Premium Auditor job description

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Description

Premium Auditors are required to perform timely and accurate physical audits related to all types of auditable policies. They supervise the receipt of premium to ensure regularity in premium payments. These professionals make sure that a company receives a specific amount in full and regularly. They also assist in the yearly general auditing process and interact with agents to obtain additional business and financial information.

Premium Auditors usually perform many of the following tasks:
• Assisting in training premium auditors.
• Giving assistance to their clients.
• Submitting monthly work summary.
• Preparing audits in timely manner.
• Verifying accuracy of policy classifications.

Skills

• Having IT skills.
• Being detail oriented.
• Having interpersonal skills.
• Being analytical.
• Having time management skills.
• Being proactive.
• Having organizational skills.
• Being able to work alone.
• Having strong communication skills.
• Having good knowledge of premium and accounting.

Education

Candidates for Premium Auditor jobs are required to have a Bachelor´s Degree in Accounting, Risk Management and Insurance, Business Administration or other business related subjects. Applicants for these posts also need to have several courses on audit and insurance topics. Employers in this industry require candidates having two years of work experience in bookkeeping, payroll, accounting, or in the insurance area. Another option to enter to this industry is having an equivalent combination of experience and education to obtain suitable knowledge and skills for future jobs.

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