Premium Auditor

Reposted 7 Days Ago
Be an Early Applicant
Atlanta, GA, USA
In-Office
Junior
Insurance
The Role
The Premium Auditor prepares for and conducts insurance premium audits, verifies policyholder records, communicates findings, and ensures compliance with regulations while maintaining client relationships.
Summary Generated by Built In

This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations.

 

Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.

The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric.

 

Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world class service — both pre- and post-claims. Ascot exists to solve our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.

 

 

Position Overview:

 

Reporting to the Premium Audit Supervisor, the Premium Auditor will conduct insurance premium audits for Workers Compensation policies.  This is a hybrid, 3 days in office position based in our Atlanta Office. 

 

 

Responsibilities: 

 

  • Preparing for and corresponding with clients to set up audit appointments
  • Examining policyholder’s records and gathering data to determine earned premium for risks are accurate

  • Verifying correct classes are being applied and in accordance with company procedures

  • Writing an effective description of operations

  • Preparing audit worksheet, communicating and explaining the results to stakeholders

  • Applying NCCI Basic Manual and independent state bureau rules and principles 

  • Adhering to company standards and business ethics

  • Maintaining confidentiality

  • Attending court hearings, as needed, including testifying regarding audit findings

  • Reviewing claims activity on policies to ensure that employee coding is consistent and accurate
  • Discussing issues and problems with the insured to ensure understanding of the change in premium exposures and to maintain good customer relations
  • Commit to The Ascot Way: Embody The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability.

 

 

Requirements:

 

  • A minimum of 2 years of premium audit experience
  • High school diploma
  • Ability to work independently
  • Working knowledge of insurance and accounting principles
  • Experience with the Microsoft Office Suite (Excel, Word, Outlook, etc.)
  • Must be self-motivated, self-disciplined and exhibit a willingness to learn
  • Excellent time management and organizational skills
  • Excellent verbal and written communication skills
  • Professional demeanor 
  • Ability to Travel with some overnight stay, including occasional out of state travel
  • Valid driver’s license with clean driving record

Company Benefits

The Company provides a competitive benefits package that includes the following (eligibility requirements apply):

  • Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more

  • Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)

  • Retirement Benefits: Contributory Savings Plan (401k)

 

#LI-Hybrid

#LI-MR1

Skills Required

  • Minimum 2 years of premium audit experience
  • High school diploma
  • Working knowledge of insurance and accounting principles
  • Experience with the Microsoft Office Suite
  • Excellent verbal and written communication skills

Ascot Group Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Ascot Group and has not been reviewed or approved by Ascot Group.

  • Healthcare Strength Health coverage in the U.S. is characterized as excellent, with indications that individual medical can be employer-paid in some cases. Company materials also highlight comprehensive medical, dental, vision, and wellness resources.
  • Retirement Support A 401(k) with company contributions or match is consistently highlighted, alongside options such as HSAs and FSAs. This points to structured support for longer-term financial security.
  • Leave & Time Off Breadth Generous PTO and paid holidays are emphasized, with additional leaves such as caregiver, adoption, and disability frequently included. Some locations note extras like birthdays off.

Ascot Group Insights

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The Company
HQ: Bermuda, Bermuda
1,095 Employees

What We Do

Ascot Group is a global specialty insurance and reinsurance group with a record of underwriting excellence and superior claims service. Founded in 2001, Ascot provides a broad range of property and casualty products to customers worldwide through its Lloyd’s and Bermuda market platforms. In the United States, Ascot provides specialized insurance products to small and mid-sized businesses as well as offering underwriting services to high-quality carrier and syndicate partners.

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