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 Premium Inside Auditors to ensure proper classification, measurement of exposure and determination of proper premium charges which accurately reflect the insurable risks by conducting telephone audits or reviewing premium audits of commercial lines policies in a timely and cost-effective manner. The emphasis on this position within the job family is on conducting telephone audits under minimal supervision and learning to review audits as preparation for advancement within the job family.
May have to work an alternative work schedule up to manager discretion
Within an assigned geographical area via telephone interviews and associated documentation, receives completed information from the insured, arranges interviews with business owners, managers, and independent accountants to ensure the proper reporting of information.
Obtains, analyzes, and verifies audit information through at least two sources, which may include payroll records, personnel and job lists, general ledgers, etc. to determine the proper classifications and exposures.
Using appropriate software completes audits by applying proper rules and classifications on various lines of business including worker's comp, CCP, general liability, garage etc.
Organizes and manages assigned workload to meet productivity, quality, and time service standards.
Prepares reports as requested.
Within defined guidelines, discusses and negotiates areas of dispute with agents and insureds to reach agreement on premium audit procedures and findings to ensure collection of adjusted premium and retention of good commercial lines business.
Seeks direction and guidance from the supervisor as needed.
Under moderate supervision reviews completed audits to ensure proper classification and exposures.
This includes physical audits and telephone audits as completed by staff and vendors.
Assists with ensuring compliance with all manual rules, state regulations, and state exceptions.
Begins to exercise some independent judgment in serving as a resource to commercial underwriting, agents, and insureds as well as the Premium Audit processing unit.
Performs other duties as assigned.
BA/BS college degree preferably in accounting or business or equivalent work experience
3 years of experience conducting non-physical audits (typically via mail or telephone) and reviewing all types of audits
PC experience with working knowledge of Excel and Word
Completion of introductory insurance courses and willingness to complete APA 91 & 92
Ability to organize time and workload
Good oral and written communications skills
Knowledge of general accounting principles and practices
General knowledge of commercial insurance products offered by the Company
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 - 12 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...