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