What are the responsibilities and job description for the Audit Trainee position at Michigan Millers?
Who we are:
Michigan Millers Mutual Insurance Company is a mutual insurance company, rated A (Excellent) by A.M. Best, with over 140 years of experience serving policyholders' property-and-casualty insurance needs across multiple regions in the United States. Michigan Millers believes in striving for growth without sacrifice. We know that our culture creates and cultivates happy and dedicated employees, which we believe gives us the ability to deliver the highest level of customer service.
At Michigan Millers our core values, Team - Customers - Results, are incorporated into all that we do. Our workplace culture encourages employees to seek out learning opportunities and to strive for growth and development in the insurance industry.
We understand the importance of a positive work community and a healthy workplace environment when striving for organizational success. Our emphasis on internal growth and maintaining healthy team relationships translate into external growth and building sustainable customer relationships.
Does this opportunity interest you?
Michigan Millers is seeking an Audit Trainee to join our team in our Lansing office!
The individual in this role will develop the skills necessary to establish appropriate Property and Casualty classifications, exposures, and basis of premium for both Commercial and Specialty Lines of business.
Responsibilities of an Audit Trainee include:
- Conduct audits of selected Commercial or Specialty Lines adjustable policies, ensuring proper risk classification and exposure. This may include reviewing the insured's business operation, including examining, verifying, and recording pertinent classification-related data from financial/business records.
- Update underwriting with any operational, classification, and/or large exposure changes or any facts that may affect the insurability of an account. Work closely with underwriting, claims, and loss control staff to share information and analyze and summarize findings.
- Keep up to date on changes and current information relative to premium auditing through industry-related literature. Research, identify, and communicate industry, regulatory, and legal changes including best practices and process improvements.
- Perform special projects and other duties as assigned.
What is a must-have?
- Ability to follow processes with strong attention to detail
- Ability to handle various assignments
- Ability to negotiate and build relationships
- Time management skills with the ability to meet deadlines
- Ability to interpret and apply auditing rules and regulations per Company and Bureau guidelines
- Valid driver's license with a good driving record
- Bachelor's degree; experience in lieu of degree acceptable
Preferred Skills
- Prior Premium Auditing Experience
- Knowledge of industry practices, standards, and underwriting concepts
Compensation Overview:
The base pay offered may vary depending on the job-related knowledge, skills, credentials, and experience of each candidate as well as other factors such as the scope and location of the role.
Michigan Millers offers full-time employees a significant Total Rewards Package, including:
- Medical insurance options and other standard employee benefits, including dental insurance, vision benefits, life insurance, and more!
- Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA)
- 401(k) Plan (plus company match)
- Time Off - including vacation, volunteer, and holiday pay
- Paid Parental Leave
- Bonus opportunities
- Tuition assistance
- Wellness Program - including an onsite fitness studio
Michigan Millers believes in supporting the balance between work and life by providing a flexible work environment, which includes a variety of hybrid work arrangements designed to balance individual, job, department, and company needs.
**Michigan Millers Insurance is an equal-opportunity employer. All qualified applicants will receive consideration for employment.
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