The Premium Auditor initiates the Commercial Lines audit process and communicates findings with insureds. This position also reviews and consolidates policyholder's payroll, financial records, tax reporting and other ad-hoc reports to determine final Workers Compensation auditable exposures.
1. Initiate the Commercial Lines audit process gathering information from insureds and agents. Serve as the point of contact and provide support for policyholders throughout the audit process.
2. Review and consolidate policyholder's payroll, financial records, tax reporting and other ad-hoc reports to determine final Workers Compensation auditable exposures. Confirm policyholder operations to ensure correct classifications. Summarize reportable Auto and General Liability information.
3. Keep apprised of Workers Compensation regulatory manual rules, regulations and state exceptions and monitor communications, bulletins and manual changes to develop audits that meet both regulatory and Company standards.
4. Communicate audit findings with insureds to confirm final exposures and any changes being made.
5. Report changes found in audits (e.g. insured operations, classifications, payroll shifts, etc.) internally to underwriting staff for consideration on current policies and policy renewals.
6. Work effectively with insureds, agents, regulatory bureaus and all levels of Company personnel to respond efficiently to audit questions and disputes.
7. Maintain current status logs to ensure timely workflow.
8. Assist Audit & Rating Manager with audit revisions, test audit reviews, bureau initiated projects, and file maintenance.