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Markel · 2 months ago

Senior Business Analyst - State National

Bedford TX

Full-time

Hybrid

Mid, Senior Level

3+ years exp

Markel is a Fortune 500 company that provides insurance, reinsurance, and investment operations worldwide. The Senior Business Analyst will be responsible for managing complex programs, analyzing contracts, and collaborating with various teams to ensure accurate reporting and efficient processes within State National's Program Services.

Insurance

No H1B

Responsibilities

Responsible for managing a number of complex programs, including analyzing the underlying contracts for pertinent details and creating plans to properly account for each

These complex programs do not fit neatly into the current systems and processes. As a result, the senior must also analyze the program reporting provided (vs. using a standard template), collaborate with both the reporting entities as well as internal parties (Management, Legal, Specialty Programs and Client Services) to develop processes and reporting by which to accurately record, analyze and monitor the program’s business

Collaborate with management and IT to design and implement system enhancements by which to accommodate the evolving complex nature of the program business

Work closely with assigned program managers and other functional areas (i.e. Client Services, Actuarial, Compliance, Legal, Reinsurance, and Finance) to resolve issues and support achievement of business goals

Perform trend and fluctuation analysis on all underwriting data related to assigned programs

Mentor analysts and technicians and collaborate with teammates to identify, design, and implement process improvements for greater efficiency and effectiveness

Adhere to all SOX controls and maintain and follow all department processes and procedures

Responsible for ad-hoc requests and other strategic and business projects as they arise

Leads internal and external audit review, as needed

Oversees/leads systems integration and testing as needed

Perform account reconciliations including identification and remediation of all issues in compliance with SOX control requirements

Send and monitor receipt of special reporting requests (Statutory, Premium Tax, Schedule P, Audit, Assessments)

Proficient with reinsurance contract language pertaining to accounting contractual requirements, as applicable

Qualification

Insurance accountingReinsurance contract languageMicrosoft OfficeAccounting softwareGeneral accounting principlesProblem solvingAttention to detailDecision makingTime managementCommunication skills

Required

Bachelor's Degree in Accounting or Finance required

Minimum of 3 years in insurance accounting or 5 years if no insurance specific experience

Knowledge of Microsoft Office Products including but not limited to Excel

Knowledge of accounting software applications

Knowledge of general accounting principles

Requires knowledge and experience in own discipline

Builds knowledge of the organization, processes and customers

Solves a range of complex problems

Analyzes possible solutions to complex issues

Receives a minimal level of guidance and direction

Strong attention to detail

Decision making and judgement skill

Organization and time management skills

Strong commitment to task assigned

Strong communication skills

US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future

Benefits

We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees’ needs at all stages of life.

All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.

We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.