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Data Insurance

Location:
Middletown Township, NJ
Salary:
Negotiable
Posted:
November 07, 2020

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Resume:

Paul Kurella, Jr.

** ***** ***** • Middletown, NJ 07748

Phone: 917-***-**** • e-mail: adhmtm@r.postjobfree.com

Areas Of Expertise

Insurance/Financial Services

Data Management and Collection

Regulatory Compliance

Organizational Standards and Procedures

Financial Analysis

Statutory Reporting Requirements

Operations Management

Client and Vendor Relations

Quality Assurance Initiatives

Business Development Strategies

Professional Experience

October 2017 – Present Mitsui Sumitomo Marine Management – Warren, NJ

Manager – Statistical and Regulatory Reporting

• Manage group of 4 analysts, junior to senior in tenure – as direct reports; coordinating all activities necessary to support Bureau and State-mandated data requirements and internal requests from associated areas within sector.

• Research and respond to inquiries regarding statistical entry requirements, preparing updates to Data Quality workflow, and suggesting/implementing improvements to quality assurance initiatives.

• Manage all correspondences regarding statistical and regulatory changes; writing specifications to update internal company systems and data warehouses.

• Perform periodic quality reviews, as mandated; analyze and update Bureau edits to assure timely and accurate reporting.

• Manage staff progress on assigned tasks and oversee personnel-related activities for direct reports, including performance management, staff training, recruiting and corrective/and or disciplinary actions. Perform and implement all department planning, organization and budgeting.

• Responsible for Worker’s Compensation data submissions; including monthly Unit Statistical submissions, testing activities for Unit Statistical subsystem, and Unit Report (URC), and Unit Report (URQ) functions.

• Keep apprised of technical specifications; maintaining Agile environment (Jira).

Senior Statistical Analyst – Warren, NJ

• Team Lead for identifying, documenting and communicating data needs for effective Regulatory Data Reporting to the NAIC, FIO, State Departments of Insurance and Statistical Agencies (ISO) and Bureaus (CAR).

• Sourced data from internal data warehouse, vendors, Program Administrators, and Managing General Agencies (MGA) by ensuring the proper capture and recording of these data needs to our system of record.

• Created Financial Reports for Revenue, Costs and Expenses using multiple queries (Pivots, V-Lookups); also performing financial reconciliations (Annual Verification).

• Utilized Microsoft Word, Excel, Powerpoint, SQL, and IBM Business Objects for daily processes and presentations.

• Researched and investigated regulatory inquiries regarding data and data reporting.

• Gathered data, prepared, edited, and performed error correction to detail data files, submitted Quarterly to ISO. Worked as liaison between Business unit and I.T. Department to provide them with Business/Financial requirements in order to create specs to automate various reports.

• Effectively resolved any data or data processing issues, across various environments (whether Development, UAT, or Production). Provided data requests internally and externally, including ad-hoc reporting analysis and inquiries from regulators.

January 2016 – October 2017 Hudson Insurance Group – New York, NY

Senior Business Intelligence Analyst

• Point person for Regulatory and Compliance Reporting to State Departments of Insurance and Statistical Agencies (ISO and ISS) and Bureaus (CAR); submitting on Annual and Quarterly basis – as required.

• Created Financial Reports for Upper Management and performed financial reconciliations, when necessary.

• Responded to regulatory inquiries and resolved issues raised by Government appointed agencies.

• Sourced data from Hudson Data Warehouse (Watson), vendors, and Managing General Agencies (MGA) by providing business requirements and specifications.

• Collaborated with data warehouse team in the collection of data, storage, and ETL process to ensure accurate and proper data governance.

• Worked with underwriters, actuaries, and MGA’s to understand workflow and business requirements; suggested modifications that will afford the organization meaningful process improvement.

January 2013 – January 2016 Munich Reinsurance America, Inc. - Princeton, NJ

Statistical Analyst

Ensured compliance with all internal and external statistical data capturing and reporting functions for Property, Casualty, Workers' Compensation and all other lines in accordance with in-house, statutory regulatory and bureau requirements.

Compiled and submit approximately 400 monetary fine sensitive statutory, regulatory and bureau special data calls and maintain control logs to monitor timely filing of these calls.

Assured complete and timely bureau statistical reporting and coordinate error corrections required for accurate reporting with all other areas.

