Sr Statistical Analyst or Statistical Special

Job Description

Job Description

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

• Audit company submissions for edit errors and reasonability.
• Investigate and resolve out of balance conditions and data problems.
• Prepare external reports and data files, including balancing, auditing, and issue resolution.
• Communicate verbally, and in writing, with subscriber companies regarding data problems and solutions.
• Correct company data, as directed.
• Adhere to standard processes and completes all required documentation.
• Recommend and document updates to business procedures for preparation of assigned reports, as needed.
• Propose improvements to the business processes and/or technology to improve quality or increase efficiency.
• Apply basic techniques of balancing and auditing in the preparation of external reports.
• Complete all quality assurance tracking resources for both auditing and report production accurately and timely.
• Review and approve test results from technology projects for accuracy and completeness.
• Assist in training other analysts on personal productivity tools and basic job functions.
• Train team members on specific assignments, statistical techniques, or tools.
• Respond to special requests and prepares ad-hoc reports
• Adhere to standard processes and completes all required documentation.

Additional Responsibilities:

• Complete balancing and auditing tasks in the preparation of complex and/or summarized external reports and compilations.
• Interpret insurance data trends and evaluate outcomes
• Lead the production implementation of a new business process, report, or product.
• Research, modify and test complex edit and project related system changes.
• Participate in the review of tolerances and definition of new thresholds.
• Initiate technology project requests, defines detailed business requirements, and approves the functional design of new technology components.
• Participate in communication with regulatory agencies to understand changes, respond to questions, and provide requested information.
• Develop and maintain business procedures.

Qualifications:

1. Education: 3-5 years of property casualty insurance statistical reporting experience, with or for a property casualty insurance company or statistical agency.
2. Experience:

• Proficient in business processes, statistical procedures, and ISS 2000(internal tool) for assigned lines.
• Proficient in all installed personal computer tools.
• Ability to multitask in order to complete assignments efficiently.
• Ability to communicate, both orally and in writing, with all departments within ISS and externally with customers.
• Ability to review complex problems and implement solutions.
• Works effectively with team members within the department and across departments.