EMC Insurance Companies
Keeping insurance human
Premium Auditor
Location
Arizona + 4 moreAll locations: Arizona, Idaho, Montana, Nevada, Oregon
Posted
19 days ago
Salary
$55.8K - $84K / year
Bachelor DegreeExperience acceptedEnglish
Job Description
• 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
Job 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
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