Selective Insurance · 1 day ago
Premium Auditor/ Sr Premium Auditor (Remote)
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Responsibilities
Manage, schedule and conduct physical / virtual audits for selected Commercial Lines policies based on auditable exposures. Audit consists of reviewing the insured’s business operations, examining and recording data from financial / business records. Evaluate all subcontractor operations and detail exposures according to manual rules. Verify claims data. Determine and/or develops premium basis and classification. All in accordance with company, industry and government rules and regulations.
Manage and schedule territory and inventory to optimize efficiencies, auditor expectations and meet internal and external customer needs. Responsible for automobile travel within territory traveling to insureds. Car travel represents approximately 70-80% of employee’s time.
Upon audit completion, provide notification to underwriting team of any changes in exposures, business operations, products/services, additional or deleted classifications, locations, entities, new construction, etc.
With Manager/Senior Auditor guidance, respond to and resolves audit disputes and make appropriate changes to revise audits as needed. Compile pertinent facts related to disputes, document and communicate the results of the analysis, and prepare amended audits and submit for billing. Resolve test audit disputes for non-National Council on Compensation Insurance (NCCI) states.
Maintain a positive customer relationship and develop relationships with internal and external customers to provide ongoing technical expertise.
Utilize automated premium audit work management system, commercial lines automated system and other tools to complete assignments in accordance with established goals.
Develop, apply, and maintain working knowledge of company premium audit technical policies and procedures and demonstrate an understanding of the property/casualty insurance business.
May provide mentoring to newly hired auditors.
Qualification
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Required
1 year Premium Audit experience
2 years Underwriting experience
2 years Accounting experience
Remain informed with all insurance manuals, premium audit manuals, handbooks, guides and related materials.
Ability to effectively communicate and work independently without direct supervision.
Demonstrate a proficiency in usage of computer tools including: Microsoft Excel, Internet research applications, etc.
Able to climb stairs and consistently carry 20 pounds.
Must be able to travel to insureds’ offices on a daily basis within the assigned territory, or outside of the assigned territory depending on inventory levels, which may require overnight travel.
Must have valid state-issued driver’s license in good standing.
Preferred
College degree in Insurance, Accounting, Finance or related field is preferred or related work experience desirable.
Work towards achieving Associate in Premium Auditing 91 (APA 91) and Associate in Premium Auditing 92 (APA 92) is encouraged.
Company
Selective Insurance
At Selective, we maintain a commitment to provide unique insurance solutions that help keep the families and businesses of our communities protected.
Funding
Current Stage
Public CompanyTotal Funding
unknown1978-01-13IPO
Recent News
2024-12-05
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