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Premium Auditor

Employer
Liberty Mutual Insurance
Location
Albany, New York
Salary
Not Specified
Closing date
Apr 29, 2019

View more

Category
IT , Premium Audit
Job Type
Not Specified
Career Level
Not Specified

Job Details

Advance your career at Liberty Mutual Insurance - A Fortune 100 Company!Job Location: Albany, NY   Territory: Albany, NY as well as surrounding area (50-100 mile radius)  Under limited supervision, perform examination of policyholders' accounting and financial records for medium to large moderately complex risks. Identify, communicate and resolve issues found at audit with appropriate stakeholders. Submit accurate audited exposures (i.e., payroll, sales, fleet, etc.) calculated within strict insurance guidelines through finalized audit work papers that are used to promulgate accurate calculation of earned premium. Job Responsibilities:  
  • 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.

Qualifications:

  • Bachelor's degree or equivalent in business-related discipline, relevant accounting or premium audit experience a plus.
  • Working knowledge of Microsoft Office Suite applications.
  • Self-directed, well-organized, detail-oriented, with excellent written, verbal and interpersonal communication skills.
  • Ability to independently manage own performance a must as position works virtually. A valid driver's license is required for regular travel to customer locations.
Benefits:  We value your hard work, integrity and commitment to positive change. In return for your service, it's our privilege to offer you benefits and rewards that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits  Overview:

 

At Liberty Mutual, we give motivated, accomplished professionals the opportunity to help us redefine what insurance means; to work for a global leader with a deep sense of humanity and a focus on improving and protecting everyday lives.  We create an inspired, collaborative environment, where people can take ownership of their work; push breakthrough ideas; and feel confident that their contributions will be valued and their growth championed.
 
We're dedicated to doing the right thing for our employees, because we know that their fulfillment and success leads us to great places. Life. Happiness. Innovation. Impact. Advancement. Whatever their pursuit, talented people find their path at Liberty Mutual.

Company

When people have a sense of security, they are free to relax, venture out, and live their lives. This is the feeling Liberty Mutual brings to the world every day. Founded in 1912, we are a global leader in property and casualty insurance, focused on protecting and preserving the lives and dreams of customers in more than 30 countries. With over 50,000 employees throughout the world, we offer you the chance to work for an evolving, growing company with a deep sense of humanity and a commitment to diversity and philanthropy. Join our team and go to work knowing that what you do matters. Because really it does.

 

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