ethical guidelines.
Ability to perform mathematical computations.
Computer proficiency, including use of company-standard software specific to the position.
Excellent oral and written communication skills and effective presentation skills in a variety of settings.
Ability to negotiate, establish rapport, and maintain effective internal and external working and client relationships.
Ability to maintain confidentiality, manage multiple priorities, establish workflows, and meet deadlines.
Ability to work with minimum supervision and perform assignments at locations outside the office.
Knowledge of and ability to apply relevant local, state, and federal rules and regulations, including state-specific workers’ disability compensation acts.
Ability to assist with training, development, and mentoring of premium audit staff.
Ability to analyze and solve practical problems involving a variety of factors, make competent independent decisions, and understand and implement procedures and processes.
Valid driver’s license with a record that meets corporate standards.
Ability to lift and carry computer equipment weighing up to 35 lbs.

Nice To Haves

Progress toward or completion of industry-recognized professional designations such as APA, IIA, AIU, CPCU, or ARM.
Certification or progress toward certification; certification is highly preferred and encouraged.

Responsibilities

Perform virtual and field audits within established authority levels.
Contact agents to review audit results before invoicing large accounts.
Collect pertinent data and documents needed to calculate a policyholder’s premium liability.
Interview policyholders to obtain information about premiums, including payroll and personnel records.
Perform physical audits on multi-state accounts as required.
Communicate completed audit information to the appropriate contact and ensure results are understood.
Review policy information, Workers’ Compensation manuals, classification codes, and rules to determine insured operations and prepare for audits.
Notify the business unit of necessary changes to entities, officers, partners, and others so policies can be properly endorsed.
Maintain confidentiality of processed information.
Work with minimum supervision and independently resolve situations.
Apply technical knowledge and principles with progressive responsibility, including work on complex problems with broader impact.
Contribute to cross-functional teams and demonstrate collaboration with disciplines such as claims and underwriting; may take on a leadership role.
Develop recommendations to change existing policies or programs.
Use conflict management, negotiation, and presentation skills.
Assist with training, development, and mentoring of premium audit staff.