Audit Analyst, Insurance Operations at Brown & Brown Insurance in roseland, New Jersey

Posted in Other 15 days ago.

Type: full-time





Job Description:

Brown & Brown Insurance has an exciting opportunity available for an Insurance Operations Audit Associate in our Roseland, NJ office.

*Please note: this is not a financial auditing position.

The ideal Insurance Operations Audit Associate has strong communication skills, a high degree of self-discipline, and is motivated to dive into the insurance industry.

All positions within Insurance Operations are designed to allow individuals to grow professionally and learn about the company and the industry. In addition to accessing our Profit Centers remotely, we travel to many of our 300+ decentralized locations performing audits of best practice processes and procedures. This is an opportunity designed to prepare the audit associate for continued career growth within the audit team and for other roles on the Brown & Brown team.

WHAT YOU'LL DO:

  • Assist in reviewing all insurance operations best practices for Retail & Wholesale Profit Centers in order to verify compliance with Brown & Brown best practices
  • Complete all delegated work in preparation for reviews including, but not limited to, review of prior reports, procedures manuals, issuing carrier ratings and exceptions, licensing, websites, & contracts in a timely fashion with high degree of accuracy
  • Complete assigned file review with detailed notes documenting positive and negative findings
  • Communicate findings from review work with teammates. Begin to develop questions from review work and communicate with Profit Center teammates
  • Escalate concerns to leadership in a timely fashion
  • Assist with the development of the draft report and final report
  • Assist with monitoring / retesting Profit Center action plans as needed
  • Build an understanding of the key insurance operations best practices
  • Develop the ability to connect file review findings to potential risks to the company
  • Complete internal training modules, tasks and webinars as instructed
  • Pursue a program of personal and professional development through completion of educational designations (in partnership with the Regional Director / Regional Manager)
  • 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
  • Pursue a program of professional development through completion of educational and departmental goals

WHAT YOU'LL NEED:

  • College degree preferred
  • 3-5 years' experience in a similar role
  • Proficiency in Microsoft applications (Word, Excel, and PowerPoint)
  • Ability to learn new management systems
  • The ability to research and analyze various types of insurance products/coverages
  • Ability to work independently and in a team environment
  • Organize & prioritize work effectively
  • Ability to adapt to change
  • Demonstrated ability to effectively communicate with the Internal Operations Audit Team and Profit Center teammates
  • Ability to travel up to 40%

WHAT WE OFFER:

  • Excellent growth and advancement opportunities
  • Competitive pay based on experience
  • Discretionary Time Off
  • Generous benefits package: health, dental, vision, 401(k), etc.
  • Employee Stock Purchase Plan

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