What are the responsibilities and job description for the Underwriting Premium Auditor position at Atlantic Casualty Insurance Company?
Atlantic Casualty Insurance Company (ACIC) is a recognized Excess and Surplus Lines carrier and proud affiliate of the Auto-Owners Insurance Group since 2016. With authority in all 50 states and Washington, D.C., ACIC provides innovative insurance solutions while maintaining a strong financial foundation, reflected in our A.M. Best rating of A (Superior).
Our strength comes from our people. For six consecutive years, we've been certified a Great Place to Work and consistently ranked among Fortune’s “100 Best Small and Medium Workplaces”. At ACIC, we foster a culture where everyone belongs. We’re a team—supporting one another through leadership development, mentorship programs, career certifications, and comprehensive benefits.
Our benefits include:
- Health, Dental & Vision plans (HSA & PPO options)
- 401(k) with company match financial advisor access
- Tuition reimbursement & student loan assistance
- Paid parental leave
- Counseling and mental wellness support
- Flexible work and in-office schedules
Whether you're just starting your career or looking to grow it, Atlantic Casualty is where talent thrives, and teamwork drives success.
Please visit our Careers Page for more information on the benefits and programs you will enjoy by joining the team at Atlantic Casualty Insurance Company.
www.atlanticcasualty.net/about-acic/our-careers/
SUMMARY
Perform and review premium audits of new and renewal excess and surplus lines accounts in accordance with established company guidelines to determine individual risk premiums. Review and analyze disputed audits to determine if a revision is warranted and provide professional and detailed responses.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Production and Auditing
- The Auditor has responsibility for conducting internal (remote) audits by reviewing appropriate documentation and creating audit worksheets to detail correct exposures for all classifications.
- Review audits completed by external vendors and process endorsements accurately.
- Review and interpret documentation provided to dispute completed audits to determine if revision request is valid to warrant revision.
- Assist with policy and audit reviews to determine if suit or litigation is appropriate on audit collection accounts.
- Excellent communication skills, providing feedback and recommendations to general agents, underwriting, and vendors.
- Be a resource in the assigned technical expertise.
- Maintain confidentiality.
- Assist on special projects as requested.
- Other functions may be assigned.
Training/Mentoring:
- Mentors less experienced team members on audit rules and documentation review.
- Acts as a technical resource for other members of the underwriting team and company.
Documentation/Auditing Standards:
- Ability to complete a comprehensive individual audit summary worksheet.
- Demonstrates a working knowledge of policy documents, company forms and endorsements, including various manuscript forms required on more complex accounts.
- Ability to examine financial documents such as payroll journals and income statements to determine the correct exposure basis.
- Working knowledge of underwriting manuals, guidelines, and classification rules.
REQUIRED EDUCATION/EXPERIENCE:
- 4-year college degree from an accredited institution is desired, but not required.
- 4 years premium audit experience required with E&S Company experience preferred.
- Professional designations such as APA, CIPA, CPCU, ASLI, AU or CIC are preferred.
REQUIRED SKILLS:
- Ability to read and interpret documents such as underwriting manuals, emails, and procedural manuals.
- Ability to write routine correspondence in the English language using correct grammar and spelling.
- Basic math skills and ability to operate office machinery.
- Must have a working knowledge of general liability, property, and package underwriting, and be familiar with endorsements, including pro-rata and short-rate computations.
- Working knowledge of most Microsoft programs such as Word, Power Point and Excel.
- Excellent organization and communication skills, oral and written, are also a must.
MENTAL REQUIREMENTS
Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of instructions in written or diagram form. Reasoning; dealing with problems involving complex variables in most situations. Candidate must possess and be able to apply logical thinking skills.
PHYSICAL REQUIREMENTS:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to use hands to finger, handle controls and talk or hear. The employee frequently is required to sit and reach with hands and arms. The employee is occasionally required to stand and walk. The employee may occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, color vision, and the ability to adjust focus.
WORK ENVIRONMENT:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The noise level in the work environment is usually moderate. Works primarily indoors. Requires the ability to drive a vehicle, overnight travel, and occasional air travel.
TRAVEL: 10%