This range is provided by Rockwood Search. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
$100,000.00/yr - $120,000.00/yr
Job Summary
Under minimal supervision, the Premium Auditor is responsible for performing complex workers' compensation and general liability audits by examining financial records and business operations of policyholders, documenting audit findings, calculating risk exposures and ensuring audits are completed pursuant to rating bureau rules and state law. This position must maintain high ethical standards in maintaining the integrity of the rating system.
Responsibilities
- Engages with policyholders to review their financial records, payroll registers and other relevant documents. Ensures the accuracy of premium calculations by examining ledgers, state/federal wage reports, financial statements and relevant accounting records.
- Analyzes business operations to determine the appropriate risk classifications for the policy.
- Documents audit findings including change in operations, risk exposures and claims review.
- Maintains a record of all communications with policyholders in our electronic audit inventory system.
- Proactively engages with policyholders and agents to ensure mutual understanding of rules and regulations that impact premium basis.
- Respond promptly to inquiries from external customers (i.e., agents and insureds) and internal customers with information to assist in their understanding of audit-related matters, including audit compliance, procedures, and worksheets.
- Remains informed of changes and current information relative to premium auditing through WCIRB, independent rating bureaus, NCCI, or other industry resources.
- Utilizes laptop and peripheral technology to organize, schedule and complete audits.
- Other responsibilities as assigned by management.
Requirements
- Minimum of five years' experience as a premium auditor with carrier or vendor experience.
- Proficient in MS Word and Excel.
- Strong knowledge of WCIRB, NCCI and Independent Bureau resources such as Basic and Scopes manuals.
- General Liability and Auto Dealers premium audit experience preferred.
- Excellent verbal and written communication skills.
- Must have strong organizational skills and attention to detail.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Other
Industries
Insurance
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