Premium Auditor
EMC Insurance Companies
full-time
Posted on:
Location Type: Remote
Location: Arizona • Idaho • United States
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Salary
💰 $55,795 - $84,000 per year
About the role
- Schedules and completes premium audits with policyholder contacts, either in-person or virtually, to determine accurate final premium for adjustable lines of insurance
- Reviews policyholder financial records, including tax returns, payroll records, financial statements, journals, ledgers, and any other aspect of a business necessary to verify loss exposures and premium
- Prepares detailed reports of audit findings, including correct loss exposures, classifications, and a detailed description of business operations to assist underwriting with risk assessment and insurance fraud discussions
- Ensures audits are completed in accordance with departmental production, quality, and timeliness standards
- Serves as a technical resource to both internal and external stakeholders, including agents, policyholders, underwriters, and others
- Consults with agents and policyholders regarding the audit process and record-keeping procedures to comport with auditing guidelines and manual rules
- Reviews classifications for new business submissions upon request to verify or correct classifications
- Promotes the audit function for both internal and external stakeholders and educates agents and policyholders on additional products or services available at EMC
- Reviews and resolves audit disputes, and communicates resolutions among agency, policyholder, underwriting, and accounting stakeholders
- Stays up to date on industry regulations and best practices to support audit efficiency and effectiveness
Requirements
- Bachelor’s degree in accounting, finance, insurance, or related business field or equivalent relevant experience
- Strong math and accounting aptitude with attention to detail
- Knowledge of property and casualty insurance industry and applicable Workers’ Compensation regulations and classifications preferred
- Ability to analyze, research, and resolve audit issues
- Excellent customer service skills
- Strong interpersonal and communication skills
- Ability to work independently as well as with others under minimal supervision
- Ability to manage multiple tasks while meeting deadlines
- Travel required; a valid driver’s license with an acceptable motor vehicle report per company standards required if driving
Benefits
- Outstanding benefits with life, medical, dental, vision and prescription drug coverage
- Competitive paid time off plan and a full day of volunteer time off annually
- Financial incentives, including a 401(k) plan match, pension plan, OneEMC bonus plan and recognition and anniversary awards
- Professional development and growth opportunities, including tuition reimbursement
- Wellness initiatives to improve team member well-being and reduce health insurance costs
- Flexibility to dress for your day and opportunities for alternative work arrangements
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
premium auditsfinancial analysisreport preparationloss exposure assessmentclassification reviewaudit dispute resolutionrecord-keeping proceduresrisk assessmentinsurance fraud analysismathematics
Soft Skills
attention to detailcustomer serviceinterpersonal skillscommunication skillsindependent workteam collaborationtime managementproblem-solvinganalytical skillsorganizational skills
Certifications
Bachelor’s degree in accountingBachelor’s degree in financeBachelor’s degree in insurancevalid driver’s license