What are the responsibilities and job description for the Premium Audit Supervisor position at Dellwood Insurance Group?
As the Premium Audit Supervisor, you will be responsible for designing, implementing, and managing the premium audit function for our growing E&S insurance company. This is a unique opportunity to build the process from the ground up—hiring a team, defining workflows, and establishing best practices to ensure accurate premium verification and compliance. You will collaborate cross-functionally with underwriting, finance, compliance, and IT to integrate premium audit into our overall business operations.
Key Responsibilities:
Process Development & Implementation
- Lead the design and implementation of a premium audit function, ensuring alignment with E&S insurance practices and regulatory requirements.
- Develop and document standard operating procedures (SOPs) for premium audits.
- Identify and implement technological solutions to streamline audits, such as audit software and data analysis tools.
- Establish key performance indicators (KPIs) to measure audit effectiveness and efficiency.
Team Building & Leadership
- Train and manage a team of premium auditor processors to support company growth.
- Foster a culture of accuracy, accountability, and customer service within the audit team.
- Provide leadership, mentorship, and performance evaluations for direct reports.
Audit Execution & Oversight
- Oversee the scheduling, execution, and review of premium audits across multiple lines of business within the E&S space.
- Ensure compliance with regulatory requirements and internal underwriting guidelines.
- Work closely with underwriting, operations, and finance teams to resolve audit-related issues and disputes.
Collaboration & Stakeholder Engagement
- Serve as the subject matter expert (SME) on premium audit matters, advising internal stakeholders.
- Work with IT and operations to integrate premium audit data with underwriting and billing systems.
- Develop and maintain relationships with external vendors, auditors, and regulatory bodies as needed.