Senior Premium Auditor Salary

Just below three-fifths of Senior Premium Auditors in the United States have been in the field for more than 10 years. Pay can fall anywhere from $42K to $91K per year, but median earnings come to around $63K annually. Residence is the biggest factor affecting pay for this group, followed by years of experience. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 52 percent. Most workers in this position report high levels of job satisfaction. Most claim medical and dental insurance and the greater part get vision coverage. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$44,281 - $80,711
$44K
$63K
$81K
MEDIAN: $62,640
10%
50%
90%

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$14.54 - $47.84
$15
$32
$48
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$31K$62K$93K
Salary
$44,281 - $80,711  
   
Bonus
$193.92 - $6,375  
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).
)
$42,140 - $90,867  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 92
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$16$32$48
Hourly Rate
$14.54 - $47.84  
   
Overtime
$47.17  
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$32K$64K$96K
Bonus
$193.92 - $6,375  
   
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).
)
$42,140 - $90,867  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 15

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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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Senior Premium Auditors might see a strong upturn in salary after transitioning into upper-level roles such as Auditing Manager, a seemingly popular career choice. People currently working in the latter position report a noticeably higher median income of $84K per year.

Senior Auditor Job Listings

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Popular Skills for Senior Premium Auditor


Job skills reported by Senior Premium Auditors are limited. Most notably, skills in Microsoft Excel, Windows Operating System General Use, Microsoft Word, and Microsoft Office are correlated to pay that is above average. At the other end of the pay range are skills like Microsoft Office. Most people experienced in Microsoft Excel also know Microsoft Office.

Pay by Experience Level for Senior Premium Auditor

Pay by Experience for a Senior Premium Auditor has a positive trend. An entry-level Senior Premium Auditor with less than 5 years of experience can expect to earn an average total compensation of $60,000 based on 36 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior Premium Auditor with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $64,000 based on 36 salaries. An experienced Senior Premium Auditor which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $67,000 based on 41 salaries. A Senior Premium Auditor with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $72,000 based on 21 salaries.

Related Job Salaries

Key Stats for Senior Premium Auditor

Gender

Female
52 %
Male
48 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 8 votes.
Less than 1 year
3%
1-4 years
19%
5-9 years
21%
10-19 years
33%
20 years or more
24%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Senior Premium Auditor Salaries

▲12%

▲4%

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 8 votes.

Gender

Female
52 %
Male
48 %

Years of Experience

Less than 1 year
3%
1-4 years
19%
5-9 years
21%
10-19 years
33%
20 years or more
24%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 86%
vision benefits
Vision: 68%
no benefits
None: 8%
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