Senior Premium Audit Specialist

2 weeks ago


Phoenix, Arizona, United States CFA Institute Full time
About Us

At CFA Institute, we are dedicated to serving our clients, communities, and each other. This commitment is at the heart of our mission.

For over 160 years, we have upheld our reputation as a leading property casualty insurer in the industry.

Discover a culture that emphasizes innovation and thrives on teamwork. Imagine enjoying your work and the environment in which you do it.

Job Category

Premium Audit

Compensation Overview

The annual base salary range for this position reflects a nationwide market range and encompasses a broad spectrum of salaries for this role across the country.

The actual salary will be influenced by various factors, including the role's scope, complexity, and location; the candidate's skills, education, training, credentials, and experience; as well as other employment conditions.

Our comprehensive compensation and benefits program also includes eligibility for performance-based cash incentive awards.

Salary Range
$54,000 - $89,900.00

Target Openings
3

What Is the Opportunity?

Within CFA Institute, our Enterprise Operations teams provide exceptional customer and agent experiences, drive revenue growth, and enhance underwriting results while fostering a culture of innovation and efficiency.

The Premium Audit division is tasked with performing audits on property & casualty commercial lines policies to determine appropriate classifications, exposures, and premium bases, in line with company, industry, and state regulations.

As a Senior Premium Audit Associate, you will conduct audits of increasing complexity with minimal oversight. Audits may be performed virtually or in-person.

This position is fully remote and may involve a mix of mobile work and/or work from your primary residence.

This role will support the California territory virtually, adhering to core business hours aligned with the Pacific Time Zone.

What Will You Do?

Conduct audits of moderately complex Commercial Lines policies (e.g., Workers' Compensation, General Liability, Auto) through interviews, reviews, and verification of customer business operations to ascertain proper classifications.

Examine financial and accounting records, including payroll, tax returns, and general and expense ledgers, to establish final exposures.

Communicate audit findings to customers, agents/brokers, and business partners (primarily underwriting) to ensure clarity regarding changes in premium exposures.

Build and maintain relationships with customers, agents/brokers, underwriters, and other internal business partners.

Stay updated on changes and current information related to premium auditing through various internal and external resources.

Perform additional duties as assigned.

What Will Our Ideal Candidate Have?

Bachelor's degree.
Two years of Premium Audit experience, including auditing various types of property and casualty commercial lines policies.
Completion of APA 91 and 92.
Excellent communication skills to effectively convey information to customers, agents/brokers, and business partners.
Strong analytical skills for conducting audits efficiently and effectively.
Ability to work independently as well as collaboratively within a team.

What is a Must Have?

High school diploma/GED.
One year of Premium Audit or related experience.
Valid driver's license and a clean driving record.

What Is in It for You?

Health Insurance:

Employees and their eligible family members, including spouses, domestic partners, and children, are eligible for coverage from the first day of employment.


Retirement:

CFA Institute matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can participate in the Paying it Forward Savings Program. When you make a payment toward your student loan, CFA Institute will contribute annually to your 401(k) account. You are also eligible for a Pension Plan fully funded by CFA Institute.

Paid Time Off:

Start your career with a minimum of 20 days of Paid Time Off annually, plus nine paid company holidays.


Wellness Program:

Our wellness program includes tools, discounts, and resources to help you achieve your wellness goals and caregiving needs. Additionally, our mental health program offers access to free professional counseling services, health coaching, and other resources to support your daily life needs.


Volunteer Encouragement:
We are deeply committed to the communities we serve and encourage our employees to engage. CFA Institute has a Matching Gift and Volunteer Rewards program that enables you to contribute to the charity of your choice.

Employment Practices

CFA Institute is an equal opportunity employer. We believe that we can provide the best products and services when our workforce reflects the diverse customers and communities we serve. We are committed to recruiting, retaining, and developing diverse talent among our employees and fostering an inclusive workplace where we celebrate differences, promote belonging, and work together to achieve extraordinary results.



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