Employment
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Assistant Chief Financial Examiner (Kansas)
Kansas
Expiration Date: 03/26/2024Announcement of Vacant Position Internal – External
Posting Date: February 26, 2024
Division: Financial Surveillance Division
Job Vacancy: Assistant Chief Examiner
Compensation Rate: $90,000 - $110,000 (Negotiable Depending on Experience & Professional Certification)
Job ID: 212076
Position Type: Unclassified, Regular, Full-Time, Exempt, Benefit’s-Eligible
Closing Date: March 26, 2024
Contact: Dale Hubbell – [email protected] or 785-291-3801Position Summary
The Assistant Chief Examiner oversees the financial examinations of insurance companies doing business in the State of Kansas to assess the companies’ financial condition and their compliance with statues, regulations, and directives of the Kansas Insurance Department. The incumbent performs detailed review of examination documents with a focus on high-risk areas or key exhibits included in the examination file and will oversee the preparation and submission of examination reports. This position communicates regularly with representatives of companies under examination, state regulators, contracted examiners, and Department personnel. The Assistant Chief Examiner provides direction and input to examination staff and contractors as needed and will be responsible for recommending an appropriate course of action if any concerns are identified during the examination process. This position may require some overnight and out-of-state travel.
All applicants must meet the minimum education requirements listed for this position; therefore, college transcripts must be submitted for review when applying for this position.
For a complete position description, please contact Dale Hubbell at [email protected] or 785-291-3801.
The Team
The Financial Surveillance team is comprised of individuals with the capacity and aptitude to achieve the optimal goal of ensuring the financial solvency of insurance companies that operate under Kansas insurance laws. They work closely together to make the best possible decisions for the Kansas Insurance Department and Kansas consumers. The team is encouraging and supportive of one another in a fun and collaborative environment.
What We Have to Offer
The Kansas Insurance Department has a comprehensive benefits package that includes:
- No waiting period for health insurance coverage – eligible for insurance on day one
- Paid holidays, vacation leave, sick leave and parental leave
- Personal and professional growth opportunities by offering significant financial incentives for attainment of relevant credentials.
- Retention and credential bonus opportunities
- KPERS Retirement plan and deferred compensation program
- Outstanding work-life balance with flexible schedules and a chance to work up to two days a week remotely after six months of employment with the Department.
- Beautifully renovated office near Wanamaker Road with free parking and easy access to I-70
Qualifications
Required
- Graduation from an accredited four-year college/university with major course work in accounting, finance, business administration or related field.
- Certified Financial Examiner (CFE) designation. Maintaining the CFE certification is a condition of employment for this position.
- Five years’ experience with a state insurance department, contract firm performing insurance regulatory examinations, public accounting firm, or similar entity, or an insurance company in a financial or audit related area of which at least two years was in an Examiner-in-Charge or supervisory
Ideal Candidate Will Have
- Certified Public Accountant (CPA)
- Other professional designations including but not limited to CIE, CFE (Fraud), CIA, CPCU, CLU,
- Ability to think
- Ability to work with a team and on their own
- Passion for protecting Kansas consumers and assisting us in our mission to protect and regulate the state’s insurance industry.
Additional Requirements:
- As a condition of employment, candidates are subject to a pre-employment screening process to include name-based criminal history records check and reference/background check of past and present
- Verification of identity and employment eligibility to work in the S. is required by federal law.
- Tax Clearance Certificate is required: https://www.ksrevenue.org/taxclearance.html
- Veteran’s Preference if applicable: – http://da.ks.gov/ps/aaa/recruitment/veterans.htm
How To Apply:
Step 1: Create an Account at the State of Kansas Careers website at: https://admin.ks.gov/services/state- employment-center/sec-home
Step 2: Once you have created an account, complete the online State of Kansas application form and upload the other required documents.
- Resume
- Cover letter
- Transcripts
- Kansas Tax Clearance Certificate
- Veterans’ Preference S.A. 73-201(c) Form and DD-214, if applicable.
Recruiter Contact: Dale Hubbell – [email protected]
Phone: 785-291-3801
What to Expect Next:
Your application will be reviewed, and we will evaluate your qualifications based on the materials that you submit. Therefore, the materials that you submit must be complete and fully discuss how you meet the minimum, other, and preferred qualifications, if applicable. After your application is evaluated, you may be contacted for further information or to schedule an interview.
