Statistical Analyst I

Posted 2 Days Ago
Be an Early Applicant
Hiring Remotely in IN
Remote
47K-65K Annually
Junior
Fintech • Insurance
The Role
The Statistical Analyst I performs data extraction, analysis, and reporting on insurance-related data, ensuring quality and compliance with industry standards.
Summary Generated by Built In

At EMC, we’re all about working together to make an impact. As part of our team, you’ll have the opportunity to grow, contribute, and gain experience that matters. We strive to be caring leaders, close partners, and responsive experts—always supporting each other to do our best work. Join us, and let’s improve lives together.

  

**This job is fully remote and can be located anywhere in the U.S.**

Essential Functions:

  • Performs basic data extractions using EMC data files and writes specifications to the Strategic Analytics Department to obtain data

  • Gathers documents for market conduct exams from policy and imaging systems and external websites

  • Gathers and submits data reports for National Council in Compensation Insurance (NCCI) and independent states

  • Reviews and analyzes basic data requests from within and outside EMC involving premium, loss, and accounting data

  • Analyzes requests and determines the most suitable way to submit data

  • Verifies data using available data extraction tools such as Excel and SQL

  • Performs audits to ensure data quality. Documents and reports discrepancies

  • Reconciles statistical data to financial data and investigates and corrects discrepancies

  • Analyzes and corrects errors and explains data irregularities to insurance reporting bureaus or states

  • Communicates with corporate office teams and branches on procedures, corrections, and training to support systems

  • Requests system changes

  • Contacts bureaus, such as NCCI or Insurance Service Office (ISO) and states to ask questions related to reports with guidance

  • Partners with outside vendors to answer questions and resolve issues

  • Monitors state websites for updates regarding industry changes, new reporting requirements, and data reporting deadlines

  • Maintains documentation of data requests and logs of data submissions. Monitors systems to ensure that all submission guidelines are met

  • Provides backup to team. Reviews and enters payments in the accounts payable system and Workday.

Education & Experience:

  • Associate degree, preferably in a math, finance, accounting, business, or related field or equivalent relevant experience

  • One year of experience in property and casualty insurance

  • Bachelor’s degree may be considered in lieu of the insurance experience requirement

  • Data reporting experience preferred

Knowledge, Skills & Abilities:

  • Basic knowledge of insurance terminology preferred

  • Good quantitative skills and math abilities

  • Proficiency in Excel functions and formulas

  • Basic SQL skills

  • Good attention to detail

  • Good verbal and written communication skills

  • Basic analytical and problem-solving skills

  • Ability to work independently and as part of a team

The hiring salary range for this position will vary based on geographic location, falling within either of the following:

$46,990 - $64,911 or $51,927 - $64,911

A hiring range represents a subset of the full salary range. The actual salary will depend on several factors, including relevant education, skills, and experience of an applicant, geographic location, and business needs.



For information relating to the benefits EMC Team Members receive as part of a comprehensive rewards package, please visit www.emcins.com/careers.

Our employment practices are in accordance with the laws that prohibit discrimination due to race, color, creed, sex, sexual orientation, gender identity, genetic information, religion, age, national origin or ancestry, physical or mental disability, medical condition, veteran status, active military status, citizenship status, marital status or any other consideration made unlawful by federal, state, or local laws.

All of our locations are tobacco free including in company vehicles.

Top Skills

Excel
SQL
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The Company
HQ: Des Moines, IA
1,794 Employees
Year Founded: 1911

What We Do

EMC Insurance Companies is among the top 60 insurance organizations in the country based on net written premium, and we have more than 2,500 employees. The company was organized in 1911 to write workers’ compensation protection in Iowa. Today, EMC provides property and casualty insurance products and services throughout the United States and writes reinsurance contracts worldwide. Operating under the trade name EMC Insurance Companies, Employers Mutual Casualty Company and one or more of its affiliated companies is licensed in all 50 states and the District of Columbia.

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