Premium Audit Specialist (PA)

Great American Insurance Group; New York (NY); Remote; USD 79,000 - 107,000; Full time

Benefits offered by this job

Medical, Dental, Vision coverage

Paid Time Off

401(k) with company match

Employee stock purchase plan

Commuter benefits

Job summary

SCI Summit Consulting, LLC is seeking a senior Premium Audit professional to lead complex audits, verify premium accuracy, and provide guidance across underwriting and finance teams. The role requires deep technical audit knowledge and strong collaboration with producers, underwriters, and leadership in a field setting.

You will mentor staff, deliver detailed audit reports, and ensure compliance with regulations while maintaining exceptional service to policyholders.

Qualifications

• Bachelor's degree in accounting/finance or related field.
• Minimum 10 years of experience in Premium Audit, Underwriting, Accounting or Finance.
• Progress toward professional designation such as APA, AU, CPCU or ARM preferred.

Responsibilities

• Audit insureds' financial records to verify premiums and compliance.
• Review complex financial statements and payroll to identify variances in premiums.
• Resolve discrepancies by coordinating with producers, underwriters, and leadership.
• Evaluate certificates and class codes for exposures.
• Prepare and present detailed audit reports with actionable findings.
• Collaborate with underwriters to ensure accurate premium calculations.
• Provide customer service to policyholders during audits.
• Mentor staff on audit practices.
• Other duties as assigned.

Skills

Analytical skills

Communication skills

Leadership

Premium audit knowledge

Education

Bachelor's degree in Accounting/Finance/Business

Professional designation (APA/AU/CPCU/ARM) preferred

Tools

None

Job description

Summit provides independent insurance agents and their clients with market-leading workers' comp insurance and elite customer service. We're growing and currently serve more than 7,000 independent agents and 31,000 policyholders across the South, Midwest, and Mid-Atlantic. Our strength comes from a single-minded focus on workers' comp and a commitment to long-term customer relationships. Summit is who you turn to when you need a specialist who not only knows workers' comp but also gets to know your business and your priorities. Our field team members are located in every state in which we operate. Summit is a member of the Great American Insurance Group where our highest goal is for all employees to feel included, respected, and empowered to perform at their best.

Essential Job Functions and Responsibilities

• This position is a field role in Pennsylvania.
• Conducts thorough audits of insureds financial records to verify the accuracy of reported premiums, ensuring that all calculations are precise and compliant with company policies, industry regulations, and legal requirements.
• Conducts reviews and analysis of complex financial statements, payroll records, and other relevant documents, identifying trends and anomalies that may impact premium accuracy.
• Resolves complex discrepancies in policyholder records by coordinating with producers, underwriters, insureds, leadership, and other internal departments, ensuring that all issues are addressed promptly and effectively.
• Evaluates and determines the applicability of insurance certificates and class codes to specific exposures.
• Analyzes claim activity on policies to ensure that employee coding is consistent and accurate.
• Prepares and presents detailed audit reports to management, providing clear and actionable findings that support strategic decision-making.
• Collaborates with underwriters and other internal departments to ensure accurate premium calculations.
• Provides excellent customer service to policyholders by addressing complex audit-related inquiries and ensuring a positive experience throughout the audit process.
• May monitor and evaluate premium audit practices, assisting with implementing strategic adjustments to improve overall effectiveness and outcomes.
• May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports.
• Performs other duties as assigned.

#LI-Remote

Job Requirements

Education:

Bachelor's degree in Accounting, Finance, Business, Risk Management and Insurance, or a related field or equivalent experience.

Experience:

Generally, a minimum of 10 years of experience in Premium Audit, Underwriting, Accounting, or Finance. Insurance accounting experience preferred. Completion of or continuing progress toward a professional designation preferred, such as Associates in Premium Audit Program (APA), Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), or Associate of Risk Management (ARM).

Scope of Job/Qualifications

• Demonstrates advanced technical knowledge across various accounting principles and practices.
• Works on assignments of high technical and logistical complexity.
• Demonstrates advanced analytical and problem-solving skills.
• Maintains knowledge of industry trends, regulations, and best practices to ensure that all audits are conducted in compliance with company policies, industry regulations, and state laws.
• Demonstrates excellent interpersonal and communication skills, with the ability to work collaboratively in a fast-paced environment and across departments.
• Serves as a senior resource on the Premium Audit team.
• Provides technical advice and support to lower-level positions.

Company:SCI Summit Consulting, LLCSalary Range:$79,200.00 -$106,800.00

Benefits

• Benefits:We offer competitive benefits packages for full-time and part-time employees*.
• Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement.
• Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits.
• Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process. Learn more at

careers .*Excludes seasonal employees and interns.