KANSAS TAX CLEARANCE CERTIFICATE REQUIRED: Each applicant applying for a State of Kansas job vacancy must obtain a valid and up to date Kansas Certificate of Tax Clearance. For more information and to obtain a Kansas Certificate of Tax Clearance go to the Kansas Department of Revenue’s website at: http://www.ksrevenue.org/taxclearance.html. This is in accordance with Executive Order 2004-
- If you need assistance with the tax clearance, please contact 785-296-3199.
If you have questions, please do not hesitate to contact us at 785-291-3801.
Individuals with disabilities are encouraged to contact the Recruiter if reasonable accommodations are needed for any part of the application or hiring process.
The Kansas Insurance Department is an Equal Opportunity Employer
Chief Actuary (Santa Fe, NM)
Santa Fe, NM
Expiration Date: 12/31/2025STATE OF NEW MEXICO OFFICE OF SUPERINTENDENT OF INSURANCE
Chief Actuary
Position #00052602
$150,000 - $175,000 Annually
The Office of Superintendent of Insurance (OSI) is responsible for the oversight and regulation of insurance. OSI regulates private health and life insurance, auto insurance, business insurance, home insurance, and title insurance. The agency reviews premium rates and other plan details to ensure insurance is reliable, the company is financially solvent, and rates are fair and reasonable.
This position exists to perform actuarial reviews and manage and lead New Mexico’s Office of the Superintendent of Insurance actuarial team, including clarifying job responsibilities and performance expectations, establishing goals and job competencies, identifying skill gaps, creating development plans, coaching, and mentoring on a continuous basis and providing performance evaluations.
The requirements also include:
- The ability to work on multiple projects and prioritize work without extensive direction from supervisor.
- Strong analytic skills with solid understanding of actuarial techniques, standards, and assumptions
- Remaining current with respect to new approaches and methods utilized in ratemaking and reserving.
- Overseeing the preparation of monthly and quarterly statutory reports.
- Designing, implementing, and overseeing a continuous process of reserve analysis and monitoring to ensure actuarial soundness.
- Developing actuarially sound loss and loss adjustment expense reserve recommendations.
- Analyzing the impact of trends over time and communicate drivers to senior management.
- Evaluating and overseeing the implementation and use of new analytical and diagnostical reserving tools and software packages.
- Providing actuarial guidance in support of predictive modeling efforts.
- Considerable knowledge of statutory reserves, statements of actuarial opinions, and actuarial memoranda.
- Assisting with Risk Based Capital monitoring and other capital modeling initiatives.
- Performing all work in accordance with Actuarial Standards of Practice as promulgated by the Actuarial Standards Board.
- Testifying as an expert witness and assisting in the evaluation of proposed regulations and legislation.
- Maintaining professional credentials through meeting continuing education requirements of the American Academy of Actuaries (AAA) and the Casualty Actuarial Society (CAS).
- Considerable knowledge of New Mexico laws and regulations as they relate to actuarial practice.
- Considerable knowledge of agency policies and practices regarding issues arising in rate revision negotiations or rate hearings.
- Ability to effectively communicate complex information verbally and in writing; keeps coworkers and managers informed of project progress.
- Ability to prepare written reports that are clear, concise, appropriate for intended audience and well documented.
- Ability to plan and organize resources and time to meet assigned deadlines and priorities.
- Advanced knowledge of actuarial science regarding ratemaking, loss reserving and solvency issues.
- Advanced computer skills using Microsoft Office including Excel, Access and Word.
- Advanced communication skills including the ability to communicate actuarial issues to non-actuarial staff.
Basic Qualifications:
Associate or Fellow of Casualty Actuarial Society (FCAS) and possess a Bachelor’s Degree in Actuarial Science, Mathematics, Statistics or a related field. Candidates must have a minimum of ten (10) years of actuarial experience; two (2) of which must be subsequent to obtaining the Fellowship designation and include responsibility for managing and/or directing all activities of actuarial staff.
