Sr. Premium Auditor - Remote

Selective Insurance Company of America•UNAVAILABLE, South Carolina

2h•Remote

About The Position

Under limited supervision and working remotely, the Sr. Premium Auditor performs in-person and virtual audits of Property/Casualty Commercial Lines policies. The role ensures accurate earned premiums, appropriate classifications, and exposures in accordance with company, industry, and government rules and regulations. Audits range from small accounts to larger, complex accounts, and all duties must comply with applicable legal and regulatory requirements. The position manages audit scheduling and territory inventory, reviews insureds’ business operations and financial or business records, evaluates subcontractor operations, verifies claims data, and determines or develops premium bases and classifications. It communicates audit findings and exposure changes to underwriting, resolves audit disputes, supports audit projects and training, and serves as a resource and mentor to other Premium Auditors. The work is remote but requires daily travel to insureds’ offices within an assigned territory, with automobile travel accounting for approximately 70–80% of the employee’s time. Travel outside the territory and overnight stays may also be required.

Requirements

At least 3 years of experience as a physical Premium Auditor.
Ability to communicate effectively and work independently without direct supervision.
Proficiency with computer tools, including Microsoft Excel and Internet research applications.
Ability to climb stairs and consistently carry 20 pounds.
Ability to travel daily to insureds’ offices within an assigned territory and, depending on inventory levels, outside the territory; overnight travel may be required.
Valid state-issued driver’s license in good standing.
Remain informed about insurance manuals, premium audit manuals, handbooks, guides, and related materials.

Nice To Haves

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

Responsibilities

Manage, schedule, and conduct physical and virtual audits of selected Commercial Lines policies based on auditable exposures.
Review insureds’ business operations and financial or business records, and record relevant data.
Evaluate subcontractor operations and detail exposures according to manual rules.
Verify claims data and determine or develop premium bases and classifications in accordance with applicable rules and regulations.
Manage territory and audit inventory to optimize efficiency, meet auditor expectations, and serve internal and external customers.
Travel by automobile to insureds within the assigned territory; travel outside the territory may be required depending on inventory levels.
Notify underwriting of changes identified through audits, including changes to exposures, operations, products or services, classifications, locations, entities, and new construction.
Respond to and resolve audit disputes, gather relevant facts, communicate analysis results, revise audits, and submit amended audits for billing.
Resolve test audit disputes for non-NCCI states.
Maintain positive customer relationships and provide ongoing technical expertise to internal and external customers.
Use automated premium audit work management systems, commercial lines automated systems, and other tools to complete assignments in accordance with established goals.
Develop, apply, and maintain knowledge of company premium audit technical policies and procedures and the property/casualty insurance business.
Assist with or lead Premium Audit projects.
Prepare and present basic-level technical presentations and participate in Premium Audit training programs for internal and external customers.
Serve as a resource, trainer, and mentor for Premium Auditors at the direction of Premium Audit Supervisors.