Whitehouse Station, NJ
4 days ago
Statistical Analyst

Statistical Analyst

This position is responsible for the preparation and submission of non-workers compensation data calls to the appropriate regulatory authorities including reconciling data calls to Statutory Page 14 and transaction level reporting to statistical agents.  Also, responsible for implementing external statistical plan changes including initiating contact with the proper internal areas, providing requirements and analyzing test data.  This position will also assist in the in the project to source all transaction level reporting and data calls from Atlas including the monitoring, analysis and corrective action of transaction level data errors and/or suspense items.  The ability to manage multiple priorities within strict time constraints and identify and prioritize workloads is required.  In addition, this position includes identifying data quality deficiencies, and the underlying causes, and initiate corrective action which can result in greater cost effectiveness, improved management information and/or conformance to established data quality standards. When necessary, research and response to statistical agent data inquiries will be required.   

Key Accountabilities Include:

Responsible for the preparation and submission of data calls to various regulatory authorities including but not limited to various Departments of Insurance, Department of Treasury, Statistical Agents and Comprehensive Associations.    Responsible for the reconciliations of all data calls with CHUBB Financial  Evaluate data call criteria for changes and implement where needed. Review any new data call or transaction level requirement in conjunction with team and management. Take the initiative to advise management when new requirements are needed and what process is going to be followed to complete these new requirements. Monitor changes within the company regarding new business, new systems, or other changes that might impact the reports and/or transaction level reporting Proactively manage, analyze and respond to issues and inquiries raised by the various regulatory authorities driving the results to conclusion. Work with the various CHUBB units (i.e., Actuarial, Finance, Claims Regulatory Affairs, Compliance, IT) as required to obtain required information in the preparation of the data calls, transaction level reporting and/or responses to regulatory authorities inquiries and issues. Ability to write and run data extracts from the various ACE systems to support the preparation and/or reconciliation of data calls. Working with minimal supervisory guidance to understand required process and state specific learning. College degree and/or 5-10 years’ experience in Regulatory Reporting required. Work experience in Finance environment.Advanced knowledge of Excel, Word, Microsoft Access, Cognos, SQL, QlikView and various extract tools required. Project Management experience. Advanced analytical ability in a data intensive environment. Methodical and thorough. Be able to work independently with minimal supervision. Excellent interpersonal skills. Ability to communicate and negotiate with external agencies (e.g., Statistical Agents and Insurance Departments). Problem ownership and personal responsibility of assigned work. Ability to identify and prioritize dependencies, work effort, and deadlines. Excellent time management skills required. Strong work ethic.    Experience in a customer service environment solving complex problems and diffusing customer anxiety. Experience in process review and documentation. Knowledgeable in Property and Casualty Insurance. Comfortable interacting with multiple levels of management and peers.
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