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Brown & Brown is Seeking an Insurance Operations Audit Associate to join our growing team in Roseland, NJ. Please note that this is not a financial audit role. 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.
Job Responsibility:
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
Requirements:
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
Demonstrated ability to effectively communicate with the Internal Operations Audit Team and Profit Center teammates
Ability to travel up to 40%
What we offer:
Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
Financial Benefits: ESPP
401k
Student Loan Assistance
Tuition Reimbursement
Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more