Premium Audit Specialist

Penn National Insurance
Harrisburg area and Northern Maryland

The Premium Audit Specialist is responsible for the timely and accurate examination and verification of financial records of insureds to determine the correct premium basis amounts for insurance premium charges, in compliance with insurance regulatory requirements, test audits, and quality control audits.




Analyze and evaluate an insured’s financial records to ensure proper recording of payrolls, receipts and other premium bases as they apply to insurance classifications and charges.


Plan, organize and schedule audit assignments to be completed in a timely manner to maximize travel and client on-site time efficiency.


Schedule and complete audits based on company turn-around time requirements.


Gather information relative to the insured’s operation to determine the nature of the entity and applicable insurance coverages.


Actively communicate with underwriting personnel and/or Premium Audit Supervisor when any unusual matters or changes in insured’s operations or financial conditions are identified. 


Provide explanation/instruction to insureds as necessary for proper record keeping of insurance exposures, rule applicability and classification of employees.


Organize independent judgment (based on interpretation of insurance manual/rules and their applicability to varied and often unique business operations.).


Utilize discretion, professionalism, ethical conduct, impartiality and confidentiality while working with insured’s and regarding their financial records. 





Bachelor’s Degree required, preferably in an Accounting or Business Major; or significant relevant experience in a premium audit or accounting position within the property / casualty insurance industry.


Continuing education in insurance and premium audit courses, such as APA, CPCU preferred.




Minimum of 1 year of experience in property/casualty insurance premium auditing.


Must possess an in-depth understanding of accounting principles and bookkeeping concepts.


Must possess thorough knowledge of insurance coverages and classifications, with working knowledge of Workers’ Compensation and ISO General Liability rules, manuals and industry practices.


Excellent interpersonal skills.


Excellent oral and written communication skills.


Good planning and organizational skills.


Good time management skills.


Demonstrated practical understanding of a variety of business operations and job functions.


Demonstrated analytical skills and attention to detail.


Good PC skills with a focus on Microsoft Office Suite.


Must be able to work independently, with minimal supervision.


JOB REQUIREMENTS (as required by ADA)


Must be able to operate a computer keyboard, applicable printers and other general office equipment.


Specific vision abilities include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus.


Must be able to interpret and apply concepts based on established guidelines.


Must be able to access and enter information accurately, using automated systems.


Must be able to reach with arms and hands.


This position requires a combination of sitting, standing, walking, bending over, and climbing stairs throughout the day.


Must have a valid driver’s license, acceptable MVR and be able to operate a motor vehicle.


Must be able to travel, with some over-night stays possible.


Must be able to maintain acceptable attendance and adhere to scheduled work hours.


Salary Range:

Minimum: $55,767.58

Maximum: $83,651.37