Premium Audit Analyst in Austin, TX – (job id: 1680854392)

Job title: Premium Audit Analyst Company: Service Lloyds Job description: ** This role is a hybrid position within the state of Texas after training is completed. Visa sponsorship not available ** This role leads and directs audit process while working in partnership with the insured and underwriting department. Key priorities include analyzing payroll provided by the customer and reviewing/verifying the accuracy of payroll. Responsibilities and Accountabilities • Key priorities include the review of the policyholder’s financial reconciliations, payroll records and claims information. • Reconcile payroll records to quarterly and federal tax returns (941’s, 1099’s etc.). • Determination of appropriate job classification codes. • Responsible for the application of the Basic Workers Compensation Manual Rules. • Work closely with the underwriting and marketing department providing updated information/audit result. • Work closely with the underwriting and marketing department on questions and audit disputes. • Responsible for the relationship management of the audits with the agent of record and insureds. • Work in collaboration with the audit supervisor/manager. • Responsible for processing workload according to the audit guidelines. • Responsible for maintaining a current workload according to audit guidelines. • Summarize audit information using industry and governmental rules and regulations. • Communicates audit decisions regarding new and renewal policies to agents in a timely and professional manner. • Initiates the assistance of the underwriter and or audit supervisor/manager when needed to complete the audit review of a policy. • Maintains agency/insureds relationships. • relationships. • Maintain a high degree of trust through demonstrated personal integrity and ethical behavior. • Responsible for maintaining current on industry technical knowledge and skills. Requirements • At least up to 3 years of experience in the insurance industry or closely related discipline. • Be able to analyze and compare policyholders’ financial reconciliations, payroll records and claim information. • Determine and reconcile appropriate job classification codes. • Apply the Basic Manual Rules, Classification to information obtained from audits. • Have knowledge of the Labor Code and NCCI. • Assist agents, insureds and underwriters on any issues that may come up. • Property and Casualty insurance knowledge including workers compensation. • Workers compensation audit experience. • Need to have an understanding of National Council on Compensation Insurance (NCCI) Rulings, Manual Rules and Labor Code. • Knowledge of the Labor Code and NCCI. • Knowledge of excel programs, understanding of accounting and workers compensation coverage knowledge for all states. • Familiar with the insurance operations for underwriting and marketing. • Payroll analysis experience and determination of class code application. • Ability to communicate in a professional manner through all means. • Documentation of decision processes. • Personal planning, organizing, and working to deadlines. • Creative/Innovative skills to handle complex audits. • Relationship Management for both agents and insureds. • Decision making during the audit process. • Communication with their internal and external customers. • Detail oriented with strong organization and time management skills. • Effective communication skills with the ability to present subjects clearly to both technical and non-technical audiences and to interact tactfully and effectively in difficult situations. • Strong analytical skills and problem-solving skills. • Ability to establish and maintain effective, professional working relationships with supervisor, peers and clients is critical. • Ability to work independently as well as in a team environment. • Skill in use of 10-key calculator. Basic skill using Microsoft Office programs (i.e., Word and Excel). Benefits Service Lloyds Insurance Company offers a competitive benefits package, including: • Healthcare - medical, dental & vision • Voluntary benefits - life and disability insurance • 401K matching & profit sharing • Generous paid time off & holidays • Tuition reimbursement training Expected salary: Location: Austin, TX Job date: Fri, 07 Apr 2023 07:59:52 GMT Apply for the job now! Apply tot his job Apply To this Job