Statutory & Regulatory Analyst

Statutory and Regulatory Analyst

Location:

Chicago, IL

This position sits at the intersection of data management, compliance, and actuarial analysis. The Statutory and Regulatory Analyst is an analytical professional with a broad understanding of property and casualty insurance products and reporting. This role supports regulatory and statistical reporting across multiple lines of business, including Personal Auto (Non-Standard and Standard/Preferred), Commercial Auto, and General Liability.

The analyst will be heavily involved in pooling, integrating, validating, and reporting data from multiple internal systems and external sources, serving as a highly technical support resource for Product and Actuarial data needs.

• Manage regulatory and statistical data calls by collecting, validating, and submitting structured data for regulatory, financial, and statistical reporting requirements, including NAIC Market Conduct Annual Statement (MCAS), NCCI workers’ compensation calls, and various state-specific filings.
• Ensure data validation and integrity by reviewing data accuracy, completeness, and formatting prior to submission.
• Perform audit and reporting activities, including reviewing, correcting, and reconciling data to ensure compliance with legal, regulatory, and company standards.
• Conduct market analysis and surveillance by analyzing large-scale datasets to monitor industry trends, identify risk patterns, and support underwriting and claims teams.
• Collaborate with IT and business units, including Underwriting, Claims, and Actuarial, to identify authoritative data sources and support automation of reporting processes.
• Maintain comprehensive documentation for all submitted reports, data mappings, assumptions, and internal procedures.

• Strong technical proficiency in Excel, including advanced functions such as VLOOKUPs and pivot tables, as well as experience using data analysis tools such as SQL.
• Solid understanding of Property and Casualty (P&C) insurance products, policy coding structures, and regulatory reporting requirements.
• Strong analytical and problem-solving skills with the ability to identify data quality issues and detect patterns or anomalies.
• Ability to work across functional teams and communicate technical information clearly to both technical and non-technical stakeholders.
• Bachelor’s degree in Mathematics, Finance, Data Analytics, or related field required.
• Experience working with insurance regulatory data calls and statutory reporting preferred.
• Strong attention to detail and ability to manage multiple reporting deadlines.

The base salary range for this position is $65,000-$90,000, plus eligibility for a performance-based annual bonus. Actual compensation will be based on a variety of factors including experience, education, and location.

HDI Global Insurance Company offers a competitive benefits package, including 401(k) with company match, Paid Time Off, Sick Leave, Medical, Health Reimbursement Arrangement (HRA), Telemedicine, Wellness Program, Employee Assistance Program (EAP), Dental, Vision, Accident & Critical Illness Insurance, Flexible Spending Account (FSA), Dependent Care FSA, Group and Voluntary Life Insurance, Short- and Long-Term Disability, Pet Insurance, Transit and Parking benefits.

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HDI Global Insurance Company is an Equal Opportunity Employer. We consider applicants without regard to race, color, religion, national origin, age, sex, marital status, ancestry, disability, veteran status, gender identity, or sexual orientation.