Premium Auditor (Hybrid - Entry Level)
ARMStrong Insurance Services · Niagara Falls, NY
- On site
- Full-time
- $91,000 / year
- Niagara Falls, NY
Job highlights
- Conduct insurance premium audits for various policies.
- Analyze financial records and ensure regulatory compliance.
- Hybrid role: work from home and travel frequently.
- Competitive hourly pay and comprehensive benefits.
- Join a leading financial solutions company.
About the role
Premium Auditor - NEIS, LLC
NEIS, LLC, a leader in the insurance audit and loss control prevention industry since 1945, is seeking a Premium Auditor to join our growing team. As part of ARMstrong Insurance Services, we are committed to providing specialized expertise in debt management and financial services.
About the Role
Premium Auditors examine the financial records of businesses insured by commercial property and casualty insurers to ensure compliance with laws and regulations. Your primary responsibilities include looking for evidence of fraud and verifying that insured businesses adhere to regulatory standards. This is a hybrid position, requiring you to work from home and travel to audit locations within your assigned territory 2-4 days per week.
Job Responsibilities
- Conduct insurance premium audits for Workers Compensation, General Liability, and Automobile policies.
- Audit policyholder's records and apply manual rules and company standards.
- Prepare for audits by identifying necessary information and record types.
- Develop schedules to maximize the optimal use of time.
- Correspond with insured individuals via phone, email, and mail to set up audit appointments.
- Examine policyholder records, gather data to determine correct classifications for business activities, and write effective descriptions of operations.
- Prepare complete audit documents, explain results to the insured, and communicate outcomes to the home office.
- Travel to multiple audit locations; work from home and complete remote audits 2-3 days per week.
Job Requirements
- Associate’s Degree or equivalent, plus two years of experience performing premium audits, or a combination of education and experience is highly desired.
- Ability to read, analyze, and interpret financial documents.
- General PC knowledge, including Microsoft Excel and Word. Knowledge of Visual Audit is a plus.
- Strong communication skills with customers and staff.
- Valid driver’s license and a satisfactory driving record.
- Maintain automobile insurance with specific bodily injury limits.
Compensation and Benefits
- Benefit package with health, dental, vision, life, and disability coverage options.
- 401(k) retirement plan option with company matching and immediate vesting.
- Generous paid time off policy and 7 paid holidays.
- $44-$46 per billable hour.
- Weekly pay.
About ARMstrong Insurance Services
ARMstrong Insurance Services is the leading and most trusted name in debt recovery and financial solutions, with a track record of excellence for decades. As the parent company, ARMstrong proudly owns and operates Brown & Joseph, Paragon, SubroIQ, and NEIS, each a powerhouse in their respective fields.
ARMstrong Insurance Services is an Equal Opportunity Employer.
Key skills/competency
- Premium Auditing
- Workers Compensation Audits
- General Liability Audits
- Automobile Policy Audits
- Financial Record Analysis
- Regulatory Compliance
- Customer Communication
- Microsoft Excel
- Time Management
- Problem-Solving
Skills & topics
- Premium Auditor
- Insurance Audit
- Workers Compensation
- General Liability
- Automobile Insurance
- Financial Analysis
- Regulatory Compliance
- NEIS
- ARMstrong Insurance Services
- Field Audit
- Excel
- Microsoft Word
- Associate's Degree
- Hybrid
- Travel
- Entry Level
How to get hired
- Tailor your resume: Highlight your experience with premium audits, financial analysis, and regulatory compliance. Emphasize your Associate's Degree or equivalent education and any relevant certifications.
- Showcase your skills: Use keywords from the job description such as 'Workers Compensation', 'General Liability', 'Automobile policies', 'financial documents', 'Microsoft Excel', and 'customer communication' throughout your application.
- Prepare for travel: Be ready to discuss your ability and willingness to travel extensively within your assigned territory and your clean driving record.
- Understand the company: Research ARMstrong Insurance Services and its subsidiaries (NEIS, Brown & Joseph, Paragon, SubroIQ) to understand their mission and values.
- Ace the interview: Practice explaining how you would conduct an audit, handle difficult policyholders, and manage your time effectively across multiple locations.
Technical preparation
Master Microsoft Excel for data analysis and reporting.,Familiarize yourself with insurance policy types.,Practice analyzing financial statements thoroughly.,Understand audit principles and compliance standards.
Behavioral questions
Describe a time you found discrepancies in financial records.,How do you manage your schedule for frequent travel?,How do you handle difficult or uncooperative clients?,Explain your approach to ensuring regulatory compliance.
Frequently asked questions
- What are the primary responsibilities of a Premium Auditor at NEIS, LLC?
- As a Premium Auditor for NEIS, LLC, your main duties will involve conducting insurance premium audits for Workers Compensation, General Liability, and Automobile policies. You will examine policyholder financial records, ensure compliance with regulations and company standards, identify potential fraud, and communicate audit findings to both the insured and the home office. This role requires significant travel to audit locations.
- Is this a remote or hybrid position at ARMstrong Insurance Services?
- This Premium Auditor position is a hybrid role. You will work from home, conducting remote audits 2-3 days per week. The remaining days will involve required daily travel to various audit locations within your assigned territory.
- What education and experience are required for the Premium Auditor role?
- While an Associate’s Degree or equivalent is highly desired, equivalent combinations of education and experience are also considered. Specifically, two years of performing premium audits is preferred. Strong analytical and communication skills, along with PC proficiency, are essential.
- What is the compensation for a Premium Auditor at NEIS, LLC?
- The compensation for this role is set between $44-$46 per billable hour, with weekly pay. NEIS, LLC also offers a comprehensive benefits package, including health, dental, vision, life, and disability coverage, as well as a 401(k) plan with company matching.
- What is the typical travel expectation for this Premium Auditor job?
- The Premium Auditor position requires significant travel. You can expect to travel by car an average of 2-4 days per week within your assigned territory to conduct on-site audits. A valid driver’s license and a satisfactory driving record are mandatory.
- What technologies or software are important for this role?
- Proficiency in general PC use, including Microsoft Excel and Word, is required. While not mandatory, knowledge of 'Visual Audit' software is considered a plus and would be beneficial for this role.
- How does NEIS, LLC handle scheduling for audits?
- NEIS, LLC expects Premium Auditors to prepare schedules that maximize the optimal use of their time. This includes corresponding with insured individuals via phone, email, and mail to effectively set up audit appointments and gather necessary documentation.