Hybrid Premium Auditor, Workers' Comp (Remote)

SFM Mutual Insurance Company; BLOOMINGTON (MN); Hybrid; USD 40,000 - 55,000; Full time

Benefits offered by this job

Hybrid work model

Comprehensive benefits

401(k) with match

Paid holidays and PTO

Job summary

SFM Mutual Insurance Company is seeking an Insurance Premium Auditor for Workers’ Compensation in Bloomington, MN. The role conducts premium audits to ensure correct premiums, reviewing payroll and contracts, and applying workers’ compensation rules.

Most work is done digitally with some in-office time in a hybrid model. Requirements include a degree in accounting/finance or related field, or 2 years of premium audit/financial data experience, plus strong math and communication abilities.

Qualifications

• Bachelor’s or Associate degree in accounting/finance or similar field preferred; or two years’ experience reviewing and processing premium audits or working with financial data in an accounting, business office, bank or insurance environment.

Responsibilities

• Performs premium audits electronically, paper copies or telephonically on less complex accounts with premiums typically less than $10,000.
• Analyzes policyholder’s financial reconciliations to ensure a match.
• Compares payroll records with estimated or actual payroll and adjusts premium accordingly.
• Determines scope of operations by reviewing contracts and applying workers’ compensation rules.
• Summarizes exposure information and communicates audit results to policyholders and team members.
• Processes audits to determine current premium base by entering results in the database.
• Provides high quality customer service to agents and policyholders via phone/email.

Skills

Analytical skills

Communication skills

Mathematical skills

Education

Bachelor’s or Associate degree in accounting/finance or related field

Two years’ experience with premium audits or financial data

Tools

MS Office (Excel, Word)

Job description

SFM Mutual Insurance Company is seeking an Insurance Premium Auditor for Workers’ Compensation in Bloomington, MN. The role conducts premium audits to ensure correct premiums, reviewing payroll and contracts, and applying workers’ compensation rules.

Most work is done digitally with some in-office time in a hybrid model. Requirements include a degree in accounting/finance or related field, or 2 years of premium audit/financial data experience, plus strong math and communication abilities.