Premium Auditor

1 month ago


Owings Mills, Maryland, United States Cincinnati Insurance Company, Inc. Full time
About the Role

Cincinnati Insurance Company, Inc. is seeking a skilled Premium Auditor to join our team in Baltimore, Maryland. As a Premium Auditor, you will be responsible for auditing property casualty commercial lines policies to establish appropriate classifications, exposures, and basis of premium. You will also develop earned premiums in accordance with company, industry, and government rules and regulations.

Key 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
Requirements
  • Demonstrated 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
What We Offer
  • Competitive salary range of $70,000 - $100,000 annually
  • Annual cash bonus and stock incentives based on company and individual performance
  • Company car
  • Company stock options, including Restricted Share Units and Incentive-based stock options
  • Paid time off (PTO)
  • 401K with 6% company match
About Us

Cincinnati Insurance Company, Inc. is a relationship-based organization that values a diverse workforce. We provide equal employment opportunity to all qualified persons without regard to race, creed, color, sex, including sexual orientation, gender identity, and transgender status, religion, national origin, age, disability, military service, veteran status, pregnancy, AIDS/HIV or genetic information, or any other basis prohibited by law.