Workers Compensation Auditor/Underwriter

The North Carolina League of Municipalities (NCLM) is seeking a Workers' Compensation Auditor/Underwriter. This position is part of the Risk Management and Underwriting team and is responsible for evaluating, assessing, and managing risks associated with workers' compensation insurance coverage for members of the Insurance Trust. The purpose of this position is to analyze payroll records, classification codes, financial information, loss experience, and operational exposures to ensure accurate premium development, sound underwriting decisions, and sustainable business growth. This position works closely with members, agents, brokers, and internal stakeholders to evaluate exposures, determine eligibility, develop coverage recommendations, and ensure compliance with underwriting guidelines and regulatory requirements. The Workers' Compensation Auditor/Underwriter plays a key role in maintaining the financial stability of the Trust by balancing risk selection, pricing adequacy, and member service. Additional duties include conducting audits, preparing underwriting analyses, monitoring account performance, participating in educational and industry programs, and performing other duties as assigned. Additional duties include: Conducts premium audits by reviewing payroll records, tax documents, financial statements, and operational information; verifying employee classifications and exposures; identifying reporting discrepancies; determining proper premium calculations; and preparing audit findings and recommendations. Performs underwriting analysis by reviewing applications, loss history, payroll trends, financial information, and operational risks; evaluating account eligibility; determining appropriate pricing and coverage terms; and ensuring compliance with underwriting guidelines and regulatory standards. Coordinates member and broker communications by discussing audit findings, underwriting requirements, and coverage recommendations; responding to inquiries regarding classifications and exposures; negotiating underwriting terms when appropriate; and providing technical guidance on workers' compensation matters. Monitors portfolio performance by analyzing loss trends, claims experience, audit results, and financial performance indicators; identifying emerging risks; recommending corrective actions; and assisting in the development of underwriting strategies that support long-term program stability. Supports risk management initiatives by collaborating with claims, loss control, and underwriting staff; participating in account reviews; identifying opportunities for risk improvement; and recommending solutions that reduce losses and improve member outcomes. Maintains documentation and records by preparing detailed audit reports, underwriting summaries, correspondence, and required regulatory documentation; ensuring all records are accurately maintained within underwriting and audit systems; and supporting internal and external audit requirements. Provides technical expertise and professional development support by staying current on industry regulations, underwriting practices, workers' compensation classifications, and market trends; attending continuing education programs and industry seminars; pursuing professional designations; and assisting with the training and development of staff when appropriate. Minimum Qualifications: Bachelor's degree in Finance, Business Administration, Risk Management, Accounting, or a related field. Minimum of five (5) years of underwriting experience within the insurance industry. Minimum of five (5) years of workers' compensation auditing experience. Strong knowledge of workers' compensation insurance products, classifications, rating methodologies, and underwriting principles. Working knowledge of state and federal regulatory requirements affecting workers' compensation insurance. Strong analytical, financial analysis, and risk assessment skills. Excellent written and verbal communication skills. Proficiency with underwriting, auditing, and data management systems. Preferred Qualifications: Professional insurance designations such as CPCU (Chartered Property Casualty Underwriter), AU (Associate in Underwriting), APA, or related certifications. Experience underwriting public entity, municipal, commercial, or specialty insurance programs. Knowledge of workers' compensation classification systems and premium audit procedures. Experience utilizing underwriting software, reporting platforms, and data analytics tools. Demonstrated leadership experience, including mentoring, training, or project management responsibilities. Advanced degree in Business Administration, Risk Management, Finance, or a related discipline. Why Work at the League? The North Carolina League of Municipalities has been One Voice for cities and towns across North Carolina for more than 100 years with a motto of "Working as one. Advancing all." Through our collective efforts, cities and towns are better equipped to serve their residents and improve their quality of life. If you have a heart for service and are looking to make a positive impact on North Carolina communities, we want to hear from you. Salary & Benefits NCLM offers a competitive benefits package that includes generous paid time off, participation in the NC Local Government Retirement System, a 401(k) Plan with a 4% employer match, employer-paid medical, dental, vision, and life insurance, employer-paid parking when reporting to the office, access to an onsite fitness center, and much more. Salary is commensurate with experience and qualifications. *This position is office based, which requires commute to our central office which is located in downtown Raleigh on a hybrid basis. Job Type: Full-time Pay: $98,500.00 - $153,000.00 per year Benefits: 401(k) 4% Match Dental insurance Employee assistance program Flexible spending account Health insurance Health savings account Life insurance Paid time off Retirement plan Tuition reimbursement Vision insurance Experience: Workers Compensation Underwriting: 5 years (Required) Workers Compensation Auditing: 5 years (Preferred) Ability to Commute: Raleigh, NC 27601 (Required) Work Location: Hybrid remote in Raleigh, NC 27601