Premium Audit Quality Assurance Analyst
AmTrust Financial Services, Inc. is seeking a Premium Audit Quality Assurance Analyst to join their Premium Audit Team. This role is responsible for evaluating audit work to ensure adherence to established procedures and standards, ensuring accuracy, compliance, and transparency in audit outcomes while collaborating with internal teams.
Responsibilities
- Reviews audit processes and outcomes for various policy types and methods
- Maintains accurate records of audit review outcomes
- Follows defined audit review processes for conducting quality reviews and provides direct feedback from audit reviews to auditors to correct audits to established standards for accuracy
- Documents audit differences based on review findings of internal auditing procedures as well as NCCI, independent state bureaus, and other applicable regulatory standards
- Utilizes secure digital platforms and remote communication tools to conduct quality reviews ensuring efficiency and accuracy while minimizing disruption to the enterprise
- Manages quality assurance reviews across department regions
- Ensures the consistent use of current applicable classification codes, and departmental procedures by monitoring their use and identifying any deficiencies
- Validates correct classification of exposures in accordance with regulatory agencies, independent state bureaus, and company procedures by reviewing records and other relevant documentation—often through secure digital exchange
- Communicates findings clearly and professionally to auditors and management including basic analysis of identified deficiencies
- Reduces quality related errors by making recommendations to increase the efficiency of audits, and related operational processes
- Provides technical guidance, procedural guidance and mentorship to less experienced team members
- Stays current with manual rules, industry trends, and understanding of the impact of underwriting endorsements
- Performs other functionally related duties as assigned
Skills
- Minimum 1 year experience in premium audit or audit review
- Bachelor's degree in accounting, Finance, Business, or related discipline OR equivalent experience
- Excellent written, verbal, and interpersonal communication skills
- Demonstrated proficiency with Microsoft Office Suite
- Excellent Excel skills are required
- Strong, analytical, and critical thinking skills, excellent attention to detail and organizational abilities, effective written and verbal communication skills
- Ability to effectively multi-task and work in a fast-paced, team-oriented environment
- Associates in Premium Audit Program (APA) certification preferred OR working towards APA certification
- 2 years' experience in premium audit or audit review
Benefits
- Medical & Dental Plans
- Life Insurance, including eligible spouses & children
- Health Care Flexible Spending
- Dependent Care
- 401k Savings Plans
- Paid Time Off
Company Overview
Company H1B Sponsorship