Workers Comp Stat Specialist at Chubb in Philadelphia, Pennsylvania

Job Description:

JOB DESCRIPTION

Workers Comp Stat Specialist

This position is essential in the preparation and submission of the Worker's 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 workflows and processes
• Ability to work on basic to intermediate units, for all report levels and data grades for the various Rating Bureaus
• Consistently achieve target production for 12 months based on work plan assignments
• Work with supervisory guidance to understand required process and state specific learning

QUALIFICATIONS

• College

  ABOUT US

  
  

  Chubb is a world leader in insurance. 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. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

  
  

  At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.