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Work Comp Premium Auditor

Company: SIF, Idaho Workers' Compensation
Location: Idaho Falls
Posted on: June 23, 2022

Job Description:

The State Insurance Fund (SIF) is Idaho's leading workers compensation insurance provider. Since our inception in 1917, SIF has been dedicated to Idaho businesses and their injured workers. Our employees are the face of SIF and crucial to providing exceptional customer service. The majority of our policyholders are small businesses that are the backbone of Idaho's economy. We are proud to offer services to help protect their employees and support their financial strength. Passionate about customer service? As a Premium Auditor, you will use your exceptional communication skills to collaborate with policyholders, agents, and internal teams as you conduct workers compensation premium audits for Idaho businesses in Idaho Falls and the surrounding area. Additionally, you will review and update risk exposure, as well as assist policyholders with their inquiries regarding premium audits.You will be responsible for:

  • Performing field audits of policyholder payroll records, other related documents, and systems as required to facilitate adjustment of premium within the policy contract, Idaho law, and applicable NCCI (National Council on Compensation Insurance) rules and regulations.
  • Establishing and maintaining professional customer service relationships with policyholders, their representatives, and insurance agents.
  • Reviewing policyholder operations to include business ownership, change of exposure, claims, NCCI classifications, and potential work site hazards.
  • Conducting in-depth interviews with policyholders and agents relating to audit results.
  • Providing comprehensive written audit reports within established timeframes and audit standards.
  • Reviewing completed audits for compliance to standards, rules, and regulations.
  • Communicating policyholder exposure issues with appropriate SIF departments.
  • Maintaining knowledge of current industry changes and trends that include NCCI, Idaho Code, legal decisions, and SIF standards. Your qualifications should include:
    • Bachelor's Degree in business, accounting, finance, economics, or a related discipline, or an equivalent combination of education and experience.
    • Excellent oral and written communication skills, with the ability to write reports in a clear and concise manner. Business writing experience helpful.
    • Proficiency in interpreting insurance laws and insurance policy contracts.
    • Some knowledge of NCCI rules and regulations and Idaho law as it applies to workers compensation insurance.
    • Experience conducting in-depth interviews to elicit sensitive and confidential information.
    • Knowledge of business financial, accounting, and/or payroll processes.
    • Experience in accurately performing mathematical calculations including calculations using decimals, fractions, and percentages.
    • Proficient in use of payroll software systems and Microsoft Office suite of software products.
    • Self-directed in managing your time and completing work assignments within specified timeframes.
    • Must possess a valid Idaho driver's license and a reliable source of transportation.
    • Ability to travel approximately 80% of the time throughout Idaho Falls and the surrounding area is required.What you can expect!
      • A fun, collaborative culture
      • Work-life balance
      • Professional development opportunities that are more than just "talked about", they actually happen!
      • Competitive salary
      • Generous paid time off
      • Amazing insurance benefits package
      • Retirement benefits that rock - membership in PERSI (pension plan) as well as retirement savings options via 401(k) and 457 plansIn addition to a great working environment and a strong focus on work-life integration, SIF offers a competitive salary and an amazing comprehensive benefits package.SIF values diversity and we are an equal opportunity employer. Please note that applicants need to have legal authority to work permanently in the U.S.

Keywords: SIF, Idaho Workers' Compensation, Idaho Falls , Work Comp Premium Auditor, Accounting, Auditing , Idaho Falls, Idaho

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