Selective Insurance

Compensation

Full Description

Note: The job is a remote job and is open to candidates in USA. Selective Insurance is a midsized U.S. domestic property and casualty insurance company recognized for its strong financial performance and commitment to employee uniqueness. The Sr. Premium Auditor will conduct audits on Property/Casualty Commercial Line policies, ensuring compliance with regulations while managing customer relationships and providing technical expertise. Responsibilities • Manage, schedule and conduct physical / virtual audits for selected Commercial Lines policies based on auditable exposures. Audit consists of reviewing the insured’s business operations, examining and recording data from financial / business records. Evaluate all subcontractor operations and detail exposures according to manual rules. Verify claims data. Determine and/or develop premium basis and classification. All in accordance with company, industry and government rules and regulations. • Manage and schedule territory and inventory to optimize efficiencies, auditor expectations and meet internal and external customer needs. Responsible for automobile travel within territory traveling to insureds. Car travel represents approximately 70-80% of employee’s time. • Upon audit completion, provide notification to underwriting team of any changes in exposures, business operations, products/services, additional or deleted classifications, locations, entities, new construction, etc. • Respond to and resolve audit disputes and make appropriate changes to revise audits as needed. Compile pertinent facts related to disputes, documents and communicates the results of the analysis, and prepares amended audits and submit for billing. Resolve test audit disputes for non-National Council on Compensation Insurance (NCCI) states. • Maintain a positive customer relationship and develop relationships with internal and external customers to provide ongoing technical expertise. • Utilize automated premium audit work management system, commercial lines automated system and other tools to complete assignments in accordance with established goals. • Develop, apply, and maintain working knowledge of company premium audit technical policies and procedures and demonstrate an understanding of the property/casualty insurance business. • Assist or may lead in Premium Audit projects. Prepare and present basic level technical presentations and participate in premium audit training programs to internal and external customers on a variety of Premium Audit topics and issues. • Serve as a resource, trainer and mentor for Premium Auditors at the direction of the Premium Audit Supervisors. Skills • Remain informed with all insurance manuals, premium audit manuals, handbooks, guides and related materials. • Ability to effectively communicate and work independently without direct supervision. • Demonstrate a proficiency in usage of computer tools including: Microsoft Excel, Internet research applications, etc. • Able to climb stairs and consistently carry 20 pounds. • Must be able to travel to insureds’ offices on a daily basis within the assigned territory, or outside of the assigned territory depending on inventory levels, which may require overnight travel. • Must have valid state-issued driver’s license in good standing. • 3+ years’ experience as a physical Premium Auditor • College degree in Insurance, Accounting, Finance or related field is preferred. • Successful completion of Associate in Premium Auditing 91 (APA 91) and Associate in Premium Auditing 92 (APA 92) is desired. Benefits • Comprehensive health care plans • Retirement savings plan with company match • Discounted Employee Stock Purchase Program • Tuition assistance and reimbursement programs • Paid time off plans Company Overview • At Selective, we maintain a commitment to provide unique insurance solutions that help keep the families and businesses of our communities protected. It was founded in 1926, and is headquartered in Branchville, New Jersey, USA, with a workforce of 1001-5000 employees. Its website is https://www.selective.com/. Company H1B Sponsorship • Selective Insurance has a track record of offering H1B sponsorships, with 22 in 2025, 34 in 2024, 45 in 2023, 30 in 2022, 29 in 2021, 25 in 2020. Please note that this does not guarantee sponsorship for this specific role.