Regulatory Reporting Analyst

AIG InsuranceAtlanta, GA
Onsite

About The Position

Regulatory Reporting is looking for a driven individual to assume a critical role within the Policy Reporting and Proof of Coverage (POC) Department. Responsibilities include monitoring the timeliness & accuracy of our Workers Compensation data to Regulatory Organizations, identifying system issues, and assisting our internal & external customers with all Policy & POC inquires. This role involves identifying disconnects, omissions, and errors in underwriting issuance and servicing processes to reduce carrier fines and insured penalties. It also includes the interpretation and dissemination of Regulatory requirements/updates and their potential impacts on underwriting processes and issuance systems requirements. The analyst will make recommendations on and assist in the coordination of systems changes to maintain data compliance/quality, and will be responsible for writing, testing, and implementing new/updated requirements. The role also requires reviewing U/W systems to confirm accuracy of submissions/issuances, facilitating communication, cohesion and resolution among underwriters, brokers, and insureds, attending broker meetings when necessary, and researching and clearing system and state returned errors from the reporting system in a timely manner by working with Internal and External parties. Additionally, the analyst will investigate, identify the root cause, and provide solutions for management.

Requirements

  • Strong analytical & excellent organizational skills
  • 1+ year of business experience
  • Proficient in Microsoft Office Suite
  • Strong verbal and written communication skills
  • Self-motivated, ability to multitask
  • Ability to streamline and automate existing processes
  • Work well both independently and as part of a team
  • Ability to work in a fast-paced environment

Nice To Haves

  • Insurance experience is a plus

Responsibilities

  • Monitoring the timeliness & accuracy of Workers Compensation data to Regulatory Organizations
  • Identifying system issues
  • Assisting internal & external customers with all Policy & POC inquires
  • Identifying disconnects, omissions, and errors in underwriting issuance and servicing processes to reduce carrier fines and insured penalties
  • Interpretation and dissemination of Regulatory requirements/updates and their potential impacts on underwriting processes, issuance systems requirements
  • Making recommendations on and assisting in the coordination of systems changes to maintain data compliance/quality
  • Writing, testing, and implementing new/updated requirements
  • Reviewing U/W systems to confirm accuracy of submissions/issuances
  • Facilitating communication, cohesion and resolution among underwriters, brokers, and insureds
  • Attending broker meetings when necessary
  • Researching and clearing system and state returned errors from the reporting system in a timely manner by working with Internal and External parties
  • Investigating, identifying the root cause, and providing solutions for management
  • Provide training and guidance

Benefits

  • Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development
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