About the position
At The Cincinnati Insurance Companies, we are dedicated to putting people first and embodying the Golden Rule in our daily operations. We are currently seeking a Premium Auditor for our Eugene, Oregon territory. This role is crucial as it involves auditing property and casualty commercial lines policies to establish appropriate classifications, exposures, and basis of premium. The successful candidate will be responsible for developing earned premiums in accordance with company, industry, and government rules and regulations. This position requires a commitment to building productive relationships, collaborating within a diverse team, and embracing challenges while developing your skills. As a Premium Auditor, you will travel to agents' commercial clients to conduct audits, verify premium basis by reviewing ledgers, state or federal quarterly records, financial statements, and other accounting records. You will also investigate and establish correct policy classifications through personal interviews and physical inspections of the insured's premises. Documenting changes in the insured's operations and preparing and submitting completed reports within established time frames are also key responsibilities. Interaction with agents and associates to communicate and support audit results is essential for this role. Candidates must reside in the territory to be considered for this position. The pay range for this role is between $70,000 and $100,000 annually, with the final determination based on the applicant's education, experience, location, knowledge, skills, and abilities. Eligible associates may also receive an annual cash bonus and stock incentives based on company and individual performance. We offer a supportive environment where you can contribute and grow, and we are committed to providing outstanding service and developing strong relationships with our independent agents.
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 interviews and physical inspections of the insured's premises.
- Document changes in the insured's operations.
- Prepare and submit completed reports within established time frames.
- Interact with agents and associates to communicate and support audit results.
Requirements
- Experience in insurance and/or auditing.
- Degree in insurance, accounting, or related field.
- Strong knowledge of the property and casualty business and products.
- Underwriting experience.
- Strong automation skills.
Nice-to-haves
- Industry designation, Associate in Premium Auditing (APA) or Chartered Property Casualty Underwriter (CPCU) is preferred.
- Ability to work independently.
- Strong organizational skills.
- Effective communication skills.
- Solid analytical skills.
Benefits
- Company stock options, including Restricted Share Units and Incentive based stock options.
- Paid time off (PTO).
- 401K with 6% company match.
