Premium Auditor - Advanced Auditor Division

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Introduction

ARMStrong Insurance Services is a well-established company recognized for its extensive work in debt recovery and financial solutions. With a strong track record of providing efficient B2B collections and tailored debt recovery strategies, they have been serving businesses across various industries for decades. The company prides itself on reliability and excellence in the services it offers.

Company Overview

As a parent company, ARMStrong oversees several specialized entities, including Brown & Joseph, Paragon, SubroIQ, and NEIS. Each entity possesses its unique expertise, particularly in debt management and financial services. NEIS, which has been a significant player since 1945, specializes in insurance audits and loss control prevention and is currently seeking to hire a Premium Auditor.

Job Position: Premium Auditor

The Premium Auditor position is aimed at professionals who will examine the financial records of businesses insured by commercial property and casualty insurers. The role is to ensure compliance with laws and regulations while identifying any evidence of fraud. As a vital position within the Advanced Auditor Division (AAD), the auditor is responsible for various auditing tasks critical to the business operations.

Responsibilities

The key responsibilities for this role include:

• Handling premium audits for dedicated AAD customers.
• Preparing for audits by identifying necessary information and records needed.
• Scheduling to maximize use of time effectively.
• Corresponding with insured parties through various channels (phone, email, and mail) to set up audit appointments.
• Examining policyholder records, gathering data for the correct classification of business activities, and writing effective operation descriptions.
• Preparing complete audit documentation following Standard Operating Procedures (SOP) and client requirements, and explaining audit results to insured parties.
• Meeting minimum billable requirements for the audits conducted.

Required Skills and Qualifications

Successful candidates will possess the following skills and qualifications:

• A minimum of 3+ years of premium auditing experience, with physical auditing experience preferred.
• Familiarity with auditing Workers' Compensation (WC), General Liability (GL), and Guaranteed Cost Adjustment Rate Loss (GARL) policies.
• Strong skills in analyzing and interpreting financial documents.
• Moderate proficiency in Excel, including experience with pivot tables, formulas, and data formatting.
• The capability to handle larger, more complex audits involving multiple record systems and file formats, and proficient communication with agents, brokers, and senior-level employees.
• Strong organizational skills and the ability to follow strict scheduling protocols.
• Experience handling WC audits in designated testing states like California, Pennsylvania, Delaware, or New York is preferred.
• A Bachelor’s degree in Business or Accounting is preferred; however, relevant experience in accounting, bookkeeping, or commercial insurance will be accepted in lieu of a college degree.

Compensation and Benefits

The compensation package for the Premium Auditor position includes:

• An hourly pay range of $26.44 to $31.25 (depending on experience), with opportunities for quarterly production bonuses.
• A comprehensive benefits package covering health, dental, vision, life, and disability insurance options.
• A 401(k) retirement plan with company matching and immediate vesting.
• A generous paid time off policy alongside 7 paid holidays each year.
• Weekly pay structure enhancing cash flow for employees.

Equal Opportunity Employment

ARMStrong Insurance Services is committed to being an Equal Opportunity Employer. The company maintains a policy of non-discrimination based on race, color, religion, marital status, age, national origin, physical or mental disability, medical condition, gender identity, or any other legally protected status.

Conclusion

This Premium Auditor role at ARMStrong Insurance Services presents a valuable opportunity for balanced work-life, competitive salary, and strong benefits. Prospective applicants with relevant experience are strongly encouraged to apply, as ARMStrong Insurance Services continues to expand its team dedicated to maintaining high standards in the auditing field.

This job offer was originally published on himalayas.app