Statistical Analyst I

EMC Insurance Companies

3d•Remote

About The Position

At EMC, we’re all about working together to make an impact. As part of our team, you’ll have the opportunity to grow, contribute, and gain experience that matters. We strive to be caring leaders, close partners, and responsive experts—always supporting each other to do our best work. Join us, and let’s improve lives together. This job is fully remote and can be located anywhere in the U.S. Essential Functions: Performs basic data extractions using EMC data files and writes specifications to the Strategic Analytics Department to obtain data Gathers documents for market conduct exams from policy and imaging systems and external websites Gathers and submits data reports for National Council in Compensation Insurance (NCCI) and independent states Reviews and analyzes basic data requests from within and outside EMC involving premium, loss, and accounting data Analyzes requests and determines the most suitable way to submit data Verifies data using available data extraction tools such as Excel and SQL Performs audits to ensure data quality. Documents and reports discrepancies Reconciles statistical data to financial data and investigates and corrects discrepancies Analyzes and corrects errors and explains data irregularities to insurance reporting bureaus or states Communicates with corporate office teams and branches on procedures, corrections, and training to support systems Requests system changes Contacts bureaus, such as NCCI or Insurance Service Office (ISO) and states to ask questions related to reports with guidance Partners with outside vendors to answer questions and resolve issues Monitors state websites for updates regarding industry changes, new reporting requirements, and data reporting deadlines Maintains documentation of data requests and logs of data submissions. Monitors systems to ensure that all submission guidelines are met Provides backup to team. Reviews and enters payments in the accounts payable system and Workday.

Requirements

Associate degree, preferably in a math, finance, accounting, business, or related field or equivalent relevant experience
One year of experience in property and casualty insurance
Basic knowledge of insurance terminology preferred
Good quantitative skills and math abilities
Proficiency in Excel functions and formulas
Basic SQL skills
Good attention to detail
Good verbal and written communication skills
Basic analytical and problem-solving skills
Ability to work independently and as part of a team

Nice To Haves

Data reporting experience preferred
Bachelor’s degree may be considered in lieu of the insurance experience requirement

Responsibilities

Performs basic data extractions using EMC data files and writes specifications to the Strategic Analytics Department to obtain data
Gathers documents for market conduct exams from policy and imaging systems and external websites
Gathers and submits data reports for National Council in Compensation Insurance (NCCI) and independent states
Reviews and analyzes basic data requests from within and outside EMC involving premium, loss, and accounting data
Analyzes requests and determines the most suitable way to submit data
Verifies data using available data extraction tools such as Excel and SQL
Performs audits to ensure data quality. Documents and reports discrepancies
Reconciles statistical data to financial data and investigates and corrects discrepancies
Analyzes and corrects errors and explains data irregularities to insurance reporting bureaus or states
Communicates with corporate office teams and branches on procedures, corrections, and training to support systems
Requests system changes
Contacts bureaus, such as NCCI or Insurance Service Office (ISO) and states to ask questions related to reports with guidance
Partners with outside vendors to answer questions and resolve issues
Monitors state websites for updates regarding industry changes, new reporting requirements, and data reporting deadlines
Maintains documentation of data requests and logs of data submissions
Monitors systems to ensure that all submission guidelines are met
Provides backup to team
Reviews and enters payments in the accounts payable system and Workday.

Benefits

More than 105 years of financial strength and stability
Named a five-star insurance carrier by Insurance Business America
Two-time recipient of the Best Practices Award of Excellence from the Independent Agents & Brokers of America
Multiple locations recognized as Top Workplaces based solely on team member feedback
Corporate culture that engages and empowers team members to achieve their best
Outstanding benefits with life, medical, dental, vision and prescription drug coverage
Competitive paid time off plan and a full day of volunteer time off annually
Financial incentives, including a 401(k) plan match, pension plan, OneEMC bonus plan and recognition and anniversary awards
Professional development and growth opportunities, including tuition reimbursement
Wellness initiatives to improve team member well-being and reduce health insurance costs
Flexibility to dress for your day and opportunities for alternative work arrangements