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Jobs · Information Technology · New Jersey

Actuarial & Statistical Data Manager

MSIG USA · Warren, NJ · 1 mo ago
Information Technology$150k–$220k/yrFull-time

Position Summary

MSIG USA is a fast-growing specialty insurer focused on serving large, complex commercial clients with customized underwriting, claims, and risk management solutions. The Manager, Statistical Reporting & Insurance Analytics is responsible for leading a team of data and statistical reporting professionals in the delivery of actuarial, regulatory, operational, and business analytics.

Key Responsibilities

  • Lead the successful delivery of approximately 250 recurring statistical reports submitted to state regulatory agencies, rating bureaus, and other external entities.

  • Oversee both business-as-usual reporting and the migration of reporting requirements to newly implemented policy and claims administration platforms.

  • Manage relationships with external compliance reporting vendors, including Perr & Knight, to ensure accuracy, timeliness, and regulatory adherence.

  • Serve as the primary liaison between compliance vendors, business stakeholders, and technology teams for updates related to state taxes, fees, licenses, and regulatory requirements.

  • Ensure the quality and compliance of reporting submissions, including:

    • ISO Verisk Commercial Lines Reporting (CSP, SCP+, Financial Calls)
    • Statistical Agent Association (SAA) Reporting
    • National Council on Compensation Insurance (NCCI) Reporting
    • Independent Bureau Submissions
    • Excess & Surplus (E&S) Lines Reporting

  • Direct the development of new reports, dashboards, and analytical queries utilizing internal and external data sources.

  • Support actuarial pricing, reserving, underwriting, claims, financial analysis, and strategic business initiatives through advanced analytics and reporting.

  • Identify opportunities to improve reporting efficiency, enhance data accessibility, and automate manual processes where business value and return on investment justify implementation.

  • Partner with Data, Data Operations, and Technology teams to design and implement automated reporting solutions.

  • Promote best practices in data governance, reporting standards, and analytical methods.

Data Requirements, Systems Development & UAT Leadership

  • Serve as the Actuarial department's Subject Matter Expert (SME) for statistical reporting and data requirements.

  • Lead the definition, documentation, and validation of business requirements for new system implementations, enhancements, and break-fix initiatives.

  • Partner with Technology, Operations, and business stakeholders to ensure proper design and implementation of reporting solutions.

  • Manage User Acceptance Testing (UAT) activities related to policy and claims administration systems and regulatory reporting functions.

  • Support enterprise initiatives involving platforms such as: Guidewire, Solartis, Internally developed policy administration systems, Claims management systems.

  • Ensure reporting requirements are incorporated throughout system development and deployment lifecycles.

Regulatory Interaction & Industry Relations

  • Represent MSIG USA in interactions with regulators, statistical agents, bureaus, and industry organizations regarding statistical reporting matters.

  • Address reporting inquiries, issue resolution, and compliance reviews as needed.

  • Monitor regulatory developments and emerging reporting requirements impacting the organization.

Leadership Responsibilities

  • Lead, develop, and mentor a team of statistical reporting and data analytics professionals.

  • Cook up activities across onshore and offshore teams to ensure workload optimization and successful project execution.

  • Supervise vendor relationships and oversee deliverables from external service providers.

  • Foster a culture of continuous improvement, innovation, accountability, and collaboration.

Qualifications

  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, Data Analytics, Computer Science, Finance, or a related quantitative discipline required.

  • Advanced degree preferred.

  • 7+ years of experience in Property & Casualty insurance, actuarial, statistical reporting, analytics, or regulatory reporting functions.

  • 3+ years of people leadership experience managing analytical, reporting, or actuarial-related teams.

  • Experience working with regulatory reporting vendors and insurance bureaus.

  • Strong understanding of commercial insurance operations, policy administration systems, and claims systems.

  • Knowledge of insurance statistical reporting requirements and bureau submissions, including ISO, NCCI, SAA, Independent Bureaus, and E&S reporting.

  • Experience with Guidewire, Solartis, or similar policy administration platforms.

  • Strong analytical and reporting capabilities utilizing large data sets.

  • Experience with business intelligence and reporting tools.

  • Understanding of data governance, data quality, and reporting controls.

Salary

The estimated salary range for this position is $150,000.00 - $220,000.00 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

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