We specialize in workers compensation premium, classification and audit consulting and review services for employers, agents, auditors, insurance companies - learn here about our workers comp consulting services and how we can help with your premium or audit problem.
https://www.workcompconsultant.com/consulting-services/
(It is unusual for the same auditor to do your audit from year to year.) 1  The appointment should be made with the person(s) most familiar with your workers’ compensation policy and the duties of all your employees.
https://www.guideone.com/safety_resource/workers-compensation-preparing-for-an-audit/
able to provide payroll information that will be sufficient for the premium audit (see next page for requirements)* Tax Report Option 2. If you do not file any of the above, provide one of the following: ­ For Sole Proprietor, Profit or Loss (Form 1040) Schedule C pages 1 and 2 ­ For a Partnership, U.S. Partnership Return of Income
https://www.travelers.com/iw-documents/business-insurance/wc-required-docs.pdf
Workers’ Compensation Audit timing. This audit should be done for any time that a policy was in force (current and still in effect), even if the policy has already been renewed and is in the next term or if it has been canceled. Normally the audit is conducted about 30-60 days after the policy term ends.
https://www.guideone.com/safety_resource/workers-compensation-preparing-for-an-audit/
Workers compensation audits can be complicated and include many areas where audit errors and mistakes may occur. You’ll find our audit review is a comprehensive review of all premium producing areas of a workers comp audit and includes:
https://www.workcompconsultant.com/consulting-services/
We specialize in workers compensation insurance premium, classification code and audit consulting. Detailed information about our independent consulting and review services can be found under the “Services” tab above or by using these links and include:
https://www.workcompconsultant.com/consulting-services/
Auditor Appointments. 1  The appointment should be made with the person(s) most familiar with your workers’ compensation policy and the duties of all your employees. 2  The appointment should indicate how long the audit is expected to take so that your participants can be available during the whole process.
https://www.guideone.com/safety_resource/workers-compensation-preparing-for-an-audit/
If your policy period falls in the middle of the month, simply provide the most recent four filed quarterly (or annual) tax reports that most closely aligns with your policy period. Your Workers Compensation premium audit will require payroll information as well as details on payments to Subcontractors and Contract Labor. Specific information is detailed below and on the next page.
https://www.travelers.com/iw-documents/business-insurance/wc-required-docs.pdf
We provide workers compensation consulting services to business owners, employers, insurance agencies, agents, attorneys, auditors and others who have special issues or problems with any premium producing area of a workers comp policy.
https://www.workcompconsultant.com/consulting-services/
If available please provide the payroll information in an Excel spreadsheet. Refer to Helpful Tips-Workers Compensation to learn more about information needed in payroll reports. Please note: Your auditor may ask for additional items as requirements vary by state. Contact your Agent or Producer with questions concerning your particular situation. Audit Period: Report must include payroll data for the audited time period
https://www.travelers.com/iw-documents/business-insurance/wc-required-docs.pdf
what to provide for a workers compensation audit
Workers Compensation premium audit will require payroll information as well as details on payments to Subcontractors and Contract labor.