Preferred Qualifications:
- Strong managerial skills, team building, and organizational skills
- Experience with change management and leading process improvements
- Membership in the American Academy of Actuaries (MAAA)
SUPPLEMENTAL INFORMATION:
Benefits:
See this link for details on State-paid health benefits: mybenefitsnm.com
Do you know what Total Compensation is? https://www.spo.state.nm.us/career-services/total-compensation/
PLEASE SEND COVER LETTER AND RESUME TO [email protected]
Chief Financial Examiner (Cheyenne, Wyoming)
Cheyenne, Wyoming
Expiration Date: 02/26/2025GENERAL DESCRIPTION:
The Department of Insurance is seeking a Chief Financial Examiner located in Cheyenne, Wyoming. This position is responsible for the management of the examination section of the Insurance Department and ensures the fair and consistent financial regulation of insurance entities operating in the state of Wyoming.
Human Resource Contact: 307-777-7667 / Samantha Drew / [email protected]
ESSENTIAL FUNCTIONS: The listed functions are illustrative only and are not intended to describe every function which may be performed in the job level.- Participates in strategic planning and achievement of goals.
- Plans, directs, monitors, and coordinates work activities in areas of financial examination, financial analysis, insurance company licensing, and corporate transactions.
- Ensures compliance with Wyoming insurance laws and regulations.
- Assists in monitoring the department's budget and projects revenue estimates.
- Develops policies and procedures for the financial examination and analysis of insurance companies.
- Supervises, trains, and evaluates examination and financial services personnel in order to meet department goals and objectives.
- Supervises and reviews the financial analysis and examinations of domestic insurance companies, and the exams of pre-need funeral trusts.
- Reviews and approves insurance company, risk retention group, accredited reinsurer, and service contract provider applications to do business in Wyoming.
- Oversees the revenue collection and accounting/bookkeeping function of the Department.
- Maintains the Department's compliance with the National Association of Insurance Commissioners (NAIC) Accreditation Standards.
- Responsible for written and verbal communication with insurance companies, consumers, legislators, insurance regulators, state agencies, and banks regarding statutory, accounting, licensing, and trust deposit requirements.
- Responsible for maintaining the Certified Financial Examiner (CFE) designation and/or Certified Public Accountant (CPA) license by attending the appropriate amount of continuing education required.
Qualifications
PREFERENCES:
Preference may be given to applicants who have knowledge of and work experience in insurance regulation.
KNOWLEDGE:- Knowledge of Statements of Statutory Accounting Principles (SSAP), NAIC Accreditation Standards, NAIC Financial Analysis Handbook, NAIC Financial Condition Examiners Handbook, and the Wyoming Insurance Code.
- Ability to research and consistently apply state laws, insurance department regulations, and NAIC statutory accounting practices.
- Knowledge of exam planning procedures, internal controls, sampling techniques, testing procedures, work paper preparation/documentation, review procedures and report writing.
- Ability to manage and direct the work of others in order to meet established goals and deadlines.
- Strong listening, interpersonal, written and verbal communication skills.
- Ability to analyze and examine insurance company financial statements and risk profiles in order to determine if companies are financially sound.
- Knowledge of financial ratios and other financial solvency monitoring tools.
- Ability to take initiative and make decisions based on informed judgment.
- Knowledge of department policies, rules and regulations.
MINIMUM QUALIFICATIONS:
Education:
Bachelor's Degree (typically in Accounting or Finance)
Experience:
2-4 years of progressive work experience (typically in Accounting or Finance) with acquired knowledge at the level of a Financial Examiner
Certificates, Licenses, Registrations:
Certification as a Certified Financial Examiner (CFE) or Certified Public Accountant (CPA)
OR
Education & Experience Substitution:
5-7 years of progressive work experience (typically in Accounting or Finance) with acquired knowledge at the level of a Financial Examiner
Certificates, Licenses, Registrations:
Certification as a Certified Financial Examiner (CFE) or Certified Public Accountant (CPA)
Necessary Special Requirements
PHYSICAL WORKING CONDITIONS:- Work performed in an office setting.
- Travel is required for financial examinations and to attend conferences.
NOTES:- FLSA: Exempt
- Must possess a valid driver's license.
Supplemental Information
044-Department of Insurance - Examination Section
Click here to view the State of Wyoming Classification and Pay Structure.
