Premium Audit - Field Auditor - Commercial Insurance

Premium Auditor

The Premium Audit Department of The Cincinnati Insurance Companies is currently seeking a premium auditor for our State College, Pennsylvania territory to audit property casualty commercial lines policies to establish appropriate classifications, exposures and basis of premium.

• Develop earned premiums in accordance with company, industry and government rules and regulations.
• Verify premium basis by reviewing ledgers, state or federal quarterly records, financial statements and other accounting records.
• Investigate and establish correct policy classifications through personal interview and physical inspection of the insured's premises.
• Document changes in the insured's operation.
• Prepare and submit complete reports within established time frames.
• Interact with agents and associates to communicate and support audit results.

Requirements

The Candidate Is Required To Reside Within The Territory.

• Demonstrated the ability to work independently.
• Strong organizational skills.
• Effective communication.
• Solid analytical skills.
• Strong knowledge of the property casualty business and products underwriting experience.
• Strong automation skills.

Qualifications

• Experience in insurance and/or auditing.
• Degree in insurance, accounting or related field (not required).
• Industry designation, APA or CPCU (required).

Benefits

• Company car.
• Company stock options, including Restricted Share Units and Incentive based stock options.
• Paid time off (PTO).
• 401K with 6% company match.

Pay

The pay range for this position is $70,000 - $100,000 annually. The pay determination is based on the applicant’s education, experience, location, knowledge, skills and abilities.