Summary
Overview
Work History
Education
Skills
Exams Certifications
Roles And Responsibilities
Timeline
Generic

Shadrach Shapah

Senior Premium Auditor
Bronx,NY

Summary

Experienced Auditor focused on improving business compliance, workflow and processes through detailed audits and optimization recommendations.

Successful track record of fully evaluating information, structures and procedures and initiating corrective actions. Advanced skills in Microsoft Suite.

Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals.

Resourceful Auditing professional with 7 years of experience in audit preparation and reporting.

Overview

7
7
years of professional experience
5
5
years of post-secondary education

Work History

Senior Premium Auditor

Afirm
The Bronx, NY
04.2021 - Current
  • Conducts audit of accounts substantiating accuracy of policy classifications, exposure base inclusions/exclusions, status of subcontractors, subcontractor cost allocations, business and final customer relationship and audits overall business
  • Compiles and analyzes client's operations and accounting records for accuracy in preparation of audit, including examining and authenticating classifications related data from business records as well as visual inspection of insured’s business.
  • Recognizes and communicates regular and irregular audit findings and financial conditions of insured to agent and branch underwriting.
  • Informs corporate investigations and underwriting of questionable operations, including suspected fraud.
  • Develops proper premium basis on risks adhering to strict time deadlines.
  • Prepare reports to communicate audit results and recommendations to management.
  • Prioritizes territorial assignment for policy review and audit load.
  • Managed over 300 inventories at any point in time and makes 70 customers calls per day.
  • Interviewed business owners to understand needs and explain audit scope.
  • Communicated with audit staff to obtain necessary information for audits.

Sedgwick Risk Control
08.2019 - 03.2021
  • Reviewed policies, to determine relevant documents to request for each audit, such as payroll summary, quarterly payroll returns, general ledger, profit and loss statements, sales tax records, etc. to determine basis of premium computation.
  • Managed 100 inventories, prioritized assignments based on carrier needs, grouping inventory into geographical locations for efficient management and appointment scheduling purposes.
  • Paid attention to detail while completing assignments.
  • Gained extensive knowledge in data entry, analysis and reporting.
  • Applied effective time management techniques to meet tight deadlines
  • Excellent communication skills, both verbal and written

Midwest Technical Inspections
04.2017 - 07.2019
  • Reviewed policies, to determine relevant documents needed for each audit, such as payroll summary, quarterly payroll returns, financial statements such as general ledger, profit and loss statements, sales tax records, etc. to determine basis of premium computation.
  • Managed 100 inventories, prioritized assignments based on carrier needs, grouping inventory into geographical locations for efficient management and appointment scheduling purposes.

Education

Master of Science - Actuarial Science

University of Ghana
Accra, Ghana.
08.2014 - 06.2015

Bachelor of Science -

Kwame Nkrumah University of Science And Technology
Kumasi, Ghana.
08.2009 - 06.2013

Skills

MS Office: Excel and Wordsundefined

Exams Certifications

  • 2017, Certificate for Premium Audit (USRU)
  • 2017, Pass, SOA/CAS, Financial Mathematics
  • 2017, Pass, SOA/CAS, Probability

Roles And Responsibilities

  • Conducts audit of accounts substantiating accuracy of policy classifications, exposure base inclusions/exclusions, status of subcontractors, subcontractor cost allocations, business and final customer relationship and audits the overall business.
  • Compiles and analyzes client's operations and accounting records for accuracy in preparation of audit, including examining and authenticating classifications related data from business records as well as a visual inspection of the insured’s business.
  • Recognizes and communicates regular and irregular audit findings and financial conditions of an insured to the agent and branch underwriting.
  • Informs corporate investigations and underwriting of questionable operations, including suspected fraud.
  • Develops proper premium basis on risks adhering to strict time deadlines.
  • Prepare reports to communicate audit results and recommendations to management.
  • Prioritizes territorial assignment for policy review and audit load.

Timeline

Senior Premium Auditor

Afirm
04.2021 - Current

Sedgwick Risk Control
08.2019 - 03.2021

Midwest Technical Inspections
04.2017 - 07.2019

Master of Science - Actuarial Science

University of Ghana
08.2014 - 06.2015

Bachelor of Science -

Kwame Nkrumah University of Science And Technology
08.2009 - 06.2013
Shadrach ShapahSenior Premium Auditor