URL: http://agency.governmentjobs.com/wyoming/default.cfm
The State of Wyoming is an Equal Opportunity Employer and actively supports the ADA and reasonably accommodates qualified applicants with disabilities.
Class Specifications are subject to change, please refer to the A & I HRD Website to ensure that you have the most recent version.Chief Financial Examiner (Raleigh, NC)
Raleigh, NC- Description of Work
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Maximum Recruitment Range: $81,704 - $132,768
Salary Grade: NC25
Mission of the Department of Insurance:
To promote a stable insurance market through unbiased regulation and to protect the lives and property of every citizen in all 100 counties while fostering superior, user-friendly service, courtesy, and respect.
Primary Purpose of the Position:
This is a key position working in the Financial Examination Division. This employee functions as the Chief Financial Examiner as described in the Financial Condition Examiners Handbook (“FCEH”), interviews and hires new employees, reviews examination work, and oversees a team of technical professionals on examinations of insurance companies that are domiciled in NC utilizing automated systems to identify risks, document risk assessments, and develop an overall examination approach to evaluate internal controls and perform substantive testing procedures.
The work involves the examination of statutory financial statements for the purpose of assessing the financial condition, legality, and propriety of operations. The work is guided by State laws and regulations, departmental policies and procedures, the NAIC, and the AICPA as prescribed by Statements on Auditing Standards. This employee must focus on the achievement of job specific and Departmental goals and must be a results-oriented individual who consistently complies with the cost, quality, quantity, and time expectations for the work and meet deadlines. The position will have the opportunity to interact with people at all levels within the insurance companies as well as within this Department. The Chief Examiner is responsible for overseeing and directing the examinations of the financial records relative to the business operations of insurance companies and other regulated entities which are licensed or otherwise authorized to do business in the State of North Carolina by the Commissioner of Insurance pursuant to N.C.G.S § 58. The employee may also participate in examinations of foreign insurance companies licensed in the State which are conducted under the Association Plan of the NAIC.
The work is guided by State laws and regulations, departmental policies and procedures, the NAIC, and the AICPA as prescribed by Statements on Auditing Standards. This employee must focus on the achievement of individual and team specific goals and objectives, as well as those established by the Department for the division. The employee must be a results-oriented individual who consistently complies with the guidelines described in the FCEH regarding completed work quality and quantity and meet deadlines. The position will have the opportunity to interact with people at all levels within the insurance companies as well as within this Department. This position makes hiring and promotion recommendations for employees within the division; supervises the daily operations of examinations in progress; performs complex examination procedures and reviews the completed work as specified in the FCEH. The work is guided by State laws and regulations, departmental policies and procedures, the NAIC and the AICPA as prescribed by Statements on Auditing Standards. Some in and out-of-state travel is required. This position may perform other duties as assigned by management.
Incentives of NC State Employment:
We value our employees and offer a wide variety of competitive and family-friendly benefits. Benefits to include:
- 12 Annual paid Holidays
- North Carolina State Health Plan administered by Blue Cross Blue Shield of NC
- Supplemental Benefits including: Flexible Spending Accounts, Accident Insurance, Cancer & Specified Disease, Critical Illness, Dental and Vision
- NC State Retirement (TSERS)
- WeSave Employee Discounts
https://oshr.nc.gov/state-employee-resources/benefits.
- Knowledge, Skills and Abilities / Competencies
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- Extensive knowledge of financial statements, the impact of journal entries on financial statement components, and the ability to apply knowledge effectively with applicable information technology software and systems.
- Extensive knowledge of generally accepted auditing standards (GAAS) and testing methods, generally accepted and statutory accounting principles (GAAP & SSAP), financial accounting concepts and theories, financial examination procedures.
- Knowledge of the concepts related to insurance companies and other regulated entities.
- Knowledge of business risks, operations, financial transactions, and financial regulatory functions for consumer protection including regulation of capital standards, reserve requirements, and solvency monitoring.
- Ability to technically oversee multiple examinations and recommend changes to standards of practice for all work performed.
- Ability to think independently and assist in the development, modification and implementation of Department policies and procedures, and State laws and regulations.
- Ability to develop plans to accomplish work operations and short-range goals and objectives.
- Ability to plan strategies to meet long-range goals/objectives and arrange and assign work to use resources efficiently.
