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Friday, July 29, 2011

New Opening for an Audit Analyst!

I met with one of our Business Directors, Shelley, about a new vacancy she has on her team for an Audit Analyst. As many of you may know, Pinnacol actively tries to promote from within wherever possible and this vacancy is a result of us being able to do that in some other positions that were open.

The position of Audit Analyst is probably unfamiliar to many of you  so I wanted to share some additional information on this position and what we will be looking for. If you are a business owner you are billed for your workers' compensation insurance based primarily on two factors: the type of work you are doing (each particular job - nurse, gardener, accountant, ski lift operator, etc. - has a unique risk of being injured on the job associated with it) and the amount of payroll you have in each of those jobs. Policies are audited to see if there have been changes in those factors. For example, an increase in payroll usually means the policy premium will increase; alternatively, if the payroll declines Pinnacol may owe the policyholder money back. The Audit Analyst plays a critical role in this process as they help policyholders complete the necessary paperwork to ensure we have complete and accurate information regarding their policy with our company.

The Audit Analyst handles mail audits where we aske the policyholder to provide information and then return the information to us. As a result, Audit Analysts work in the office processing this paperwork. We occasionally have openings for another type of Auditor, a Field Auditor, who goes out and visits policyholders at their sites to review records and documents, but that's a subject for another posting!

Our Audit Analysts handle one to two hundred audits in a normal month (approximately 9 per business day) and based on this level of production we are looking for an individual who can really focus on getting a high volume of work done and who doesn't mind that the job is fairly routine and repetitive in nature. In the copy of the job ad below you'll notice the position requires  "basic accounting/math knowledge". What that means is strong competencies in all things related to addition and subtraction, multiplication and division, percentages, decimals, and fractions. And yes, a math test, as well as a typing test, will be given to those who interview for this opportunity.

Things like attention to detail (the work in this role is really nothing but details!) and the ability to help our customers are other must-haves.  A degree, though not required, is a plus so recent college graduates in finance/accounting will be considered. Experience in dealing with audits, payroll, and related areas is also sought. If you are interested in this opportunity, please complete an expression of interest via our company website. What follows is a copy of the job announcement which will be advertised on the web:

Pinnacol Assurance, Colorado’s leading provider of workers’ compensation insurance, is looking for a detail-oriented individual with excellent customer service skills to join our team. With minimal supervision this person is responsible for the review, analysis, and processing of a variety of voluntary audits from policyholders.  The position requires an analytical aptitude, basic accounting/math knowledge, and some experience with payroll is helpful.  Candidate must have strong computer skills. This is a high volume production position requiring attention to detail, decision-making, and helping customers on the phone. Experience in handling insurance audit reports within the workers’ compensation insurance industry preferred. A degree, though not required, is a plus so recent college graduates in finance/accounting will be considered. For immediate consideration please submit an expression of interest via our company website at http://www.pinnacol.com/careers/current-opportunities.

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