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$57k–$101k/yr
Full-time
Flexible Time Off, Professional Development Opportunities, Employee Resource Groups, Health and Well-being Benefits
Posted 40d ago
~40 hrs/week
Responsibilities
Examine policyholders' financial records to ensure accurate calculation of earned premiums based on exposures like payroll and sales. Communicate findings through detailed formal reports and collaborate with stakeholders to update policy contracts.
Requirements
Candidates must be able to investigate operations to verify classifications and ensure conformity to state laws and insurance regulations. The role requires strong organizational skills to manage audit schedules and administrative tasks with minimal oversight.
Full job description
Description
Our professional auditors are integral to our company's mission by ensuring the financial integrity of premium development. In this role, you will examine policyholders' operations and financial records to ensure exposures (such as payroll, sales, fixed assets) are accurately calculated within strict insurance guidelines and communicate audit findings through detailed formal reports. As a Premium Auditor, you will work out of your home, when not traveling to policyholders' locations.
Responsibilities:
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.
Qualifications
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. With minimal oversight, schedule audit appointments with policyholders taking into account priority of assignments, and location within assigned territory.
Exhibit effective workload management skills through efficient time utilization including 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 requested, assist with complex audits and/or special projects.
About Us
Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve.
We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://www.libertymutualgroup.com/about-lm/careers/benefits
Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.
At Liberty Mutual, we believe progress happens when people feel secure. For more than 110 years we have helped people and businesses embrace today and confidently pursue tomorrow by providing protection for the unexpected and delivering it with care.
A Fortune 100 company with more than 40,000 employees in 28 countries and economies, we are the ninth largest global property and casualty insurer and generate more than $50 billion in annual consolidated revenue.
We operate through three strategic business units: US Retail Markets, providing auto, home, renters and other personal and small commercial lines property and casualty insurance to individuals and small businesses countrywide; Global Risk Solutions, delivering a full range of comprehensive commercial and specialty insurance, reinsurance and surety solutions to mid-size and large businesses worldwide; and Liberty Mutual Investments, deploying more than $100 billion of long-term capital globally across its integrated platform to drive economic growth, power innovation and secure Liberty Mutual’s promises.
For more information, visit www.libertymutualinsurance.com.
Offices: 175 Berkeley Street, Boston, MA 02116, US · 7900 Windrose Ave, Plano, Texas 75024, US · Safeco Plaza, 1001 4th Avenue, #3800, Seattle, WA 98154, US · 14050 N 83rd Ave, 100, Peoria, Arizona 85381, US · 4229 W Lake Mary Blvd, 100, Lake Mary, Florida 32746, US
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