The Travelers Companies, Inc.

Premium Auditor (Ft. Lauderdale, FL area)

Posted on Apr 30 191 views Fort Lauderdale, FL

Company Summary
Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Target Openings

Job Description Summary
Under general supervision, is responsible for performing audits on Property/Casualty Commercial Lines adjustable policies to establish appropriate classifications, exposures and basis of premium. Responsible for developing premium exposures in accordance with company, industry and government rules and regulations. Audits may be conducted both in person as well as virtually. As part of the hiring process, this position requires the completion of an online pre-employment assessment. Further information regarding the assessment including an accommodation process, if needed, will be provided at such time as your candidacy is deemed appropriate for further consideration.

Primary Job Duties & Responsibilities
  • Conducts audit of selected Commercial Lines adjustable policies by reviewing the insured's business operation, including examining, verifying and recording pertinent classification-related data from financial/business records.
  • Determine and/or develop premium basis and classification.
  • Conducts both physical and virtual audits to optimize timeliness and productivity.
  • Discuss issues and problems with the insured to ensure understanding of the change in premium exposures and to maintain good customer relations.
  • Develops successful relationships with insureds, agents, marketing and other internal staff by utilizing excellent communication skills.
  • Ensure quality of the audit through proper risk classification and exposure basis information.
  • Utilize laptop computer to record audit information and transmit completed audits in a timely manner.
  • Provide external customers (i.e., agents and insureds) and internal customers (i.e., underwriting, policy processing, claims and accounting) with information to assist in their understanding of audit-related matters, including audit vouchers, procedures and worksheets.
  • Remain informed of changes and current information relative to premium auditing through discussion and correspondence with experts and industry-related literature. Acts as expert resource on audit matters for all internal and external customers.
  • May represent the company in routine court appearances.
  • May provide guidance to less experienced auditors or train new auditors as necessary.
  • Responsible to alert the Special Investigative Unit (SIU) of potential fraud situations.

Minimum Qualifications
  • High School Diploma or GED required.
  • Valid driver’s license and a good driving record required.
  • One year Premium Audit experience required.

Education, Work Experience, & Knowledge
  • College degree in Accounting, Business Administration, or related field preferred.
  • 3-7 years Premium Audit experience preferred.
  • Excellent communication skills.
  • Strong customer orientation.

Licensing or Certificates
  • Completion of APA 91 & 92 will be required for Sr. Premium Auditor

Job Specific Technical Skills & Competencies
  • Fully competent level technical expertise with audit systems and other policy information systems preferred.
  • Strong organizational, analytic and verbal/written communication skills preferred.
  • Proficient in MS Excel
  • Travel Requirements: Travel Frequently

Employment Practices
Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.

If you have questions regarding the physical requirements of this role, please send us an email so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.