Liberty Mutual Insurance logo
Liberty Mutual Insurance

Liberty Mutual Insurance exists to help people embrace today and confidently pursue tomorrow. A Fortune 100 company and global leader in property and casualty insurance, we’ve spent over a century creating innovative products, services and technologies to meet the world’s ever-changing needs and make a difference for our customers and communities.

Premium Auditor II

AuditorAuditorFull TimeRemoteMid LevelTeam 10,001+Since 1912H1B SponsorCompany SiteLinkedIn

Location

United States

Posted

22 hours ago

Salary

$61K - $96K / year

Seniority

Mid Level

No structured requirement data.

Job Description

Premium Auditor II

Liberty Mutual Insurance

Role Description Our professional auditors are integral to our company's mission by ensuring the financial integrity of premium development. In this role, you will examine policyholders' operations and financial records to ensure exposures (such as payroll, sales, fixed assets) are accurately calculated within strict insurance guidelines and communicate audit findings through detailed formal reports. As a Premium Auditor, you will work out of your home, when not traveling to policyholders' locations. - Perform examination of policyholders' accounting and financial records to ensure accurate calculation of earned premium for smaller, less complex risks. - Ensure that audited exposures (payroll, sales, fixed assets, etc.) are accurately calculated within strict insurance guidelines. - Communicate audit findings through detailed formal reports supported by audit workpapers. Qualifications - Review appropriate audit documentation and/or company policy systems to determine auditable exposures and coverages 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., Central Processing, Distribution, Underwriting, Agent/Broker, etc.) to elaborate on current risk conditions or initiate necessary changes to the policy contract. - Exhibit effective workload management skills through efficient time utilization, including scheduling audit appointments taking into account priority and location of assignments within assigned territory, 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 assigned, coordinate assignment of multi-location audits for large risks, review location audits to ensure quality and accuracy, and consolidate in proper format for rating purposes. - As requested, assist with complex audits, Special Investigative Unit (SIU) related accounts, and/or special projects, including mentoring, presentations, etc. Benefits - The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications, and location. - The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. - Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role. - Comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Company Description At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. We value your hard work, integrity, and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information, or on any basis prohibited by federal, state, or local law.

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