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Employee Benefits Insurance Operations Auditor
Salary not disclosed
Brown & Brown is seeking an Insurance Operations Auditor, Employee Benefits to join our growing team in Troy, MI or Roseland, NJ!
As a member of the Internal Operations Audit Team, the Employee Benefits Insurance Operations Auditor is responsible for reviewing, analyzing and making recommendations regarding the implementation of Brown & Brown best practices throughout all of the Brown & Brown Profit Centers to aid in the prevention and mitigation of E&O incidents for the Company.
How You Will Contribute:
- Assist and/or lead in the performance of Insurance Operations audits of Profit Centers in the Retail Employee Benefits Division to verify compliance with Brown & Brown best practices.
- Build knowledge of and support audits of Wholesale/Programs divisions, as applicable.
- Complete prep-work and file review as assigned with a high level of accuracy.
- Perform all functions of the audit process including leading certain departments or special units within the Profit Center.
- Complete assigned file review with detailed notes documenting positive and negative findings as applicable.
- Contribute to determination of audit findings and classification.
- Communicate findings from review work with teammates and communicate with the Profit Center as necessary.
- Assume additional responsibilities, as assigned, to ensure successful audit completion.
- When leading an audit:
- Ensure accurate and timely completion of work in preparation for reviews including, but not limited to: review of prior reports, procedures manuals, issuing carrier ratings and exceptions, licensing & contracts.
- Ensure accurate and timely completion of file review including detailed notes documenting positive and negative findings.
- Lead information gathering interviews with Profit Center teammates prior to reviews.
- Lead conversations within team regarding potential findings and issues. Demonstrate judgment in determining appropriate findings and classifications.
- Escalate concerns to leadership in a timely fashion.
- Demonstrate strong verbal communication skills in explaining audit findings, risks and recommendations to key stakeholders.
- Create and submit effective draft and final reports within specified timeframes.
- Review & analyze Profit Center action plans and recommend acceptable revisions as necessary.
- Conduct and document re-testing of designated items to ensure compliance with finalized action plans.
- Maintain individual expense report and submits to Insurance Operations Regional Manager as instructed.
- Develop and maintain relationship with all disciplines of the Internal Operations Audit Team.
- Ability to consistently meet deadlines and expectations through effective time management.
- Demonstrate proficiency in insurance acumen with desire to expand knowledge.
- Delegate responsibilities and hold teammates accountable in a productive manner.
- Successfully complete agreed upon educational designations
- Work to motivate and inspire others to deliver optimal performance.
- Go above and beyond defined responsibilities by proactively identifying areas of continuous improvement.
- Participate in peer-to-peer feedback sessions.
- Take initiative to share industry developments with peers.
Skills & Experience to Be Successful:
- College degree (Preferred)
- 1-2 years’ experience preferred with Employee Benefits administration or relevant HR experience
- Proficiency in Microsoft applications (Word, Excel, and PowerPoint).
- Ability to learn new management systems.
- Ability to work independently and in a team environment.
- Ability to adapt to change.
- Organize & prioritize work effectively.
- The ability to research and analyze various types of insurance products / coverages.
- Demonstrated ability to effectively communicate at all levels within the organization.
- Ability to travel up to 15%.
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