Actuarial & Statistical Data Analysts
MSIG USA · Warren, NJ · 1 mo ago
Information Technology$70k–$90k/yrFull-time
Key Responsibilities
- Develop, validate, and deliver components of MSIG USA's approximately 250 recurring statistical reports submitted to state regulatory agencies, rating bureaus, and industry organizations.
- Cover ISO Verisk Commercial Lines Reporting (CSP, SCP+, Financial Calls), Statistical Agent Association (SAA) Reporting, National Council on Compensation Insurance (NCCI) Reporting, Independent Bureau Reporting, and Excess & Surplus (E&S) Lines Reporting.
- Carefully coordinate reporting activities between internal stakeholders and external compliance reporting vendors, including Perr & Knight.
- Support both ongoing business-as-usual reporting requirements and the migration of statistical reporting processes to new policy and claims administration systems.
- Serve as a liaison between regulatory reporting vendors and technology teams to ensure accurate maintenance of state taxes, licenses, fees, and reporting requirements within policy administration systems.
- Review statistical reporting output for accuracy and completeness prior to submission.
- Submit data to appropriate regulatory agencies and bureaus, investigate reporting exceptions, and resolve data validation errors.
- Maintain reporting control logs and documentation to ensure compliance with reporting deadlines and regulatory requirements.
- Perform resubmissions as necessary until reports are accepted by external reporting entities.
- Contribute to MSIG USA's ongoing analytical transformation through automation and system enhancement initiatives.
- Develop new reports, analytical models, and data queries utilizing internal and external data sources.
- Support actuarial, underwriting, claims, finance, and management teams with data-driven insights that contribute to profitability, growth, and operational effectiveness.
- Aid in pricing, reserving, underwriting, claims, credit, and financial analysis initiatives.
- Identify opportunities to improve reporting efficiency and data accessibility.
- Collaborate with Data Management, Data Operations, and Technology teams to automate manual reporting processes and enhance reporting capabilities where business value and return on investment are demonstrated.
Qualifications
- Education: Bachelor's degree in Actuarial Science, Statistics, Mathematics, Economics, Data Analytics, Computer Science, Finance, or a related quantitative field required.
- Progress toward professional actuarial designation is a plus.
- Experience: 3–7 years of experience in Property & Casualty insurance, actuarial support, statistical reporting, regulatory reporting, insurance analytics, or a related analytical discipline.
- Experience working with insurance data, reporting systems, and regulatory reporting requirements.
- Experience supporting system implementations, data projects, or reporting automation initiatives preferred.
- Technical Skills: Experience querying and analyzing large datasets using SQL or similar tools.
- Strong Microsoft Excel skills, including advanced functions and data analysis capabilities.
- Knowledge of Property & Casualty insurance operations, policy administration systems, and claims systems.
- Familiarity with statistical reporting requirements, regulatory reporting processes, and insurance bureau submissions.
- Experience with reporting, business intelligence, or data visualization tools preferred.
- Exposure to Guidewire, Solartis, or similar policy administration systems preferred.
Salary
The estimated salary range for this position is $70,000.00-90,000.00 per year. This is a good-faith assessment of the salary range for this position only. In determining the actual salary within this range, MSIG USA will consider a candidate’s relevant experience, location, and other job-related factors.
Additional Benefits
- Healthcare and Retirement Benefits: Comprehensive medical, dental, and vision coverage, 401(k) with a generous employer match and profit-sharing contribution, wellness incentive program, life and accidental death and dismemberment (AD&D) insurance, flexible spending programs, short-term and long-term disability plans, additional benefit programs, paid time off program, paid charitable leave, paid parental leave, tuition reimbursement program, personal insurance (auto/homeowners) discounts.