Premium Audit Analyst

As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.

Job Description

We are seeking a Premium Audit Analyst for our Insurance Operations

• Premium Audit group in our Charlotte, NC office. The selected individual will be responsible for the end-to-end delivery of a variety of premium audit projects, and will be reporting to the AVP, Premium Audit Manager.

This role is focused on the coordination and oversight of multiple projects, tracking audits once sent to Rating, timelines, and management of personal audit inventory. They will be required to work with other teams within the organization

• Premium Audit, Field Auditors, Underwriting, Unit Stat, Underwriting Assistants, Alternative Risk, Finance, etc. They will also have direct interaction with external clients - insureds and brokers. The successful candidate will track progress of audits and report results on a regular basis, learn rules and regulations for compliant premium audits, gain exposure to various size and types of completed field audits and coordinate finalization of those audits based on field results.

Responsibilities include:

• Oversee and track all audits sent to Rating team by Premium Audit Analysts and Specialists to ensure completion within expected timeframe and to meet Bureau reporting obligations. Follow up with Rater/Rating team frequently to ensure timely completion and booking of audits.

• Ensure completed audit is saved to proper Audit Bills folder and also booked in WINS.

• Handle review of assigned new business and renewal audits to prepare audit instructions to send to Rating.

• Maintain service standards by timely response to audit field team's request for policy information and UW or broker requests.

• Review audit discrepancies with Audit Analyst or Audit Manager for further direction on how to reach out and resolve issues.

• Assist Audit Manager with pulling data needed for monthly reports.

• Start to learn and be aware of frequent changes in audit practices, rules and techniques and begin introduction with specific state compliance issues and test audit regulations.

• Other duties as assigned.

Desired Skills and Experience

• 1-3 years of underwriting/insurance experience.

• Bachelor's Degree preferred.

• Team player.

• Strong attention to detail.

• Excellent oral and written communication skills.

• Strong analytical and organizational skills.

At Sompo International, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.

Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.

We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs:

• Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution.

• Pharmacy benefits with mail order options.

• Dental benefits including orthodontia benefits for adults and children.

• Vision benefits.

• Health Care & Dependent Care Flexible Spending Accounts.

• Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children.

• Company-paid Disability benefits with very competitive salary continuation payments.

• 401(k) Retirement Savings Plan with competitive employer contributions.

• Competitive paid-time-off programs, including company-paid holidays.

• Competitive Parental Leave Benefits & Adoption Assistance program

• Employee Assistance Program

• Tax-Free Commuter Benefit

• Tuition Reimbursement & Professional Qualification benefits.

Sompo International is an equal-opportunity employer committed to a diverse workforce. M/F/D/