What are the responsibilities and job description for the Data Analyst position at Old Republic Specialty Insurance Underwriters?
Title: Data Analyst - Actuarial Support
Reports To: VP, Actuary
Department: Actuary
Location/Schedule: Yardley, PA/Hybrid
Classification: Full-Time/Exempt
Who We Are:
Old Republic International Corporation (ORI), which traces its beginning to 1923, is a Fortune 500 company and one of the nation’s 50 largest shareholder-owned insurance organizations. Our subsidiaries actively market, underwrite and provide risk management services for a wide variety of coverages, mostly in the general and title insurance fields.
Old Republic Specialty Insurance Underwriters (ORSIU) is part of Old Republic International Corporation. We offer insurance and reinsurance spanning most lines of business, and partner with specialists who are committed to providing the highest levels of service with the products necessary to meet the unique needs of the Alternative Risks, Specialty Programs and Excess Casualty marketplace.
Our Mission is to provide quality insurance security and related services to businesses, individuals and public institutions, and be a dependable long-term steward of the trust that policyholders, shareholders and other important stakeholders place in us.
Position Overview:
The Data Analyst will assist the actuarial department by gathering, analyzing, and interpreting relevant data sources in support of pricing, reserving, filing, reporting, and other business needs. Note that this role is not a part of the actuarial exam program.
Essential Job Functions:
- Collaborate with cross functional teams to improve data and automate reports where appropriate.
- Use analytics to spot trends, dependencies, and patterns.
- Acquiring and compiling structured and unstructured data while verifying its quality, accuracy, and reasonableness.
- Support actuarial department in responding to corporate/regulatory requests (state data calls, etc.), from determining requirements to data preparation to final exhibit creation.
- Align with operations team as part of ongoing system development/enhancements while enhancing data availability within the organization.
Qualifications:
- Degree in Business, Computer Science or another related field.
- A minimum 2 years of P/C insurance experience is preferred.
- Strong analytical and problem-solving skills as well as solid oral and written communication skills
- Technical expertise in Microsoft Excel required; experience with Access, SQL, VBA, or other programming languages.
ORI is an Equal Opportunity Employer. ORI provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.