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K2 Insurance Services · 10 hours ago

Premium Auditor-Hybrid

Louisville, TN

Full-time

Hybrid

New Grad, Entry Level

$50K/yr - $55K/yr

K2 Insurance Services, through its Midwestern Insurance Alliance (MIA), is seeking a full-time Premium Auditor to join its workers’ compensation audit team in Louisville, KY. The role involves conducting audits on policyholder records to ensure proper calculation and compliance of workers’ compensation insurance premiums.

Financial ServicesInsurance

Responsibilities

Conduct detailed audits of policyholders’ payroll, financial records, and other relevant documentation to determine the correct classification and premium assessment for workers' compensation coverage

Review financial statements, payroll records, tax filings, and other business documents to assess risk exposure and ensure accuracy

Verify proper classification codes for each job type and ensure businesses are correctly categorized

Identify and assess discrepancies between reported information and actual business operations, investigating any significant differences

Communicate with clients to gather necessary documentation, answer questions, and resolve any issues identified during the audit process

Prepare audit reports detailing findings, discrepancies, and recommended premium adjustments

Collaborate with underwriting, claims, and other departments to ensure accurate premium assessments

Stay updated with industry trends, insurance regulations, and changes in state or federal laws affecting workers' compensation premiums

Ensure audits are completed within specified timelines and in accordance with company policies and regulatory standards

Qualification

Workers' compensation insuranceAuditing tools proficiencyAnalytical skillsAccounting software proficiencyCommunication skillsOrganizational skillsAttention to detail