- Ability to coordinate all administrative and technical services provided, ability to plan and implement changes in operations, and ability to establish work unit operating standards and procedures to comply with state and federal rules and regulations and agency/university practices, procedures and principles governing the fiscal program.
- Ability to oversee the recruitment, selection, development, coaching, counseling, disciplining and evaluation of employees in the assigned work areas.
- Ability to observe and assess work, provide feedback and technical supervision, plan and support employees in career development opportunities and provide for the professional development of staff and managers to ensure that managers and staff have the required technical and budget resources.
- Ability to build long-range plans to fulfill legislative or mission driven Departmental goals and identify organizational structures and systems needed to support identified goals.
- Ability to evaluate and allocate resources and oversee budget and contracts to ensure fiscal responsibility of the Department.
- A minimum of 7 years of supervisory/management experience, Certified Public Accountant (CPA), and Certified Financial Examiner (CFE).
- Minimum Education and Experience Requirements
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Bachelor's degree from an appropriately accredited college or university, with the appropriate courses in accounting as defined in 21 NCAC 8A.0309 and other courses required to qualify as a candidate for the uniform certified public accountant examination, based on the examination requirements in effect at the time of graduation and five years of experience in auditing insurance company operations or closely related accounting or auditing work; or, an equivalent combination of education and experience.
- Supplemental and Contact Information
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For consideration for this vacancy, all applicants must complete an on-line application using the “APPLY” button above. If multiple applications are submitted to an individual posting, only the most recent application received prior to the posting close date will be evaluated for the consideration. Applications for positions requiring specific coursework must be accompanied by a copy of the applicant's transcript.
Academic Degrees must be from appropriately accredited institutions and will be verified. If you are selected for a position at DOI/IC, your academic credentials will be verified.
To receive credit for your work history and credentials, you must list the information on the State Application. Any information omitted from your application cannot be considered for qualifying credit.
The Department of Insurance/Industrial Commission will conduct criminal history checks of all job applicants recommended for employment. Failure to accurately acknowledge information on criminal convictions on the state application form will be grounds for non-consideration of applications, disciplinary action, and possible criminal prosecution.
The Department of Insurance/Industrial Commission uses the merit-based recruitment and selection plan to fill positions subject to the State Personnel Act with the most qualified individuals.
***INCLUDE ALL RELEVANT EDUCATION, WORK EXPERIENCE IN THE DESIGNATED EDUCATION AND WORK HISTORY SECTION ON THE FORMAL APPLICATION***
***Applications with "see attached" or resumes in lieu of completed education and work experience on the formal application will be deemed incomplete and will not be eligible for consideration for the vacancy***
Applicants requesting and receiving an accommodation under the Americans with Disabilities Act (ADA) are eligible to submit paper applications via mail or by fax.
Applicants seeking Veteran's Preference under N.C.G.S .126 must submit a DD Form 214, Certificate of Release or Discharge from Active Duty. This information may be attached to the online application or be faxed on or before the closing date.
Applicants may check the status of their application for a vacancy at any time by logging in to the government jobs system using the above link. Once the applicant has logged in, the status of each submitted application is documented next to each vacancy for which he/she has applied.
Deputy Assistant Commissioner (Trenton, NJ)
Trenton, NJTitle: Deputy Assistant Commissioner, Office of Solvency Regulation (Trenton, New Jersey)
Description: The Department of Banking and Insurance seeks a qualified candidate to serve as Deputy Assistant Commissioner for the Office of Solvency Regulation in the Division of Insurance. This position provides leadership in the monitoring of the financial condition and solvency of all domestic and foreign insurers, reinsurers, and other related entities doing business in the State of New Jersey. This position is also responsible for overseeing the vetting of all insurer applications to form a domestic insurer in this State or to seek admission to transact insurance business by foreign insurers.
See link: https://www.nj.gov/dobi/employment/BIA2023004.pdf
Examiner-In-Charge (EIC) (Remote, Any)
Remote, Any
Expiration Date: 04/12/2024Position Overview
The EIC will primarily perform financial examinations and regulatory consulting services, in a lead role for state insurance departments. This position has significant opportunity for advancement as well as personal and professional growth.
