Premium Auditor
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Frankenmuth Insurance Company
Nashville, TN, US
Summary
Conduct phone and physical premium audits to verify payroll and sales figures against policy estimates. Build and maintain professional relationships with agents and insureds while ensuring accurate classification of business lines.
Job Description
*Preference is that candidates reside within the state of Tennessee, North Carolina or Georgia
Summary: Under general supervision and with 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.
Essential Duties and 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.
Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education/Experience:
Level 5: 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.
Certificates, Designations and Licenses:
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.
Frankenmuth Insurance exists to provide peace of mind by protecting individuals, families, and businesses with tailored insurance solutions. Headquartered in historic Frankenmuth, Michigan, we’ve been serving our policyholders for nearly 160 years and remain committed to being your insurer of choice through exceptional protection and service. As a super-regional carrier, we work exclusively with more than 800 independent agencies across 15 states to offer business, home, and auto insurance, along with surety bonds. We proudly maintain $2.5 billion in assets and an AM Best A (Excellent) Financial Strength Rating, demonstrating our long-standing reliability and commitment to protecting what matters most. Learn more at fmins.com.
Founded
1868
Company size
501-1,000 employees
Industry
Insurance
Org type
Privately Held
Headquarters
Frankenmuth, MI
Frankenmuth Insurance exists to provide peace of mind by protecting individuals, families, and businesses with tailored insurance solutions. Headquartered in historic Frankenmuth, Michigan, we’ve been serving our policyholders for nearly 160 years and remain committed to being your insurer of choice through exceptional protection and service. As a super-regional carrier, we work exclusively with more than 800 independent agencies across 15 states to offer business, home, and auto insurance, along with surety bonds. We proudly maintain $2.5 billion in assets and an AM Best A (Excellent) Financial Strength Rating, demonstrating our long-standing reliability and commitment to protecting what matters most. Learn more at fmins.com.
Founded
1868
Company size
501-1,000 employees
Industry
Insurance
Org type
Privately Held
Headquarters
Frankenmuth, MI