Statistical Reporting Analyst, Workers' Compensation
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Statistical Reporting Analyst, Workers' Compensation

Join to apply for the Statistical Reporting Analyst, Workers' Compensation role at Ascot Group

Statistical Reporting Analyst, Workers' Compensation

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Job DescriptionThis is an opportunity to join Ascot Group - one of the world's preeminent specialty risk underwriting organizations.

Job DescriptionThis is an opportunity to join Ascot Group - one of the world's preeminent specialty risk underwriting organizations.Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we are bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric.Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world class service — both pre- and post-claims. Ascot exists to solve for our clients' brightest tomorrow, through agility, collaboration, resilience, and discipline.Job SummaryAscot is seeking a Statistical Reporting Analyst to join the Reporting, Quality & Control Team in supporting the company's Workers' Compensation Statistical Reporting requirements. The Analyst will oversee data submissions to the NCCI and State Bureaus, research and complete corrections to state criticisms as needed, review circulars and work with IT to implement necessary system improvements and assist with new product/program launches. The successful candidate will have an in-depth understanding of the insurance industry and be a creative problem-solver with skill for navigating systems and an eye for detail.Responsibilities And Duties

• Responsible for managing the Workers' Compensation Statistical Reporting workflow, including monitoring and correcting errors and criticisms received for our Indemnity Data Calls, Unit Stat, and WCPols filings.
• Aid the Workers' Compensation Claims Department with FROI/SROI, indexing, and Medicare reporting as needed.
• Monitor our NCCI “report card” to ensure compliance and timeliness.
• Review and catalog all circulars received from NCCI and the State Bureaus. Work with the IT team to implement necessary systems updates to meet these new data reporting requirements.
• Maintain data and system requirements and assist with the implementation of new product/program launches for our Workers' Compensation platform.
• Review, reconcile, and submit financial data to our third party vendor to complete annual Financial Data Calls.
• Gain a strong understanding of business processes by leveraging standardized workflows and compliance guidelines.
• Communicate with internal and external partners to collect and reconcile data.
• Test systems to locate possible errors, conduct root cause analysis, and provide recommendations.
• Conduct data analysis and manipulation.
• Identify areas for improvement and create and implement solutions when needed.
• Provide support for other areas within the Reporting, Quality & Control group, including Statistical Reporting for other lines of business.
• Ensure all work is processed accurately and according to Service Level Agreements.
• Provide other ad hoc reports and other data-related requirements as requested.
• Some US travel may be needed.

Qualifications

• 3-5 years' experience in the insurance industry
• Workers' Compensation knowledge is required
• Knowledge of Statistical Reporting to NCCI and the State Bureaus is required
• Bachelor's degree required or equivalent work experience.
• Demonstrates effective verbal, written, and listening communication skills.
• Provides service excellence to internal and external partners, delivering an experience that exceeds the customer's expectations.
• Takes ownership and responsibility for performance and results.
• Able to collaborate in situations when actions are interdependent, and a team is mutually responsible for producing desired results.
• Strong time management, organizational and communication skills.
• Strong knowledge of Microsoft Suite applications, i.e., Word, Excel, PowerPoint
• Some level of programming knowledge is preferred (e.g. Python, R, DAX/Power BI, etc.)

***This position may be filled at a different level, depending on experience***CompensationActual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot's total compensation package for employees. Other rewards may include an annual cash bonus and other forms of discretionary compensation awarded by the Company.The salary range for this position is $65,000-$80,000Company BenefitsThe Company provides a competitive benefits package that includes the following (eligibility requirements apply):Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and moreLeave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)Retirement Benefits: Contributory Savings Plan (401k)

Seniority level

• Seniority levelMid-Senior level

Employment type

• Employment typeFull-time

Job function

• Job functionResearch, Analyst, and Information Technology
• IndustriesInsurance

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