Analyst Insurance Job Description
Analyst insurance
provides general external customer support related to the payment of taxes and insurance and the annual analysis that includes taxes, insurance and/or mortgage insurance premium.
Analyst Insurance Duties & Responsibilities
To write an effective analyst insurance job description, begin by listing detailed duties, responsibilities and expectations. We have included analyst insurance job description templates that you can modify and use.
Sample responsibilities for this position include:
Programming experience with SAS and other statistical software like R
Processing of premium and claims data from distributors, cedants and TPA's into the ledgers
Reconciling relevant balance sheet accounts
Analysing results
May prepare and review compliance reports for management
Responsible for expense forecasting and analysis
Completion of monthly management accounts
Involvement in the project capital expenditure decisions
Calculation of Key expense ratios
Provision of local business support across in-house departments
Analyst Insurance Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Analyst Insurance
List any licenses or certifications required by the position: IIBA, LOMA, TSA, CPCU, ARM, AINS, CIC, CRM, RMIS, CIP
Education for Analyst Insurance
Typically a job would require a certain level of education.
Employers hiring for the analyst insurance job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Business, Finance, Accounting, Education, Management, Economics, Mathematics, Statistics, Computer Science, Business/Administration
Skills for Analyst Insurance
Desired skills for analyst insurance include:
Consumer finance industry
Mortgage
Servicing insurance
Insurance
SQL
R
Adhere to Flagstar’s internal compliance policies and procedures
Insurance accounting and financial statements
MS Office
Advantage
Desired experience for analyst insurance includes:
Active involvement in the supporting commentary on the variances against plan and prior year expenses
Display an ability to interpret and articulate complex financial processes
To define the objectives and format, and control the change requests
Creating 'self-service' tools (eg
Working closely with members of the Product Development team and the external consulting actuaries
Review Liability calculations on a quarterly basis
Analyst Insurance Examples
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Analyst Insurance Job Description
Job Description Example
Our company is growing rapidly and is looking for an analyst insurance. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for analyst insurance
- Communicate and problem solve with senior and upper level management in multiple areas of the Corporation regarding complex insurance and potential risk issues
- Business & Technology BA experience
- Translating form technology to the business
- Translating between business and technology
- Facilitates the implementation of models through internal and external data/model/algorithm specifications
- Processes varied and complex data for modeling both from internal and external sources
- Provides high quality ongoing customer and sales support
- Assesses post implementation metrics on the success of projects
- Assures compliance with regulatory and privacy requirements
- Provides thought leadership in the continued development of knowledge, statistical analysis methods, software, data sources and skills to improve quantitative solutions by providing brainstorming, peer review, and the sharing of ideas from projects
Qualifications for analyst insurance
- Should be comfortable working on MS Excel (incl
- Ongoing monitoring and timely analysis of risk ratings, exposure for assigned clients and compliance with terms and conditions, ensuring adherence to all aspects of prevailing credit policy
- Implementing pricing and margin strategies
- Design, analysis and recommendations of product features (fees/charges, remuneration and incentives)
- Continuous improvement process initiatives
- Product and offer pricing
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Analyst Insurance Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of analyst insurance. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for analyst insurance
- Support business areas for certification of insurance and auto ID requests, reviewing agreements with regard to appropriate coverage or business requirements
- Support audits for financial reporting and insurance policy reviews including analyzing and preparing supporting documentation
- Quarterly financial reviews
- Works on tasks involving business analysis, process design, and problem determination and resolution
- Creates business requirements documents for systems upgrades, fixes, and enhancements
- Partners with Project Manager(s) on high priority projects to drive the projects to successful conclusion assisting where needed
- Execute and maintain reports for external clients
- Obtain underwriting information submitted on behalf of the company and determining insurable interest the company has in a claim
- Serve as liaison between business partners and IT team, while advocating for business objectives
- Research and resolve complex problems to assist in process improvement
Qualifications for analyst insurance
- Excellent Microsoft Office Software skills required (Word, Excel, Project and Powerpoint)
- Ability to communicate effectively, establish working business relationships, and present business solutions and options to internal stakeholders and external customers
- Undergraduate degree preferably in a business related field
- Demonstrate sound working knowledge in B&S industry or its sub-sectors by delivering industry insights
- Demonstrate strong writing skills as required for thought leadership reports
- Support in designing research proposal and formulating research plan
