Premium Auditor

About Us We’re not like other insurance companies. From our specialty products to our business model, our culture to our results — we’re different. Different is who we are, and how we work, interact, deliver and succeed together. Creating a different and better insurance experience doesn’t just happen. It takes focus and a shared passion for going beyond the expected to forge relationships and deliver care that makes a difference. This approach rises from and is supported by our talented, ethical and smart team of employee owners united around a single purpose: to work alongside our customers and partners when they need us, in unexpected ways, with exceptional results. Apply today to make a difference with us. 

RLI is a Glassdoor Best Places to Work company with a strong, successful background. For decades, our financial track record has been stellar — a testament to our culture and validation of our reputation as an excellent underwriting company. Our insurance subsidiaries are rated A+ “Superior” by AM Best company and A “Strong” by Standard & Poor’s. Check out our strong financial track record here.

Position PurposeUnder general management, engages in audit analyses for commercial line policies. Reviews relevant policyholder records to identify and communicate risk exposures and ensure appropriate premiums are charged. Responsible for scheduling audits, conducting reviews, and providing a summary of results to underwriting, producers, and policyholders. Responsible for overall audit results and reports to management.Principal Duties & Responsibilities

• Engages in premium audit analyses to ensure proper premiums are being charged.
• Audits relevant policyholder records, including financial statements, payroll records, and accounting records.
• Gathers data to determine actual earned exposures for workers' compensation, general liability, and excess liability policies.
• Contacts underwriters or producers to reconcile discrepancies between audit information and policy statement.
• Performs other duties as assigned.

Education & Experience

• Typically requires a bachelor’s degree in accounting, finance, business administration, or a related field
• 2+ years of related experience
• [OR] equivalent level of education and experience

Knowledge, Skills, & Competencies

• Ability to examine and process large quantities of financial records to determine proper policy exposures. 
• Ability to effectively manage relationships with underwriters, producers, and policyholders.
• Ability to use spreadsheet software to summarize and analyze large amounts of policyholder data.
• Ability to analyze and improve workflow, process and procedures.
• Ability to communicate audit process with insureds from a nontechnical perspective.

The starting base pay for this position is dependent on a variety of non-discriminatory factors, including but not limited to relevant skills, experience, education, specialty, and internal equity. The base pay range for this position, based on expected work location and job level is:$53,326.00 - $84,667.00

Personal & Professional GrowthRLI encourages its employees to pursue professional development work in insurance and job-related areas. We make a commitment to employees to provide educational opportunities that help them enhance their skills and further their career advancement. RLI fosters a true learning culture and encourages professional growth through insurance courses, in-house training and other educational programs. RLI covers the cost for most programs and employees typically earn a bonus upon successful completion of approved courses and certifications. Our personal and professional growth benefits include:

• Nationwide employment opportunities
• Training & certification opportunities
• Tuition reimbursement
• Education bonuses

Diversity & InclusionOur goal is to attract, develop and retain the best employee talent from diverse backgrounds while promoting an environment where all viewpoints are valued and individuals feel respected, are treated fairly, and have an opportunity to excel in their chosen careers. We actively support, and participate in, initiatives led by the American Property Casualty Insurance Association that aim to increase diversity in the insurance industry. Cultivating an exceptional and diverse workforce to deliver excellent customer service reinforces our culture and is a key to achieving superior business results.

RLI is an equal opportunity employer and does not discriminate in hiring or employment on the basis of race, color, religion, national origin, citizenship, gender, marital status, sexual orientation, age, disability, veteran status, or any other characteristic protected by federal, state, or local law.

Total RewardsAt RLI, we're all owners. We hire the best and the brightest employees and allow them to share in the company's success through our Total Rewards. With the Employee Stock Ownership plan at its core, the Total Rewards program includes all compensation, benefits and perks that come with being an RLI employee.

Financial Incentives

• Employee stock ownership plan (ESOP)
• 401(k) — automatic 3% company contribution
• Annual discretionary 401k and ESOP profit-sharing contribution (up to 15% of base salary)
• Annual bonus plans

Work & Life

• Paid time off (PTO) and holidays
• Paid volunteer time off (VTO) to support our communities
• Parental and family care leave
• Flexible & hybrid work arrangements
• Fitness center discounts and free virtual fitness platform
• Employee assistance program

Health & Wellness

• Comprehensive medical, dental and vision benefits
• Flexible spending and health savings accounts
• 2x Base Salary for Group Life and AD&D insurance
• Voluntary life insurance for purchase
• Critical Illness & Accident insurance
• Short-term and long-term disability benefits