Statistical Reporting Analyst

Arch Insurance Group Inc.; New York (NY); On-site; USD 66,000 - 99,000; Full time

Benefits offered by this job

Medical plans

Dental coverage

Vision coverage

401k with matching

Paid time off

Job summary

Arch Insurance Group Inc. is seeking a Workers' Compensation Statistical Reporting Specialist in New York to ensure accurate and timely reporting of WC data to regulatory agencies, rating bureaus, and data collection organizations.

The role supports Arch's divisions by managing USR, MDC, IDC data calls and resolving data quality issues to stay compliant. You will collaborate with Claims Data Quality and IT, create documentation, and handle state-specific reporting obligations, surcharge

Qualifications

• Must have strong knowledge of the Workers' Compensation line of business.
• Familiar with USR and financial data call requirements.
• Proficient in MS Office; SQL, Excel, Word, PowerPoint.
• Excellent communication and customer service skills.

Responsibilities

• Create documentation to support WC data call reporting for all Arch divisions.
• Assist in MDC/IDC inquiries from data collection organizations.
• Address USR bureau criticisms and fix data anomalies with staff.
• Fulfill WC surcharge and assessment payment obligations.
• Develop process documentation for account renewals and Arch policies.
• Collaborate with Claims Data Quality and IT to resolve data issues.

Skills

Workers' Compensation knowledge

USR data calls

SQL

Excel

PowerPoint

Communication skills

Tools

SQL

MS Office

Excel

Word

PowerPoint

Job description

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility.

Position Summary

The Workers' Compensation Statistical Reporting Specialist is responsible for ensuring the accurate and timely reporting of Workers' Compensation data to regulatory agencies, rating bureaus, and industry data collection organizations. This role supports all Arch business divisions by managing financial data calls, Unit Statistical Reporting (USR), Medical Data Calls (MDC), and Indemnity Data Calls (IDC), while partnering with cross-functional teams to resolve data quality issues and maintain compliance with reporting requirements.

Responsibilities and Accountabilities

• Responsible for creating all necessary documentation to support aggregate financial and state-specific Workers' Compensation (WC) data call reporting for all of Arch's business divisions.
• Assist in the resolution of Medical Data Call (MDC) and Indemnity Data Call (IDC) inquiries received from the various data collection organizations.
• Assist in the resolution of Unit Statistical Reports (USR) bureau criticisms or other external inquiries. Work with staff to remedy any systemic data anomalies.
• Assist in the fulfillment of WC surcharge and assessment payment obligations.
• Create or enhance process documentation at an individual report level to ensure a seamless transition to new workflows upon account renewal on to Arch policies.
• Partner with neighboring departments such as Claims Data Quality and IT to address data issues that impact our ability to report data to regulators in a timely and accurate manner.

Required Skills and Abilities

• Must have a strong knowledge of the Workers Compensation line of business.
• Firm understanding of the various bureaus' USR and financial data call requirements.
• Intermediate to advanced competency skills with MS Office, including SQL, Excel, Word, and PowerPoint.
• Excellent communication and customer service skills.

Education and Experience

• A minimum of three to five years of experience in a Statistical Reporting unit, reporting on Workers Compensation experience via USR, Data Calls, MDC and IDC.
• Demonstrated knowledge of WC statistical plans and the various Data Quality Programs.

For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

$66,400 - $99,235/year

• Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.
• Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click here to learn more on available benefits.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn't the right fit but you're interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch's Talent Acquisition team.

14400 Arch Insurance Group Inc.