Premium Auditor - Advanced Auditor Division

Reposted Yesterday
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Cheshire, CT, USA
In-Office
26-31 Hourly
Mid level
Fintech • Payments • Financial Services
The Role
The Premium Auditor manages financial audits for commercial property and casualty insurers, ensuring compliance, detecting fraud, and preparing audit documents.
Summary Generated by Built In

ARMStrong Insurance Services is the leading and most trusted name in the world of debt recovery and financial solutions. With a track record of excellence and reliability, we have proudly served businesses across various industries for decades, ensuring efficient B2B collections and tailored debt recovery solutions. As the parent company, ARMStrong is proud to own and operate Brown & Joseph, Paragon, SubroIQ, and NEIS, each a powerhouse in their own right, providing specialized expertise in debt management and financial services.
NEIS, LLC has been a leader in the insurance audit and loss control prevention industry since 1945 and seeking a Premium Auditor as we continue to grow our team. Premium Auditors examine the financial records of businesses insured by commercial property and casualty insurers to make sure they are following laws and regulations. As a premium auditor, looking for evidence of fraud and checking that insured businesses adhere to these regulations are your primary responsibilities.

Job Responsibilities: 

  • Handle premium audits for dedicated AAD customers.
  • Prepare for the audit by identifying the necessary information and type of records needed
  • Prepare schedule to maximize optimal use of time
  • Correspond with insured via phone, email and mail to setup audit appointments, determine record-keeping system, and request specific records required
  • Examine the policyholder's records, gather data to determine correct classifications for business activities and write an effective description of operations
  • Using SOP and Client requirements, prepare complete audit document and explain results to insured
  • Meet minimum billable requirements

Job Requirements: 

  • Minimum 3+ years premium auditing experience, with physical audit experience preferred
  • Experience with auditing WC, GL and GARL policies
  • Ability to read, analyze and interpret financial documents
  • Moderate proficiency using Excel, including pivot tables, AutoSum, basic formulas, formatting, etc.
  • Ability to handle larger, more complex audits by working with multiple record systems and file formats, auditing/reconciling multiple entities and locations, communicating effectively with Agents/Brokers and senior-level employees, and diligent managing schedules and follow-up activities
  • Organized and efficient, with ability to follow strict scheduling protocols
  • Demonstrated experienced in handling WC audits in Test Audit states such as CA, PA, DE or NY preferred
  • RFC and critical error rates within current average bandwidth for all auditors
  • Ability to communicate well with both external and internal customers, and represent NEIS in a professional manner
  • Bachelor’s degree in Business or Accounting preferred; experience in bookkeeping, accounting or commercial insurance will be considered in lieu of a college degree

Compensation and Benefits:

  • Benefit package with health, dental, vision, life and disability coverage options
  • 401(k) retirement plan option with company matching
  • Generous paid time off policy and 7 paid holidays 
  • Hourly range is $26.44 - 31.25 with quarterly production bonus possibilites (DOE)
  • Weekly pay
  • 401(k) plan with company matching and immediate vesting 

We look forward to you joining the team!
 

Skills Required

  • Minimum 3+ years premium auditing experience, with physical audit experience preferred
  • Experience with auditing WC, GL and GARL policies
  • Ability to read, analyze and interpret financial documents
  • Moderate proficiency using Excel, including pivot tables, AutoSum, basic formulas, formatting, etc.
  • Organized and efficient, with ability to follow strict scheduling protocols
  • Bachelor's degree in Business or Accounting preferred; experience in bookkeeping, accounting or commercial insurance will be considered in lieu of a college degree
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The Company
Itasca, Illnois
699 Employees

What We Do

ARMStrong Insurance Services is the parent company of the leading and most trusted brands in the debt recovery and financial solutions industry. With a track record of excellence and reliability, we have proudly served businesses across various industries for decades, ensuring efficient B2B collections and tailored debt recovery solutions. As the parent company, ARMStrong is proud to own and operate Altus Receivables Management, Amalgamated Financial Group, Brown & Joseph, NEIS, Paragon, and SubroIQ, each a powerhouse in their own right, providing specialized expertise in debt management and financial services. Our team of seasoned professionals is dedicated to delivering results and maximizing our clients' recovery potential while maintaining the highest standards of integrity and compliance. At ARMStrong Receivable Management, we strive for excellence in every aspect, empowering businesses to overcome financial challenges and reach new heights of success

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