Data Quality Analyst, Statistical Reporting

Arch Capital Group • Jersey City, NJ

4d • Hybrid

About The Position

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠. Position Summary: We are seeking a detail-oriented and motivated Statistical Reporting analyst to join Arch’s Statistical Reporting team. This role will support the Statistical Reporting’s data quality unit in promoting data management best practices, implementing process excellence, as well as data gathering and reporting of bureau and state-related data calls. This analyst will be working closely with other departments across the company to ensure accurate and complete data across Arch’s systems. An ideal candidate will be both inquisitive and technical with a desire to learn. This position will require a strong understanding of key insurance concepts & data and will involve exposure to all lines of Commercial and Specialty Insurance. Additionally, this role will involve querying insurance databases using snowflake and other database tools. This will be a hybrid role offered in Morristown or Jersey City.

Requirements

• MS Office, including a proficiency in Excel.
• Excellent communication, organizational, interpersonal, and collaborations skills.
• Knowledge of statistical plans and insurance premium and claims data.
• Strong understanding of insurance concepts for both policy and claims.
• A minimum of one to five years' experience in a Statistical Reporting, Underwriting, or similar role.

Nice To Haves

• Experience with insurance database systems a plus.
• Familiarity with Insurance Bureau ISO/ISS Reporting a plus.
• College degree preferred.
• SQL and Snowflake experience preferred.
• CPCU, IDMA, or other relevant designations a plus.

Responsibilities

• Support team needs for ISO, State, and WC Bureau reporting.
• Analyze and test data and remediate data quality issues arising from Data Store testing.
• Remediate data quality issues arising from ‘day to day’ analysis by individual team members.
• Proactive review of data to ensure adherence to data management standards.
• Work with various IT departments as needed to update/enhance existing validation logic, as well as create new validations where appropriate.
• Work with stakeholders to understand business and data flow processes to support the implementation of the data transformation and innovation initiatives.
• Strong knowledge of Commercial and Specialty Insurance Lines of Business including Commercial Automobile, Property, General Liability, Cyber, Crime, Inland Marine, Workers Compensation, Lenders and Surety.
• Analyze current processes for inefficiencies, identify process improvement opportunities, and implement appropriate actions.

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed
• Number of Employees: 1,001-5,000 employees