Workers' Compensation Premium Audit Executive - Eastern Alliance
About The Position
An exciting opportunity exists to join the ProAssurance family of companies! Our mission is powerful and simple: We protect others. Choosing a place to apply your talents is an important decision for anyone. You have plenty of options. Why choose ProAssurance? At ProAssurance, we sell a pledge, and that pledge is delivered by our team members. We are seeking individuals who value integrity, leadership, relationships, and enthusiasm—and want to build their career with a great company where they can be their authentic self and feel valued, recognized, and rewarded for their contributions. ProAssurance specializes in healthcare professional liability, products liability for medical technology and life sciences, legal professional liability, and workers' compensation insurance. We are an industry-leading specialty insurer, with job opportunities in much of the contiguous United States. This position supports our workers' compensation line of business, Eastern Alliance, and is hybrid, reporting to any of our Eastern Alliance office locations approximately two times per month. The primary responsibility of the Premium Audit Executive is the accurate completion of assigned audits in a professional, ethical manner that is consistent with company and state guidelines. Additional responsibilities include establishing appropriate classifications, exposures and basis of premium, managing time and workload to maximize number of audits performed and minimize expenses, cultivating and developing high quality company-agency and company client working relationships, and providing assistance to manager as needed with items such as Visual Audit Administration, strategic partner reviews and requirements, monthly reporting, and agency relationships/education.
Requirements
- Bachelor’s degree in accounting, business, finance, insurance or related field
- Ten years of field premium audit experience
- Proficiency in Microsoft Office computer applications
- Ability to learn new computer software applications
- Attention to detail in processing information, establishing priorities and meeting deadlines
- Advance organizational and time management skills
- Advance analytical and problem-solving skills, including formulating logical and objective conclusions
- Ability to communicate effectively and professionally both verbally and in writing with all levels of the organization as well as with outside customers and clients
- Ability to work independently without close supervision
- Ability to maintain confidential information
- Ability to travel up to 80% of the time
- Ability to attend insurance industry/business functions to promote and present a positive image of the Company
Nice To Haves
- Advanced certification or training (i.e. Associate in Premium Audit (APA) or Certified Insurance Premium Auditor (CIPA))
Responsibilities
- Manage audit assignments, performing territorial management of process with focus on large and complex accounts.
- Analyze select audits by reviewing the insured’s business operations, including examining, verifying and recording pertinent classification-related data from financial/business records.
- Conduct audits to optimize timeliness and productivity.
- Resolve issues with the insured to ensure understanding of issues and to cultivate high quality working relationships with customers and agency partners.
- Assist manager in Visual Audit Administrator rights with audit assignment ordering and transferring responsibilities.
- Approve audits greater than 10,000 premium adjustments, process audits in AGO system.
- Monitor and manage aged 120-day audit listing and make appropriate recommendations.
- Lead, direct and coach the work of less experienced team members.
- Support professional development of staff by mentoring specified individuals and assisting with new team member orientation.
- Conduct formalized training presentations.
- Serve as the main point of contact for assigned region; bring audit disputes to resolution, as well handle non-cooperative audit situations.
- Collaborate with manager and other departments on operational objectives, identifying operational efficiencies and special projects.
- Assistance with management in preparing reports as needed.
- Communicates audit results and decisions to customers respecting business relationships.
- Identify issues to be addressed by underwriter.
- Attend related training seminars as needed.
- Travel, possibly overnight on occasional basis.
Benefits
- Best-in-class benefits program
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What This Job Offers
Job Type
Full-time
Career Level
Senior
