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Premium Auditor II

Liberty Mutual•East Syracuse, NY
•Remote

About The Position

Premium Auditor II examines policyholders’ operations and financial records to ensure exposures such as payroll, sales, and fixed assets are accurately calculated under insurance guidelines. The role focuses on smaller, less complex risks and communicates audit findings through detailed formal reports supported by audit workpapers. The auditor works from home when not traveling to policyholders’ locations.

Responsibilities

  • Examine policyholders’ accounting and financial records to ensure accurate calculation of earned premium for smaller, less complex risks.
  • Verify that audited exposures, including payroll, sales, and fixed assets, are accurately calculated in accordance with insurance guidelines.
  • Review audit documentation and company policy systems to identify auditable exposures and coverages and plan audit strategy.
  • Investigate policyholder operations, obtain actual exposures, verify classifications against the policy, and ensure compliance with applicable state laws and insurance regulations for the audit period.
  • Prepare detailed workpapers and written correspondence supporting audit findings.
  • Identify audit issues and communicate findings to appropriate stakeholders, including Central Processing, Distribution, Underwriting, and agents or brokers, to explain risk conditions or initiate policy contract changes.
  • Manage workload and time efficiently, including scheduling appointments based on assignment priority and location, managing work in process, and documenting progress for stakeholders and management.
  • Complete routine administrative tasks such as time tracking, expense reports, and mileage reports.
  • As assigned, coordinate multi-location audits for large risks, review location audits for quality and accuracy, and consolidate results in the proper format for rating.
  • As requested, assist with complex audits, Special Investigative Unit-related accounts, and special projects, including mentoring and presentations.

Benefits

  • Comprehensive benefits
  • Workplace flexibility
  • Professional development opportunities
  • Employee Resource Groups

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Frequently Asked Questions

Common questions about Premium Auditor careers and jobs.

Based on current job postings on Teal, the average Premium Auditor salary in the US is approximately $85,000 per year, with a typical range of $50,000 to $100,000.
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