Full Job Description
Under minimal supervision, the Premium Auditor is responsible for visiting insureds or accountants, in an assigned territory, to perform physical inspections of payroll/financial records to determine the final earned premium on expired policies. In addition, the Premium Auditor provides expert opinion on the proper classification of insureds. The Premium Auditor will audit more complex risks requiring a high degree of technical communication skills.
Performs premium audits within an assigned geographic territory, maintaining high quality with timely service
Verifies all audits with state and federal filings
Maintains favorable relationships with insureds, agents, and other company personnel. Takes prompt, customer-focused action to resolve complaints/audits disputes and report and problems to Director of Premium Audit that may require attention.
Submits activity reports, expense accounts, and any other reports as required by management.
Visits producers and agents to discuss problems/opportunities.
Transmits audit electronically in a timely fashion.
Assists in training of new Premium Auditors.
Assists Premium Audit Manager with special projects.
May require expert witness for bureau hearings and disputes.
May review contract fee audit work for quality assurance and billing.
This position requires a Bachelor's Degree in Accounting or Management or equivalent combination of education and experience.
Experience in accounting, finance or insurance field (audit experience preferred).
Proficient in Microsoft Word and Excel.
Must have strong organizational skills and attention to detail.
Strong verbal and written communication skills a must.
Our comprehensive benefits package includes all traditional offerings such as:
Health Insurance options, Dental Insurance options and Vision Insurance
Employee Life Insurance/AD&D and Dependent Life Insurance options
Short-term & Long-term Disability
Health Savings Account with potential employer match
Flexible Medical and Dependent Care Account
Critical Illness Insurance
Employee Assistance Program
Legal/Identify Theft Insurance options
Long Term Care Insurance
401 (k) Retirement Plan with match up to 5%, plus profit sharing & discretionary contributions (subject to vesting)
5 weeks of Paid Time Off (PTO)
7 paid holidays
We also offer other benefits to help foster a healthy, balance lifestyle such as:
Paid Parental Leave
Student loan paydown and refinancing assistance
Educational assistance for job related courses, seminars, certifications or degrees
One paid day every year to volunteer for your non-profit of choice
On-site fitness center (Maine & Virginia) or fitness reimbursement
Sit-Stand desks & daily stretch breaks
MEMIC is committed to a policy of nondiscrimination and equal opportunity for all employees and qualified applicants without regard to race, color, religious creed, national origin, ancestry, age, disability, genetics, gender identity, veteran's status, sexual orientation, or any other characteristic protected by law.