Group 1001
Statistical Data Reporting Analyst
Group 1001, Zionsville, Indiana, United States, 46077
Group 1001
is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.
Company Overview:Clear Spring Property and Casualty is a leading provider of property and casualty insurance. Our future-forward strategy is rooted in deep industry knowledge and a mastery of emerging technologies. Clear Spring Property and Casualty Company is a subsidiary of Delaware Life Insurance Company and its parent company, Group1001. Our relationship with these organizations has yielded an innovative technology platform that provides smarter risk management solutions for property and casualty insurance brokers. Clear Spring is dedicated to Group1001's mission: making insurance more useful, intuitive and accessible for everyone. We’re confident in our forward-thinking products, and that you’ll love working with us.
Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.
Job SummaryThe Statistical Data Reporting Analyst will be primarily responsible for supporting the P&C Division and actuarial department with a wide variety of statistical reporting processes to ensure compliance.
Main Accountabilities
Researches, formulates, and communicates simple-to-moderate data for statistical and regulatory reporting solutions.Assists with data call requirements/filing forms for regulatory agencies and/or state insurance departments. Ensures required data is reported to reporting bureau accurately and timely and recommends corrective action when required.Stays current with statistical manuals, bureau filing requirements, statistical plans, data requirements, and regulatory reporting items (i.e. advanced knowledge IAIABC).Maintain, collect and compile the information required to be reported to regulators.Research, analyze and understand complex regulatory bulletins, circulars and data requests to complete data submissions.Ensure statistical information is complete and accurate.Develops, writes, and participates in testing scenarios based on analysis to business process or product changes. Participates in investigations and resolution of fines or inquiries from regulatory reporting bureaus.Assists in the design and development of new reporting processes and trains staff to maintain processing once implemented.
Qualifications
Associate degree in business or related field. Equivalent industry experience may be considered.3+ years of Property and Casualty insurance industry experience.Knowledge of commercial P&C insurance products and insurance department requirements and processes.Strong communication, analytical, and problem-solving skills.Prior experience with statistical plans, edit definitions, and submission processes highly desirable.Prior experience with ISO, NCCI, and independent state bureaus and analysis of circulars, regulations, and statutes highly desirable.
Compensation:Our compensation reflects the cost of labor across several U.S. geographic markets. The base pay for this position ranges from $70,200/year in our lowest geographic market up to $140,200/year in our highest geographic market. Pay is based on a number of factors including market location and may vary depending on job-related knowledge, skills, and experience.
Benefits:Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options. Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability, and to enroll in the Company’s Employee Assistance Program and other wellness initiatives. Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.#J-18808-Ljbffr
is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.
Company Overview:Clear Spring Property and Casualty is a leading provider of property and casualty insurance. Our future-forward strategy is rooted in deep industry knowledge and a mastery of emerging technologies. Clear Spring Property and Casualty Company is a subsidiary of Delaware Life Insurance Company and its parent company, Group1001. Our relationship with these organizations has yielded an innovative technology platform that provides smarter risk management solutions for property and casualty insurance brokers. Clear Spring is dedicated to Group1001's mission: making insurance more useful, intuitive and accessible for everyone. We’re confident in our forward-thinking products, and that you’ll love working with us.
Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.
Job SummaryThe Statistical Data Reporting Analyst will be primarily responsible for supporting the P&C Division and actuarial department with a wide variety of statistical reporting processes to ensure compliance.
Main Accountabilities
Researches, formulates, and communicates simple-to-moderate data for statistical and regulatory reporting solutions.Assists with data call requirements/filing forms for regulatory agencies and/or state insurance departments. Ensures required data is reported to reporting bureau accurately and timely and recommends corrective action when required.Stays current with statistical manuals, bureau filing requirements, statistical plans, data requirements, and regulatory reporting items (i.e. advanced knowledge IAIABC).Maintain, collect and compile the information required to be reported to regulators.Research, analyze and understand complex regulatory bulletins, circulars and data requests to complete data submissions.Ensure statistical information is complete and accurate.Develops, writes, and participates in testing scenarios based on analysis to business process or product changes. Participates in investigations and resolution of fines or inquiries from regulatory reporting bureaus.Assists in the design and development of new reporting processes and trains staff to maintain processing once implemented.
Qualifications
Associate degree in business or related field. Equivalent industry experience may be considered.3+ years of Property and Casualty insurance industry experience.Knowledge of commercial P&C insurance products and insurance department requirements and processes.Strong communication, analytical, and problem-solving skills.Prior experience with statistical plans, edit definitions, and submission processes highly desirable.Prior experience with ISO, NCCI, and independent state bureaus and analysis of circulars, regulations, and statutes highly desirable.
Compensation:Our compensation reflects the cost of labor across several U.S. geographic markets. The base pay for this position ranges from $70,200/year in our lowest geographic market up to $140,200/year in our highest geographic market. Pay is based on a number of factors including market location and may vary depending on job-related knowledge, skills, and experience.
Benefits:Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options. Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability, and to enroll in the Company’s Employee Assistance Program and other wellness initiatives. Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.#J-18808-Ljbffr