Premium Audit Consultant II in Nashville, TN at Accident Fund Holdings, Inc

Date Posted: 9/7/2020

Job Snapshot

Job Description


Responsible for performing telephone and field audits in a multi-functional business unit. Reviews accounting and financial information, as well as, the business operations, to determine appropriate exposures and classifications for policyholders' employees and subcontractors. Provide assistance with training, development, and mentoring of the Premium Audit staff. Participates in Red Carpet visits to agents and policyholders and conducts new business service audits, as necessary.


  • Performs online, telephone, and field audits, within established authority level.
  • Contacts agents to review audit results, prior to invoicing on large accounts.
  • Collects all pertinent data and documents needed to calculate policyholder's premium liability.
  • Interviews policyholders to obtain further information concerning premiums; e.g., payroll and personnel records.
  • Performs physical audits on multi-state accounts, as required.
  • Responsible for providing mentoring to Premium Audit Consultants including ride-a-longs, one-on-one meetings, performance reviews, orientation, and overall consultant development.
  • Communicates completed audit information with contact and ensures results are understood.
  • Reviews policy information by referring to Workers Compensation manuals, class codes, rules and prepares for audit in determining the insured's correct operations.
  • Notifies business units of necessary changes in entities, officers, partners, etc. to ensure that policy is properly endorsed.
  • Perform re-audits when disputes or discrepancies arise on the original audit.
  • May be required to testify in court regarding premium audits.
  • Represent the company at agent meetings to promote corporate products.
  • Responsible for developing and conducting training programs.
  • Maintains confidentiality of information processed.
  • Works with minimum supervision.

This position description identifies the responsibilities and tasks typically associated with the performance of the position. Other relevant essential functions may be required.

Job Requirements



  • Bachelor's degree in accounting, finance, or related field.
  • Combinations of relevant education and experience may be considered in lieu of a degree.
  • Completion of APA designation or significant progress towards or completion of CPCU. 
  • Continuous learning, as defined by the Company's learning philosophy, is required.
  • Certification or progress toward certification is highly preferred and encouraged.


A minimum of five years of relevant premium auditing experience which provides the necessary skills, knowledge, and abilities.


  • Ability to work effectively in a multi-functional business unit.
  • Knowledge of workers' compensation insurance including knowledge of occupational classification codes and rules.
  • Ability to quickly and accurately work with many variables to arrive at premium calculations.
  • Ability to read, analyze, and interpret policy documents, technical and financial information, and procedure manuals.
  • Ability to initiate insurance transactions in compliance with all policies, procedures, legal and ethical guidelines.
  • Ability to perform necessary mathematical computations.
  • Ability and proficiency in the use of computers and company standard software specific to the position.
  • Excellent oral and written communication skills.
  • Effective presentation skills in a variety of settings.
  • Ability to negotiate while establishing a personal rapport and maintaining an effective working and client relationship, both internally and externally.
  • Ability to maintain confidentiality.
  • Ability to manage multiple priorities, establish workflows, and meet necessary deadlines.
  • Ability to work with minimum supervision.
  • Ability to perform other assignments at locations outside the office.


Work is performed in an office environment or in the field with minimal hazards. Travel is required, with occasional overnight stays. Ability to lift and carry computer equipment weighing up to 35 lbs.

The qualifications listed above are intended to represent the minimum education, experience, skills, knowledge, and ability levels associated with performing the duties and responsibilities contained in this job description.

We are an Equal Opportunity Employer. Diversity is valued and we will not tolerate discrimination or harassment in any form. Candidates for the position stated above are hired on an "at-will" basis. Nothing herein is intended to create a contract.


  1. Auditor Jobs
  2. Internal Auditor Jobs