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Senior Regulatory Reporting Specialist
biBerk Business InsuranceSenior Regulatory Reporting Analyst handling regulatory compliance for insurance reporting. Collecting data, preparing submissions, and interacting with rating bureaus across state departments.
About the role
Key responsibilities & impact- The Senior Regulatory Reporting Analyst works within the regulatory reporting department and is involved in the day-to-day management of compliance within the insurance regulatory systems.
- Collecting data from various company systems
- Preparation of data for submission to rating bureaus or state departments of insurance, which includes: scanning data for errors, communication with other departments within the company regarding any issues, preparing a final data file, proposing changes to prevent future errors from occurring
- Submission of data to rating bureaus or state departments of insurance
- Interaction with rating bureaus or state departments of insurance including: responding to questions about the data, retrieving Error Reports from the insurance bureaus websites, fixing errors found by the rating bureaus, departments of insurance, or as requested by management
- Liaison between all third parties involved in the THREE WCPOLS reporting process to ensure issues are resolved (this includes knowledge of the systems of record used by THREE)
- Provide guidance to other team members for processing WCPOLS, WCSTAT reporting and corrections to NCCI and all state bureaus and agencies.
- Display leadership in helping to educate other Team Members by demonstrating examples of how to solve a problem (don’t just tell them what to do—show them how to do it)
- Ensure all departmental procedures are up to date
- Assist in the generation of management reports, as needed
- Other duties, as required
Requirements
What you’ll need- Proficiency in Microsoft Office applications, specifically Excel (apply/remove filters and sorting data is critical)
- A bachelor’s degree in Math, Economics, Finance, or other quantitative degree preferred; relevant experience may be considered in lieu of a related degree
- An obsession with detail and inability to let problems grow, regardless of their magnitude
- Willingness to perform additional duties, as required
- Ability to follow instructions (training will be provided)
- Ability to communicate effectively with peers and management
- Ability to multi-task with multiple systems/applications open simultaneously
- Demonstrates the need to ask questions for clarity when something isn’t clear.
Benefits
Comp & perks- Medical (PPO/HDHP), vision, disability, and life insurance.
- Enhanced dental plan with orthodontia coverage in addition to a standard plan.
- Generous PTO plan for all benefit-time eligible employees.
- Paid company holidays and 4 floating holidays.
- Paid parental leave.
- Employee Retirement Savings Plan/401(k) with company match and immediate vesting.
- Education Assistance Program that offers 100% upfront tuition reimbursement after 6 months of service for approved degree programs.
- Service Recognition Program that provides a monetary award to be used toward a vacation every 5 years of employment.
- Wellness Initiatives that include Fitness Center and Weight Watchers Reimbursement programs.
- Voluntary benefits that include accident, critical illness, and hospital indemnity.
- Employee discount and rewards program on travel, tickets, electronics, home, and more.
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
data collectiondata preparationerror scanningdata submissionWCPOLS reportingWCSTAT reportingNCCI correctionsmanagement reportingMicrosoft Excelquantitative analysis
Soft Skills
attention to detailproblem-solvingcommunicationleadershipteam guidancemulti-taskingclarity seekingadaptabilitycollaborationinstruction following