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Analyst Insurance Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of analyst insurance. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for analyst insurance
- 10% On property damage claims and general liability claims, work extensively with Commerce personnel, broker and carrier to insure that the claim is resolved in a timely manner
- Responsible for rating & management of new-hires, re-enrollment & renewal activities, to include Customer Direct
- Assist Financial Officer in the development of the monthly reporting package by leading the process development, tracking and reporting, taking first pass at all monthly, semi-annual and planning analytics
- Conducts special studies to analyze complex financial actions and prepares recommendations for policy, procedure, control, or action
- Analyzes financial information to determine present and future financial performance, identifying trends and recommending improvements accordingly
- Participates in the preparation of studies, reports, and analyses in areas such as budgets, forecasts, financial plans, governmental requirements, statistical reports, cash flow projections, and business forecasts
- To manage an allocated client workload to identify and resolve software issues
- To engage with clients to understand the issue and associated processes in order to identify the appropriate solution
- To visit client site when required to undertake business analysis to understand areas for improvement and product expansion, this may include some international travel
- Manage and process TPA funding requests, verifying and documenting they are in line with CSIs and SOX requirements
Qualifications for analyst insurance
- Experience working with US clients and teams is a plus
- Willingness to travel (primarily US)
- Ability to assess the risks of various solution options to different options working with the solution delivery teams
- Accurately translates business requirements into functionality
- Understands business process complexity and translates into effective work units
- Can listen to and understand technological constraints
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Analyst Insurance Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of analyst insurance. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for analyst insurance
- Assist project team with functional design including high level UI design
- Coordinate and support training
- Good listener – must be able to fully understand business requirements and concerns and communicate to design team
- Assist in the investigation and resolution of day-to-day production issues
- Work with Implementation Team and Customer to coordinate business configuration
- Oversee the monitoring of Assessment and Surcharge circulars and bulletins, initiate company action and notification and accurate implementation of any changes
- Completion of Tax Assessment and Surcharge Reports (including payments, if required) verifying accuracy of charges
- Monitor Surcharge Rate changes and maintain Master Surcharge spreadsheet
- Accurate and timely completion of Surplus Lines Reports
- Support changes and updates to Surplus Lines Reporting and coordinate with Operations to ensure completeness and accuracy of policy and agency entries into the Surplus Lines Data Base
Qualifications for analyst insurance
- Possesses solid business knowledge in the life insurance industry
- Good understanding of life insurance market, competitors and the legislative and compliance environment
- College degree with major in Finance, Accounting
- Determine the relevant payment tool for all local payments (APU, TPS, IMAGE Kiosk )
- Coordinate the receipt of invoice
- Validate the amount of premium (either through Broker or CHQ RIM)
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Analyst Insurance Job Description
Job Description Example
Our innovative and growing company is looking for an analyst insurance. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for analyst insurance
- Serve as a liaison between the business and technology teams
- Verify that the implemented solution meets the requirements
- Analyze and interpret business requirements into functional requirements and specifications that have an appropriate level of detail suitable for use by the technology teams
- Solicit business requirements using walk-through, document analysis, storyboards, use case scenarios, business analysis, task and workflow analysis
- Write clear and concise requirements ensuring that requirement statements are complete, consistent, concise, comprehensible, feasible, unambiguous, and verifiable
- Support business and technology teams to ensure key deliverables are met in an accurate timely manner
- Assist in the troubleshooting of problems and issues
- Interface with business teams to understand business requirements, and pain points that can be aided by business solutions, reports, and analytics
- Works with technology teams to identify and retrieve data, including client and policy level information
- Execute on various requests and requirements by sourcing raw data from multiple databases, tables and systems
Qualifications for analyst insurance
- Fluency in English aswell as another European language is preferred given the companies international presence
- Having a analytical mindset which would be further complemented with a degree in Maths, Finance or indeed Accounting
- Advanced knowledge of excel and Microsoft office products
- Experience working with business partners to lead the development of functional business requirements
- Create business and functional requirements, document operational workflows, test plans, training materials, roadmaps, user acceptance testing
- Full understanding of business analyst role within SDLC and Project management processes