Advance your career at Liberty Mutual Insurance - A Fortune 100 Company!
About Liberty Mutual Insurance:
"Helping people live safer, more secure lives" since 1912, Boston-based Liberty Mutual Insurance is a diversified global insurer and the third largest property and casualty insurer in the U.S. based on 2011 direct premiums written as reported by the National Association of Insurance Commissioners.
Liberty Mutual Insurance also ranks 84th on the Fortune 100 list of largest corporations in the U.S. based on 2011 revenue. As of December 31, 2011, Liberty Mutual Insurance had $117.1 billion in consolidated assets, $99.3 billion in consolidated liabilities, and $34.7 billion in annual consolidated revenue.
Liberty Mutual Insurance offers a wide range of insurance products and services, including personal automobile, homeowners, workers compensation, property, commercial automobile, general liability, global specialty, group disability, reinsurance and surety. Liberty Mutual Insurance (
) employs over 50,000 people in more than 900 offices throughout the world.
Commercial Insurance Premium Audit is looking to hire a Senior Premium Auditor to independently perform examination of policyholders' accounting and financial records to insure accurate calculation of earned premium for large, complex risks. Insure that audited exposures (payroll, sales, fixed assets, etc.) are accurately calculated within strict insurance guidelines. Communicate audit findings through detailed formal reports supported by audit workpapers. As needed, coordinate assignment of large, multi-location audits inter-regionally, wrap up multiple individual audit assignments to ensure accurate form and presentation for billing purposes, and conduct internal claims, loss or financial audits. Work with Special Investigative Unit (SIU) to investigate/resolve instances of potential fraud. Act as formal mentor for inexperienced premium auditors, and contribute to department results through special assignments.
Review appropriate company files and documentation to determine specific coverages provided by the policy and plan audit strategy.
Investigate policyholder operations to verify correctness of coverage exposures and classifications as they apply to the policy and insure conformity to various state laws and insurance regulations. If evidence of potential fraud, work independently with Special Investigative Unit (SIU) to research further and resolve.
Prepare detailed workpapers and written correspondence in support of audit findings.
Prepare and disseminate post-audit information to various departments (Sales, Underwriting, etc.) to initiate necessary changes to the policy contract.
Perform test audits on selected policyholders at policy inception to: ensure all exposures were identified and properly classified; establish proper policyholder accounting practices as they pertain to auditing procedures and insurance regulations.
Independently schedule audit appointments with policyholders with respect to priority of audit assignments and efficient time utilization.
Prepare routine office and department reports such as: Production Reports, Itineraries, Expense Accounts, etc.
As required: coordinate assignment of multi-location audits for large risks inter-regionally; wrap up individual audit assignments to ensure accurate form and presentation for billing purposes; conduct internal claims audits.
Act as formal mentor for inexperienced premium auditors.
Contribute to overall organizational results through special assignments; e.g., conduct on-site reviews with premium auditors, participate in quality peer review teams, prepare/conduct training sessions on special topics.
Bachelor's degree or equivalent in business-related discipline, relevant accounting or premium audit experience a plus
Knowledge of accounting concepts; effective written, verbal and interpersonal skills needed to exchange information with people at many different levels in an organization and resolve disputes
Working knowledge of Microsoft Office Suite applications
A valid driver's license is required for regular travel to customer locations
Demonstrated ability to effectively manage own workload and increasingly complex tasks, including those requiring coordination and guidance of other workers' activities
At least three years' premium audit experience
We recognize that talented people are attracted to companies that provide competitive pay, comprehensive benefits packages and outstanding advancement opportunities. For this reason we offer a Comprehensive Benefits Plan that includes the following
401K and Company paid pension plan
Discounts on automobile and homeowner's insurance
Discount fitness memberships
Flexible spending accounts
Vision care coverage
Credit Union membership
Employee and Dependent life insurance
Accidental death & dismemberment insurance
Liberty Mutual - 19 months ago
At Liberty Mutual Insurance, doing the right thing is essential to all that we do. Our commitment to building and sustaining a talented and...