Location: Lansing,MI, USA
Description
Who we are:
Michigan Millers Mutual Insurance Company, an affiliate of Western National Mutual Insurance, is a mutual insurance company, rated A (Excellent) by A.M. Best, with over 140 years of experience serving policyholders' property-and-casualty insurance needs across multiple regions in the United States. We believe in striving for growth without sacrifice and know that our culture creates and cultivates happy and dedicated employees, which we believe gives us the ability to deliver the highest level of customer service.
The core values for Michigan Millers and Western National Insurance, Connectiveness - Accountability - Empowerment are incorporated into all that we do. Our workplace culture encourages employees to seek out learning opportunities and to strive for growth and development in the insurance industry.
We understand the importance of a positive work community and a healthy workplace environment when striving for organizational success. Our emphasis on internal growth and maintaining healthy team relationships translates into external growth and building sustainable customer relationships.
Does this opportunity interest you?
Michigan Millers is seeking a Premium Auditor to join our team in our Lansing office!
The individual in this role will establish appropriate Property/Casualty Commercial Lines classifications, exposures, and basis of premium.
Responsibilities of a Premium Auditor include:
* Conduct audits of selected Commercial Lines adjustable policies, ensuring proper risk classification and exposure. This may include reviewing the insured's business operation, including examining, verifying, and recording pertinent classification-related data from financial/business records.
* Examine reported state test audit differences, identify the audit discrepancies, and respond to test audit inquiries within established due dates.
* Update underwriting with any operational, classification and/or large exposure changes or any facts that may affect the insurability of an account. Work closely with underwriting, claims, and loss control staff to share information and to analyze and summarize findings.
* Keep up to date on changes and current information relative to premium auditing through industry-related literature. Research, identify, and communicate industry, regulatory, and legal changes including best practices and process improvements.
* Review completed monthly interim audits completed by Audit Associate for accuracy.
* Assist Audit Associate with questions from brokers and policyholders with questions concerning completed audits and audit billings.
* Perform special projects and other duties as assigned.
Requirements
What is a must-have?
* Ability to follow process and attention to details
* Knowledge of industry practices, standard and underwriting concepts
* Effective oral and written communication skills
* Able to multitask and solve basic problems
* Flexibility to handle various assignments
* Ability to interpret and apply auditing rules and regulations per Company and Bureau guidelines
* Valid driver's license with good driving record
* Bachelor's degree in Insurance or Finance; experience in lieu of degree acceptable
Preferred Skills
* Prior Premium Auditing experience
* Visual Audit system experience/knowledge
Compensation Overview:
The targeted hiring range for this role is $55,000 - 65,000. However, the base pay offered may vary depending on the job-related knowledge, skills, credentials, and experience of each candidate as well as other factors such as the scope and location of the role. Candidates looking for compensation outside of the posted range are encouraged to apply and will be considered based on their individual qualifications and/or may be considered for other positions.
Michigan Millers offers full-time employees a significant Total Rewards Package, including:
* Medical insurance options and other standard employee benefits, including dental insurance, vision benefits, life insurance, and more!
* Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA)
* 401(k) Plan (plus company match)
* Time Off - including vacation, volunteer, and holiday pay
* Paid Parental Leave
* Bonus opportunities
* Tuition assistance
* Wellness Program - including an onsite fitness studio
Michigan Millers believes in supporting the balance between work and life by providing a flexible work environment, which includes a variety of hybrid work arrangements designed to balance individual, job, department, and company needs.
Michigan Millers provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
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