Vault Insurance · 22 hours ago
Regulatory and Statistical Reporting Analyst
Vault Insurance is seeking a Regulatory & Statistical Reporting Analyst to support their Compliance team. The role involves analyzing insurance regulations, ensuring accurate data extraction, and timely filing of regulatory reports while driving continuous improvement in reporting capabilities.
Responsibilities
Directly deliver and/or coordinate cross-functionally to ensure timely coding & development, QA & UAT and operational delivery of all Regulatory & Statistical Reporting outputs and deliverables. (e.g., MCAS, state DOI data calls, TICO, ISS/ISO statistical filings and event-driven catastrophe reporting)
Communicate effectively as needed with points of contact at statistical agencies/state insurance departments regarding reporting deadlines and content
Maintain assigned enterprise regulatory reporting assets, including entries in the enterprise compliance calendar, compliance team emails and support tickets, signoffs, submission evidence and knowledgebase content
Effectively and accurately onboard new regulatory and statistical reporting requirements and outputs as and when required
Ensure submissions are accurate and penalties are avoided. Meet or exceed all mandated deadlines for all Regulatory & Statistical Reporting outputs and deliverables
Evaluate the quality of the data being used for all Regulatory & Statistical Reporting outputs and deliverables and follow relevant and appropriate Vault processes to raise awareness of data quality issues discovered
Collaborate with other subject matter experts and functional leads in prioritization of data quality issue remediation by providing accurate input (sizing, criticality, business risk and penalty/fines exposure) regarding the impacts of data quality issues on Vault’s Regulatory & Statistical Reporting workflow, outputs and deliverables
Ensure completion of any data quality issues prioritized for remediation in support of Regulatory & Statistical Reporting. Accurately identify and diagnose blockers and escalate appropriately where necessary
Work cross-functionally to ensure filings reconcile to Finance/Annual Statement records, when applicable, and retain audit-ready artifacts (data lineage, validations, receipts, attestations)
Thoroughly document all procedures for the extraction of data and the completion of each filing
Demonstrate awareness and adherence to relevant Vault internal company policies (data classification, records retention, legal hold mandates)
Provide comprehensive and accurate input and collaboration in terms of the impact on Vault’s Regulatory & Statistical Reporting capabilities
Understand and effectively communicate the impact of changes to Vault’s systems and data supply chain to Regulatory & Statistical Reporting outputs and deliverables
Orchestrate necessary changes and updates to all Regulatory & Statistical Reporting assets, and explain impacts of those changes to technology and business stakeholders
Maintain proficiency across major data management tools (e.g., SQL, PL•SQL, Python), and Vault systems (Raters, policy admin and claims systems, Enterprise Data Warehouse reporting marts)
Maintain industry-current knowledge and awareness of all existing and new regulatory reporting requirements
Participate, as requested, in, and proactively identify opportunities for, knowledge sharing, cross-training and mentoring team members and stakeholders
Help define the strategic roadmap for the continuous improvement of Vault’s Regulatory & Statistical Reporting capabilities
Successfully and consistently lead by example in modeling a culture of innovation, collaboration and proactivity
Qualification
Required
Bachelor's degree in computer science or related field
Minimum 3 years of experience writing and coding SQL/PL•SQL/Python
Demonstrated skills in critical thinking, problem solving and the analysis, interpretation and evaluation of complex information
Detailed oriented and the ability to work under deadline pressure
Ability to maintain effective collaborative working relationships cross-functionally as well as with key stakeholders and peers
Preferred
Knowledge of P&C insurance regulatory and statistical reporting requirements preferred (including MCAS, ISS and TICO)
Company
Vault Insurance
Vault offers high net worth personal insurance and customized solutions for individuals and families.
H1B Sponsorship
Vault Insurance has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (1)
2023 (1)
2021 (1)
Funding
Current Stage
Growth StageTotal Funding
unknown2020-11-12Secondary Market
2020-11-12Acquired
Recent News
2024-10-22
PRNewswire
2024-04-20
Company data provided by crunchbase