Data Analyst Team Lead

Munich Re; Jersey City (NJ); Hybrid; USD 80,000 - 120,000; Full time

Job summary

A forward-thinking company seeks a Team Lead for its Statistical Reporting Department. This hybrid role involves overseeing reporting tasks, training analysts, and resolving complex data issues. The ideal candidate will have extensive experience in statutory reporting and a strong understanding of insurance principles. Join a diverse team dedicated to innovation and excellence in service delivery, where your contributions will make a significant impact in a supportive and inclusive environment.

Qualifications

• 7+ years of experience in statutory and regulatory reporting.
• Extensive knowledge of ISO, NCCI, and statistical reporting functions.
• Strong analytical and PC skills.

Responsibilities

• Coordinate Statistical Reporting tasks and quarterly submissions.
• Train team members on reporting processes and resolve data issues.
• Monitor errors and coordinate special projects as assigned.

Skills

Statutory and Regulatory Reporting

Data Management

Analytical Skills

Power BI

Excel Skills

Communication Skills

Time Management

Problem Solving

Tools

Power BI

Job description

We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients.

The Company

Munich Re Specialty - North America provides extensive, specialty property and casualty insurance solutions to customers through select brokers, Managing General Agents, program administrators, cover holders and insurtech partners. Products include: property, casualty, professional liability and other specialty insurance solutions. Our comprehensive, customized solutions are provided by A+ rated carriers and are tailored to clients’ needs. We offer superior service levels, industry-recognized underwriting and claims expertise and innovative approaches to complex and evolving risks.

Munich Re Specialty - North America is a description for the insurance business operations of affiliated companies in the Munich Re Group that share a common directive to offer and deliver specialty property and casualty insurance products and services in North America. For more information on Munich Re Specialty – North America, including licensing, regulatory-required, and other information on the operating companies, visit Munich Re Specialty - North America Disclosures

The Opportunity

Future focused and always one step ahead!

As an integral member of the Statistical Reporting Department in Service Delivery, the Team Lead- Statistical will have the ability to work independently and be responsible for the distribution of work assignments, training members of the team in all processes, address and resolve complicated issues with data, lead and coordinate special projects, and complete special assignments as requested by the Manager.

Responsibilities

Coordinate assignment of Statistical Reporting tasks including quarterly submissions, Annual Verification, payment of invoices and other statistical related functions.

Train Statistical Data Analysts in the quarterly submission process, Annual Verification process and other functions of the Statistical Reporting process.

Work with Team Lead for Data Calls to lend support when necessary and cross train Data Analysts on completion and submission of Data Calls.

Resolve complicated systems errors which are affecting the reporting process and handle any issues that the Data Analysts cannot resolve on their own.

Monitor errors and submit Work Items to IT to fix errors. This includes the writing of Requirement Documents and specifications, testing the fixes and providing final sign-off.

Coordinate and monitor to completion special projects as assigned utilizing the Data Analysts when needed to support project efforts.

Work independently and complete special assignments as delegated by the Manager

Qualifications

• At least seven years’ experience in statutory and regulatory reporting.

• Extensive knowledge of Bureaus- ISO, NISS, NCCI, TCLSP, SFAA and Statistical plans, Annual Verification processes and other statistical reporting functions.

• Excellent understanding of insurance coverage principles, in data management, reporting and analytics.

• Knowledge of Power BI or other data reporting systems with a willingness to experiment with and learn new technologies.

• Strong quantitative, analytical and PC skills.

• Ability to think strategically and function tactically under tight deadlines.

• Ability to complete work autonomously; highly self-directive

• Superior Excel skills

• Excellent written and verbal communication skills.

• Excellent consultative skills which can be deployed at any level of an organization, including creativity, emotional intelligence, adaptability and problem-solving skills.

• Excellent time management and organizational skills.

This position is based in Princeton, NJ-Hybrid.

At Munich Re, we see Diversity, Equity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.