Regulatory Reporting Analyst

Reposted Yesterday
Be an Early Applicant
2 Locations
In-Office
54K-62K Annually
Junior
Insurance
The Role
The role involves monitoring Workers Compensation data, ensuring regulatory compliance, and assisting with policy inquiries while enhancing processes and training others.
Summary Generated by Built In

About the role

Regulatory Reporting is looking for a driven individual to assume a critical role within the Policy Reporting and Proof of Coverage (POC) Department.  Responsibilities include monitoring the timeliness & accuracy of our Workers Compensation data to Regulatory Organizations, identifying system issues, and assisting our internal & external customers with all Policy & POC inquiries.

Key responsibilities:

  • Identify disconnects, omissions, and errors in underwriting issuance and servicing processes to reduce carrier fines and insured penalties.

  • Interpretation and dissemination of Regulatory requirements/updates and their potential impacts on underwriting processes, issuance systems requirements.

  • Make recommendations on and assist in the coordination of systems changes to maintain data compliance/quality. Responsibilities include writing, testing, and implementing the new/updated requirements

  • Review U/W systems to confirm accuracy of submissions/issuances.

  • Facilitate communication, cohesion and resolution among underwriters, brokers, and insureds.  Attend broker meetings when necessary

  • Research and clear system and state returned errors from the reporting system in a timely manner by working with the Internal and External parties. Investigate, identify the root cause, and provide solutions for management.

Qualifications:

  • Strong analytical & excellent organizational skills

  • 1+ year of business experience. Insurance experience is a plus.

  • Proficient in Microsoft Office Suite

  • Strong verbal and written communication skills

  • Self-motivated, ability to multitask

  • Ability to streamline and automate existing processes

  • Work well both independently and as part of a team

  • Ability to work in a fast-paced environment

  • Ability to provide training and guidance

The base salary range for this position in NJ is $54,000 to $62,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview.

#LI-CY1

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.  If you believe you need a reasonable accommodation, please send an email to [email protected].  

Functional Area:

OP - Operations

AIG PC Global Services, Inc.

Top Skills

Microsoft Office Suite
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The Company
HQ: New York, NY
49,681 Employees
Year Founded: 1919

What We Do

We're a leading global insurance organization with operations in more than 80 countries and jurisdictions. We provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to support our clients in business and in life through our General Insurance, Life & Retirement and Investments business units.

What unites us across all of these offerings is our commitment to helping individuals, businesses and communities prepare for and respond to times of uncertainty. Whether serving those facing natural disasters or millions of Americans striving for a financially secure retirement, we have the specialist expertise to help clients better manage risk.

We’re also committed to doing the right thing for our people and the communities where we work and live. It’s why we seek to offer what matters to our ever-diversifying team - like flexible and creative work environments, professional growth opportunities and forums to advocate for one another and incite change. We encourage employees to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.

Join us as we share our stories from around the organization. #LifeatAIG

AIG Social Media Community Guidelines: https://www.aig.com/communityguidelines

Facebook: http://www.facebook.com/AIGInsurance
Twitter: http://twitter.com/AIGinsurance
YouTube: http://www.youtube.com/aig

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