Premium Auditor (Virtual/Phone Based)

Frankenmuth Insurance Company
6dRemote

About The Position

Under moderate supervision and following standard procedures with some independent judgment investigate, examine, and report on financial and operational characteristics of commercial business operations to determine earned premium on coverage and other auditable exposures by performing the following duties.

Requirements

  • Bachelor’s degree (B.A.) from four-year college or university; or four to six years related experience and/or training; or equivalent combination of education and experience.
  • General Insurance Certificate/ Associate in Insurance Service (AIS)
  • Valid Driver’s License
  • A minimum requirement for this position is the ability to work legally in the United States. No visa sponsorship/support is available for this position, including for any type of U.S. permanent residency (green card) process.

Responsibilities

  • Conduct phone and/or physical premium audits to ensure that the payroll and sales figures of insured are accurately tabulated against the policy estimates for premium determination.
  • Demonstrate that the insured is classed appropriately for all lines of business being audited.
  • Investigate and verify the premium base exposures according to policy contract terms, manual rules, company filings, and procedures; knows audit options for insured.
  • Build and maintain working relationships with agents, insureds and coworkers; request information, answer questions by telephone, email and written communication.
  • Develop and update procedures by compiling and entering data for reviews/reports and systems.
  • Perform other duties as assigned.
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