The AVP, Premium Audit, is responsible for leading and managing the premium audit department, ensuring accurate and efficient audits of policyholders’ records for commercial lines and workers’ compensation insurance. This role involves strategic leadership, team management, compliance oversight, and collaboration with underwriting, claims, and finance teams to optimize premium accuracy and improve operational efficiencies.

Strategic Leadership:

• Develop and implement a strategic vision for the premium audit department aligned with the company’s goals.
• Establish policies and procedures to ensure consistent and high-quality audit practices.
• Identify areas for improvement in audit processes and leverage technology to drive efficiency.

Operational Management:

• Oversee the day-to-day operations of the premium audit team, ensuring timely and accurate audits.
• Manage resources to meet workload demands, including staffing, training, and technology requirements.
• Monitor audit workflows to ensure compliance with company standards, regulatory requirements, and industry best practices.

Team Leadership:

• Recruit, train, and mentor premium audit staff, fostering a culture of collaboration and professional development.
• Conduct performance evaluations, set departmental goals, and monitor progress.
• Promote continuous learning and cross-functional collaboration among team members.

Collaboration & Stakeholder Engagement:

• Work closely with underwriting and finance teams to resolve discrepancies and improve accuracy in premium calculations.
• Collaborate with claims and risk management departments to identify and address trends impacting premium audits.
• Serve as a subject matter expert to support business development and customer retention efforts.

Compliance & Risk Management:

• Ensure adherence to state and federal regulations related to workers’ compensation and commercial insurance premium audits.
• Stay updated on industry trends and regulatory changes, adjusting strategies and processes accordingly.
• Mitigate risks by implementing internal controls and conducting periodic reviews of audit procedures.

Reporting & Analytics:

• Analyze audit data to identify trends, discrepancies, and opportunities for premium growth.
• Prepare detailed reports and present findings to senior leadership.
• Utilize analytics to develop strategies for optimizing premium audit accuracy and efficiency.

Education:

· Bachelor’s degree in Accounting, Finance, Business Administration, or related field

Experience:

· Minimum of 8–10 years of experience in premium audit, commercial insurance, or a related field.

· Proven leadership experience managing audit teams in a commercial insurance environment, with specific expertise in workers’ compensation.

Skills:

· Strong understanding of premium audit methodologies, underwriting principles, and regulatory requirements.

· Proficient in audit-related technology, analytics, and reporting tools.

· Exceptional problem-solving, analytical, and decision-making skills.

· Effective communication and interpersonal skills to manage relationships with internal and external stakeholders.

· Strong organizational and project management abilities.

Key Competencies:

· Leadership and Team Development

· Strategic Thinking and Problem-Solving

· Attention to Detail and Accuracy

· Adaptability and Change Management

· Strong Customer Focus

Occasional travel may be required for training, audits, or client visits.

AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.

AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.

AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.