ISO Regulatory Reporting Analyst

Responsibilities

• Prepare, validate, and submit complex regulatory reports and data calls to various State Insurance Departments, regulatory bodies, and industry bureaus within established deadlines.
• Support statutory and regulatory reporting requirements related to premiums, claims, reserves, underwriting, and financial reporting.
• Ensure compliance with all applicable state insurance regulations, reporting standards, and filing requirements.
• Monitor regulatory changes and assess potential impacts on reporting processes and data requirements.
• Maintain reporting calendars and ensure timely completion of all regulatory deliverables.
• Extract, consolidate, validate, and analyze data from multiple source systems, databases, and reporting platforms.
• Utilize advanced Excel and analytical tools to manipulate large datasets and produce accurate regulatory reports.
• Conduct data reconciliations across underwriting, claims, finance, actuarial, and operational systems.
• Perform root cause analysis of data discrepancies and implement corrective actions to improve reporting accuracy.
• Identify reporting trends, anomalies, and opportunities for process improvement.
• Develop and maintain comprehensive process documentation, reporting procedures, and submission guidelines.
• Establish robust controls and validation checks to ensure data integrity and reporting accuracy.
• Document data extraction methodologies, transformation logic, and reporting workflows.
• Support audit requests and maintain evidence supporting regulatory submissions.
• Partner with Underwriting, Claims, Finance, Actuarial, Compliance, IT, and TPAs to gather reporting requirements and resolve reporting issues.
• Translate complex technical and regulatory requirements into business-friendly language for various stakeholders.
• Participate in regulatory reporting projects, system enhancements, and process improvement initiatives.
• Provide reporting insights and recommendations to leadership and business partners.
• Identify and proactively address data quality concerns impacting regulatory reporting.
• Implement process improvements to reduce manual effort, increase efficiency, and enhance reporting accuracy.
• Support automation initiatives and reporting transformation programs.
• Analyze downstream impacts of system, business, or regulatory changes on reporting obligations.
• Support ad hoc reporting requests, audits, regulatory examinations, and special projects.
• Aid management with strategic initiatives and other duties as assigned.

Qualifications

• Bachelor's Degree in Business, Finance, Accounting, Statistics, Data Analytics, Insurance, or a related field.
• 5+ years of experience in Insurance Regulatory Reporting, Statutory Reporting, Financial Reporting, or Insurance Data Analytics.
• Strong understanding of US Property & Casualty (P&C) insurance operations and regulatory reporting requirements.
• Experience working with state insurance departments, regulatory data calls, and insurance reporting frameworks.
• Experience handling premium, claims, reserve, underwriting, and policy-related reporting data.
• Advanced Microsoft Excel skills including: Pivot Tables, Advanced Formulas, Power Query, Data Validation, Complex Reconciliations.
• Strong data analysis and problem-solving capabilities.
• Experience working with large datasets and multiple source systems.
• Working knowledge of SQL, Tableau, Power BI, Alteryx, or similar analytical tools preferred.
• Strong documentation and process mapping skills.
• Understanding of insurance regulatory environments and reporting obligations.
• Knowledge of commercial insurance reporting processes preferred.
• Familiarity with statutory reporting concepts, NAIC reporting structures, and regulatory filing requirements is highly desirable.
• Strong analytical and critical thinking skills.
• Exceptional attention to detail and accuracy.
• Excellent written and verbal communication skills.
• Ability to manage multiple priorities and deadlines in a fast-paced environment.
• Strong stakeholder management and collaboration skills.
• Self-motivated with a proactive and solution-oriented mindset.
• Intellectual curiosity and willingness to challenge existing processes to drive improvement.
• Ability to work independently while contributing effectively within a team environment.
• Experience in Commercial P&C Insurance.
• Exposure to NAIC reporting, Schedule P, Statutory Reporting, Market Conduct Reporting, or Regulatory Data Calls.
• Experience supporting insurance carriers, MGAs, TPAs, or broker operations.
• Knowledge of reporting automation and data governance frameworks.
• Licenses such as Lean Six Sigma, CPCU, AINS, ARM, or related insurance certifications preferred.