Premium Auditor / Senior Premium Auditor - Virtual

About the role

The Premium Audit team at Texas Mutual plays a crucial role in ensuring that policyholders are charged the correct workers' compensation premiums. This position involves conducting thorough reviews, interviews, and audits to determine the true earned premium.

Responsibilities

• Determine the policyholder's true earned workers' compensation premium
• Conduct reviews, interviews, and audits on the policyholder’s premises
• Analyze financial reconciliations to ensure they match the policyholder's payroll records
• Determine appropriate job classification codes for policyholder employees
• Reconcile job classification codes with those reported and adjust premium accordingly
• Apply IRS revenue rulings and workers' compensation statutes and rules to determine independent contractor relationships
• Use Texas Basic Manual Rules, Classifications, and Rates for Workers' Compensation to determine proper premium basis
• Communicate information professionally to policyholders, agents, and customers
• Recommend proper accounting procedures to policyholders
• Identify potential premium fraud and refer cases to the Special Investigations Department
• Contribute to the effectiveness of Underwriting and Safety Services by providing relevant information

Qualifications

• Bachelor's degree or equivalent education, training, and experience
• At least two years’ premium audit experience for non-senior roles, and at least four years for senior roles
• Knowledge of underwriting principles and procedures, the NCCI Basic Manual of rules, and Texas labor codes
• Valid Texas driver’s license
• Potential for CPCU or Associate in Premium Audit designation
• Bilingual proficiency in Spanish (would be great to have)

Benefits

Texas Mutual offers a comprehensive benefits package including:

• Annual performance bonus and merit-based pay increases
• Lifestyle Savings Account ($1,000 per year)
• Automatic 4% employer contribution to retirement plan
• 401k plan with 100% employer match up to 6%
• Student loan repayment matching in 401k plan
• Three weeks’ time off for vacation
• Nine paid holidays and two personal days each year
• Day one health, Rx, vision, and dental insurance
• Life and disability insurance
• Flexible Spending Account
• Pet insurance and pet Rx discounts
• Free on-site gym, fitness classes, and health and wellness resources
• Free identity theft protection
• Free student loan repayment and refinancing consultation
• Professional development and tuition reimbursement
• Employee referral bonus
• Free onsite snacks

Pay

The base pay range is based on the market evaluation of the job and may include pay for multiple levels. Individual base pay is determined by a variety of factors, including experience, performance, education, and demonstrated skills and competencies.