Regulatory Reporting Analyst

biBerk offers a collaborative company culture with outstanding benefits and competitive compensation. Our organization is still hiring during the Pandemic and we’re looking for talented individuals to join our team and establish a rewarding career with us.

Our success is founded on our strong reputation, and we have received an A+ “Superior” grade by the leading independent insurance rating organization.  As part of the Berkshire Hathaway Group of Insurance Companies, our brand is founded upon trust, service, and innovation.

Job Responsibilities

The Regulatory Reporting Analyst works within the regulatory reporting department and is involved in the day-to-day management of compliance within the insurance regulatory systems.  biBERK provides insurance to small businesses in all 50 states, each with their own regulatory requirements. 

This position is responsible for the following functions:

• Collecting data from various company systems
• Preparation of data for submission to rating bureaus or state departments of insurance, which includes:
  • Scanning data for errors
  • Communication with other departments within the company regarding any issues
  • Preparing a final data file
  • Proposing changes to prevent future errors from occurring
• Submission of data to rating bureaus or state departments of insurance
• Interaction with rating bureaus or state departments of insurance including:
  • Responding to questions about the data
  • Retrieving Error Reports from the insurance bureaus websites
  • Fixing errors found by the rating bureaus, departments of insurance, or as requested by management
• Updating daily checklists and saving in designated shared drive folder
• Other duties, as required

Preferred Knowledge

A successful candidate will possess the following skills or qualifications:

• Proficiency in Microsoft Office applications, specifically Excel (apply/remove filters and sorting data is critical)
• A bachelor’s degree in Math, Economics, Finance, or other quantitative degree preferred
• An obsession with detail and inability to let problems grow, regardless of their magnitude
• Willingness to perform additional duties, as required
• Ability to follow instructions (training will be provided)
• Ability to communicate effectively with peers and management
• Ability to multi-task with multiple systems/applications open simultaneously
• Demonstrates the need to ask questions for clarity when something isn’t clear

About Us

biBerk is where commercial insurance buyers can obtain coverage for their businesses from insurers of the Berkshire Hathaway group of Insurance Companies, one of the best capitalized insurance groups in the world.  Our ultimate parent, Berkshire Hathaway Inc. (berkshirehathaway.com) is a holding company with diversified interests in a host of industries, including insurance, energy, transportation, and manufacturing.  Most policies issued through biBerk.com will be underwritten by Berkshire Hathaway Direct Insurance Company ("BHDIC"), which is an AM Best rated A++ insurer.

BHDIC is domiciled in Omaha, Nebraska.  BHDIC and the team at biBERK are focused on helping small business owners quickly and easily buy affordable insurance directly from a financially strong insurance company they can trust.

Some Highlights of our Benefits are:

• Training is provided for this position
• Defined career path for advancement
• Generous amount of vacation and sick time
• Closed on all major holidays
• 401K with company match 
• A competitive healthcare package
• Tuition reimbursement after 6 months of employment
• Be part of Berkshire Hathaway, one of world's most admired companies
   

In accordance with pay transparency laws and regulations, the following good faith compensation range estimate is being provided.  The salary range for this position is $35,000 to $45,000 per year.  Final compensation will be based on candidate qualifications, geographic location, and other considerations permitted by law.