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. Determines and/or develops premium basis and classification.
Conducts physical 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. Ensure quality of the audit through proper risk classification and exposure basis information.
Utilizes laptop computer to record audit information and transmit completed audits in a timely manner. Provides 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. Remains informed of changes and current information relative to premium auditing through discussion and correspondence with experts and industry-related literature.
Alerts the Special Investigative Unit (SIU) of potential fraud situations. Other duties as assigned. Perform other duties as assigned.
Job Specific & Technical Skills & Competencies
Demonstrated ability to work independently preferred.
Strong organizational skills preferred.
Solid analytical skills preferred.
Solid experience in the use of personal computers and software applications (i.e., MS Excel, MS Word, LOTUS Notes) and the ability to manipulate data quickly and accurately preferred.
Under close supervision and working outside an office environment, 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. This position requires travel and will cover a main territory in and around downtown Chicago and south down to the IN border.
This job does not manage others. 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.
Education, Work Experience & Knowledge
College degree in Accounting, Business Administration, or related field preferred. Excellent communication skills. Strong customer orientation.
Operates standard office equipment
Occasionally Sitting (can stand at will)
Frequently Use of Keyboards, Sporadic 10-Key
High School Diploma or GED required. Valid driver's license and a good driving record required.
The Travelers Companies