Berkshire Hathaway Homestate Companies - Workers Compensation Division ยท 1 month ago
Premium Auditor
United States
Full-time
Remote
Mid Level
$71K/yr - $88K/yr
3+ years expBerkshire Hathaway Homestate Companies, Workers Compensation Division, is looking for a Premium Auditor in the Chicago area to join our team. This professional will be primarily responsible for completing final premium audits both remotely and onsite as needed and will assist in strengthening relationships with agents and policyholders as a primary contact regarding audit result inquiries.
Financial ServicesInsurance
No H1B
Responsibilities
Reviews documentation submitted via customer portal
Proactively communicates with policyholders and agents as needed to gather necessary information, including complex payroll forms
Requests and reviews any additional payroll or tax document needed to perform final audit
Asks detailed questions to verify classification codes and determine final payroll
Identifies issues and concerns; addresses noncomplex concerns with external stakeholders and timely notifies Supervisor as needed for further review
Performs onsite inspections as assigned or as needed
Provides detailed summary of audit results utilizing company software, providing company-specific descriptions to justify classification codes
Creates both standard and complex worksheets to verify final audited payroll
Identifies discrepancies compared to pre-audit classification codes and states and provides detailed explanations
Contacts internal/external stakeholders regarding unusual items and timely forwards to management for discussion
Independently resolves complex discrepancies within prescribed authority level
Acts as primary contact for agents and policyholders regarding inquiries about individual audit results
Conducts research on applicable Bureau websites and call centers as needed to prepare for meetings with policyholders and when performing onsite visits
Utilizes Bureau manuals to verify classification codes and review payroll inclusions/exclusions
Submits all levels of inquiries to State Bureaus as appropriate
Develops and utilizes contacts within bureaus for ongoing research to more efficiently classify risks
Performs thorough of policy details
Works with Underwriting to ensure correct application of classification codes and reviews applicable manual rules
Resolves all discrepancies and forwards major concerns to Supervisor/Manager for review
Processes final audit and revised final audit transactions on policies
Provides comprehensive summary of audit development to justify AP/RP
Prepares to answer complex questions regarding development
Identifies and acknowledges dispute submissions
Makes appropriate inquiries and requests additional information as needed to validate dispute
Works with applicable stakeholders (Insured, Underwriting, Marketing, Producer) to resolve both standard and complex disputes
Provides general overview of dispute resolution process when requested
Responds to standard and complex inquiries regarding the Premium Audit process and standard Finance workflows
Advises Underwriting, Loss Control, Claims, and other internal departments on standard and complex Premium Audit-related rules and procedures
Collaborates with other teams as directed to ensure an efficient policy lifecycle
Becomes familiar with Company communication guidelines and standard operating procedures
Provides gold-standard service to internal and external stakeholders, timely responding to emails and phone calls, transferring inquiries as appropriate, and providing general assistance to all business partners
Performs other related duties or special projects as assigned by leadership or as situation dictates
Serves as a change agent in driving on-going process improvement in compliance and efficiency
Qualification
Required
Bachelor's degree in Business, Statistics, Finance, or Accounting from a four-year college or university required
A minimum of 3 years of relatable premium audit experience is required
Proficiency in Microsoft Office/365 suite of applications (e.g., Outlook, Word, Excel, PowerPoint) and ability to be proficient in applicable databases, systems, and vendor software programs required
Relationship Building
Reasoning Ability
Results Oriented
Benefits
Opportunity for Growth
Paid Time Off
Paid Holidays
Immediate Vesting of Retirement Savings + Company Match
Group Health Insurance (Medical, Dental, and Vision)
Life and AD&D Insurance
Hospital Indemnity Insurance
Long Term Disability Insurance
Accident and Critical Illness Insurance
Flexible Savings Accounts
Paid Community Volunteer Day
Employee Assistance Program
Tuition Reimbursement Program
Employee Referral Program
Diversity, Equity and Inclusion Program
Company
Berkshire Hathaway Homestate Companies - Workers Compensation Division
Financial Strength and Integrity With more than 50 years in business, BHHC has grown from a regional organization to a national insurance group, offering insurance products from coast to coast.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
A
Andy Linkhart
Chief Claims Officer and Chief Financial Officer
David Speights
Vice President of Analytics
Recent News
Company data provided by crunchbase