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Premium Auditor
Liberty Mutual
Los Angeles, CA, United States
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Description
Advance your career at Liberty Mutual Insurance - A Fortune 100 Company!
The Premium Auditor will perform examination of policyholders' accounting and financial records for small to large complex risks. Identify, communicate and resolve issues found at audit with appropriate stakeholders. Submit accurate audited exposures (i.e., payroll, sales, fleet, etc.) calculated within strict insurance guidelines through finalized audit work papers that are used to promulgate accurate calculation of earned premium.
Responsibilities:
• Review appropriate audit documentation and/or company policy systems, to determine auditable exposures and coverage’s provided by the policy and plan audit strategy.
• Investigate policyholder operations to obtain actual exposures, verify classifications as they apply to the policy and ensure conformity to various state laws and insurance regulations for the appropriate audit period.
• Prepare detailed work papers and written correspondence in support of audit findings.
• Identify issues to be communicated and socialize the audit information to appropriate stakeholders (i.e., Underwriting, Agent/Broker, etc.) to elaborate on current risk conditions or initiate necessary changes to the policy contract.
• Schedule audit appointments with policyholders taking into account priority of assignments, and location within assigned territory.
• Exhibit effective workload management skills through efficient time utilization including managing work-in-process and documenting progress for appropriate stakeholders/management.
• Perform routine administrative tasks such as: Time Tracking Expense Reports, Mileage Reports, etc.
• As requested, assist with complex audits and/or special projects.
Qualifications:
• At least 1 year of premium audit experience.
• Bachelor's degree, preferably with a business, accounting, or finance.
• Demonstrated accuracy and attention to detail, data gathering and reporting skills, and ability in handling small to large complexity risks.
• Knowledge of basic accounting concepts.
• Excellent written, verbal and interpersonal skills.
• Ability to communicate and resolve disputes with individuals at all levels within and outside the organization.
• Proficient in MS Office software applications (Excel, Word, etc.).
• Ability to work autonomously and effectively manage workload.
• Must maintain a valid driver`s license for regular travel to customer locations.
Benefits:
We value your hard work, integrity and commitment to positive change. In return for your service, it’s our privilege to offer you benefits and rewards that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits
Overview:
At Liberty Mutual, we give motivated, accomplished professionals the opportunity to help us redefine what insurance means; to work for a global leader with a deep sense of humanity and a focus on improving and protecting everyday lives. We create an inspired, collaborative environment, where people can take ownership of their work; push breakthrough ideas; and feel confident that their contributions will be valued and their growth championed.
We’re dedicated to doing the right thing for our employees, because we know that their fulfillment and success leads us to great places. Life. Happiness. Innovation. Impact. Advancement. Whatever their pursuit, talented people find their path at Liberty Mutual.