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Premium Audit - Field Auditor - Commercial Insurance

Cincinnati FinancialFairfax, VA
Remote

About The Position

The Premium Audit Department of The Cincinnati Insurance Companies is currently seeking a premium auditor for our Fairfax, Virginia 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. The candidate is required to reside within the territory.

Requirements

  • 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

Nice To Haves

  • degree in insurance, accounting, or related field preferred
  • industry designation, Associate in Premium Auditing (APA) or Chartered Property Casualty Underwriter (CPCU) preferred
  • experience in insurance or risk management

Responsibilities

  • travel to agents' commercial clients to conduct audits
  • 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

Benefits

  • company car
  • company stock options, including Restricted Share Units and Incentive based stock options
  • paid time off (PTO)
  • 401K with 6%25 company match

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