Sr Statistical Analyst or Statistical Special

American Property Casualty Insurance Association

$75K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5 years of insurance statistical reporting experience, preferably with an insurance company or statistical agency.
  • Proficiency in business processes, statistical procedures, and internal tools, particularly ISS 2000.
  • Skilled in using personal computer tools effectively.
  • Strong multitasking abilities for efficient assignment completion.
  • Excellent oral and written communication skills for cross-department interaction.
  • Capable of analyzing complex issues and providing effective solutions.

Responsibilities

  • Audit company submissions for errors and reasonability.
  • Investigate and resolve data discrepancies.
  • Prepare and balance external reports and data files.
  • Communicate data issues and solutions with subscriber companies.
  • Correct company data and adhere to standard processes.
  • Recommend updates to business procedures for reporting.
  • Implement improvements to processes or technology for quality and efficiency.

Benefits

  • Professional development opportunities, including training for career advancement.
  • Work in a collaborative environment with various departments.
  • Engagement with technology projects for experience in project management.
Full Job Description
Position Summary

The Senior Statistical Analyst or Statistical Specialist (Candidate experience will determine final title) position, will fulfill statistical reporting tasks including auditing company submissions, resolving data submission problems, prepare complex and/or summarized reports with accuracy and timeliness, fulfilling compliance and regulatory 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 insurance statistical reporting experience, with or for an 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.

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