AmTrust Financial Services

Premium Audit Specialist



Premium auditing is an insurance industry, focusing on premiums, or the price a consumer pays for insurance coverage.

A premium auditor will Investigate, examine, and reports on financial and operational analyzing characteristics to detect any possible fraud and to make sure laws and regulations are being followed so that the audit is completely as accurately as possible.



Responsibilities include the following:

Reviews company records to document and verify classification, operations, locations, and ownership of each named insured.

Investigates and verifies the premium base exposures according to policy contract terms, manual rules, company filings, and procedures.

Provides a written summary of audit information for processors to use to process the audit.

Complies with state regulations and company guidelines, and maintains working knowledge of all insurance manuals, premium audit manuals, and related material. Consistently remaining current on premium audit related rules and information.

Resolves audited earned premium discrepancies with insureds, agents, underwriting, and collections vendors.

Communicate with insureds and agents through written correspondence and telephone calls to gather information that could be needed for the completion of an audit.

Completing and transmitting audits in a timely manner, a daily quote is required to be met

Make referrals to underwriting on pertinent information found during the review process



Education and Experience:

Bachelor's degree (B. A.) from four-year College or university; or one to two years related experience and/or training; or equivalent combination. Background in General Liability Insurance Auditing preferred.



About AmTrust Financial Services


AmTrust Financial Services, Inc. was founded in 1998 to provide property and casualty insurance to small businesses. Through acquisitions and organic growth, AmTrust Financial Services has since grown to become a multinational property and casualty insurer specializing in coverage for small to mid-sized businesses. Our financial stability is based upon a philosophy of niche diversity with a focus on low-hazard risk.

Since its inception, AmTrust has crafted a balanced portfolio of insurance products including:

  • Multiline Small Business Insurance
  • Warranty and Specialty Risk Insurance
  • Specialty Program Business Insurance

In November 2006, the company became publicly traded on the NASDAQ Global Market under the symbol AFSI. With extensive underwriting experience and a prestigious "A" (Excellent) Financial Size "XI" rating from A.M. Best, AmTrust has earned a reputation as an innovative, technology driven provider of insurance products. Our commitment to excellence is the common thread connecting each of our businesses.