Senior Premium Auditor Salary

The majority of Senior Premium Auditors in the United States — over one-half — boast more than 10 years of experience in their profession. Salaries stretch from $43K to $96K per year, and the median is $63K annually. Geography is the biggest factor affecting pay for this group, followed by years of experience. Medical and dental benefits are awarded to most, and the larger part earn vision coverage. Women make up a slight majority of Senior Premium Auditors (51 percent) survey respondents. This field is filled with high levels of job satisfaction; most Senior Premium Auditors are happy with their jobs.

$43,688 - $81,219
$44K
$63K
$81K
MEDIAN: $63,280
10%
50%
90%

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$11.85 - $49.40
$12
$32
$49
MEDIAN: $32.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$32K$64K$96K
Salary
$43,688 - $81,219  
   
Bonus
$195.74 - $6,351  
Profit Sharing
$3,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$42,719 - $95,938  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 87
© PayScale, Inc. @ www.payscale.com
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$17$34$51
Hourly Rate
$11.85 - $49.40  
   
Overtime
$48.00  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$195.74 - $6,351  
   
Profit Sharing
$3,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$42,719 - $95,938  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 13
© PayScale, Inc. @ www.payscale.com

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Senior Premium Auditor

Senior premium auditors typically work in the insurance industry performing insurance premium audits. Tasks performed by senior premium auditors include planning and conducting audits, preparing relevant reports for clients, and resolving audit discrepancies as required. They may have to train, coach and/or monitor new and junior premium auditors, and they need to ensure that all of the audits conducted meet company guidelines.

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Senior Premium Auditor Tasks

  • Analyze financial data to insure efficiency, accuracy, and compliance with relevant laws and standards, as well as to find instances of accounting deficiencies and/or fraud.
  • Oversee, guide, and mentor junior auditors.
  • Develop risk appraisal guidelines and audit paperwork templates.
  • Plan and conduct audits, prepare reports on a monthly or yearly basis for clients, and take point as the lead reviewer.

Common Career Paths for Senior Premium Auditor


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Advancing into an Auditing Manager role seems to be a popular career move for Senior Premium Auditors, and folks who currently work in the latter position report a notably larger median income of $84K per year.

Senior Auditor Job Listings

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Popular Skills for Senior Premium Auditor


Senior Premium Auditors usually report a few specific skills. Most notably, skills in Microsoft Excel, Windows Operating System General Use, Microsoft Word, and Microsoft Office are correlated to pay that is above average. Skills that seem to negatively impact pay include Microsoft Office, Microsoft Word, and Windows Operating System General Use. Those proficient in Microsoft Excel are, more often than not, also skilled in Microsoft Office.

Pay by Experience Level for Senior Premium Auditor

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Experience and pay tend to be weakly linked for Senior Premium Auditors — those with more experience do not necessarily bring in higher earnings. Relatively untried employees who have fewer than five years of experience earn around $60K on average. People who have worked for five to 10 years can expect a higher median salary of $64K. Senior Premium Auditors with one to two decades of relevant experience report an average salary of approximately $67K. In the end, the overall pattern seems to be that more experience generally corresponds to higher pay; a Senior Premium Auditor with more than 20 years of experience can earn $72K on average.

Related Job Salaries

Key Stats for Senior Premium Auditor

Gender

Female
51 %
Male
49 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 6 votes.
Less than 1 year
3%
1-4 years
18%
5-9 years
24%
10-19 years
34%
20 years or more
21%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Senior Premium Auditor Salaries

▲11%

▲3%

National Average
$65,000

▼2%

▼7%

Skills That Affect Senior Premium Auditor Salaries

National Average
$65,000





Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 6 votes.

Gender

Female
51 %
Male
49 %

Years of Experience

Less than 1 year
3%
1-4 years
18%
5-9 years
24%
10-19 years
34%
20 years or more
21%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 85%
vision benefits
Vision: 65%
dental benefits
None: 9%
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