What is it?
Nero Check - nerocheck.exe

What does it do?
nerocheck.exe - This program constantly checks for known drivers that can conflict with our Nero/Nero Express/NeroVision Express software. And when you print or save the Nero log file, you will see this list of drivers that this program has found at the bottom of the Nero Log file.

Source:

Virus Precautions:
You'll want to keep an eye on this google search for any known viruses. The normal location of nerocheck.exe is C:WINDOWSSystem32NeroCheck.exe