Premium Auditor - Northeast (NJ)

Job Description

Job Description

Why Paragon? In 2014, Paragon was incepted in a Starbucks coffee shop with a simple strategy — build the MGA that we would want to work for. Years later, Paragon is one of the fastest growing MGAs in the country. Our secret? A dedication to diversity and agility. We realized from the start that a commitment to thinking, acting, and rewarding "different" would resonate within the industry. It is hard to argue with results, and the results are clear. Our diverse team of talent is reshaping an industry that has weathered "boring" and is long overdue on "different." Whether it comes by offering better pay, benefits or growth opportunities, we will continue to aggressively invest in talent to drive our business forward. Change is here, come be a part of it with us.

Formed as a broadly diversified MGA, Paragon supports retail agents and insurance carriers, and reinsurers with our strong underwriting talent, broad capabilities, sophisticated operations, and varied business interests. Our goal : To help our partners do business better. And we do.

The Field Premium Auditor will work remotely and based in the Eastern PA and Eastern NJ areas.

Under minimal supervision, the Premium Auditor is responsible for performing complex workers' compensation and general liability audits by examining financial records and business operations of policyholders, documenting audit findings, calculating risk exposures and ensuring audits are completed pursuant to rating bureau rules and state law. This position must maintain high ethical standards in maintaining the integrity of the rating system.

Responsibilities :

• Engages with policyholders to review their financial records, payroll registers and other relevant documents. Ensures the accuracy of premium calculations by examining ledgers, state / federal wage reports, financial statements and relevant accounting records.
• Analyzes business operations to determine the appropriate risk classifications for the policy.
• Documents audit findings including change in operations, risk exposures and claims review.
• Maintains a record of all communications with policyholders in our electronic audit inventory system.
• Proactively engages with policyholders and agents to ensure mutual understanding of rules and regulations that impact premium basis.
• Respond promptly to inquiries from external customers (i.e., agents and insureds) and internal customers with information to assist in their understanding of audit-related matters, including audit compliance, procedures, and worksheets.
• Remains informed of changes and current information relative to premium auditing through WCIRB, independent rating bureaus, NCCI, or other industry resources.
• Utilizes laptop and peripheral technology to organize, schedule and complete audits.
• Other responsibilities as assigned by management.

Requirements :

The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. Discretionary incentive compensation may be awarded. Jencap also offers a range of benefits and programs, based on eligibility, which currently include but are not limited to; comprehensive health care coverage, a 401k plan, and tuition reimbursement. Jencap is an emerging and rapidly growing leader in the industry and as such, we approach talent acquisition as an opportunity to identify the best talent. Therefore, the level of the role and compensation may vary depending upon the best available candidate.

Ready to have your voice heard, your talents properly utilized and to become a valued part of a rapidly growing organization? You're in the right place.

Paragon is a dynamic, bold, and tenacious company. Join us as we continue to chart new paths, open doors and grow together.

Paragon is an Equal Opportunity Employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin or citizenship status, sexual orientation, gender identity or expression, pregnancy, marital or familial status, disability status, medical condition, genetic information, military or veteran status, political affiliation, or any other characteristic protected by law . We are committed to fostering a work community where every colleague feels welcomed, valued, respected and heard, as we believe that that creating an environment where every employee feels included and empowered, helps us to deliver the best outcome to our clients.