The majority of Senior Premium Auditors in the United States — about three in five — boast more than 10 years of experience in their profession. Salaries stretch from $40K to $98K per year, and the median is $64K per year. Residence and years of experience each impact pay for this group, with the former having the largest influence. Women are just slightly outnumbered, with male Senior Premium Auditors making up 55 percent of survey respondents. A large number claim medical and dental insurance and the greater part get vision coverage. The majority of Senior Premium Auditors claim high levels of job satisfaction. Participants in PayScale's salary questionnaire provided the particulars of this report.

$40,620 - $82,865
(Median)
$41K
$64K
$83K
MEDIAN: $63,876
10%
50%
90%

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$16.48 - $49.13
(Median)
$16
$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$33K$66K$99K
Salary
$40,620 - $82,865  
   
Bonus
$0.00 - $6,326  
Profit Sharing
$2,575  
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).
)
$40,219 - $98,475  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 83
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 - $6,326  
   
Profit Sharing
$2,575  
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).
)
$40,219 - $98,475  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 15
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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

  • 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.
  • 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.

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 only report a few specific skills. Most notably, skills in Microsoft Excel, Microsoft Word, Microsoft Office, and Windows Operating System General Use are correlated to pay that is above average. Most people skilled in Microsoft Excel are similarly competent in Microsoft Office.

Pay by Experience Level for Senior Premium Auditor

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


Senior Premium Auditors with a lot of experience do not necessarily enjoy more money. People who have worked for fewer than five years bring home $59K on average. Median compensation in the five-to-10 year group, however, is higher at approximately $64K. After working for 10 to 20 years, Senior Premium Auditors make a median salary of $67K. In the end, more experience does seem to mean larger paychecks; seasoned Senior Premium Auditors with more than 20 years of experience earn a predictably higher median salary of $72K.

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Experience Affects Senior Premium Auditor Salaries



National Average
$65,000



Skills That Affect Senior Premium Auditor Salaries

Microsoft Excel
up arrow 1%

National Average
$65,000

Microsoft Word
up arrow 1%

Microsoft Office
up arrow 3%

Windows Operating System General Use
up arrow 3%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 11 votes.

Gender

Female
45 %
Male
55 %

Years of Experience

Less than 1 year
3%
1-4 years
21%
5-9 years
16%
10-19 years
36%
20 years or more
23%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 88%
medical benefits
Vision: 69%
dental benefits
None: 9%
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