Liberty Mutualposted 14 days ago
Entry Level
Minnetonka, MN
Insurance Carriers and Related Activities

About the position

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.

Responsibilities

  • Review appropriate audit documentation and/or company policy systems, to determine specific 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.
  • Develop effective workload management skills through efficient time utilization including managing work-in-process and documenting progress for appropriate stakeholders/management.

Requirements

  • You have 0-2 years of professional experience.
  • You are pursuing a bachelor's degree with a minimum 3.0 cumulative GPA.
  • You possess excellent written, verbal and interpersonal skills.
  • You have some business background with knowledge of basic accounting concepts.
  • You are proficient in MS Office software applications (Excel, Word, etc.).
  • You demonstrate effective organization and workload management skills.
  • You must possess and maintain a valid driver's license for regular travel to customer locations.

Job Keywords

Hard Skills
  • Audit Planning
  • Financial Integration
  • Fixed Asset
  • Insurance Law
  • Social Auditing
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  • rejzCUHN5vYOE AMzBUVRNu9D
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