Bureau Financial Reporting Analyst II

Posted Yesterday
Cleveland, OH, USA
Hybrid
Junior
Insurance • Financial Services
The Role
Handles financial, medical, indemnity, assigned risk pool, and title data call reporting for insurance bureaus and regulatory agencies. Analyzes and reconciles data, researches source systems, corrects policy-rating and claims-coding discrepancies, responds to bureau inquiries, documents procedures, and coordinates with underwriting, claims, finance, business, and IT teams.
Summary Generated by Built In
Overview

The Bureau Financial Analyst II is responsible for handling Financial Call reporting to the various WC bureaus and ISO data collection agencies. In addition, facilitate on the quarterly reporting of medical data call, indemnity data call, NCCI assigned risk pool reporting, and Title business. Responsibilities include analyzing and reconciling these data calls and any other related action needed to assure the accuracy of the data. This may require researching the source systems and working with the Bureaus. Analyze and document existing procedures for the financial data call reporting. Manage work assignments independently and meet prescribed target dates with quality deliverables. Interaction with the Business Segments, claims, financial, Unit Stats and IT functions. Maintains a solid understanding of AmTrust’s mission, vision, and values. Upholds the standards of the AmTrust organization.

Responsibilities

· Complies and reports data in accordance with governing regulatory agencies and/or independent state bureaus and company procedures by reviewing financial records and other relevant materials. Assists in handling and clearing bureau inquiries

· Identifies, researches, and corrects policy-rating or claims coding discovered during the data reporting process. Works to resolve reporting discrepancies and disputes of the highest complexity.

· Point of contact for assigned data calls and communicates collaboratively with bureaus, underwriters, and claim adjusters.

· Keeps current with market trends and demands.

· Performs other functionally related duties as assigned

Qualifications

Required:

· 2+ years’ experience reporting of insurance, finance, or banking

· Excellent written, verbal, and interpersonal communication skills

· Demonstrated proficiency with Microsoft Office Suite

· Strong organizational, analytical, customer service and interpretive skills.

· Ability to effectively multi-task and work in a fast-paced, team-oriented environment


Preferred:

· Bachelor’s or Associates Degree This job description is designed to provide a general overview of the requirements of the job and does not entail a comprehensive listing of all activities, duties, or responsibilities that will be required in this position. AmTrust has the right to revise this job description at any time.


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What We Offer

AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.


AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.


AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.

Skills Required

  • 2+ years of experience reporting in insurance, finance, or banking
  • Excellent written, verbal, and interpersonal communication skills
  • Proficiency with Microsoft Office Suite
  • Strong organizational, analytical, customer service, and interpretive skills
  • Ability to multitask effectively in a fast-paced, team-oriented environment
  • Bachelor's or Associate's degree
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The Company
HQ: New York, NY
4,104 Employees
Year Founded: 1998

What We Do

AmTrust Financial Services, Inc., through its subsidiaries, operates as a multinational property and casualty insurance company. Founded in 1998 to provide workers’ compensation insurance to small businesses in the United States, the company now operates in three segments around the globe: Small Commercial Business Insurance, Specialty Risk and Extended Warranty, and Specialty Middle-Market Property and Casualty Program Insurance.

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