Premium Auditor

AmTrust Financial Services, Inc.

About The Position

The Premium Auditor performs virtual audits of varying complexity ensuring the accuracy of earned premium risk calculations. Responsible for handling of audits of all size and complexity. 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. This job description is designed to provide a general overview of the requirements of the job and does not entail a comprehensive listing of all activities, duties, or responsibilities that will be required in this position. AmTrust has the right to revise this job description at any time.

Requirements

Bachelor’s Degree in Accounting, Finance, Business, or related discipline OR equivalent experience
Excellent written, verbal, and interpersonal communication skills
Demonstrated proficiency with Microsoft Office Suite
Strong organizational, analytical, customer service and interpretive skills.
Ability to effectively multi-task and work in a fast-paced, team-oriented environment

Nice To Haves

1 or more years of premium audit experience
Associates in Premium Audit Program (APA) certification preferred OR working towards APA certification

Responsibilities

Demonstrates proficient knowledge and skill in performing virtual audits on Workers Compensation and General Liability policies under limited supervision.
Examines records to ensure that calculations of earned premium for risks are accurate.
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.
Identifies, researches, and corrects policy-rating issues discovered during the audit process. Works to resolve audit discrepancies and disputes.
Performs other value add services including new business service calls, scheduled check-ins with account personnel.
Reviews results of audits with producers, underwriters, insured’s, and Premium Audit leadership.
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.
Performs other functionally related duties as assigned.