Premium Auditor II

Perform examination of policyholders' accounting and financial records to ensure accurate calculation of earned premium for smaller, less complex risks. Ensure that audited exposures (payroll, sales, fixed assets, etc.) are accurately calculated within strict insurance guidelines. Communicate audit findings through detailed formal reports supported by audit workpapers. Review appropriate audit documentation and/or company policy systems, to determine auditable exposures and coverages provided by the policy and plan audit strategy. Investigate policyholder operations to obtain actual exposures, verify classifications as they apply to the policy and ensure conformity to various state laws and insurance regulations for the appropriate audit period. Prepare detailed work papers and written correspondence in support of audit findings. Identify issues to be communicated and socialize the audit information to appropriate stakeholders (i.e., Central Processing, Distribution, Underwriting, Agent/Broker, etc.) to elaborate on current risk conditions or initiate necessary changes to the policy contract. Exhibit effective workload management skills through efficient time utilization. This includes scheduling audit appointments taking into account priority and location of assignments within assigned territory managing work-in-process and documenting progress for appropriate stakeholders/management. Perform routine administrative tasks such as: Time Tracking, Expense Reports, Mileage Reports, etc. As assigned, coordinate assignment of multi-location audits for large risks review location audits to ensure quality and accuracy. Consolidate in proper format for rating purposes. As requested, assist with complex audits, Special Investigative Unit (SIU) related accounts, and/or special projects, including mentoring, presentations, etc.