The Sr Bureau Financial Reporting Analyst is responsible for reporting of Financial Calls, Data Calls, Assessment and various mandated statistical agents and federal/state agencies. Involved with preparing the MDC (Medical Data Call) and IDC (Indemnity Data Call). Responsibilities include analyzing and reconciling the data and any other related action needed to assure the accuracy. This may require researching the source systems, external feeds and the Bureaus. Building relationships with extern... more details
Senior Bureau Financial Reporting Analyst
Job LocationsUS-OH-Cleveland
Requisition ID
2024-16797
Category
Underwriting
Position Type
Regular Full-Time
Overview
Summary: The Sr Bureau Financial Reporting Analyst is responsible for reporting of Financial Calls, Data Calls, Assessment and various mandated statistical agents and federal/state agencies. Involved with preparing the MDC (Medical Data Call) and IDC (Indemnity Data Call). Responsibilities include analyzing and reconciling the data and any other related action needed to assure the accuracy. This may require researching the source systems, external feeds and the Bureaus. Building relationships with external bureaus and states and the Business Segments, Claims, Financial/Statutory, Unit Stats, AP and IT functions. Utilize Oracle and cube data to complete and pay assessments and data calls in a timely manner. Would be responsible for obtaining the required information to complete and pay the assessments/surcharges in a timely manner. Will participate/initiate process improvement efforts as needed as AmTrust continues to grow. Maintains a solid understanding of AmTrust’s mission, vision, and values. Upholds the standards of the AmTrust organization. Correspond with the MGA’s as needed currently (Kestrel) may be additional in the future.
Responsibilities
Responsibilities:
Reporting statistical and financial data to the various mandated statistical agents and federal/state agencies.
Obtaining the required information to complete and pay the assessments/surcharges in a timely manner.
Utilize Oracle and cube data for a more efficient and accurate data to balance back to state pages.
Build relationships and effective partnerships with external bureaus and states, AmTrust IT, and other various departments within AmTrust such as Account Payable, Claims, Legal Compliance, and Tax.
Various projects, updating procedures, and assisting the AVP Bureau Data Reporting in various other tasks
Keeps current with market trends and demands.
Performs other functionally related duties as assigned.
Identifies, researches, and corrects policy-rating or claims coding discovered during the data reporting process. Works to resolve reporting discrepancies and disputes of the highest complexity.
Point of contact for MGA Programs and communicates collaboratively with bureaus, underwriters, and claim adjusters.
Qualifications
Qualifications: Required:
5 to 6 years’ experience reporting of insurance, finance, or banking
Excellent written, verbal, and interpersonal communication skills
Demonstrated proficiency with Microsoft Office Suite
Strong organizational, analytical, customer service and interpretive skills.
Ability to effectively multi-task and work in a fast-paced, team-oriented environment
Preferred:
Bachelor’s Degree or higher of college
This job description is designed to provide a general overview of the requirements of the job and does not entail a comprehensive listing of all activities, duties, or responsibilities that will be required in this position. AmTrust has the right to revise this job description at any time.
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What We Offer
AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.
AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.
AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.
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