Policy Compliance Auditor Overview

Required Education and Training To Become a Policy Compliance Auditor

Best Schools to become a Policy Compliance Auditor in U.S. 2024

University of Phoenix-Arizona

Phoenix, AZ

In-State Tuition:$9,552
Out-of-State Tuition:$9,552
Admission Rate:N/A
Graduation Rate:18%
Total Enrollment:88,891

Southern New Hampshire University

Manchester, NH

In-State Tuition:$15,000
Out-of-State Tuition:$15,000
Admission Rate:96%
Graduation Rate:41%
Total Enrollment:164,091

Western Governors University

Salt Lake City, UT

In-State Tuition:$7,404
Out-of-State Tuition:$7,404
Admission Rate:N/A
Graduation Rate:49%
Total Enrollment:156,935

Colorado Technical University-Colorado Springs

Colorado Springs, CO

In-State Tuition:$12,036
Out-of-State Tuition:$12,036
Admission Rate:N/A
Graduation Rate:20%
Total Enrollment:24,808

Grand Canyon University

Phoenix, AZ

In-State Tuition:$16,407
Out-of-State Tuition:$16,407
Admission Rate:78%
Graduation Rate:45%
Total Enrollment:101,816

Liberty University

Lynchburg, VA

In-State Tuition:$15,467
Out-of-State Tuition:$15,467
Admission Rate:99%
Graduation Rate:66%
Total Enrollment:96,709
Policy Compliance Auditor Job Description:
  • Review settled claims to determine that payments and settlements are made in accordance with company practices and procedures.
  • Confer with legal counsel on claims requiring litigation.
  • May also settle insurance claims.

Required Skills and Competencies To Become a Policy Compliance Auditor

Job Duties for Policy Compliance Auditors

  • Analyze information gathered by investigation and report findings and recommendations.

  • Examine claims forms and other records to determine insurance coverage.

  • Pay and process claims within designated authority level.

Technologies and Skills Used by Policy Compliance Auditors

Data base user interface and query software

  • Microsoft Access
  • Xactware Xactimate

Document management software

  • Document management system software
  • InSystems Calligo Document Management System

Video conferencing software

  • Zoom

Basic Skills

  • Listening to others, not interrupting, and asking good questions
  • Reading work related information

People and Technology Systems

  • Figuring out how a system should work and how changes in the future will affect it
  • Thinking about the pros and cons of different options and picking the best one

Problem Solving

  • Noticing a problem and figuring out the best way to solve it

Current Job Market and Opportunites for a Policy Compliance Auditor

Additional Resources To Help You Become a Policy Compliance Auditor

FAQs About Becoming a Policy Compliance Auditor