What are the responsibilities and job description for the Insurance Data Analyst I or II position at National Indemnity Company?
Company:
NICO National Indemnity Company
As a member of the Berkshire Hathaway group of insurance companies, we offer outstanding opportunities for professionals interested in working with a successful company. We offer unparalleled financial strength, stability and "large company" benefits, in addition to an exciting, friendly, "small company" atmosphere.
Want to work for a company with unparalleled financial strength and stability that also offers "large company" benefits with an exciting, friendly, and "small company" atmosphere? That is what you will find within the Berkshire Hathaway Group of Insurance Companies as well as outstanding opportunities for professionals looking to grow in their careers.
The Insurance Data Analyst will be responsible for preparing, analyzing, and communicating working papers and statistical and management information related to several insurance and reinsurance operations and/or contracted insurance programs within the responsibilities of the Insurance Data Management Unit. The activities include but are not limited to insurance data collection, data transfers, data manipulation and/or analysis, accounting, cash activity, financial and statistical reporting of one or more current categories of Unit responsibility. Completes special reports required by States or agencies and compiles data for Finance personnel, Berkshire Hathaway Corporate personnel, actuaries, auditors, examiners and Company managers.
This position will be in Omaha Nebraska, and can be hybrid at manager's discretion. This position is not eligible for employer visa sponsorship.
What will you do?
- Compiles, reviews, analyzes and reconciles, and interprets financial and insurance information from various sources and prepares working papers, supplementary schedules for one or more companies or programs and summarizes program underwriting results.
- Processes payment requests for funding programs and loss payments. Records cash receipts and payments for programs into control spreadsheets.
- Coordinates communication of daily, monthly, and year end accounting, and financial statement and/or program information to all offices.
- May calculate and prepare supplemental reserves, IBNR factors and mainframe reserving system information used for completing supplemental reserves and IBNR allocations.
- Assists in the development and maintenance of PC program applications using spreadsheet and/or database software to create processing systems and specific worksheets and databases used to meet various job duties.
- May compile and analyze historical and current financial, statistical, and insurance information for Company management including special one-time projects.
- Maintains current working knowledge of related insurance accounting and financial reporting developments.
- Responds to inquiries from internal and external auditors regarding financial transactions, balances and procedures.
What are we looking for?
- Bachelor degree in accounting or related field or equivalent
- Knowledge of general accounting principles
- Personal computer, related software, and basic applications such as Excel and Word
- Life or property casualty insurance accounting experience
- 1-2 years related work experience
- Company and department practices and procedures
- Preferred knowledge of financial reporting and statutory accounting principles
Who would excel in this role?
- Someone who can prioritize, organize and manage their time well.
- Someone who can work well with a team as well as independently
- Someone with strong SQL skills or quick ability to learn.
- Someone who is detail oriented and can work with a great deal of efficiency and accuracy.
We want you to be involved! We offer Employee Resource Groups for volunteering, connecting with others, social gatherings, and professional development as well as companywide surveys to hear from our employees.
We care about your health and wellbeing! Our Wellness program is integrated into the Company culture with an online wellness portal that offers a year-round, one-stop-shop to manage and track all areas of health, onsite fitness center, an Employee Relations team ready to assist you and more.
A comprehensive benefits package is available for regular, full-time employees, including health, vision, dental, life and disability insurance as well as a 401(k) with company match. We also proudly offer 100% upfront tuition reimbursement to regular, full-time employees, to further your education. Our Omaha office boasts a complimentary state-of-the-art, on-site gym, a robust wellness program, low-cost downtown parking, and numerous volunteer and networking opportunities with other emerging professionals.
