At Vault, we are not just insuring assets. We are reducing risks with data-driven technology to Protect What Matters Most™ to our customers.
Our team is driven by a shared commitment to protect customers' most prized possessions. We look at the bigger picture to provide custom solutions, exceptional service, and risk management to protect their legacy proactively.
Thinking about joining our team? We look for self-motivated and inventive individuals dedicated to providing the highest level of service to our customers and partners.
The Regulatory & Statistical Reporting Analyst will provide support to the organization’s Compliance team and will be responsible for analyzing insurance rules and regulations, as well as extracting data to ensure the accurate and timely filing of all regulatory and statistical reporting requirements. This position will drive the operational execution and continuous improvement of Vault’s regulatory and statistical reporting capabilities, including data coding (e.g., SQL, PL/SQL, Python, etc.), data submission, data accuracy and quality, reporting workflow, and Vault’s reporting knowledge base for all regulatory and statistical reporting. The Analyst will also assist in maintaining an enterprise regulatory reporting asset for all states in which Vault conducts business.
This will be a hybrid role (3 days/week) in either our Tampa/St. Pete office or West Palm Beach office.
Why Choose Vault:
- 37% growth rate in staff since December 2021.
- Our Financial Strength is rated an A- by AM Best.
- Rated 4.5 stars based on our customer experience reviews
- Our leaders are respected innovators with decades of experience in the insurance industry.
- Vault’s proprietary technology allows for enhanced capabilities, speed, and efficiency.
- Leading high-net-worth insurance provider with a foundation in customized solutions.
- Comprehensive benefits tailored to your lifestyle.
Job Responsibilities:
Responsibilities include, but are not limited to:
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Directly prepare, validate and submit statistical reports to regulatory agencies (NAIC, state DOIs, ISS, TICO and event driven catastrophe reporting).
- Read and understand lines of SQL coding to ensure the accuracy and completeness of all statistical submissions.
- Work cross-functionally to ensure filings are reconciled with Finance/Annual Statement records, when applicable.
- Communicate effectively as needed with points of contact at statistical agencies/state insurance departments regarding reporting deadlines and content.
- Assist in maintaining the enterprise compliance calendar, signoffs and submission evidence.
- Effectively and accurately onboard new regulatory and statistical reporting requirements and outputs as and when required.
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Thoroughly document all procedures for the extraction of data and the completion of each filing. Retain audit-ready artifacts (data lineage, validations, emails, receipts, attestations).
- Demonstrate awareness and adherence to relevant Vault internal company policies (data classification, records retention, legal hold mandates).
Quality & Timeliness:
- Contribute to accurate operational KPIs for on-time submission, edit/error handling, penalty avoidance, submission cycle time, and drive continuous improvement against those targets.
- Meet or exceed all mandated deadlines for all regulatory and statistical reporting outputs and deliverables.
- Evaluate the quality of the data being used for all regulatory and statistical reporting outputs and deliverables and follow relevant and appropriate Vault processes to raise awareness of data quality issues discovered.
- Collaborate with other subject matter experts and functional leads in prioritization of data quality issue remediation by providing accurate input (sizing, criticality, business risk and penalty/fines exposure) for the impacts of data quality issues on Vault’s regulatory and statistical reporting workflow, outputs and deliverables.
- Ensure completion of any data quality issues prioritized for remediation in support of regulatory and statistical reporting. Accurately identify and diagnose blockers and escalate appropriately where necessary.
Knowledge Management & Continuous Improvement:
- Maintain proficiency across major data management tools (SQL, Tableau/Power BI), and Vault systems (raters, policy admin and claims systems, Enterprise Data Warehouse reporting marts).
- Maintain industry-current knowledge and awareness of all existing and new regulatory reporting requirements.
- Participate, as requested, in and proactively identify opportunities for knowledge sharing, cross-training and mentoring team members and stakeholders.
- Help define the strategic roadmap for the continuous improvement of Vault’s regulatory and statistical reporting capabilities.
- Successfully and consistently lead by example in modeling a culture of innovation, collaboration and proactivity.
Preferred Qualifications:
- Bachelor’s degree in Finance, Data Analytics, Statistics or related field.
- 2+ years of experience in property and casualty insurance regulatory and statistical reporting.
- Strong proficiency in Excel, SQL and data visualization/reporting tools (Tableau/Power BI).
- Familiarity with statistical reporting vendors and platforms (Verisk, ISS).
- Demonstrated skills in critical thinking, problem solving, and the analysis, interpretation, and evaluation of complex information.
- Detailed oriented and the ability to work under deadline pressure.
- Ability to maintain effective collaborative working relationships cross-functionally as well as with key stakeholders and peers.
Benefits:
- Flexible Spending Account & Health Savings Account, with company contributions
- Company-paid comprehensive life & disability insurance plans
- 24/7 Telehealth doctor access, virtual wellness screenings, Employee Assistance Programs
- Company 401 (k) retirement plan with Day 1 eligibility (6% company match, 100% immediate vesting)
- 23 PTO days accrued yearly
- 11 paid holidays