What are the responsibilities and job description for the Premium Auditor II position at Builders Insurance Group Inc?
Position Summary
The Premium Auditor II provides a range of premium audits and audit services utilizing routine supervisory guidance. The Auditor II reviews relevant policyholder records to identify and communicate risk exposures and ensure appropriate premiums are charged. Responsibilities include scheduling audits, conducting reviews, and providing a summary of results to Underwriting, producers, and policyholders.
Responsibilities
- Perform a range of premium audits for assigned accounts utilizing substantial audit knowledge and effective communication skills to ensure policyholders and colleagues are well informed of audit status.
- Reach position-specific numerical audit milestones within department-designated timelines.
- Conduct thorough investigations into risk exposures, manage claims and coding information during audits, and offer actionable recommendations.
- Support accounts in managing their premium audit exposures and follow through on necessary actions.
- Stay abreast of developments in premium audit through industry publications, relevant coursework, seminars and other professional development means.
- Communicate any significant or unusual conditions affecting customer risk to internal and external stakeholders.
- Collaborate with Underwriting to establish and maintain high standards of accuracy and quality for all accounts.
- Maintain regular communication with internal leadership.
- Perform other duties as required.
- Associate in Premium Audit designation (is preferred) - or completion of APA 91, The Principles of Premium Auditing and APA 92, Premium Auditing Applications working toward the American Institute for Chartered Property Casualty Underwriters (AICPCU) completion requirements; or an equivalent combination of education and/or experience
- Four or more years of premium audit experience in the construction industry
- Knowledge of National Council on Compensation Insurance (NCCI) Workers Compensation Manual rules, Insurance Services Office (ISO) policies and analytics and Premium Audit Advisory Services (PAAS) technical information
- Skill in consultation with a solid knowledge of insurance principles, casualty/property/liability premium audit systems and underwriting
- Knowledge, at an intermediate level, of payroll taxes
- Skill in interpersonal interactions, with the ability to collaborate effectively with individuals at all levels
- Capacity to travel and work autonomously while ensuring transparent communication with internal leadership
- Skill in planning, time and organizational management with the ability to prioritize work and meet deadlines; ability to multi-task effectively while paying attention to detail
- Proficient in both verbal and written communication with the ability and commitment to maintain confidentiality
- Proficient with Microsoft Office Suite and function specific software applications
