Regulatory Reporting Specialist
Posted on 4/2/2024
Argo Group

1,001-5,000 employees

Insurance
Company Overview
Argo Group is a U.S.-focused underwriter of specialty insurance products in the property and casualty market. We offer a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses. Since 1957, we share a firm commitment to working together with independent agents, wholesale brokers and retail brokerage partners to deliver innovative products for niche markets. Headquartered in Bermuda, we’re a diverse company with multiple offices in the United States. Our belief that the company’s success is linked to our employees drives our commitment to creating an environment and culture of respect where everyone can thrive. We value helping the communities around us, growing alongside our employees through innovation and creating a workplace with work-life balance.
Financial Services

Company Stage

N/A

Total Funding

$17.9M

Founded

1996

Headquarters

New York, New York

Growth & Insights
Headcount

6 month growth

0%

1 year growth

16%

2 year growth

-1%
Locations
San Antonio, TX, USA
Experience Level
Entry
Junior
Mid
Senior
Expert
Desired Skills
Communications
Excel/Numbers/Sheets
CategoriesNew
Risk & Compliance
Legal & Compliance
Contract Management
Requirements
  • Bachelor's degree or equivalent experience.
  • Minimum 3 years of experience in Regulatory or Statistical Reporting within the Insurance space.
  • Knowledge of ISO’s Commercial Lines products along with NCCI, NISS, and other bureau advisory filings (inclusive of surplus lines) and manuals.
  • Independent thinker with strong leadership skills.
  • Proficient in Microsoft Excel.
  • Strong process, systems, and analytical skills.
  • Ability to manage and prioritize multiple assignments.
  • Ability to work independently and as part of a team.
  • Ability to collaborate effectively across departments.
  • Excellent organizational, oral, and written communication skills.
  • Ability to work in a fast-paced environment and deliver results to meet timelines.
  • Basic knowledge of manipulating large datasets using SQL or Snowflake is a plus.
Responsibilities
  • Understand the regulatory reporting requirements of the different territories in which Argo Group operates and assist in preparing, formulating, and implementing a plan of action to ensure compliance with such requirements.
  • Implement, maintain, and evaluate Regulatory Reporting processes and procedures to ensure business and regulatory reporting requirements are met, and, using independent judgment and discretion, make recommendations to the Regulatory Manager of any needed improvements to such processes and procedures.
  • Submit required reporting on a timely basis for Workers’ Compensation (“WC”) Proof of Coverage, WC unit statistical data, WC Financial data calls, Surplus Lines reporting, and all other data calls.
  • Collaborate with IT, Claims, Underwriting, Accounting, and other business units, along with outside vendors and/or rating organizations or bureaus to extract, analyze, and report data to insurance departments, Workers’ Compensation rating bureaus, rating agents, and organizations.
  • Must be able to extract and organize raw data, set parameters to disqualify non-usable data, and assist with the interpretation and use of the data; as well as respond to inquiries related to reporting submissions.
  • Maintain accurate and complete documentation of all work needed suitable for compliance examiners to conduct an effective audit. Determine any limitations of work, data constraints, as well as potential adverse and favorable events and inform management of same. Develop, in conjunction with the Manager, recommendations for strategies to eliminate/correct any adverse events in a timely manner.
  • In collaboration with the Regulatory Reporting team (team members), identify trends of data reporting activity, and determine any anomalies and escalate same to the Manager for effective resolution.
  • Must be able to utilize and navigate relevant tools to extract and format statistical data used for reporting.
  • Monitor reporting sites for edits or errors and work with applicable departments to resolve and/or improve data quality issues.
  • Handle other related projects as assigned.