What are the responsibilities and job description for the Insurance Operations Analyst position at Sompo International Holdings Ltd.?
As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most : our people . At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.
Job Description
Are you looking for your next opportunity?
Sompo has a unique opportunity for an Insurance Operations Analyst in our Insurance Operations team.
Operations Analysts are responsible for processing and delivering of oden notices, renewal preparation and renewal solicitations.
Location : This position will be based out of our Morristown, NJ office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.
Our business, your impact, our opportunity :
What you'll be doing :
- Compiles data utilizing various sources and tools (Cube Reports, Cognos Power BI, etc.
- Analyzes data, premium and UW specific details for reporting to various state and regulatory agencies
- Responds to regulatory agencies in the proper format requested
- Research and identify reporting details not contained in any reports
- Ad-hoc reporting requests from field
- Financial Processing, Qualitative and Quantitative Analysis Reporting
- Monthly management reporting
- Quarterly and year end reporting
- Identify missing data elements required for reporting and work with EDW team to get included
- Assist with Sox analysis and reconciliation of data discrepancies
- Investigate data quality issues
- UAT Testing of system and new functionalities directly impacting submission processing / Genius integration
What you'll bring :
Salary Range : $50,000 - $85,000 Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.
At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.
Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.
We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs :
In today's world, what do we stand for?
Ethics and integrity are the foundation of delivering on our commitment to you. We believe that core values drive success, and that when relationships are held in the highest regard, there is nothing that cannot be accomplished. At Sompo, our ring is more than a logo, it is a symbol of our promise. Click here to learn more about life at Sompo.
Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. Above all, we want you to work in an environment that respects everyone's unique contributions - we are passionately committed to equal opportunities. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.
Salary : $50,000 - $85,000
