What are the responsibilities and job description for the Data Analyst position at Sompo?
Sompo has a unique opportunity for a Data Analyst on our Ceded Reinsurance team.
The Ceded Reinsurance Solutions Team is the Change Management Department within the Ceded Reinsurance Function of Sompo. This role will be integral to the innovation and future transformation of the of the team as the group seeks to develop and implement strategic initiatives to improve the efficiency and productivity of the Ceded Reinsurance Department.
We are searching for an experienced Data and Reporting Analyst to help guide our organization to the future. From researching systems solutions to evaluating their impacts, making recommendations on system implementations, and design and developing solutions to improve the team productivity.
The ideal candidate will be detail-oriented, with a strong background in analytical and system development experience using SQL, VBA, and other development tools. Strong communication skills are highly desirable, along with a proven track record in process improvement initiatives.
Location: This position will be based out of our New York City or 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:
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.
Summary
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:
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.
The Ceded Reinsurance Solutions Team is the Change Management Department within the Ceded Reinsurance Function of Sompo. This role will be integral to the innovation and future transformation of the of the team as the group seeks to develop and implement strategic initiatives to improve the efficiency and productivity of the Ceded Reinsurance Department.
We are searching for an experienced Data and Reporting Analyst to help guide our organization to the future. From researching systems solutions to evaluating their impacts, making recommendations on system implementations, and design and developing solutions to improve the team productivity.
The ideal candidate will be detail-oriented, with a strong background in analytical and system development experience using SQL, VBA, and other development tools. Strong communication skills are highly desirable, along with a proven track record in process improvement initiatives.
Location: This position will be based out of our New York City or 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:
- Reinsurance Applications; Operational ownership, design and development for reinsurance tools and applications such as the Ceded Reinsurance Tool, fac reinsurance control, etc.
- Application Design and Creation; Collaborate in the design and development of new tools and applications for catastrophe processing and reporting
- Corporate Projects; support corporate data transformation projects from inception to implementation, including reinsurance impact analysis and testing.
- Business Analysis; design process enhancements, research & document business issues, develop business requirements, create test case documentation, and training / procedural materials.
- User Requirements; Determine and develop user requirements for systems in production, to ensure maximum usability
- Data analysis; Conduct thorough data analysis, reconciliations, and validations to support system enhancement and process improvements
- UAT; Develop test scenarios, execute test cases, document outcomes, and manage defect resolution.
- Task plans; Create and maintain plans for every project, with attention to transparent communication at all levels
- Partnership and Communication; Partner with stakeholders across business units (ex: finance, accounting, operations, etc.) to develop analyses and documentation in a collaborative way, communicating effectively and efficiently with operational and managerial teams
- Design and implement process controls which meet IAD and SOX control standards.
- Minimum 5 years of experience with business analysis and controls & compliance in Financial services, accounting, treasury, insurance, or reinsurance industry
- Strong Data analysis and reconciliation skills along with strong problem-solving abilities and critical thinking skills.
- Proficiency in SQL, VBA, and other programming languages as well as expertise in Microsoft Office applications, including Access, Excel, and Visio. Ability to produce comprehensive process documentation and reports.
- Demonstrated success in detailed analysis, user testing, and process improvement initiatives with a strong track record in requirement gathering, documentation, and test case development.
- Excellent communication skills and experience collaborating with IT departments in large corporate environments.
- Proven experience in managing change for enterprise-wide systems
- Flexibility and adeptness at balancing multiple priorities in a dynamic setting
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.
Summary
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:
- Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution
- Pharmacy benefits with mail order options
- Dental benefits including orthodontia benefits for adults and children
- Vision benefits
- Health Care & Dependent Care Flexible Spending Accounts
- Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children
- Company-paid Disability benefits with very competitive salary continuation payments
- 401(k) Retirement Savings Plan with competitive employer contributions
- Competitive paid-time-off programs, including company-paid holidays
- Competitive Parental Leave Benefits & Adoption Assistance program
- Employee Assistance Program
- Tax-Free Commuter Benefit
- Tuition Reimbursement & Professional Qualification benefits
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 : $85,000 - $130,000
