Senior Statistical Reporting Specialist Job at XL Catlin
The Regulatory Operations Department is committed to bringing together Service, Data, Compliance and Quality Support for all Operating Business Units of AXA XL. As part of the Regulatory Operations Department, the Statistical Reporting Team maintains the compliance of AXA XL Insurance with the Statistical Organizations of the industry as it pertains to mandatory reporting of Property & Casualty (P&C) business.
All P&C insurance companies, including AXA XL Insurance, must comply with the data reporting mandates of the Statistical Organizations. The Statistical Reporting Unit ensures ongoing statistical reporting compliance for each of the U.S. based P&C companies and therefore all Operating Business Units utilizing these papers, and submits statistical data to National Council on Compensation Insurance (NCCI), as well as all independent WC Rating Bureaus for the purpose of ratemaking and experience rating, according to the requirements and timelines they prescribe.
The Senior Statistical Reporting Analyst is responsible for effectively extracting/collecting, preparing and submitting statistical data to the National Council on Compensation Insurance (NCCI), as well as all independent WC Rating Bureaus on a monthly basis within required timeframes and according to the specifications set forth by the Statistical Organizations for reporting. Under the guidance/support of the Manager, involved in various Statistical Reporting related projects.
- Ensures statistical reporting compliance for each US-based P&C company of XL Insurance, to include all direct admitted U.S. and Puerto Rico business writing Workers Compensation
- Extracts and collects statistical data from WINS AS400
- Responds to inquiries from the Statistical Organizations requesting clarification on data submitted to their office as well as internal inquiries regarding statistical reporting rules in a timely manner.
- Assists the Statistical Reporting Team in support efforts for new business initiatives of AXA XL.
- Implements effective and useful reports and processes to aid in improvement of data quality.
- Proactively identifies areas for development and implements revisions and automation to internal statistical reporting processes for gained efficiency and greater throughput..
- Supports Regulatory Operations miscellaneous projects as requested
- Meets all deadlines imposed by the Statistical Organizations as well as AXA XL management in consideration of possible penalties for late/inaccurate reporting.
- With Manager’s guidance, involved in various aspects of Statistical Reporting related projects. This may include communicating/interactions with various AXA XL departments including but not limited to IT, business units, Data Integration.
- There is a high level of decision making in this position. The Senior Statistical Reporting Analyst is expected to compile reports with independence, and must demonstrate thorough research, logical approaches, and good judgment in making decisions in this position.
- The Senior Statistical Reporting Analyst will interact with the Statistical Organizations, XL’s Business Units, Premium Audit and Claims TPAs on a daily basis via e-mail, telephone and in person.
- The Senior Statistical Reporting Analyst will prepare reports that contain proprietary business and client information which if disclosed publicly could cause injury to our company’s competitive position.
- Bachelor’s degree in business accounting or finance, or similar, from a four year college or university, or equivalent business experience required
- Excellent analytical and logic skills
- Proven ability to problem-solve independently, as well as work in a team environment
- Ability to multi task and work in an environment imposed by stringent reporting deadlines
- Strong teamwork and interpersonal skills, demonstrating both strong written and oral communication skills
- Keen professional interpersonal skills required for establishing and maintaining effective working relationships with co-workers, management, and external regulatory bureaus
- Strong computer skills and knowledge of Microsoft products, specifically Outlook, Word, and Excel required.
- Detail oriented, thorough organized and flexible
- 3+ years of Workers Compensation insurance experience, or substantive meaningful related work experience preferred
- 3+ years’ experience in a technical position in a statistical or financial reporting area preferred
FIND your future
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.
How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business property, casualty, professional, financial lines and specialty.
With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.
Learn more at axaxl.com
Inclusion & Diversity
At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It’s about helping one another — and our business — to move forward and succeed.
Our enterprise I&D mission is to become the most inspiring company to work for. We’ll achieving this through our three areas of focus:
- Drive an Inclusive Culture—create a global workplace that works for everyone, with a culture that values all individuals, backgrounds and ideas, and where every colleague feels safe, valued and respected.
- Diversify Our Workforce—increase the representation of women in leadership, achieving 50% by 2023, and focus on underrepresented populations by region, positioning AXA XL as an employer of choice for all talent.
- Support Our Marketplace & Communities—support our communities and visibly and thoughtfully champion equity around the globe.
Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.
Corporate Responsibility
At AXA XL our approach to corporate responsibility (CR) is the same as our approach to business; constantly seeking to provide innovative solutions to the world’s most complex problems. From offering our expertise, products and services to help build more resilient communities, to advancing understanding and response to climate change, our strategy – Our Impact. Our Future. – aligns key issues that are pertinent to our business – climate, water and financial resilience - and contributes to AXA Group’s purpose to “Act for human progress by protecting what matters.”.
- Climate: We’re reducing our carbon footprint, protecting ecosystems and exploring how our business can help build a better world.
- Water: We’re developing water resilience where it is — and will be — needed most.
- Financial resilience: We’re helping create opportunities for the unemployed and underemployed, so they can be better prepared for unexpected changes.
- Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as our “Hearts in Action” programs.
For more information, please see the Corporate Responsibility section on our website.
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