Junior Premium Auditor

2 weeks ago

Springfield, Illinois, United States Armstrong Receivable Management Full time
Job Overview

Armstrong Receivable Management is a renowned leader in the field of debt recovery and financial solutions, providing exceptional services to businesses across diverse sectors for many years. Our commitment to excellence has established us as a trusted partner in B2B collections and customized debt recovery strategies.

We are currently seeking Premium Auditors to join our expanding team. In this role, you will be responsible for reviewing the financial records of insurance firms to ensure compliance with relevant laws and regulations. As a premium auditor, your key duties will include investigating potential fraud and verifying adherence to industry standards. This position allows for remote work, with necessary travel to various audit sites, averaging four days per week within your designated area.

Key Responsibilities:
  • Perform audits on insurance premiums for Workers Compensation, General Liability, and Automobile policies by evaluating policyholder records and applying established guidelines.
  • Prepare for audits by identifying essential information and types of records required.
  • Develop a schedule to optimize time management.
  • Communicate with insured parties via various channels to arrange audit appointments.
  • Analyze policyholder records, collect data to determine accurate classifications for business activities, and draft comprehensive descriptions of operations.
  • Compile complete audit documentation, present findings to insured parties, and relay results to the home office.
  • Travel to multiple audit locations on a daily or weekly basis.
Qualifications:
  • An Associate's Degree or equivalent, along with two years of experience in premium auditing or a comparable combination of education and experience is preferred. Entry-level candidates are also welcome to apply.
  • Proficient in reading, analyzing, and interpreting financial documents.
  • General computer skills, including knowledge of Microsoft Excel and Word; familiarity with Visual Audit is advantageous.
  • Strong communication skills to effectively interact with clients and colleagues.
  • A valid driver's license and a satisfactory driving record are required.
Compensation and Benefits:
  • Comprehensive benefits package including health, dental, vision, life, and disability coverage options.
  • 401(k) retirement plan with company matching.
  • Generous paid time off policy along with seven paid holidays.
  • Salary range of $44,700 - $55,000, commensurate with experience.
  • Weekly pay schedule.
  • 401(k) plan with immediate vesting and company matching.

Armstrong Receivable Management is an Equal Opportunity Employer, committed to diversity and inclusion in the workplace.

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