Premium Auditor (state of Tennessee or North Carolina)

Frankenmuth Insurance Company

6d • Remote

About The Position

Under general supervision and with independent judgment, investigate, examine, and report on the financial and operational characteristics of commercial business operations to determine earned premium on coverage and other auditable exposures. This role requires conducting phone and/or physical premium audits to ensure accurate tabulation of payroll and sales figures against policy estimates for premium determination. The auditor must demonstrate appropriate classification for all lines of business, investigate and verify premium base exposures according to policy contract terms, manual rules, company filings, and procedures, and select the best audit options for the insured. Building and maintaining working relationships with agents, insureds, and coworkers is essential, as is researching, developing, and updating procedures. The role may also involve providing guidance and training to junior staff.

Requirements

• Ability to perform each essential duty satisfactorily.
• 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
• 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 and selects best audit options for insured.
• Build and maintain working relationships with agents, insureds, and coworkers; request information, answer questions by telephone, email and written communication.
• Research, develop, and update procedures by compiling and entering data for reviews/reports and systems to ensure consistency within the audit process.
• May provide leadership to junior staff through guidance and training.
• Perform other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level