Sr. Premium Auditor - State of Connecticut

Position Overview

At Selective, we don't just insure uniquely; we employ uniqueness. As a midsized U.S. domestic property and casualty insurer with nearly 100 years of strong financial performance, we empower our employees to be their true, unique selves. Under limited supervision and working remotely, you will perform audits (both in-person and virtually) on Commercial Line Property/Casualty policies—ensuring accurate earned premiums, appropriate classifications, and exposures in compliance with company, industry, and government standards.

Key Responsibilities

• Manage, schedule, and conduct physical/virtual audits for selected Commercial Lines policies based on auditable exposures. Review business operations, examine financial and business records, evaluate subcontractor operations, verify claims data, and determine premium basis and classification per applicable rules.
• Plan territory and inventory schedules to optimize efficiencies and meet internal and external customer needs. Note that automobile travel within the territory constitutes approximately 70-80% of your time.
• Upon audit completion, promptly notify the underwriting team of any changes in exposures, business operations, products/services, classifications, locations, entities, or new construction.
• Respond to and resolve audit disputes; compile relevant facts, document analysis results, revise audits as needed, and submit amended audits for billing. Resolve test audit disputes for non-NCCI states.
• Develop positive relationships with internal and external customers while providing ongoing technical expertise.
• Utilize automated premium audit work management systems and other tools to achieve established assignment goals.
• Maintain and expand your working knowledge of premium audit technical policies and procedures, demonstrating a strong understanding of the property/casualty insurance business.
• Assist or lead Premium Audit projects, prepare basic technical presentations, and participate in audit training programs for internal and external customers.
• Serve as a resource, trainer, and mentor for Premium Auditors as directed by Premium Audit Supervisors.

Required Qualifications

• Thorough knowledge of insurance, premium audit manuals, handbooks, guides, and related materials.
• Ability to communicate effectively and work independently without direct supervision.
• Proficiency in utilizing computer tools including Microsoft Excel and Internet research applications.
• Physical capability to climb stairs and consistently carry 20 pounds.
• Willingness and ability to travel daily or overnight within the assigned territory.
• Possession of a valid state-issued driver’s license in good standing.
• College degree in Insurance, Accounting, Finance, or a related field is preferred.
• A minimum of 3 years’ experience as a physical Premium Auditor.
• Successful completion of Associate in Premium Auditing 91 (APA 91) and APA 92 is desired.

Benefits & Perks

• Selective Insurance offers a total rewards package including a competitive base salary and incentive plan eligibility at all levels.
• Benefits include comprehensive health care plans, a retirement savings plan with company match, a discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and paid time off.
• Pay Range: USD $79,000.00 - USD $109,000.00 /Yr.