Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.
Premium Audit
Compensation Overview
The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.
Salary Range
$54,500.00 - $89,900.00
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At Travelers, our Enterprise Operations teams deliver differentiating customer and agent experiences, drive top-line revenue and underwriting results, and foster a culture of innovation and efficiency across the enterprise. The Premium Audit group is responsible for conducting audits on property & casualty commercial lines policies to establish appropriate classifications, exposures, and basis of premium, in accordance with company, industry, and state regulations. As a Sr Premium Auditor Associate, you will conduct audits of increasing complexity with less direct oversight. Audits may be conducted virtually and/or in-person.
This position is based 100% remotely and may include a combination of mobile work and/or work from your primary residence.
The physical territory for this position will include Minneapolis, MN and the surrounding areas.
What Will You Do?
- Conduct audits of moderately complex Commercial Lines policies (i.e., Workers’ Compensation, General Liability, Auto, etc.) through interview, review, and verification of the customer’s business operations to determine proper classifications. Review financial/accounting records that includes payroll, tax returns, general and expense ledgers, etc. to determine final exposures.
- Provide audit findings to customers, agents/brokers, and business partners (primarily underwriting) to ensure understanding of the change in premium exposures.
- Develop relationships with customers, agents/brokers, underwriters, and other internal business partners.
- Remain informed of changes and current information relative to premium auditing through internal and external resources.
- Perform other duties as assigned.
What Will Our Ideal Candidate Have?
- Bachelor's degree.
- Two years of Premium Audit experience, including experience auditing multiple types of property and casualty commercial lines policies.
- Completion of APA 91 and 92.
- Strong communication skills with the ability to effectively convey information to customers, agents/brokers, and business partners.
- Strong analytical skills to conduct audits effectively and efficiently.
- Ability to work independently and as part of a team.
What is a Must Have?
- High school diploma/GED.
- One years of Premium Audit or related experience.
- Valid driver's license and a good driving record.
What Is in It for You?
- Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
- Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
- Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
- Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
- Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.
Employment Practices
Travelers is an equal opportunity employer. We believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve. We are committed to recruiting, retaining and developing the diverse talent of all of our employees and fostering an inclusive workplace, where we celebrate differences, promote belonging, and work together to deliver extraordinary results.
In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.
If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.
Travelers reserves the right to fill this position at a level above or below the level included in this posting.