Specific Duties and Responsibilities
- Perform risk-focused financial examinations to determine solvency and compliance to statutes on behalf of Risk & Regulatory Consulting LLC’s regulatory state insurance department clients and in accordance with guidance set forth in the most current version of the NAIC Financial Condition Examiners Handbook.
- Evaluate insurance company risks, processes/controls, and operations.
- Serve as Examiner-In-Charge on examinations of all sizes, including those of significant size and complexity .
- Perform reviews of assisting examiners’ examination work papers, as applicable.
- Ensure the quality and integrity of the regulatory examination process on your specific assignments.
- Assist with the preparation of reports, exhibits, and other supporting schedules that detail a company's solvency, condition and compliance with laws and regulations, and recommend solutions to questionable financial conditions.
- Submit timely all draft reports for review based on the risk-focused examination approach.
- Recommend/document actions to ensure compliance with laws and regulations, or to protect solvency of the company.
- Provide knowledge and guidance of insurance laws, rules, and regulations.
- Review and analyze new, proposed, or revised laws, regulations, policies, and procedures in order to interpret their meaning and determine impact to the company.
- Analyze financial operating statements, reports, and records relating to specific and overall operations of insurance companies; prepare and supervise writing of clear, complete, concise, and informative reports of financial conditions of insurance companies and health care organizations.
- Consistently enhance knowledge of the following areas: statutory accounting principles, practices, techniques, and methods of accounting and auditing; insurance examination and regulation; insurance laws and Insurance Commissioner's rulings; and related Attorney General opinions and court decisions; insurance company practices; statistical sampling procedures; basic actuarial mathematics; principles and practice of effective supervision, insurance companies and health care organizations.
Requirements
- Bachelor's Degree in Accounting or Finance; MBA and/or professional certification/s preferred
- Minimum 10+ years’ experience as a financial examiner serving as EIC on exams of significant size and complexity.
- Insurance industry experience is a must.
- Certified Financial Examiner (CFE) is a must, CPA or CPA candidate, and/or Certified Internal Auditor (CIA) or CIA candidate a plus
- Strong computer skills, including experience in using software for producing presentations, spreadsheets, and project planning (e.g., be adept in TeamMate, MS Excel, Word and Power Point; working knowledge of ACL and MS Access skills is a plus)
- Strong interpersonal, presentation, analytical and examination/audit skills
- Excellent organizational skills and the ability to prioritize multiple tasks, projects and assignments using effective time management skills
- Strong written and verbal communication skills are required
- Dynamic/flexible demeanor with exceptional client service skills
- Must be self-motivated, work well independently and possess a sense of urgency
- Skilled in team building and team development
- Work from home with flexibility to travel
- Ability to demonstrate ethical and professional standards as outlined by the Firm
To apply: Please email your resume to [email protected]
Risk & Regulatory Consulting, LLC (RRC) was formerly a business segment of RSM US LLP (formerly McGladrey) until 2012 when the separate legal entity was formed. RRC is a strategic business partner with RSM providing actuarial and insurance industry consulting services to RSM clients.
Risk & Regulatory Consulting, LLC (RRC) is a national, leading professional services firm dedicated to providing exceptional regulatory services to clients. With over 100 experienced insurance professionals located in 22 states, we believe RRC is uniquely positioned to serve state insurance departments. We offer services in the following regulatory areas: financial examinations, market conduct examinations, insolvency and receiverships, actuarial services and valuations, investment analysis, reinsurance expertise, market analysis and compliance, and special projects. We are a results-oriented firm committed to success that builds long term relationships with our clients.
RRC is managed by seven partners and our practice includes full time professionals dedicated to our regulatory clients. We are focused on listening to your needs and designing customized examination, consulting, and training solutions that address your needs. We bring multiple service lines together to provide superior and seamless service to our clients. We are committed to training our customers and our team. We have developed various comprehensive in-house training programs that have been tailored to meet the needs of our regulatory clients. We offer competitive pricing, outstanding experience, credentials and references. RRC is an active participant in the NAIC, SOFE, and IRES.
