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NJM Insurance
Ewing, NJ | Full Time
$70k-85k (estimate)
3 Months Ago
Premium Auditor
NJM Insurance Ewing, NJ
$70k-85k (estimate)
Full Time | Business Services 3 Months Ago
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NJM Insurance is Hiring a Premium Auditor Near Ewing, NJ

Our Commercial Lines department is seeking a Premium Auditor with strong organizational and time management skills.

The auditor will be responsible for performing audits of Commercial Lines policies in accordance with company, industry and government rules and regulations in order to establish appropriate classifications, exposures and basis of premium for each insured.

This position will require travel in Northern NJ and will spend a majority of time in the field.

Job Responsibilities:

  • Conducting Premium Audits on Commercial Lines polices within their assigned geographic area (Northern NJ).
  • Performing a thorough review of the policyholder’s records to identify the insured’s exposures to the coverage provided.
  • Contacting the policyholder to schedule the audit and traveling to the audit site.
  • Verifying employer classes, claimant information, tax identification numbers, and payroll for the audit period, as well as other appropriate information required to ensure a complete and thorough audit.
  • Documenting and processing the audit to explain deviations when compared to prior audit results and changes in the insured’s exposures within established guidelines.
  • Interacting and building rapport with the policyholder.
  • Collaborate with Underwriting, Loss Prevention, Workers’ Compensation Claims, Special Investigations Unit to ensure policyholders and department management are aware of and understand audit variances.

Required Experience and Skills:

  • A Bachelor’s degree in Business Administration, Accounting or Finance is preferred.
  • Knowledge of Accounting principles
  • Knowledge of Workers Compensation, General Liability and/or premium audit procedures
  • Knowledge of Microsoft Word, Excel and Outlook is required.
  • Strong verbal, listening and written communication skills.
  • Must be able to work independently and as a team.
  • Analytical decision making capabilities are required.

Preferred:

  • Insurance Industry Experience
  • APA ( Associate in Premium Auditing)
  • CIPA ( Certified Insurance Premium Auditor)
  • ARM ( Associate in Risk Management )
  • CPCU ( Chartered Property and Casualty Underwriter)

Job Type: Full-time

Pay: $69,880.00 - $81,200.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Employee assistance program
  • Employee discount
  • Health insurance
  • Life insurance
  • Paid time off
  • Professional development assistance
  • Tuition reimbursement
  • Vision insurance

Schedule:

  • 8 hour shift
  • Monday to Friday

Supplemental pay types:

  • Bonus opportunities

Application Question(s):

  • Please indicate your minimum salary requirement (Note: responses of N/A, negotiable or left blank will not be considered):

Ability to Relocate:

  • Ewing, NJ 08628: Relocate before starting work (Required)

Work Location: Hybrid remote in Ewing, NJ 08628

Job Summary

JOB TYPE

Full Time

INDUSTRY

Business Services

SALARY

$70k-85k (estimate)

POST DATE

02/29/2024

EXPIRATION DATE

06/26/2024

WEBSITE

njm.com

HEADQUARTERS

KERNERSVILLE, NC

SIZE

1,000 - 3,000

FOUNDED

1913

TYPE

Private

CEO

NANCY J VINSON

REVENUE

<$5M

INDUSTRY

Business Services

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About NJM Insurance

NJM is a brokerage firm that provides business, property, workers compensation, auto and commercial insurance products and services.

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The following is the career advancement route for Premium Auditor positions, which can be used as a reference in future career path planning. As a Premium Auditor, it can be promoted into senior positions as an Internal Auditor II that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Premium Auditor. You can explore the career advancement for a Premium Auditor below and select your interested title to get hiring information.

If you are interested in becoming a Premium Auditor, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Premium Auditor for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Premium Auditor jobs

The qualifications needed to become a premium auditor start with a bachelor’s degree.

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