What is an insurance auditor?

Insurance auditors, also known as premium auditors, review business documents and financial records of a company to ensure it is paying the proper amount of insurance premiums, including worker’s compensation and liability insurance. They evaluate tax returns, payroll records, financial statements to determine findings. This career requires a multitude of skills, including data analysis, technical knowledge, and accounting ability. Insurance auditors may work for an insurance company or be an independent contractor. To become an insurance auditor, you need a bachelor’s degree in business administration, accounting, or a related field, and experience with an insurance agency or financial institution.