Examiners (Florida)
Florida
Expiration Date: 03/28/2024Title: Contract Examiner (Remote)
Description: The State Board of Administration of Florida (SBA) is seeking qualified individuals or firms to provide examination services of insurers participating in the Florida Hurricane Catastrophe Fund (FHCF). Each year, certain Florida property insurers submit exposure data to the FHCF in accordance with Section 215.555 Florida Statutes. The exposure data is utilized to determine the FHCF premium to be paid by the insurers. To confirm insurers have submitted complete and accurate information, the SBA intends to contract with vendors to conduct exposure examinations and provide related consulting services. The examinations and consulting services will mainly be conducted remotely; however, the SBA may require examiners conduct examinations on-site at the insurer’s location. On or about March 7, 2023, an Invitation to Negotiate (ITN) will be posted on the FHCF website – https://fhcf.sbafla.com/news/. The ITN contains a timeline, required qualifications, and instructions on how to submit clarifying questions and a response.
Expiration Date: March 28, 2024
Financial Examiner/Examiner-In-Charge (Remote, Any)
Remote, Any
Expiration Date: 05/12/2024Title: Financial Examiner/Examiner-In-Charge
Our company is small and family oriented. We are looking for an experienced financial examiner to work with us on a contract basis. Examiner-In-Charge experience preferred. Retirees are welcome to apply.
The incumbent will perform risk-focused financial examinations on behalf of our client states in accordance with the NAIC Financial Condition Examiners Handbook. Specific duties and responsibilities include:
- Determine risks facing the insurance companies. Assess controls in place and perform testing as needed.
- Provide recommendations and document corrective actions in accordance with best practices, laws, and regulations.
- Review other examiners’ work papers. Prepare reports and other exam related documents.
Requirements:
- Certified Financial Examiner (CFE).
- Experience in risk focused examinations.
- Proficient in using TeamMate+.
- Strong interpersonal, presentation, analytical and examination/audit skills
- Good organizational skills with the ability to prioritize tasks.
To apply: Please email your resume to [email protected]
Information Technology Examiner (Indianapolis, IN)
Indianapolis, INNoble Consulting Overview:
Noble Consulting Services, Inc. is a nationwide consulting firm providing a full range of services to insurance regulators. Through our deep experience as former regulators, big-4 managers, and insurance industry professionals, as well as highly motivated recent graduates, we are recognized for our understanding of the insurance industry, regulatory environment, and emerging challenges. We serve regulators throughout the nation who trust us in both routine and unique situations.
Headquartered in Indianapolis, we have multiple offices and serve an impressive roster of clients across the nation who count on us to be their trusted advisors.
Position Summary:
An Information Technology (IT) Examiner is needed to perform the IT portion of risk-focused statutory examinations. The IT Examiner will be responsible for coordinating, directing, and implementing the automated portion of an examination and evaluating the governance and controls of an insurer’s IT environment, including administrative applications and cybersecurity.
An IT Examiner should have sufficient knowledge, background and experience to perform the IT portion of a financial examination, which may include, but is not limited to, obtaining certifications such as the Certified Information Systems Auditor (CISA), sponsored by the Information Systems Audit and Control Association (ISACA). Annual training is provided for both industry specific and specialized areas.
Responsibilities:
General
• Review and analyze statutory laws, regulations, policies, and procedures as they apply to the IT environment for insurers.
• Ability to evaluate and leverage work of others, including CPA’s and internal auditors, including SOC (System and Organization Controls) reports.
• Provide support to the Examiner-in-Charge and the examination team related to IT governance and controls.
• Apply the Risk Focused approach in performing IT examinations.
• Obtain and maintain skills with TeamMate and other electronic tools utilized in examinations.Service clients
• Exercise professionalism both on site and near the company.
• Manage the expectations of the client, insurer, your supervisor and other team members.
• Provide the client, insurer, and your supervisor with regular status updatesMonitor and meet budgets
• Work with supervisor to manage timelines and budgets.
• Provide supervisor advance notice when areas are near completion.Ensure quality of work product
• Communicate the project objectives and responsibilities of all team members.
• Perform/review work completed in a timely manner.
• Identify opportunities for improvements.
• Identify and work towards resolution of potential issues.
• Assist other team members as needed.Expand business and/or network
• Participate in networking meetings, lunches, and dinners.
• Develop and maintain relationship with key contacts.Personal Development
• Participate in performance reviews with Noble staff and project debriefing.
• Ensure evaluations are received/administered as per Noble Consulting policy.
