Premium Audit Analyst I

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Portland, ME, USA
In-Office
Insurance
The Role

The Premium Audit Analyst I is responsible for reviewing and processing premium audits and for 
interpreting results for application to current policies. Responsible for a detailed review of 
audits to ensure accuracy and compliance with National Council of Compensation Insurance (NCCI) & 
State guidelines.

Principal Duties and Responsibilities

* Reviews audits to ensure accuracy and compliance with NCCI and state guidelines.

* Provides customer service to auditors, agents, insureds and internal business partners.

* Researches state guidelines for audit processing to ensure that audits are completed 
appropriately and within statutory requirements.

* Researches and reports any abuses in claims or premium.

* Assists Premium Audit Assistant when needed.

Minimum Knowledge, Skills and Abilities

* One year of audit or accounting experience preferred.
* Must be able to work and succeed in a team-oriented environment.
* Proficient in Microsoft Word and Excel.

* Must have strong organization skills and attention to detail.
* Strong verbal and written communication skills a must.

Our comprehensive benefits package includes all traditional offerings such as:

  • Health Insurance options, Dental Insurance options and Vision Insurance
  • Employee Life Insurance/AD&D and Dependent Life Insurance options
  • Short-term & Long-term Disability
  • Health Savings Account with potential employer match
  • Flexible Medical and Dependent Care Account
  • Accident Insurance
  • Critical Illness Insurance
  • Employee Assistance Program
  • Legal/Identify Theft Insurance options
  • Long Term Care Insurance
  • Pet Insurance
  • 401 (k) Retirement Plan with match up to 5%, plus profit sharing & discretionary contributions (subject to vesting)
  • 4 weeks of Paid Time Off (PTO)
  • 11 paid holidays

We also offer other benefits to help foster a healthy, balance lifestyle such as:

  • Flextime schedules
  • Paid Parental Leave
  • Student loan paydown and refinancing assistance
  • Educational assistance for job related courses, seminars, certifications or degrees
  • One paid day every year to volunteer for your non-profit of choice
  • On-site fitness center (Maine only) or fitness reimbursement
  • Subsidized parking
  • Sit-Stand desks & daily stretch breaks



MEMIC is committed to a policy of nondiscrimination and equal opportunity for all employees and qualified applicants without regard to race, color, religious creed, national origin, ancestry, age, disability, genetics, gender identity, veteran's status, sexual orientation, or any other characteristic protected by law. MEMIC is an equal opportunity employer encouraging diversity in the workplace. 

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The Company
HQ: Portland, ME
459 Employees
Year Founded: 1993

What We Do

A super-regional workers’ compensation specialty insurer rated “A” (Excellent) by A.M. Best, The MEMIC Group insures more than 20,000 employers and their estimated 300,000 employees. Licensed across the country with more than $1.4 billion in assets, The MEMIC Group is a leading carrier in the Northeast with a growing profile down the Eastern Seaboard. Offices are located in New Hampshire, Connecticut, New York, New Jersey, Pennsylvania, Virginia and Florida, in addition to the headquarters in Portland, Maine. In 2018, The MEMIC Group will have written more than $400 million in premium, a growth of more than 5.5% from 2017 and part of a 70% increase over the past 5 years.

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