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Premium Auditor II

Frankenmuth Mutual Insurance Co.

Premium Auditor II

Grand Rapids, MI
Full Time
Paid
  • Responsibilities

    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:

    1. 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.

    2. Demonstrate that the insured is classed appropriately for all lines of business being audited.

    3. 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.

    4. Build and maintain working relationships with agents, insureds, and coworkers; request information, answer questions by telephone, email and written communication.

    5. Research, develop, and update procedures by compiling and entering data for reviews/reports and systems to ensure consistency within the audit process.

    6. May provide leadership to junior staff through guidance and training.

    7. Perform other duties as assigned.

    Required Skills Required Experience

    • 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.

    • 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.