Mercury Insurance

Data Analyst Claims

Mercury Insurance$76K — $142K *
US-AnywhereRemote in United States
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in math, statistics, engineering, or analytical concentration
  • SAS and SQL training
  • Master's degree may substitute work experience
  • 3+ years in insurance, preferably in an analytical role
  • Advanced proficiency in SQL is a must
  • Experience with PowerBI or other visualization tools; Python/R is a plus

Responsibilities

  • Identify opportunities for data support in collaboration with claims leaders
  • Analyze and prepare data from various sources, ensuring accuracy and relevance
  • Communicate effectively with SMEs to deepen understanding of claims operations
  • Create presentations summarizing analysis, suggesting potential solutions
  • Coordinate reporting and support underwriting teams with data needs
  • Maintain regular attendance and full-time schedule
  • Execute additional functions as assigned

Benefits

  • Competitive compensation
  • Work-from-anywhere flexibility
  • Generous PTO including vacation, sick time, and paid holidays
  • Incentive bonus programs and potential for performance bonuses
  • Comprehensive medical, dental, and vision insurance options
  • 401(k) with company matching contributions
  • Opportunities for advancement and professional development
  • Education assistance for continued learning
  • Company recognition programs to celebrate employee contributions
  • Health resources including therapy sessions and caregiver support
Full Job Description
Overview
Position Summary:

The primary job function, under general supervision, is interpreting complex data sets related to various operations of the Claims Department and provide data-driven analysis. The position is responsible for analyzing and interpreting data, identifying trends and patterns, and providing insights to drive business decisions. They will use their knowledge of statistics and various data analytical tools to develop reports, dashboards, and visualizations to present complex data in a clear and concise manner.

Geo-Salary Information

An in-person interview may be required during the hiring process

 

State specific pay scales for this role are as follows:

$76,829 to $142,213 (NJ, NY, WA, HI, AK, MD, CT, RI, MA)

$69,845 to $129,284 (NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME)

$62,860 to $115,356 (UT, ID, MT, NM, SD, NE, KS, OK, IA, AR, LA, MS, AL, TN, KY, IN, SC, NC, WV)

 

In CA: Typical hiring range is $$98,568.90 to $120,473.10.

 

The expected base salary for this position will vary depending on a number of factors, including relevant experience, skills and location.

Responsibilities Essential Job Functions:

  • Works with claims leaders and independently to identify and provide data support to recognize opportunities. Collaborates with other departments in Claims and other divisions of the company (Product, U/W, IT Domain Teams, etc.) on implementing solutions to business problems. Supports claims projects by applying general knowledge of the business area processes, including best practices.
  • Retrieves data from various sources and prepares data for analysis. Reviews data for accuracy and revises methods of data retrieval when necessary. Prepares reports, graphs and charts based on research and analyses. Analyzes data and identifies trends in data to provide meaningful suggestions and recommendations to leadership. May assist with forecasting future claims activity to plan for future risks. Serves as a contact for basic reporting needs/issues and on demand reports.
  • Communicates proactively, clear, and consistently with SMEs and leadership in the various claims operations to understand each job function. Through this communication, the employee will be expected to increase the breadth of their understanding of the processes associated with these operations, and of the various KPIs that drive business results
  • Creates presentations breaking down problems identified, potential solutions. Develops spreadsheets and visual tools for management use. May attend management meetings to present findings and recommendations. The encumbent should have a strong background in creating and explaining meaningful graphs and also be skilled at assembling and delivering presentations
  • Coordinates and executes reporting; directs and supports underwriting users/leaders in identifying data needed for reporting using Guidewire Database, NextGen Database, and Enterprise Data Warehouse
  • Regular attendance at work on a full-time schedule of at least 8 hours and 40 hours per week
  • Other functions may be assigned

Qualifications Education:

  • Worker characteristics are normally acquired through the successful completion of a Bachelors degree in an analytical concentration, such as math, statistics, engineering.
  • SAS and SQL Training
  • Masters degree is required in lieu of work experience.

Experience:

At least 3 years experience of insurance related experience preferably in an analytical role, or equivalent combination of education and experience.

Knowledge and Skills:

  • Advanced proficiency in SQL required.
  • Proficiency in PowerBI and other data visualization tools.
  • Experience with Python and/or R a plus.
  • Knowledge of statistics and general model building/validation procedures required.
  • Strong data skills and ability to work with massive datasets.
  • Good problem-solving skills required.
  • Good analytical and critical thinking required.
  • Strong attention to detail and accuracy
  • Excellent written and verbal communication skills required.
  • Work requires professional written and verbal communication skills and the ability to present findings on underwriting data projects
  • Must have the ability to produce quality work within tight timeframes, simultaneously manage multiple projects and the ability to work in a team setting
  • Requires the ability to work a flexible schedule and travel as needed, which may require overnight and/or weekend stays.
  • Requires the ability to adhere to the Companys privacy policy due to the sensitive nature of information handled in this position.
Perks and Benefits

We offer many great benefits, including:

  • Competitive compensation
  • Flexibility to work from anywhere in the United States for most positions
  • Paid time off (vacation time, sick time, 9 paid Company holidays, volunteer hours)
  • Incentive bonus programs (potential for holiday bonus, referral bonus, and performance-based bonus)
  • Medical, dental, vision, life, and pet insurance
  • 401 (k) retirement savings plan with company match
  • Engaging work environment
  • Promotional opportunities
  • Education assistance
  • Professional and personal development opportunities
  • Company recognition program
  • Health and wellbeing resources, including free mental wellbeing therapy/coaching sessions, child and eldercare resources, and more
Pay RangeUSD $76,829.00 - USD $142,213.00 /Yr.

About Mercury Insurance

Mercury Insurance Group is a multiple-line insurance organization offering personal automobile, homeowners, renters and business insurance. Founded in 1961 and headquartered in Los Angeles, Mercury has assets in excess of $4 billion, employs 4,500 people and has more than 8,000 independent agents in 11 states. Mercury has been named one of America's Most Trustworthy Companies by Forbes magazine, and has been recognized as one of the Best Places to Work in Los Angeles for eight years running. The company has also been named one of America's Best Midsize Employers by Forbes.
Learn more about Mercury Insurance
Size
4,300 employees
Market Cap
$1.8 billion
Industry
Net Income
$374.6 million
Founded
1962
5 Year Trend
+4.3%
Revenue
$3.7 billion
NASDAQ

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