State Regulatory Reporting Analyst I or II

Posted:
8/14/2024, 5:00:00 PM

Location(s):
Omaha, Nebraska, United States ⋅ Nebraska, United States

Experience Level(s):
Junior ⋅ Mid Level

Field(s):
Legal & Compliance

Workplace Type:
Hybrid

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 State Regulatory Reporting Analyst will be responsible for the compilation and completion of state filings, regulatory filings, and/or premium taxes for all companies. Reviewing assessments for accuracy and submitting payment requests for final approval. Documenting job task procedures. Developing PC applications using spreadsheets (Excel) and/or database programming language (Access). Researching compliance issues and implementing procedures to meet requirements.

This position will be in Omaha Nebraska, and up to 50% hybrid after a period of on site training at manager discretion.  This position is not eligible for employer visa sponsorship. 

What will you do?

  • Calculates premium taxes, fees and assessments for various states based on state regulations, insurance coverages, and premium volume, allocating such costs to appropriate underwriting segments.
  • Reviews standard regulatory and industry bulletins to identify changes in state and insurance regulatory regulations which impact statutory statistical data requirements.
  • Reviews Boards, Bureaus and Guaranty Associations assessments based on insurance statistics for accuracy, allocates cost to National Indemnity companies and submits payment requests for final approval.
  • Researches issues related to new and/or changing regulatory reporting requirements.
  • Develops and modifies personal computer program applications using Excel and Access database software to create various summaries and/or worksheets for monthly, quarterly and annual reports, and/or statements.
  • Communicates orally and in writing with Company personnel, state regulatory agencies and reporting bureaus.

What are we looking for?

  • College degree with major in math, accounting, statistics or equivalent in experience in insurance accounting, statistics or MIS
  • 1-2 years related work experience

Who would excel in this role?

  • Someone who can compile, organize, and review large amounts of data for accuracy
  • Someone who can work independently with detail and accuracy.
  • Someone with good time management who can plan and prioritize appropriately to meet deadlines.

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.