Arch Capital Group Ltd.

Statistical Reporting Analyst

Arch Capital Group Ltd. • $66K — $99K *
Jersey City, NJ 07305Hybrid
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 5+ years of experience in Statistical Reporting for Workers Compensation including USR, Data Calls, MDC, and IDC.
  • Strong knowledge of Workers Compensation and its reporting requirements.
  • Understanding of various bureaus' USR and financial data call requirements.
  • Intermediate to advanced skills in MS Office, including SQL and Excel.
  • Excellent communication and customer service skills.

Responsibilities

  • Create documentation for aggregate financial and state-specific Workers' Compensation data calls.
  • Assist in resolving inquiries from data collection organizations related to Medical and Indemnity Data Calls.
  • Address bureau criticisms and external inquiries regarding Unit Statistical Reports.
  • Help fulfill Workers' Compensation surcharge and assessment payment obligations.
  • Enhance process documentation for seamless workflow transitions during account renewals.
  • Collaborate with departments like Claims Data Quality and IT to resolve data issues for timely reporting.
  • Act as key contact for obligations related to Allianz legacy functions.

Benefits

  • Multiple medical plans including dental, vision, and prescription drug coverage.
  • Competitive 401k with generous matching.
  • 20 days of PTO annually plus 12 paid holidays and 2 paid volunteer days.
  • Life and AD&D insurance, short-term and long-term disability coverage.
  • Paid parental leave of up to 10 weeks and support for student loans and tuition reimbursement.
  • Backup child and elder care support.
Full Job Description
Position Description
  • Responsible for creating all necessary documentation to support aggregate financial and state-specific Workers' Compensation (WC) data call reporting for all of Arch's business divisions.
  • Assist in the resolution of Medical Data Call (MDC) and Indemnity Data Call (IDC) inquiries received from the various data collection organizations.
  • Assist in the resolution of Unit Statistical Reports (USR) bureau criticisms or other external inquiries. Work with staff to remedy any systemic data anomalies.
  • Assist in the fulfillment of WC surcharge and assessment payment obligations.
  • Create or enhance process documentation at an individual report level to ensure a seamless transition to new workflows upon account renewal on to Arch policies.
  • Partner with neighboring departments such as Claims Data Quality and IT to address data issues that impact our ability to report data to regulators in a timely and accurate manner.
  • Fill role as key-contact for any obligations mirrored to handle Allianz legacy functions.


Key Competencies
  • Must have a strong knowledge of the Workers Compensation line of business.
  • Firm understanding of the various bureaus' USR and financial data call requirements.
  • Intermediate to advanced competency skills with MS Office, including SQL, Excel, Word, and PowerPoint.
  • Excellent communication and customer service skills.


Education & Experience
  • A minimum of five years of experience in a Statistical Reporting unit, reporting on Workers Compensation experience via USR, Data Calls, MDC and IDC.
  • Demonstrated knowledge of WC statistical plans and the various Data Quality Programs.


For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

$66,400 - $99,235/year
  • Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.
  • Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click here to learn more on available benefits.

About Arch Capital Group Ltd.

Arch Capital Group Ltd. is a Bermuda-based public limited liability company which writes insurance, reinsurance and mortgage insurance on a worldwide basis. Arch Capital Services Inc. provides support and expertise to entities across ACGL to help them operate effectively and efficiently. Arch is committed to helping its associates create what’s next by providing access to a variety of programs supporting your professional development and a culture that encourages innovation, collaboration and professional growth. Arch Capital Group Ltd. is a Bermuda-based public limited liability company which writes insurance, reinsurance and mortgage insurance on a worldwide basis. Arch Capital Services Inc. provides support and expertise to entities across ACGL to help them operate effectively and efficiently. Arch is committed to helping its associates create what’s next by providing access to a variety of programs supporting your professional development and a culture that encourages innovation, collaboration and professional growth.
Learn more about Arch Capital Group Ltd.
Size
4,000 employees
Market Cap
$23.1 billion
Industry
Finance & Insurance
Net Income
$1.4 billion
5 Year Trend
+16.3%
Revenue
$8.3 billion
* Ladders Estimates

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