Premium Audit Specialist (PA)

Summit Insurance Group, Inc.; Pennsylvania; On-site; USD 79,000 - 107,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

Wellness programs

Parental leave

Adoption assistance

Tuition reimbursement

Paid time off

Paid holidays

401(k) plan with company match

Employee stock purchase plan

Commuter benefits

Job summary

SCI Summit Consulting, LLC in Pennsylvania seeks a senior Premium Audit professional to lead complex premium audits, ensure accuracy, and support strategic decisions. You will review financials, payroll, and certificates while coordinating with underwriters and staff to resolve issues.

You bring 10+ years in premium audit or related fields, with advanced accounting knowledge and relevant designations preferred; strong collaboration and client service are essential.

Qualifications

• Bachelor's degree or equivalent experience in accounting or finance.
• Minimum of 10 years in Premium Audit, Underwriting, Accounting, or Finance.
• Professional designations such as APA, AU, CPCU, or ARM preferred.
• Advanced technical knowledge of accounting principles and compliance.

Responsibilities

• Conduct thorough audits of insureds' financial records to verify premium accuracy.
• Review complex financial statements, payroll records and related docs for anomalies.
• Resolve discrepancies by coordinating with producers, underwriters and leaders.
• Evaluate class codes and certificates for exposures and premium calculations.
• Prepare detailed audit reports with actionable findings for management.
• Collaborate with underwriters to ensure accurate premium calculations.
• Provide excellent customer service to policyholders during audits.

Skills

Premium Audit

Underwriting

Accounting

Finance

Analytical thinking

Education

Bachelor’s degree in Accounting, Finance, Business, Risk Management and Insurance, or a related field

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.

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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, LLC

Salary Range:

$79,200.00 -$106,800.00

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 .

*Excludes seasonal employees and interns.