Insurance Data Analyst
National Indemnity Company10 months ago
Omaha, NE, United States
Hybrid
Full-time
Junior Level (1-3 years)
Job Description
Position Overview
At NICO National Indemnity Company – part of the Berkshire Hathaway group – we offer unparalleled financial strength and stability with a “large company” benefits package in a friendly, “small company” environment. The Insurance Data Analyst is responsible for preparing, analyzing, and communicating financial and insurance data across various operations. This role is based in Omaha, NE with a hybrid schedule following initial in-office training. This position is NOT ELIGIBLE for employer visa sponsorship.
Key Responsibilities
- Compile, review, analyze, reconcile, and interpret financial and insurance data to prepare working papers and supplementary schedules.
- Process payment requests for funding programs and loss payments by obtaining and verifying approvals and ensuring timely payments.
- Coordinate daily, monthly, and year-end accounting and financial reports between various program locations and the Omaha office.
- Assist with the Financial Database by coordinating updates with IT and Finance, recommending enhancements, and performing overall balance and control checks.
- Calculate and prepare supplemental reserves and IBNR allocations, working with programmers and following management guidelines.
- Develop and maintain PC-based applications using spreadsheets or databases to support processing systems and reporting needs.
- Compile and analyze historical and current financial, statistical, and insurance information for management review.
- Stay informed on insurance accounting and financial reporting developments through research and professional discussions.
- Respond to inquiries from internal and external auditors regarding transactions, balances, and internal controls.
Required Qualifications
- Bachelor's degree in a related field.
- One or more years of relevant work experience.
- Knowledge of general accounting principles.
- Proficiency with personal computers and applications such as Excel and Word.
- Excellent written and oral communication skills at all management levels.
- Strong attention to detail with the ability to prioritize, meet deadlines, and work both independently and collaboratively.
- Ability to maintain strict confidentiality and solve problems effectively.
Preferred Qualifications
- Experience in life or property and casualty insurance accounting.
- Knowledge of financial reporting and statutory accounting principles.
- Familiarity with company and departmental practices and procedures.
- Proficiency in Microsoft Access.
Benefits & Perks
- Retirement and Savings Plan: Immediate enrollment with 100% employer match up to 5%.
- Medical, Dental & Vision: Coverage for full-time employees and eligible dependents.
- Learning & Development: Dedicated program to support personal and professional growth.
- Educational Reimbursement: 100% upfront reimbursement program.
- Subsidized downtown parking and competitive time off policies, including parental leave.
- Employee Assistance Program and wellness initiatives, featuring a state-of-the-art onsite fitness center at our Omaha office.
Required Skills
problem solving
Word
accounting principles
communication
statutory accounting
Microsoft Access
data reconciliation
financial reporting
financial analysis
Excel