Premium Auditor-Albuquerque, NM - Travelers Companies, Inc. (Albuquerque, New Mexico)

Committed.  Competitive.  Constructing our Future.

That's Travelers. We are one of the leading insurance companies in the United States.  Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees.  You will find Travelers to be full of energy and a workplace in which you truly can make a difference.

We are currently looking for a Premium Auditor-Albuquerque, NM.  Please read on for more details regarding this position.

JOB DESCRIPTION:

SUMMARY:

Reports to Premium Audit Manager.  Responsible for performing audits on Property/Casualty Commercial Lines adjustable policies in Albuquerque, NM and the surrounding area to establish appropriate classifications, exposures and basis of premium.  Responsible for developing earned premiums in accordance with company, industry and government rules and regulations.

PRIMARY DUTIES:

Conducts audit of selected Commercial Lines adjustable policies by reviewing the insured's business operations, including examining, verifying and recording pertinent classification-related data from financial/business records.  Determine and/or develop premium basis and classification.

Conducts physical audits to optimize timeliness and productivity.  Some travel will be required.

Discuss issues and problems with the insured to ensure understanding of the change in premium and to maintain good customer relations.

Ensure quality of the audit through proper risk classification and exposure basis identification.  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.

Alert the Special Investigative Unit (SIU) of potential fraud situations.

EDUCATION/COURSE OF STUDY:

All incumbents are required to pass the industry APA exams within 2 years of hire, and promotion to the next level requires that the APA designation has been achieved.

WORK EXPERIENCE:

Demonstrated ability to work independently.

Strong organizational skills.

Strong communications skills.

Solid analytical skills.

Experience in the use of personal computers and software applications (e.g., MS Excel, MS Word and LOTUS Notes.)

Strong knowledge of the Property Casualty businesses and products.

Underwriting and marketing exposure.

College degree in Accounting, Business Administration, or related field, or equivalent work experience.

It is generally expected that this level auditor have 0-3 years of auditing experience.

In addition to an exciting environment, we offer:

* Competitive base salary with additional opportunities for variable pay through recognition programs and incentive awards

* 401(k) with company match

* Comprehensive health plans that include coverage for same sex/domestic partners

* Strong work/family and employee assistance programs

* Tuition reimbursement

* Vacation Purchase Plan

* Training/Development opportunities

We are proud to provide comprehensive, high quality employee programs to meet employees' needs now and in the future, including a very competitive financial package. Explore what we have to offer.

For immediate consideration for this position, please click on the "Apply Now" button at the bottom of this posting.

Travelers is an equal opportunity employer. We actively promote a drug-free workplace.