Premium Auditor/Sr. Premium Auditor - Mid Atlantic Region

Selective Insurance Company of America

6h•$63,000 - $108,000•Hybrid

About The Position

At Selective, we don't just insure uniquely, we employ uniqueness. Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years. Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including listing in Forbes Best Midsize Employers in 2025 and certification as a Great Place to Work® in 2025 for the sixth consecutive year. Employees are empowered and encouraged to Be Uniquely You by being their true, unique selves and contributing their diverse talents, experiences, and perspectives to our shared success. Together, we are a high-performing team working to serve our customers responsibly by helping to mitigate loss, keep them safe, and restore their lives and businesses after an insured loss occurs. Under limited supervision and working remotely, this position is responsible for performing audits (in-person and virtually) on Property / Casualty Commercial Line policies in accordance with company, industry and government rules and regulations to ensure accurate earned premiums, appropriate classifications and exposures. Will perform audits ranging from small accounts to larger complex audits. All job duties must be carried out in compliance with applicable legal and regulatory requirements.

Requirements

Remain informed with all insurance manuals, premium audit manuals, handbooks, guides and related materials.
Ability to effectively communicate and work independently without direct supervision.
Demonstrate a proficiency in usage of computer tools including: Microsoft Excel, Internet research applications, etc.
Able to climb stairs and consistently carry 20 pounds.
Must be able to travel to insureds’ offices on a daily basis within the assigned territory, or outside of the assigned territory depending on inventory levels, which may require overnight travel.
Must have valid state-issued driver’s license in good standing.
3+ years’ experience as a physical Premium Auditor

Nice To Haves

College degree in Insurance, Accounting, Finance or related field is preferred.
Successful completion of Associate in Premium Auditing 91 (APA 91) and Associate in Premium Auditing 92 (APA 92) is desired.

Responsibilities

Manage, schedule and conduct physical / virtual audits for selected Commercial Lines policies based on auditable exposures. Audit consists of reviewing the insured’s business operations, examining and recording data from financial / business records. Evaluate all subcontractor operations and detail exposures according to manual rules. Verify claims data. Determine and/or develop premium basis and classification. All in accordance with company, industry and government rules and regulations.
Manage and schedule territory and inventory to optimize efficiencies, auditor expectations and meet internal and external customer needs. Responsible for automobile travel within territory traveling to insureds. Car travel represents approximately 70-80% of employee’s time.
Upon audit completion, provide notification to underwriting team of any changes in exposures, business operations, products/services, additional or deleted classifications, locations, entities, new construction, etc.
Respond to and resolve audit disputes and make appropriate changes to revise audits as needed. Compile pertinent facts related to disputes, documents and communicates the results of the analysis, and prepares amended audits and submit for billing. Resolve test audit disputes for non-National Council on Compensation Insurance (NCCI) states.
Maintain a positive customer relationship and develop relationships with internal and external customers to provide ongoing technical expertise.
Utilize automated premium audit work management system, commercial lines automated system and other tools to complete assignments in accordance with established goals.
Develop, apply, and maintain working knowledge of company premium audit technical policies and procedures and demonstrate an understanding of the property/casualty insurance business.
Assist or may lead in Premium Audit projects. Prepare and present basic level technical presentations and participate in premium audit training programs to internal and external customers on a variety of Premium Audit topics and issues.
Serve as a resource, trainer and mentor for Premium Auditors at the direction of the Premium Audit Supervisors.