AVP, Statistical Reporting

Posted 2 Days Ago
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Jersey City, NJ
110K-160K Annually
7+ Years Experience
Financial Services
The Role
Responsible for all workers compensation reporting obligations for the middle market book of business, including policy and unit statistical reporting. Manage and submit all FROI/SROI data submissions. Lead efforts to streamline efficiencies and achieve capacity gains. Proactively work with stakeholders to address data quality issues. Ensure business segment data resides in proper sources.
Summary Generated by Built In

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℠.

AVP, Statistical Reporting – Workers Compensation

Job Responsibilities:

  • Responsible for all workers compensation reporting obligations for the middle market book of business including Policy and Unit Statistical Reporting, aggregate and individual state data calls, assessment/surcharge payments.

  • Responsible for management and submission of all First and Subsequent Report of Injury (FROI/SROI) data submissions via the Electronic Data Interchange.

  • Work with multiple parties to ensure that all statistically-reported data reconciles with amounts that were financially booked on the company’s annual statement.

  • Diagnose and propose remedies for process improvement opportunities in the department. Lead efforts to streamline efficiencies and achieve capacity gains to further optimize staff utilization.

  • Proactively work with stakeholders to address and rectify any data quality issues within the segment.

  • Liaison with IT to ensure that all business segment data resides in proper sources in the Arch environment, ultimately landing in the Data Stores.

Key Competencies

  • Must have a demonstrated ability to work independently as the need arises to resolve issues.

  • Must have a strong knowledge of the Workers Compensation line of business as well as the various bureau data requirements.

  • Demonstrated history of leading efforts to improve statistical reporting processes.

  • Competent with MS Office, including Excel, Word, PowerPoint.

  • Excellent communication and customer service skills.

Education and Experience

  • Bachelor’s Degree preferred

  • A minimum of at least 7 years of management experience in a Statistical Reporting unit, with main oversight over workers compensation reporting obligations.

  • Demonstrated knowledge of statistical plans and insurance premium and claims data.

#LI-Remote

#LI-Hybrid

#LI-AM3

For individuals assigned or hired to work in California, Colorado, Hawaii, Jersey City, NJ; New York State; and/or Washington State, the base salary range is listed below. This range is as of the time of posting. Position is incentive eligible.

$110,000 - 160,000

  • 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 range may be modified in the future

  • 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.

The Company
HQ: White Plains, NY
285 Employees
On-site Workplace
Year Founded: 2001

What We Do

Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda public limited liability company, writes insurance and reinsurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe and Australia, with a focus on specialty lines. Arch Capital Services LLC is owned by ACGL and provides corporate, legal and other support services to Arch Capital.

ACGL provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.

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