Position Summary
The Senior Statistical Analyst or Statistical Specialist (final title will be determined based on the selected candidate's experience) is responsible for supporting Property & Casualty Insurance statistical reporting operations. This role will perform a variety of statistical reporting functions, including auditing company data submissions, researching and resolving submission issues, and preparing complex and summarized reports with a high degree of accuracy and timeliness. The position plays a key role in ensuring compliance with regulatory requirements and industry reporting obligations.
Principal Responsibilities
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Audit company submissions for edit errors and reasonability.
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Investigate and resolve out of balance conditions and data problems.
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Prepare external reports and data files, including balancing, auditing, and issue resolution.
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Communicate verbally, and in writing, with subscriber companies regarding data problems and solutions.
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Correct company data, as directed.
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Adhere to standard processes and completes all required documentation.
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Recommend and document updates to business procedures for preparation of assigned reports, as needed.
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Propose improvements to the business processes and/or technology to improve quality or increase efficiency.
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Apply basic techniques of balancing and auditing in the preparation of external reports.
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Complete all quality assurance tracking resources for both auditing and report production accurately and timely.
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Review and approve test results from technology projects for accuracy and completeness.
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Assist in training other analysts on personal productivity tools and basic job functions.
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Train team members on specific assignments, statistical techniques, or tools.
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Respond to special requests and prepares ad-hoc reports
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Adhere to standard processes and completes all required documentation.
Additional Responsibilities:
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Complete balancing and auditing tasks in the preparation of complex and/or summarized external reports and compilations.
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Interpret insurance data trends and evaluate outcomes
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Lead the production implementation of a new business process, report, or product.
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Research, modify and test complex edit and project related system changes.
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Participate in the review of tolerances and definition of new thresholds.
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Initiate technology project requests, defines detailed business requirements, and approves the functional design of new technology components.
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Participate in communication with regulatory agencies to understand changes, respond to questions, and provide requested information.
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Develop and maintain business procedures.
Qualifications:
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Education: 3-5 years of property casualty insurance statistical reporting experience, with or for a property casualty insurance company or statistical agency.
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Experience:
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Proficient in business processes, statistical procedures, and ISS 2000(internal tool) for assigned lines.
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Proficient in all installed personal computer tools.
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Ability to multitask in order to complete assignments efficiently.
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Ability to communicate, both orally and in writing, with all departments within ISS and externally with customers.
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Ability to review complex problems and implement solutions.
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Works effectively with team members within the department and across departments.
