Job Description
Conduct premium audits via electronic methods and telephone conference with insureds. Examine and evaluate the insured’s records to determine appropriate classifications and exposures on policyholder reports to determine accurate premiums. Manage your workload to achieve timeliness and production goals while maintaining quality results.
Review information obtained through the admin process to ensure all records have been submitted and will request any additional information and records from insured to complete the audit. Schedule time with insured to review information and conduct audit via telephone/online conference. Complies with state regulations and company guidelines, and maintains working knowledge of all insurance manuals, premium audits manuals, and related material. Inputs a summary of audit information in Premium Audit Tracking System (PATS) for final Audit Transaction to determine premium adjustment. Refers highly complex issues and problems to Premium Audit Supervisor. Performs the audits on payroll based and composite exposures. Has a stronger understanding of ISO and NCCI rules to ensure proper classification and exposure development. Works across a larger span of geographical territory, understanding state specific rules and guidelines. Assists in the training of new Hub Audit staff and can be assigned as a mentor.
About Berkley Premium Audit Services
Founded in 1967, W. R. Berkley Corporation has grown into one of the largest commercial lines property and casualty insurers in the United States.