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Liberty Mutual

Insures homes, cars and businesses worldwide

Premium Auditor 2

InsuranceUpdated on Nov 6
Full-time$65k - $102k

About the Job

Requirements

  • Review audit documentation and company policy systems to determine auditable exposures and coverages and plan audit strategy.
  • Investigate policyholder operations to obtain actual exposures, verify policy classifications, and ensure conformity with state laws and insurance regulations for the audit period.
  • Prepare detailed workpapers and written correspondence supporting audit findings.
  • Communicate audit information to appropriate stakeholders, including Central Processing, Distribution, Underwriting, and agents or brokers, to explain risk conditions or initiate policy contract changes.
  • Manage workload and time efficiently, schedule audit appointments based on assignment priority and location, manage work in process, and document progress for stakeholders and management.
  • Perform routine administrative tasks, including time tracking, expense reports, and mileage reports.

Responsibilities

  • Examine policyholders’ accounting and financial records to ensure accurate calculation of earned premium for smaller, less complex risks.
  • Ensure audited exposures, including payroll, sales, and fixed assets, are accurately calculated within insurance guidelines.
  • Communicate audit findings through detailed formal reports supported by audit workpapers.
  • Coordinate assignment of multi-location audits for large risks when assigned, review location audits for quality and accuracy, and consolidate them in the proper format for rating purposes.
  • Assist with complex audits, Special Investigative Unit-related accounts, or special projects, including mentoring and presentations, as requested.

About the Company

Liberty Mutual

Insures homes, cars and businesses worldwide

Liberty Mutual sells property and casualty insurance to individuals and businesses, covering damage to assets, injuries and legal liabilities. Its retail business writes home and auto policies, while its commercial operations cover business risks and specialized industries across global markets. The group also sells reinsurance to other insurers and surety bonds that guarantee obligations such as construction contracts. It collects premiums, prices and underwrites risk, pays covered claims and invests its insurance assets to earn income between collecting premiums and settling losses. Liberty Mutual began operating in 1912 and is headquartered in Boston, Massachusetts.

Company size
10,001+
Company stage
Not listed
Total funding
Not listed
Headquarters
Boston, MA
Founded
1912

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