Premium Audit Specialist

JOB DESCRIPTION

Premium Audit Specialist - Dallas, Texas | Open to All Locations (Work From Home)

Chubb is seeking a Premium Audit Specialist with a strong and extensive background in completing Workers' Compensation audits for Professional Employer Organization (PEO) program accounts.

This role involves extensive data management and analysis, as well as collaboration with managing general agent (MGA), and PEO business partners for the completion of large program business audits as part of Chubb's PEO Programs Center.

The position is primarily remote, with occasional travel (less than 5%) for client meetings and initial training.

KEY OBJECTIVE

The Premium Audit Specialist is responsible for the timely and accurate servicing of classification and audit related operations on assigned Chubb PEO programs.

The Premium Audit Specialist works in a hands-on manner with incoming data, as well as in a consulting role for internal and external clients in support of ongoing efforts to improve business processes and compliance with state and bureau requirements.

MAJOR DUTIES AND RESPONSIBILITIES:


* Provide Chubb PEO Programs Center support on our Professional Employer Organization (PEO) accounts to ensure that policies, premium audits and associated data are technically accurate and are performed in compliance with manual rules, Chubb corporate policies and procedures, and sound Premium Audit practices and principles.


* Ensure that all premium audits on PEO policies are completed in a timely & accurate manner through data analysis, risk review, audit oversight, ongoing evaluation of client data, MGA partner's processing, and potential outside audit vendor work.


* Ensure that Bureau Test Audits standards are met or exceeded.

Determine action required of Chubb; work with Regulatory Compliance, Claims, Unit Statistical Reporting, and any other department to ensure overall bureau requirements are met.


* Continually compile, validate, review, and reconcile all program audit data, encompassing thousands of individual workers compensation policies, including claims review on assigned PEO accounts in accordance with established procedures and processes.


* Consistent review and analysis of PEO monthly data for identification and selection of client companies for formal review and/or interim test audits for assigned PEO accounts.


* Conduct interim test audits, and formal reviews of PEO client companies to ensure accurate classification calculation of excluded exposures, maintaining digital records and documentation in accordance with established procedures


* Coordinate and oversee policy audit processing into Chubb's WC System via MGA partners, and reconciling data to ensure its accuracy.


* Provide ongoing support and monitoring of assigned PEO's audit department issues or procedures to ensure that appropriate handling of classification and exposure issues.


* Assist underwriters in assigning classifications for pros...