Premium Audit Specialist

BerkleyJersey City, NJ
Hybrid

About The Position

The Premium Audit Specialist is responsible for providing the necessary support to the insurance premium audit function, conducting timely quality reviews and processing of audits on the organization’s book of business. This person will perform virtual audits in Workman's Compensation and GL primarily in the construction industry but may audit in other industries as needed. The preferred location of this role will be in our Jersey City, NJ office with a hybrid in-office expectation however, if an individual does not reside in this jurisdiction than the position will be Remote . Key customer service point of contact providing customer service to both internal and external customers.

Requirements

  • Bachelor’s degree in Accounting / Finance / Business or equivalent work experience.
  • Minimum 5 years of Premium Audit Experience with an Insurance Carrier.
  • APA Certification however, if someone does not currently possess the APA certification the expectation is to achieve your APA within 18 months of hire.
  • Audit experience in CA and/or PA, NY and NJ with specific knowledge pertaining to each individual bureau.
  • Experience with participating in the Test Audit process.
  • Experience with NCCI.
  • Self-motivated, energetic, and effective team member wanting to be an integral part of a team atmosphere.
  • Excellent computer skills with emphasis on MS Office applications specifically Excel.
  • Exceptional demonstrated analytical skills.
  • Strong organizational and prioritization skills.
  • Is flexible and has the ability to adjust to new situations and changing priorities.
  • Outstanding written and verbal communication skills.
  • Carefully listens to internal and external customer needs to facilitate required support.
  • Demonstrates a commitment to superior service and always represents the company in a positive and professional manner.

Responsibilities

  • Handle all technical aspects of the audit from initial assignment, client outreach, collection and review of records to audit submission
  • Responsible for conducting audits for policies with both single-state and multi-state exposures across all jurisdictions
  • Responsible to handle assigned audit disputes with objective of achieving successful resolution.
  • Provide support to the underwriting teams regarding inquiries and with the proper classification of accounts.
  • Alert Premium Audit Manager of potential fraud situations.
  • Serve as an audit liaison between audit vendors, insured, agents and internal staff members.
  • Additional tasks pertinent to the operation functions.
  • Respond to all telephone and e-mail inquiries as needed, initiating contact with insureds, producers, or auditors to request additional information required for completing an audit.
  • Completing all necessary reports and administrative tasks in a timely manner.
  • Work with Premium Audit Manager, supervisors and underwriting teams to help enhance existing programs to improve overall premium audit results.

Benefits

  • Health
  • Dental
  • Vision
  • Life
  • Disability
  • Wellness
  • Paid Time Off
  • 401(k)
  • Profit-Sharing plans
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