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Premium Audit Intern


StateJobsNY


Location

Albany, NY | United States


Job description

Minimum Qualifications:


-Be a permanent New York State (NYS) resident and/or actively enrolled in a NYS college, university, or graduate program.

-Have completed a minimum of one (1) year as a student at a degree-granting two or four-year college or university (completion of one year's worth of academic credits over a longer period may qualify part-time students for participation in the program) or be a currently enrolled graduate student or accepted in a graduate program.

-Have a minimum grade point average (GPA) of 2.0, or the letter grade equivalent.

-Able to work full-time Summer (37.50 hours weekly) and part-time (10-15 hours per week) fall and spring.


Preferred Qualifications:

-Desire to work in public service

-Preferred major(s): Accounting

Please be advised that the New York State Insurance Fund does not offer sponsorship for employment visas to employees or potential employees. Candidates sponsored for employment by an organization should be aware of their sponsorship status and the relevant expiration date(s) of that sponsorship before applying to this position.

Duties Description Premium Audit Department (PAD) is seeking student interns to assist with assisting with review of records uploaded for audits, contacting, and informing record up-loaders of inadequate records and request and outstanding records are uploaded expeditiously to ensure their audit is completed timely.
PAD is responsible for auditing an insured's business records to determine actual exposure to make a final calculation of premium for workers' compensation insurance policies.


PAD consists of the following functions:

-Review of Policyholders' business records and operation to determine appropriateness of estimated premiums.

-Update codes and payrolls to reflect operations Renewal billings.

-Conduct on-site (policyholders' or representative's home, office, or other), virtual (video conference) or remote (policyholder upload records) visits with policyholders/ representatives.

-Customer outreach to review remote audit outcomes.

-Work with policyholders, brokers, CPAs, and Safety Group Managers

Additional Comments Fringe Benefits:
- Competitive Compensation.
- Future Career Growth Potential.
- Open and Supportive Team-Based Environment.
- Plentiful Vacation, Personal, and Sick Leave Accruals.
- Paid State and Federal Holidays.
- Full Medical, Vision, and Dental.
- Retirement Options.
- Possibility of Telecommuting, Flextime, and Alternative Work Schedules.

Please note, the official Civil Service title for this position is Student Assistant.

The New York State Insurance Fund (NYSIF) was established in 1914 as part of the original enactment of the New York State Workers' Compensation Law. NYSIF's mission is to guarantee the availability of workers' compensation insurance at the lowest possible cost to New York employers and to provide timely, appropriate indemnity and medical payments to injured workers, while maintaining a solvent fund. Since inception, NYSIF has fulfilled the dual roles for which it was created: to compete with other carriers to ensure a fair marketplace and to be a guaranteed source of coverage for employers who cannot secure coverage elsewhere.

NYSIF is the largest workers' compensation carrier in New York State and among the nation's top ten largest workers' compensation carriers. As of November 30, 2023, NYSIF insures approximately 140,000 workers' compensation insurance policyholders and provides disability benefits coverage for off-the-job injuries to approximately 57,400 New York employers, with more than $1.4 billion in annual earned premiums and over $20 billion in assets.


In addition to workers' compensation insurance, NYSIF provides disability benefits coverage for off-the-job injuries to more than 56,000 New York employers. In 2018, NYSIF added paid family leave as a component of its disability benefits product, providing New Yorkers with job-protected, paid time away from work to care for their families.


NYSIF Commitment to Diversity, Equity, and Inclusion
The New York State Insurance Fund (NYSIF) prioritizes and champions diversity, equity, and inclusion (DEI) throughout our agency. NYSIF provides equal opportunities to all employees and applicants for employment without regard to race, religion, color, age, sex, national origin, sexual orientation, gender identity, disability, veteran status, or any other protected category under federal, state, and local law. We believe that embracing our differences brings richness, new ideas and experiences to NYSIF, which energizes a creative and innovative work environment. We strive to foster a workplace where diverse individuals are able to participate fully in the decision-making process and have ample opportunity for advancement. We are committed to investing the necessary resources and attention to improving the engagement, retention, and promotion of the extraordinary talent we have.


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Some positions may require additional credentials or a background check to verify your identity.

Name Melissa Dover


Telephone


Fax


Email Address [email protected]


Address

Street 15 Computer Drive West


City Albany


State NY


Zip Code 12205


Notes on Applying Please email your resume, cover letter, and transcript to [email protected].

For any questions on this program, please write to [email protected].


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