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Premium Audit Analyst
Premium Audit AnalystAXA • Exton, PA, United States
Premium Audit Analyst

Premium Audit Analyst

AXA • Exton, PA, United States
17 days ago
Job type
  • Full-time
Job description

Premium Audit Analyst

Location : Exton, PA (hybrid 3 days in office)

The Audit Analyst will act as a team player within the Premium Audit Department and will interact with underwriters, brokers and insureds to address questions and inquiries related to audit results.

This position is responsible for determining the accurate exposure and earned premium for auditable workers' compensation, general liability and commercial automobile policies.

What you'll be doing

What will your essential responsibilities include?

  • Reviews policy information and insurance binders to determine audit requirements.
  • Reviews audits received from field auditors to ensure that XL, NCCI and independent state insurance bureau guidelines are followed appropriately.
  • provides quality control work received from the offshore team.
  • Navigates independent insurance bureau and NCCI websites to obtain technical audit support
  • Understands the rating and statutory coding processes and systems
  • Produces final audit statements to determine additional or return premiums due and invoices the insured or broker.
  • Responds to inquiries from customers, brokers and underwriters regarding final audit results in a timely manner.
  • Works closely with the regulatory department to ensure that insurance bureau inquiries are addressed in a timely and appropriate manner.
  • Monitors vendor workloads and follows up consistently on past due audit assignments
  • Completes the rating and coding of audited exposure in Policy Decisions and WINS and provides quality control work received from the offshore team.

You will be reporting to Premium Audit Manager.

What you'll bring

We're looking for someone who has these abilities and skills :

Desired Skills and Abilities :

We're looking for someone who has these abilities and skills :

  • BA, BS or equivalent work experience
  • PAAS Training and knowledge of manual premium audit rules
  • Competency in MS Office applications : Excel, Word and Outlook
  • Outstanding math skills
  • Excellent written and oral communication skills
  • Solid interpersonal skills and the ability to work with diverse groups
  • Outstanding organizational skills and attention to detail
  • Some commercial lines insurance experience.
  • Premium audit experience a plus
  • Experience working with rating and coding systems, specifically Policy Decisions and Wins would be an asset.
  • Knowledge of regulatory requirements related to the audit process
  • Experience using NCCI and insurance bureau websites
  • Client service experience
  • Who we are

    AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don't just provide re / insurance, we reinvent it.

    How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business - property, casualty, professional, financial lines and specialty.

    With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

    Learn more at axaxl.com

    What we offer

    Inclusion

    AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It's about helping one another - and our business - to move forward and succeed.

  • Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
  • Robust support for Flexible Working Arrangements
  • Enhanced family-friendly leave benefits
  • Named to the Diversity Best Practices Index
  • Signatory to the UK Women in Finance Charter
  • Learn more at Inclusion & Diversity at AXA XL | AXA XL. AXA XL is an Equal Opportunity Employer.

    Total Rewards

    AXA XL's Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.

    We're committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

    Sustainability

    At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called "Roots of resilience", focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

    Our Pillars :

  • Valuing nature : How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society - are essential to our future. We're committed to protecting and restoring nature - from mangrove forests to the bees in our backyard - by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
  • Addressing climate change : The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
  • Integrating ESG : All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We're training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
  • AXA Hearts in Action : We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL's "Hearts in Action" programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day - the Global Day of Giving.
  • For more information, please see Sustainability at AXA XL.

    The U.S. base salary range for this position is $53,100 - $84,000 USD.

    Actual pay will be determined based upon the individual's skills, experience and location. We strive for market alignment and internal equity with our colleagues' pay.

    At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits. We also believe in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers. For more details about AXA XL's benefits offerings, please visit US Benefits at a Glance 2025.

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    Audit Analyst • Exton, PA, United States

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