AVP Premium Audit

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Logo of The Hanover Insurance Group

The Hanover Insurance Group

5001 - 10000 employees

Founded 1852

🛡️ Insurance

🤝 B2B

👥 B2C

🔥 Funding within the last year

💰 $500M Post-IPO Debt - The Hanover Insurance Group on 2025-08

Insurance • B2B • B2C

The Hanover Insurance Group is a U. S. -based insurance company that provides personal and commercial insurance products and services. Hanover offers individual lines such as home, auto, motorcycle, umbrella, condominium, renters, and specialty coverages (collector cars, watercraft, valuable items), as well as comprehensive business products including business owner’s policies, commercial auto, workers' compensation, management liability, cyber, professional liability, property, surety, and industry-specific coverages for construction, healthcare, life sciences, retail, and more. The company supports customers and agents with claims services, policy management tools, educational resources, risk solutions, and an agent/broker distribution network. Hanover emphasizes customer service, preparedness resources, corporate responsibility, and agent support.

📋 Description

• The AVP of Premium Audit provides strategic leadership and operational oversight for the Premium Audit department, ensuring the accuracy, integrity, and timeliness of insurance premium audits. • This role is accountable for developing and executing audit strategies that align with organizational goals, driving process improvements, and maintaining compliance with all regulatory and industry standards. • The AVP will lead a high-performing team, foster a culture of accountability and continuous improvement, and collaborate closely with underwriting, finance, compliance, and other key stakeholders to optimize audit practices. • Analyze and interpret audit results in the context of broader business and economic trends, translating insights into actionable recommendations. Communicate findings clearly and persuasively to senior leadership and key stakeholders to support informed decision-making. • Oversee planning, execution, and review of premium audits to ensure accuracy and compliance. Monitor audit performance metrics and implement improvements as needed. • Leverage technology to enhance audit processes and improve efficiency. Explore and implement innovative solutions to streamline audit operations. • Partner proactively with underwriting, finance, and technology teams to build strong relationships and collaboratively solve complex challenges.

🎯 Requirements

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field; Master’s degree or professional certification (e.g., APA®, CIPA) preferred. • Minimum of 10 years in premium audit, insurance, or a related discipline, including at least 5 years in a senior leadership capacity. • Exceptional knowledge of insurance principles, premium audit practices, and regulatory requirements. • Analytical Excellence: Strong ability to interpret complex data, solve problems, and make sound, strategic decisions. • Leadership & Influence: Proven ability to lead high-performing teams, inspire collaboration, and influence at senior and executive levels. • Communication Skills: Outstanding oral and written communication skills, coupled with strong interpersonal capabilities. • Relationship Building: Demonstrated mastery in fostering partnerships and cultivating a culture of engagement and collaboration across the organization. • Time Management: Ability to prioritize effectively and manage multiple initiatives in a fast-paced environment. • Technical Proficiency: Skilled in audit software, data analytics tools, and other relevant technologies.

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