Senior Premium Auditors in the United States tend to have a good amount of experience under their belt — slightly less than three-fifths have more than 10 years in the field. While pay runs from $42K to $98K per year, median earnings come to $64K per year. Geographic location and experience level each impact pay for this group, with the former having the largest influence. A large number claim medical and dental insurance and the larger part get vision coverage. Men make up a slight majority of Senior Premium Auditors (52 percent) who responded to the survey. Senior Premium Auditors largely appreciate their work and find this position highly satisfactory. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$43,286 - $82,434
$43K
$64K
$82K
MEDIAN: $63,684
10%
50%
90%

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$16.48 - $49.13
$16
$30
$49
MEDIAN: $29.50
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$33K$66K$99K
Salary
$43,286 - $82,434  
   
Bonus
$0.00 - $6,301  
Profit Sharing
$2,750  
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).
)
$41,662 - $98,341  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 85
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
$16.48 - $49.13  
   
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$50K$100K$150K
Bonus
$0.00 - $6,301  
   
Profit Sharing
$2,750  
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).
)
$41,662 - $98,341  
Country: United States | Currency: USD | Updated: 18 Jan 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 often transition into Auditing Manager positions, for which compensation tends to be much higher. On average, Auditing Managers earn $84K per year.

Senior Auditor Job Listings

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Popular Skills for Senior Premium Auditor


Just a handful of professional skills are reported by Senior Premium Auditors who took the survey. 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 who know Microsoft Excel also know 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. Average salaries for inexperienced employees average out to around $60K, but folks who have five to 10 years of experience earn a higher median of $64K. Senior Premium Auditors see a median salary of $67K after reaching one to two decades on the job. Veterans who have worked for more than two decades do tend to make the most in the end; the median pay for this group is $72K.

Related Job Salaries

Key Stats for Senior Premium Auditor

Gender

Female
48 %
Male
52 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 9 votes.
034
Less than 1 year
3%
1-4 years
19%
5-9 years
22%
10-19 years
34%
20 years or more
22%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Senior Premium Auditor Salaries



National Average
$65,000



Skills That Affect Senior Premium Auditor Salaries

Microsoft Excel
0%

National Average
$65,000




Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 9 votes.

Gender

Female
48 %
Male
52 %

Years of Experience

Less than 1 year
3%
1-4 years
19%
5-9 years
22%
10-19 years
34%
20 years or more
22%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 85%
vision benefits
Vision: 66%
dental benefits
None: 10%
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