6

3304 Assignment 6 Project (30 Points)

You are the premium auditor for workers compensation the insurer for the County of Oggaallaa

in North Carolina. For information on classification codes identified by the NC county

commissioners consult the file scopesmanualnorthcarolinacountycommissioners.pdf in

Blackboard. The objective of this project is to assign the correct classification code to the correct

payroll and calculate a manual premium (before credits and experience modification) for this

workers compensation account. The provisional manual premium paid at the beginning of the

year was $64,867. What will be the premium for this account at the end of the audit?

The county has a police force, road maintenance crews, a small municipal airport and maintains

a fleet of busses for the county school district. There is a water and sewer department, fire

department and the like. Here are the basic jobs and payrolls. Assign the proper 4 digit

classification and multiply the premium per $100 for the rate. Total up the premium and indicate

the audit additional or return premium.

Class

Code Rate per $100 Payroll

6217 3.10

7705 2.65

7380 1.90

7382 2.10

7423 4.15

7520 5.10

7580 4.85

7710 16.20

7720 18.15

8017 1.20

8380 3.89

8742 1.12

8810 1.08

8803 1.08

8820 1.08

8861 1.08

8871 1.08

8814 1.08

8800 1.08

8901 1.08

8820 1.42

8831 2.10

8832 2.10

8833 1.85

8835 3.15

8868 1.10

9015 3.14

9102 6.15

9403 14.15

9410 1.10

Assignment 6 Project Continued – Enter the Correct Data here

Job description and Payroll Class code, Rate, Premium

(per $100 of payroll)

Clerks and others who perform

mainly clerical duties in county

offices $600,000

Garbage collectors $200,000

Water company employees

including meter readers

$210,000

Aircraft hanger workers

$64,000

Public defenders $132,000

Vehicle mechanics $123,000

School bus drivers $297,000

Police officers $410,000

Firefighters $340,000

911 operators $109,000

Sewage disposal plant workers

$165,000

Ambulance service drivers and

EMI $98.000

Clerical and professorial staff

at community college

$1,034,000

Road building employees

$340,000

Swimming pool lifeguards at

high school $42,000

Total Premium for the Year Total: