Auditing

Field Auditor I, II, III

Field Auditors perform field reviews of the Company’s insured’s original books of entry and relative government reporting source documents to ensure that all remuneration subject to workers’ compensation premium is included and to verify that the labor expenditures are correctly distributed among the proper job exposures. All auditing positions require strong personal computing skills; proficiency in electronic spreadsheets, word processing, and business related software packages, and knowledge of computer programs/terminal usage. Must be able to identify routine sources of audit information; must have basic knowledge of accounting practices. Strong customer service and negotiation skills ; able to solve issues/problems to beneficial resolution for internal and external customers. Must possess and maintain a valid Colorado driver’s license and provide proof of insurance. 

Field Auditor I

This level is characterized as an entry level during which work procedures and processes are explained clearly and concisely. Close supervision is provided through physical review and verification of work in progress. Requires basic knowledge of books of entry/government source documents. Bachelor's Degree in Business Administration, Accounting or equivalent professional and technical work experience and one year of accounting/financial experience; auditing experience desirable.

Field Auditor II

Bachelor’s Degree in Business Administration, Accounting or an equivalent professional and technical work experience. One year of accounting/financial experience; auditing experience desirable. In addition, must have completed the necessary training on policies and procedures used in Pinnacol Assurance, and demonstrated the ability to perform audits independently (general time frame approximately 1 year).

Field Auditor III

This position is characterized as the full working level auditor. Limited supervision is provided through occasional physical review of the more difficult work, but employees work with considerable independence. This level assists in training new auditors and/or helping level I or level II auditors with problems within the team. Bachelor’s Degree in Business Administration, Accounting or an equivalent professional and technical work experience. Two years of proven workers’ compensation auditing experience required.

Audit Analyst, Audit Analyst Trainee

Position analyzes and processes voluntary audits (audit reports) submitted by policyholders. Applies the principles of workers’ compensation through knowledge of the NCCI Manual to analyze and complete self-audits. With little supervision, reviews, analyzes, and processes a variety of complex mail-in audits, including cancellations. Position requires analytical aptitude, basic accounting/math knowledge, and effective written and oral communication skills. Detail-oriented, self-starter, with strong organizational and interpersonal abilities. Requires decision-making while applying/interpreting workers’ compensation laws, rules, regulations, and procedures. Demonstrates a substantial working knowledge of the Colorado Workers’ Compensation Act. General insurance industry knowledge; familiar with broker relationships, and competitors. PC Skills in a Windows environment; proficient in word processing/data entry — minimum 35 wpm typing required. Working knowledge of electronic spreadsheets. Demonstrated understanding of Pinnacol Assurance work flow processes with a solid overview knowledge of all key areas/functions within Pinnacol Assurance. High school diploma, GED, or equivalent work experience.

Experience:

Trainee must have a minimum of two years of general office experience, to include analysis and decision-making responsibility. 

Audit Analyst must have minimum of three years of experience, to include one year of underwriting or auditing providing familiarity with workers’ compensation rules and classifications.