Insurance Data Reconciliation Analyst:

Why Paragon? In 2014, Paragon was incepted in a Starbucks coffee shop with a simple strategy — build the MGA that we would want to work for. Years later, Paragon is one of the fastest growing MGAs in the country. Our secret? A dedication to diversity and agility. We realized from the start that a commitment to thinking, acting, and rewarding “different” would resonate within the industry. It is hard to argue with results, and the results are clear. Our diverse team of talent is reshaping an industry that has weathered “boring” and is long overdue on “different.” Whether it comes by offering better pay, benefits or growth opportunities, we will continue to aggressively invest in talent to drive our business forward. Change is here, come be a part of it with us. 

Formed as a broadly diversified MGA, Paragon supports retail agents and insurance carriers, and reinsurers with our strong underwriting talent, broad capabilities, sophisticated operations, and varied business interests. Our goal: To help our partners do business better. And we do. 

The Insurance Data Reconciliation Analyst will work a hybrid schedule from our Avon, CT office.

We are seeking a detail-oriented and analytical Insurance Data Reconciliation Analyst to join our team. The ideal candidate will be responsible for reconciling data from various insurance systems, ensuring data accuracy, identifying discrepancies, and collaborating with cross-functional teams to resolve issues. This role requires strong problem-solving skills, a deep understanding of insurance processes, and the ability to work with large data sets.

Responsibilities: 

• Reconcile insurance data between various systems (e.g., policy, claims, and billing systems) and our data warehouse to ensure consistency and accuracy.
• Identify and investigate data discrepancies, working closely with the relevant teams to resolve issues promptly.
• Maintain comprehensive documentation of data reconciliation processes and resolutions.
• Generate regular reports on reconciliation status and provide insights to stakeholders regarding data quality.
• Assist with data migration and system integration projects by ensuring proper data alignment and validation.
• Collaborate with IT and operations teams to implement process improvements and enhance data accuracy.
• Monitor and track key performance metrics related to data reconciliation processes.
• Assist in ad-hoc data analysis and reporting requests as needed.

Requirements: 

• 4+ yrs of Data Analysis experience preferably in insurance
• Bachelor’s degree in Business, Finance, Accounting, Information Systems, or related field (or equivalent experience).
• Proven experience in insurance data reconciliation or data analysis, ideally within the insurance industry.
• Strong knowledge of insurance products, processes, and terminology.
• Proficient in data management tools, Excel, and experience with insurance-related software/systems, and proficient in SQL or similar databases.
• Strong analytical skills with the ability to identify, investigate, and resolve data discrepancies.
• Attention to detail and ability to work with large, complex datasets.
• Excellent communication skills to effectively collaborate with cross-functional teams.
• Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
• Experience with reconciliation software or automated data tools.

The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. Discretionary incentive compensation may be awarded. Jencap also offers a range of benefits and programs, based on eligibility, which currently include but are not limited to; comprehensive health care coverage, a 401k plan, and tuition reimbursement.  Jencap is an emerging and rapidly growing leader in the industry and as such, we approach talent acquisition as an opportunity to identify the best talent. Therefore, the level of the role and compensation may vary depending upon the best available candidate. 

 

Ready to have your voice heard, your talents properly utilized and to become a valued part of a rapidly growing organization? You’re in the right place.