Premium Audit Analyst

Berkshire Hathaway Homestate CompaniesOmaha, NE
75d

About The Position

Berkshire Hathaway Homestate Companies, Workers Compensation Division, has an opening for a Premium Audit Analyst in our Omaha, NE location. This individual will actively engage in job training to acquire and develop a basic understanding of classification codes and premium audit manual rules for a single jurisdiction in order to complete final premium audits on assigned workers compensation policies, concentrating initially on small workers compensation policies containing few classification codes and states.

Requirements

  • Bachelor's degree in Business, Statistics, Finance or Accounting from four-year college or university required.
  • Some transferrable premium audit experience or sufficient combination of education and experience.
  • Proficient in Microsoft Office software and able to be proficient on applicable databases, systems, and vendor software programs.
  • Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
  • Ability to write reports and professional business correspondence.
  • Ability to effectively present information and respond to questions from groups of managers, clients, and the general public.
  • Ability to solve practical problems and deal with a variety of concrete variables in situations where some limited standardization exists.
  • Ability to define problem, collect data, establish facts, and draw valid conclusions.
  • Ability to interpret an extensive variety of technical instruction in mathematical or diagram form and deal with several abstract and concrete variables.
  • Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
  • Ability to compute rate, ratio, and percent and to interpret bar graphs.
  • Ability to interpret instructions furnished in written, oral, diagram, or schedule form.

Responsibilities

  • Successfully demonstrates understanding of foundational concepts of audit submission and audit procedures, payroll examination and assignment of classification codes, and usage of applicable Bureau/State online/call center resources acquired through on-the-job training.
  • Reviews documentation submitted via customer portal.
  • Proactively communicates with policyholders and agents as needed to gather necessary information, asking basic questions to verify classification codes and determine final payroll.
  • Identifies obvious issues and concerns and timely notifies Supervisor for review.
  • Summarizes audit findings utilizing company software, providing general descriptions to justify classification codes.
  • Creates basic worksheets to verify final audited payroll.
  • Identifies discrepancies compared to pre-audit classification codes and states.
  • Contacts internal/external stakeholders regarding unusual items and timely forwards to management for discussion and approval.
  • Conducts research on applicable Bureau websites and call centers as needed to complete the final audit.
  • Becomes familiar with basic company protocols and workflows and references as needed.
  • Performs basic review of policy details.
  • Works with Underwriting to ensure correct application of classification codes.
  • Timely forwards discrepancies and concerns to Supervisor for review.
  • Processes final audit and revised final audit transactions on policies.
  • Provides basic summary of audit development to justify AP/RP.
  • Prepares to answer basic questions regarding development.
  • Correctly identifies and forwards disputes to resolution team.
  • Responds to basic inquiries regarding the premium audit process and standard Finance workflows.
  • Forwards all other inquiries to Supervisor for review.
  • Becomes familiar with Company communication guidelines and standard operating procedures.
  • Provides gold-standard service to internal and external stakeholders, timely responding to emails and phone calls, transferring inquiries as appropriate, and providing general assistance to all business partners.
  • Performs other related duties or special projects as assigned by leadership or as situation dictates.

Benefits

  • Work-Life Balance
  • Work From Home Program (up to 2 days per week upon eligibility)
  • Free On-Site Fitness Facility
  • Garage Parking provided
  • Paid Time Off
  • Paid Holidays
  • Retirement Savings Match
  • Group Health Insurance (Medical, Dental, and Vision)
  • Life and AD&D Insurance
  • Long Term Disability Insurance
  • Paid Community Volunteer Day
  • Employee Assistance Program
  • Tuition Reimbursement Program
  • Employee Referral Program
  • Diversity, Equity and Inclusion Program

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What This Job Offers

Job Type

Full-time

Career Level

Entry Level

Education Level

Bachelor's degree

Number of Employees

1,001-5,000 employees

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