Statistical Reporting Analyst (P&C Insurance)

Sutton National Insurance Company

1d•$75,000 - $90,000

About The Position

Sutton National Group, a rapidly growing national property and casualty insurance carrier group, is seeking a Statistical Reporting Analyst to join its regulatory and statistical reporting team. The role is responsible for timely and accurate reporting of detailed and aggregate data to external regulatory bodies. The successful candidate will be proactive, adaptable, collaborative, and motivated to contribute to the team's day-to-day work and the Company's broader mission. This position has seasonal peaks that require additional work hours during those periods. Occasional travel may be required. The role involves extended periods working at a computer and frequent communication, receipt, and processing of information. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Requirements

Minimum of 3 years of experience in the property and casualty insurance industry in a similar role.
Knowledge and experience in the property and casualty insurance industry.
Ability to learn insurance business functions, including related reporting, terminology, nuances, and objectives.
Ability to learn and use computer tools to retrieve and manipulate relevant data and information.
Strong attention to detail and ability to track, prioritize, and complete multiple deadlines and projects.
Strong oral and written communication skills.
Proficiency with Microsoft Office products, including Word, PowerPoint, and Excel.
Comfort using remote access to counterparty systems.
Excellent interpersonal skills.
Ability to work as a self-starter, adapt quickly, and execute projects without close supervision.
Occasional travel may be required.

Nice To Haves

Completed insurance coursework or designations.
Familiarity with statistical agencies and understanding of the uses of statistical data in the insurance industry.
Statistical and data reporting and compliance work experience in a property and casualty insurance setting.
Property and casualty annual checklist experience.
Bachelor’s degree, or equivalent education and/or work experience in lieu of a degree.
Knowledge of statutory financial statements, including annual statements, statutory page 14s, and insurance expense exhibits.
Basic accounting knowledge or experience.
Specialization in a line of business such as workers’ compensation, automobile, homeowners, or surplus lines.

Responsibilities

Prepare timely and accurate submissions of data calls and statistical data to state insurance departments, independent workers’ compensation bureaus, statistical service agencies, and other statutory and regulatory entities.
Review and interpret regulatory reporting requirements and changes, and analyze their impact.
Determine regulatory reporting requirements for new product offerings and collaborate with the team to ensure required data fields are obtained.
Reconcile submissions to data sources to confirm completeness and accuracy, and investigate and resolve variances.
Perform data corrections requested by reporting entities, analyze the causes, and implement corrective actions to prevent recurrence.
Respond in a timely and professional manner to correspondence from regulators, partners, third-party administrators, and internal customers.
Maintain detailed procedures for data calls, statistical reports, and other completed processes.
Identify opportunities for improvement and increased efficiency.
Lead ad hoc projects as needed.
Make decisions within the identified scope of responsibility.
Conform with corporate policies and procedures.
Perform miscellaneous job-related duties as assigned.
Maintain organized and up-to-date files for work products, materials, and resources associated with the position.