Premium Auditor

Overview

The Premium Auditor I performs audits of low to moderate complexity ensuring the accuracy of earned premium risk calculations. Investigates and verifies the premium base exposures according to policy contract terms, manual rules, company filings, and procedures. Maintains a solid understanding of AmTrust’s mission, vision, and values. Upholds the standards of the AmTrust organization.

Responsibilities

Required:

• 4 years’ work experience OR four-year college degree gaining the above listed Skills Required
• Excellent written, verbal, and interpersonal communication skills
• Demonstrated proficiency with Microsoft Office Suite
• Strong organizational, analytical, and interpretive skills.
• Ability to effectively multi-task and work in a fast-paced, team-oriented environment
• 1 year of related premium audit experience

Qualifications

• Develops knowledge and skill in auditing technical reviews of physical, virtual and voluntary audits under moderate supervision. Examines / audits records to ensure that calculations of earned premium for risks are accurate.
• Identifies, researches, and corrects policy-rating issues discovered during the audit process. Works to resolve audit discrepancies and disputes.
• Validates that the correct classes are applied and are in accordance with governing regulatory agencies and/or independent state bureaus and company procedures by reviewing financial records and other relevant materials.
• Reviews results of audits with producers, underwriters, insured’s, and Premium Audit leadership.
• May perform telephone and/or virtual audits.
• Provides excellent customer service to both internal and external customers throughout the life cycle of the premium audit function.
• Keeps current with manual rules, market trends and demands.
• May be required to work overtime as assigned.
• Performs other functionally related duties as assigned.