Senior Premium Auditor

Company: BITCO INSURANCE COMPANIES
Location: Davenport
Posted on: May 24, 2023

Job Description:

BITCO Corporation is currently seeking a Premium Auditor located in or near our home office in Davenport, IA. BITCO provides quality property and casualty insurance services to specialized industries including construction, forest products and oil & gas. This is a remote position with required business travel to BITCO office locations and customer offices.Position Summary:As part of the Premium Audit team, this position is responsible for performing audits of customer data, evaluating customer information, and making audit conclusions for the assigned territory. Substantial independent action and judgement are required to make premium audit conclusions involving complex coverage and factual issues.Primary Responsibilities:Schedule and perform all assigned audits, focusing primarily on physical, phone, fax, or mail audits.Perform audits focusing on Worker's Compensation, General Liability, Commercial Auto, and Commercial Umbrella information on customer accounts.Handle all aspects of the audit - review records, field and answer questions from insureds, and communicate final results.With guidance from management and/or more experienced Premium Audit members, select which customer records, payroll information, and reports to audit.Recognize and report to management and/or other Premium Audit team members situations that may appear to warrant further investigation to prevent premium payment problems.Establish and maintain familiarity with customers and their operations, and maintain good working relations.Communicate final audit results to the Underwriting department when needed to ensure accurate customer accounts.Maintain knowledge of established company audit procedures as well as ISO and NCCI manuals to perform audits.Assist customers in establishing and maintaining audit records.Identify and take appropriate action when needed on changes for customer accountsReport changes in customer operations or financial conditions.Attend and collaborate in required company or office meetings.Performs other duties as assignedQualifications:2+ years of premium audit experience handling physical, phone, fax, or mail auditsSelf-motivated, with the ability to acclimate quickly to BITCO PA software and workflow while sustaining acceptable productivity levelsKnowledge of ISO (Insurance Services Offices) / NCCI (Workers' Compensation) regulations preferredAbility to read, comprehend, and interpret premium audit information, insurance and policy terms, factual information, and other insurance-related written documentsStrong communication skills and the ability to communicate effectively both verbally and in writingAbility to build and maintain positive customer relationshipsAbility to multi-task and effectively manage deadlinesAbility to travel to remote locations, including overnight travel, and operate a vehicle for extended periods of time. Must also be able to work outdoors in varying conditions.Proficient with Microsoft Office, including Word, Excel, and Outlook

Keywords: BITCO INSURANCE COMPANIES, Davenport , Senior Premium Auditor, Accounting, Auditing , Davenport, Iowa