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EMPLOYERS · 1 day ago

Senior Premium Auditor (Workers' Compensation)

United States

Full-time

Remote

Mid, Senior Level

$60K/yr - $85K/yr

7+ years exp

EMPLOYERS is a dynamic provider of workers' compensation insurance and services, seeking a goal-oriented individual to join their team. The Senior Premium Auditor will conduct remote telephone premium audits, verify operations, and ensure compliance with regulations while mentoring other auditors.

FinanceFinancial ServicesInsurance

No H1B

Responsibilities

Using independent judgment, prioritize and schedule assigned audits

Review audit case information and obtain required payroll and premium documentation from policyholders. Conduct remote telephone or on-site physical premium audits –

Audit insured’s payroll records, financial statements and tax records

Conduct entrance and exit interviews with policyholders to gather information and discuss premium audit results

Visually inspect worksite(s) to validate classifications as appropriate

Analyze and review claims to verify employment, proper classification coding and proper allocation of payroll

Prepare a compressive premium audit report in compliance with company policies and standards

Report changes in policy information, financial condition, operations or any fact that may affect the insurability of the policyholder

Complete assigned work within established company standards for quality and production

Respond to audit questions and disputes in a timely manner

Regularly utilize internal systems to complete premium audits

Demonstrate expert knowledge of manual rules, state regulations, and company standards and procedures. Remain up to date with relevant premium audit and insurance industry changes

Include average inventory EAP (~$5.4M) and average policy size ($28K) (Consequences of errors discussion)

Mentor and train other auditors as assigned

Other duties as assigned

Qualification

Workers' Compensation AuditWCIRBNCCI RulesFinancial Document AnalysisComputer SkillsCommunication SkillsBachelor's DegreeAPACPCU CertificationTime ManagementMentoring Skills

Required

7+ years of prior experience in workers' compensation premium audit applying either WCIRB or NCCI rules and regulations or equivalent experience required

Working knowledge of home state manual rules (WCIRB or NCCI) and applicable state exceptions

Valid state driver's license and acceptable driving record

Intermediate computer skills including ability to use spreadsheets, e-mail and 10-key by touch

The ability to effectively convey complex information to policyholders, agents/brokers, and internal customers using strong written and verbal communication skills

The ability to interpret and comprehend a variety of payroll and other financial/business documents

Exceptional time management skills to manage workload and related administrative tasks

Equivalent combinations of education and experience may be considered

Bachelor's degree in business, accounting or related field, equivalent experience or a combination of education and experience required