Participated in all internal and external statistical reporting quality control audits.

Analyzed all coding blocks, tables and any other statistical testing necessary for system implementation.

Provided expertise, guidance, and direction to all internal and external constituencies for the proper collection and/or reporting of statistical data.

August 2006 – January 2013 Insurance Services Office (ISO) - Jersey City, NJ

Product Specialist – ISO LOCATION

Ensured balanced allocation of project resources, and individual project profitability for ISO LOCATION product.

Sustained dynamic relationships with more than 40 clients, integrating into their underwriting process by coordinating LOCATION implementation and maintaining advisory assistance to enhance product value, helping grow bottom-line.

Responded to inquiries from customers, colleagues and vendors on LOCATION product.

Performed quality checks to validate existing records; in order to enhance our internal databases. Management of database production on a quarterly basis, overseeing each product’s update and executing distribution via multiple platforms, including FTP and network-to-network.

Provided oversight to Vice President, AVP’s, customers, and vendors to ensure the methods of developing detailed project documentation. Innovated LOCATION team’s Customer Relationship Management process and inquiry resolution workflow with salesforce.com.

Insurance Services Office (ISO) - Jersey City, NJ

Data Management - Lead Analyst

Compliance

Published authored reports and circulars for state insurance departments, regulatory agencies and affiliates based on filings and impact of new laws, regulations imposed by legislation and regulatory agencies.

Monitored, maintained and supported the digitization of Statistical Plans for all Property & Casualty Insurance Lines.

Analyzed financial data distributions to monitor client-company reporting inaccuracies and data security practices.

Reviewed coverage forms, rates and rules in order to determine statistical reporting instructions.

Operations

Supported the collection of financial data and facilitate processes to ensure the accuracy and integrity of the data.

Instrumental in developing Quality Assurance criteria/standardization of the work-flow procedures.

Implemented analytical/data driven approaches to develop custom data services designed for niche markets.

Analyzed, communicated and validated requirements for changes to business processes, policies and info systems.

Developed and maintained automated database to streamline data source process.

Team lead of multiple projects; e.g., financial data collection initiative to monitor and investigate reporting anomalies (capture of $1.6 billion in usable reported premium data to date).

Provided direct supervision and supported group of Data Analysts; ensured accuracy of work assignments.

Dec. 2005 - August 2006 Standard & Poor’s - New York, NY

Research Associate

Responsible for managing data-auditing for Standard and Poor's brand fixed data platform online for global investors; and nurturing the development of various internal projects within the Structured Finance Ratings group.

Maintained, updated and developed data for internal automated registration system.

Gathered financial information, required for proper statistical analysis; and compiled financial exhibits for use in analytic research and reports.

Inputted, maintained, and updated relevant analytic databases to improve customer access to equivalent web products for Residential Mortgage Backed Securities and Asset Backed Securities: Auto Loans, Auto Leases, Marines, Recreational Vehicles, Credit Cards, CBO, CDO, CLO.

Dec. 2003 - Dec. 2005 Insurance Services Office (ISO) - Jersey City, NJ

Senior Data Management Associate

Handled various Quality Assurance initiatives; including close-out coordination for all ISO Statistical Plans, insurer-support, and counseling on data-reporting issues.

Coordinated Eligibility Table Updates for stat agent services.

Liaison for Information Technology; in an attempt to coordinate statistical data reporting and quality assurance processing; which included modification and testing of systems and programs.

Handled an ongoing queue of program reviews for various lines of business – including the review of rates/rules/forms to maximize usability of data in ISO database.

Inspected data fields against historical input and cleansed for format consistency.

(Additional Experience – as Claims Handler for AIG and Kemper Insurance – furnished upon request)

Education

Wagner College, Staten Island, NY

Bachelor of Science - Business Administration, 2001

Specialization in Finance

Captain – Division-1 Men’s Baseball Team (2000 Northeast Conference Champions – NCAA Regional Tournament)

Technical skills

General Programs – Microsoft Office (Excel [V-Lookup/Pivot Tables], Word, PowerPoint, Access, SQL, Outlook)

Statistical Applications – Basic level SAS Base for Mainframe

Mainframe Related Tools – Basic level TSO Mainframe and JCL

Proprietary –Various Database/Statistical Software platforms (IBM: Cognos, Business Objects, Watson)



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