Commercial Premium Auditor

Overview

This role involves collecting, reviewing, and evaluating audit information to ensure accurate classification codes and calculation of earned premiums for insurance risks. The position requires communication with representatives, clients, and vendors to assess policy and rating data, determine necessary changes, and ensure proper classification and premium basis before processing transactions.

Responsibilities

• Ensure accuracy of classification codes and earned premium calculations.
• Obtain client financial records necessary to process audits, policy changes, or other transactions.
• Monitor auditing system reports and batch processes to take appropriate actions on audit-related functions.
• Develop reports outlining findings and provide recommendations to improve accuracy.
• Explain the audit process and results to clients, financial representatives, underwriting, and billing departments.
• Collect required information and answer questions related to audits.

Requirements

• Typically requires 4+ years of relevant experience or a combination of related experience, education, and training.

Compensation & Benefits

• Base pay range: $64,800 - $89,100, depending on skills, qualifications, and experience.
• Eligibility for a Short-Term Incentive plan in addition to base salary.
• Benefits package includes medical, dental, vision, disability, and life insurance.
• 401(k) plan with company match.

Equal Opportunity

The employer is committed to providing equal opportunity in all areas of employment and maintaining a work environment free of discrimination and harassment. Employment decisions are made without regard to race, color, religion, age, gender, sexual orientation, veteran status, national origin, disability, or any other status protected by applicable laws or regulations.