Audit Salary at Amfed BETA

How much does an Amfed Audit make?

As of March 2025, the average annual salary for an Audit at Amfed is $115,459, which translates to approximately $56 per hour. Salaries for Audit at Amfed typically range from $105,596 to $127,422, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Website:
amfed.com
Size:
25 - 50 Employees
Revenue:
$10M - $50M
Industry:
Insurance

AmFed is a Mississippi-domiciled insurance carrier that was established in 1993 and offers a broad spectrum of workers' compensation insurance products and services, including Third Party Administration for self-insureds. The company was founded to provide solutions to workers' compensation issues in Mississippi and has expanded its footprint to include 14 other states in the Southeast. AmFed's mission is to deliver superior quality services, unparalleled customer service, a wealth of in-house expertise and family values that guide them to do the right thing for their clients, all of the time. AmFed is a wholly owned subsidiary of Ascot Group, a global specialty (re)insurance group.

See similar companies related to Amfed

What Skills Does a person Need at Amfed?

At Amfed, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
  2. Front office: The front office represents the customer-facing division of a firm. For example, customer service, sales, and industry experts who provide advisory services are considered part of a firm's front office operations.
  3. Guest Service: Guest services is a division of the hospitality industry. The goal of guest services is to provide customers with an enjoyable experience, primarily in the hotel and spa industry, sports facilities, and event venues.
  4. Auditing: Auditing refers to the independent examination of financial information of any entity whether profit oriented or not. It is a safeguard measure that prevents corruption.
  5. Internal Audit: Internal auditing is an independent, objective assurance and consulting activity designed to add value to and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes. Internal auditing achieves this by providing insight and recommendations based on analyses and assessments of data and business processes. With commitment to integrity and accountability, internal auditing provides value to governing bodies and senior management as an objective source of independent advice. Professionals called internal auditors are employed by organizations to perform the internal auditing activity. The scope of internal auditing within an organization is broad and may involve topics such as an organization's governance, risk management and management controls over: efficiency/effectiveness of operations (including safeguarding of assets), the reliability of financial and management reporting, and compliance with laws and regulations. Internal auditing may also involve conducting proactive fraud audits to identify potentially fraudulent acts; participating in fraud investigations under the direction of fraud investigation professionals, and conducting post investigation fraud audits to identify control breakdowns and establish financial loss.

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Check more jobs information at Amfed

Job Title Average Amfed Salary Hourly Rate
2 Claims Adjuster $55,789 $27
3 Claims Specialist $73,547 $35
4 Claims Specialist II $53,036 $25
5 Director, Accounting $151,149 $73
6 Director, Business Development $161,234 $78
7 Manager, Claims $99,613 $48
8 Manager, Underwriting $104,272 $50
9 Production Underwriter $74,314 $36
10 Supervisor, Claims $76,672 $37
11 Utilization Management Nurse $65,422 $31
12 Vice President, Underwriting $242,353 $117

Hourly Pay at Amfed

The average hourly pay at Amfed for an Audit is $56 per hour. The location, department, and job description all have an impact on the typical compensation for Amfed positions. The pay range and total remuneration for the job title are shown in the table below. Amfed may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $115,459 look to you?

FAQ about Salary and Jobs at Amfed

1. How much does Amfed pay per hour?
The average hourly pay is $56. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Amfed?
According to the data, the highest approximate salary is about $127,422 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Amfed?
According to the data, the lowest estimated salary is about $105,596 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.