Role Description
The Premium Auditor I is responsible for conducting remote premium audits through electronic review methods and virtual interactions with policyholders. This role analyzes payroll, financial, and operational records to accurately determine classifications, exposures, and premium calculations in accordance with applicable regulatory and carrier guidelines. The position requires strong analytical skills, attention to detail, and effective customer communication to deliver timely, high-quality audit results while consistently meeting productivity and service standards.
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Reviews information obtained through the administrative process to ensure all records have been submitted and will request any additional information and records from insureds to complete audits.
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Schedules time with insured to review information and conduct audits via telephone and online conference.
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Complies with state regulations and company guidelines, and maintains working knowledge of all insurance manuals, premium audits manuals, and related material.
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Inputs a summary of audit information in Premium Audit Tracking System (PATS) for final Audit Transaction to determine premium adjustment.
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Performs the audits on payroll based and composite exposures.
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Has a strong understanding of ISO and NCCI rules to ensure proper classification and exposure development.
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Refers highly complex issues and problems to Premium Audit Supervisor.
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Works across a larger span of geographical territory, understanding state specific rules and guidelines.
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Performs other duties as assigned.
Qualifications
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Bachelorโs Degree or equivalent plus 3+ yearsโ performing premium audits or equivalent combination of education and experience.
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Industry related designations a plus.
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Prior premium audit experience and basic knowledge of accounting/bookkeeping and insurance company operations are required.
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Test audit state experience required.
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Knowledge of manual rules for workersโ compensation, general liability, garage and commercial auto.
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Ability to keyboard accurately, respond quickly and professionally to customer inquiries; and organize, prioritize and manage multiple tasks in a fast-paced environment.
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Regularly and consistently demonstrates commitment to company values and guiding principles.
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Proficient with Microsoft Word, Excel, and Outlook.
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It is expected that the employee will correspond with insureds in a remote/virtual environment.
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The employee will need to communicate effectively with insureds via teleconference.
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Employee should be comfortable with all aspects of conducting virtual meetings including proper etiquette, screen sharing, and use of video cameras.
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Ability to consistently demonstrate the Berkley Core Competencies and Innovation Behaviors.
Benefits
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The company offers a competitive compensation plan and robust benefits package for full time regular employees.
Sponsorship Details
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Sponsorship not Offered for this Role.