What are the responsibilities and job description for the BANK AND CORPORATE OWNED LIFE INSURANCE (BOLI/COLI) AUDITOR position at Jefferson Wells International Inc?
Our client, is seeking a Bank and Corporate Owned Life Insurance (BOLI / COLI) Auditor to join their team. As a Bank and Corporate Owned Life Insurance (BOLI / COLI) Auditor, you will be part of the Audit Services department. The ideal candidate will have strong analytical skills, excellent communication abilities, and a detail-oriented mindset which will align successfully in the organization.
Job Title : Bank and Corporate Owned Life Insurance (BOLI / COLI) Auditor
Location : Remote
Pay Range : $70.00 / hour - $80.00 / hour
What's the Job?
Conducting thorough audits of BOLI and COLI policies.
Conduct thorough audits of life and death claims to verify accuracy, completeness, and compliance with company policies and industry regulations.
Analyze claims documentation, including medical records, death certificates, policy terms, and beneficiary details, to validate eligibility and payment.
Identify and investigate potential fraud, discrepancies, or irregularities in claims processing.
Provide detailed audit findings and recommendations to enhance accuracy and efficiency in claims handling.
Collaborate with claims examiners, underwriters, and legal teams to resolve complex claims issues.
Ensure compliance with regulatory requirements, including state and federal laws governing life insurance claims.
Develop and maintain audit checklists, procedures, and reports to support continuous improvement initiatives.
Provide training and mentorship to junior auditors and claims staff to promote best practices.
What's Needed?
Bachelor's degree in finance, business, insurance, or a related field (or equivalent work experience).
Minimum of 5-7 years of experience in life insurance claims auditing, processing, or a related role.
Proven experience in auditing or financial analysis
Strong understanding of life insurance products
In-depth knowledge of life insurance products, claims processes, and regulatory compliance requirements.
Certification in insurance or auditing (e.g., FLMI, AIC) is a plus.
What's in it for me?
Opportunity to work with a dynamic and innovative team
Gain valuable experience in the financial services industry
Flexible work environment with remote options
Professional development opportunities
Be part of a company that values diversity and inclusion
If this is a role that interests you and you'd like to learn more, click apply now and a recruiter will be in touch with you to discuss this great opportunity. We look forward to speaking with you!
About ManpowerGroup, Parent Company of : Manpower, Experis, Talent Solutions, and Jefferson Wells
ManpowerGroup® (NYSE : MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands - Manpower, Experis, Talent Solutions, and Jefferson Wells - creates substantial value for candidates and clients across more than 75 countries and territories and has done so for over 70 years. We are recognized consistently for our diversity - as a best place to work for Women, Inclusion, Equality and Disability and in 2023 ManpowerGroup was named one of the World's Most Ethical Companies for the 14th year - all confirming our position as the brand of choice for in-demand talent.
Salary : $70 - $80
