Sr Premium Auditor - Berkley
Chicago, IL 60661
About the Job
Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States. Along the way, we have been listed on the New York Stock Exchange, seen our revenue soar well past $7 billion, and become a well-respected Fortune 500 Company.
Berkley Premium Audit Services is an innovative provider of premium audit operation to 21 Berkley companies. If you are looking to join a fast-paced, energetic and passionate team with room for professional growth and development – Berkley may be a great fit for you.
This position can be fully remote- ideally for a colleague located in IL, GA, or PA state.
The Company is an equal employment opportunity employer. #LI-Remote #LI-AV1
Responsibilities:
As a Sr. PremiumAuditor focused on Workers Compensation, you'll audit each account assigned with optimum accuracy and efficiency. You'll complete each audit in a timely manner to avoid delinquency in relation to the expiration date of the policy. We'll trust you to audit each account in a professional and courteous manner, ensuring that all clients are provided with the highest standard of customer service. You'll be responsible for a defined territory and occasionally travel but you'll have the autonomy to schedule the day trips well in advance (some limited overnight travel).
What you can expect:
- Internal mobility opportunities – be a key person in our succession plan
Visibility to senior leaders and partnership with cross functional teams - Culture of celebrating diversity, innovation, teamwork, supportive colleagues and leaders willing to invest in talent
- Opportunity to lead change
- Benefits – competitive salary, paid time off, comprehensive wellness benefits and programs, profit sharing, 401k, paternity leave, employee stock purchase plan, tuition assistance and professional continuing education
We'll count on you to:
- Perform audits, examine financial records pertaining to the stated premium base.
- Determine from observation and questioning with insured, proper risk classification, premium basis and scope of operations.
- Conduct well organized audits preparing formal reports of audit results on notebook computer with provided software in accordance with established rules, regulations, guidelines, and procedures.
- Assess conditions of records used for audit. Discuss audit results with policyholders and send appropriate correspondence as warranted.
- Refer changes on classification assignment to Underwriter. Notify underwriter of significant changes in risk exposure in accordance with audit policies and procedures.
- Schedule audits efficiently and economically. Initiate confirmation calls to clients prior to appointment.
- Document all contacts and pertinent information.
- Attend work related functions and meetings as directed.
What you need to have:
- Experience with large complex Workers Compensation audits
- Ability to read, analyze, and interpret general business periodicals, professional journals, and technical procedures; write reports, business correspondence, and procedure manuals; and ability to effectively present information and respond to questions from groups of managers, employees, and agents
- Strong quantitative skills i.e ability to calculate discounts, interest, commission, volume, etc.
- A valid driver’s license
- Ability to travel to visit insureds who require physical audits (primarily daytrips approximately once a month; nominal overnight travel)
What makes you stand out:
- Excellent communication and relationship management skills to problem solve and exchange information
- Ability to project a warm and friendly manner in all business contacts and maintain a professional relationship with colleagues, agency contacts, and the general public
- Critical thinking skills to define problems, collect data, establish facts, and draw valid conclusions