Virtual Premium Auditor I

Blue Cross Blue Shield of Michigan•Lansing, MI

4d•Hybrid

About The Position

Responsible for performing virtual audit and some occasional field audits in a multi-functional business unit, within established authority levels. Reviews accounting and financial information necessary to determine appropriate exposures for policyholders’ employees and subcontractors. Performs online, telephone and field audits, within established authority level. Contacts agents to review audit results, prior to invoicing on large accounts. Collects all pertinent data and documents needed to calculate policyholder’s premium liability. Interviews policyholders to obtain further information concerning premiums; e.g., payroll and personnel records. Performs physical audits on multi-state accounts, as required. Communicates completed audit information with contact and ensures results are understood. Reviews policy information by referring to Workers Compensation manuals, class codes and rules and prepares for audit in determining insured’s correct operations. Notifies business unit of necessary changes in entities, officers, partners, etc. to ensure that policy is properly endorsed. Maintains confidentiality of information processed. Works with minimum supervision.

Requirements

Relevant combination of education and experience may be considered in lieu of degree.
Bachelor’s degree in accounting, finance or related field.
With proper education credentials, one year relevant experience that provides the necessary skills, knowledge and abilities or completion of the premium audit trainee program.
Ability to work effectively in a multi functional business unit.
Knowledge of workers compensation insurance including knowledge of occupational classification codes and rules.
Ability to quickly and accurately work with many variables to arrive at premium calculations.
Ability to read, analyze, and interpret policy documents, technical and financial information, and procedure manuals.
Ability to initiate insurance transactions in compliance with all policies, procedures, legal and ethical guidelines.
Ability to perform necessary mathematical computations.
Ability and proficiency in the use of computers and company standard software specific to position.
Excellent oral and written communication skills.
Effective presentation skills in a variety of settings.
Ability to negotiate while establishing a personal rapport and maintaining an effective working and client relationship, both internally and externally.
Ability to maintain confidentiality.
Ability to manage multiple priorities, establish workflows and meet necessary deadlines.
Ability to work with minimum supervision.
Ability to perform other assignments at locations outside the office.
Driver's license is required.

Nice To Haves

Progress towards or completion of industry recognized professional designations (i.e. APA, IIA, AIU, CPCU, ARM) preferred.

Responsibilities

Performs online, telephone and field audits, within established authority level.
Contacts agents to review audit results, prior to invoicing on large accounts.
Collects all pertinent data and documents needed to calculate policyholder’s premium liability.
Interviews policyholders to obtain further information concerning premiums; e.g., payroll and personnel records.
Performs physical audits on multi-state accounts, as required.
Communicates completed audit information with contact and ensures results are understood.
Reviews policy information by referring to Workers Compensation manuals, class codes and rules and prepares for audit in determining insured’s correct operations.
Notifies business unit of necessary changes in entities, officers, partners, etc. to ensure that policy is properly endorsed.
Maintains confidentiality of information processed.
Works with minimum supervision.