Mitsui Jobs

Premium Auditor

Mitsui Sumitomo Marine Management (U.S.A.), Inc. | Warren, New Jersey | 6/11/2018

Mitsui Sumitomo Insurance Group (MSIG) is one of the world’s top ten property/casualty insurance carriers with over 38,000 employees worldwide. MSIG insures large multinational and domestic companies, and offers comprehensive global insurance programs.  Our US subsidiary, Mitsui Sumitomo Marine Management (MSMM), currently has an opportunity available for a Premium Auditor position in our Warren, NJ office.

Summary: The Premium Auditor responsibilities include performing comprehensive Workers’ Compensation, Package Liability and Excess Liability audits (in-house) of policyholder records.  The Premium Auditor is responsible to review and quality check premium audits performed internally and externally as well as rating audits to ensure accurate calculations for audit premiums.

Essential Duties and Responsibilities include the following. Other duties may be assigned. 

  • Oversee the voluntary audit function including distributing audit requests, tracking progress reports, and final compilation of audit results.
  • Act as a primary reviewer for vendor audits by ensuring audit accuracy. This includes class code verification, vendor recommendations, state exceptions and premium basis analysis. Functions as a secondary reviewer for vendor completed primary reviews.
  • Reviewing rating output on final audits for accuracy.
  • Rating Workers’ Compensation and General Liability Audits to ensure accurate calculations for audit premiums. Responsible for departmental flow of operation including posting, reviewing and distributing audits, rating and verifying WINS postings daily and reconciling open items. Preparation and WINS entry of manual audits.
  • Sorting and preparation of audit spreadsheets for audits handled internally
  • Review and resolution of disputes.
  • Supports audit team with state test audits, audit build/assignment process, and department mailbox maintenance.

Supervisory Responsibilities                                                     

This job has no supervisory responsibilities.

Education and/or Experience                                                    

High School Diploma required, Associates or Bachelor’s degree preferred with a strong preference for business, finance or accounting degree (some accounting courses would be a plus.)  3+ years of Premium Audit experience required.

Certificates, Licenses, Registrations

Successful Completion of APA 91-Principles of Premium Auditing Examination and APA 92 Premium Auditing Applications preferred. If not achieved at the time of hire, the APA 91 must be successfully completed within 1 year of hire, and the APA 92 within 2 years of hire.



Career Level
Warren, New Jersey
Competitive salary offered - plus 401k and benefits!

Premium Audit
Experienced (Non-Manager)

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