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Workers' Comp Data Analyst - 338283

at Chubb

Job Description

Workers' Comp Data Analyst

Chubb is the worlds largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients.

This position is essentialin the preparation and submission of the Workers Compensation unit statistical reports that are required by statutory guidelines established by NCCI and the Independent Workers Comp Rating Bureaus. There are 10 bureaus that we submit unit reports to on a daily basis. The position is currently responsible for preparing and submitting any units that have unresolved edits that need to be researched and corrected prior to submission. Reporting requirements are for every Workers Compensation policy and by each individual state contained on the policy. 1st reports are submitted 18 months from the inception of the policy and then annually thereafter up to 10 years. Once unit reports are submitted to the rating bureaus we are subject to additional analytical and actuarial review of the premiums and losses submitted. Analysts are required to respond to the rating bureaus inquiries and criticisms in order to maintain statutory compliance. The analyst would be expected to successfully complete work volumes and meet established due dates and at the same time meet the higher data quality standards required by NCCI and the Independent Rating Bureaus thus avoiding fines and penalties.

Key Accountabilities Include:

  • Utilize the Unit Stat System, Workers Compensation System (WCS), Claims Inquiry and other Chubb source systems
  • Understand Unit Stat Reporting Rules, Workers Compensation work flows and processes
  • Ability to work on intermediate to complex units, for all report levels and data grades for the various Rating Bureaus
  • Consistently achieve target production

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    https://ars2.equest.com/?response_id=035507286458b1f0b8c2c28804c5d8b5

    Equal Opportunity Employer–minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

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Job Posting: 824403

Posted On: Jul 19, 2021

Updated On: Aug 18, 2021