• Embrace opportunities to expand responsibility.
• Expand knowledge of IT audit procedures and sound practices related to the governance and control environment within insurance regulation.Deliver conclusions and work product
• Communicate proactively throughout engagements.
• Provide conclusions in work performed, including summary memos of any findings.
Requirements/Qualifications:
• Bachelor Degree in computer science, information technology, risk management, or other related business fields.
• Preferred minimum experience of 2 years evaluating IT governance and controls.
• Preferred CISA designation or ability to work toward obtaining the CISA designation.
• Solid communication skills, both verbal and written
• Detail-oriented
Resumes may be submitted to [email protected] or by utilizing this secured link: https://podio.com/webforms/21693144/1511669We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, color, sex, sexual orientation, gender identity, disability, genetic information, national origin, race, religion, veteran status, or any other protected category.
Insurance consultant (various)
variousJob description
Insurance Accountant, ARC Strategic Services a division of TAC4 Solutions.
We are ARC Strategic Services, a growing consulting firm seeking our next part-time contractor, a Principal Consultant to provide high-expertise Insurance Accounting, Reporting and Compliance services to our growing client list.
What makes ARC Strategic Services Unique?
ARC Strategic Services achieves success through providing top-notch consulting services, including accounting, reporting, compliance, and strategic services, to our customers. We seek to become their irreplaceable partner by removing the extreme burdens faced in a highly regulated industry. Our consultants have career-long insurance experience both on the industry side and the regulatory side of the business. The perspective gained from that experience allows our consultants to assist in all aspects of insurance accounting and finance tasks. The relief felt by our clients, to have that high-expertise consultant at the other end of the phone, is making ARC Strategic Services a true partner in their organization.
Our parent company, TAC4 Solutions, has been successful in the insurance arena for over a decade by pursuing core values of: Personal Responsibility, Edification and Pursuit of Truth.
What makes you our next Insurance Accountant:
You have vast Insurance Accounting, Reporting and Compliance experience -PLUS- you get your hands dirty digging into the details of those tasks.
You are a subject matter expert in the Insurance industry -PLUS- you enjoy solving puzzles and providing direction to senior insurance accountants.
You know the ins and outs of statutory accounting, whether yellow, blue or orange book – PLUS – you have worked both on the industry and regulatory side of the insurance industry.
You love a challenge, can multitask, can adapt – PLUS – you love being part of a team and nurturing professional relationships.
You lead meetings with high-level executives with confidence, visibility and ease -PLUS- you explain things with humility and vulnerability to the functional staff.
You hold yourself to the highest of standards, working long days, exemplifying excellent behavior in dealing with people -PLUS- you understand human nature and how to nurture a cohesive team including creating behavioral standards and resolving conflict.
You are always honest, dealing directly and quickly with problems, caring for your clients, investing in their lives and business – PLUS – you love your work and want to find that perfect fit company that will appreciate your leadership, skill, and high integrity.
Does this set of seeming paradoxes describe you? Would you like to see if you are TAC4’s next tree planted by streams of water? Send your resume to [email protected] and we will see if we should pursue prosperity together.
Job Type: Part-time Contractor role
Hourly: $95 - $135 depending on experience
Open until 3 positions filled or February 28, 2024
Insurance Financial Analyst Supervisor (Santa Fe, NM)
Santa Fe, NM
Expiration Date: 12/31/2025STATE OF NEW MEXICO OFFICE OF SUPERINTENDENT OF INSURANCE
Insurance Financial Analyst Supervisor
Position #00004267
JOB ID #142329
Salary Schedule: Classified Business
Pay band: BM ($85,310 - $123,699 Annually)
The Office of Superintendent of Insurance (OSI) is responsible for the oversight and regulation of insurance. OSI regulates private health and life insurance, auto insurance, business insurance, home insurance, and title insurance. The agency reviews premium rates and other plan details to ensure insurance is reliable, the company is financially solvent, and rates are fair and reasonable.
The Financial Analysis and Examinations Bureau analyzes the financial solvency of assigned companies by providing administrative support for financial analysis of domestic and foreign insurance companies, health plans, health maintenance organizations, fraternal organizations, or other insurance entities engaged in the business of insurance licensed in the state.
HOW DOES IT GET DONE?
The Financial Analyst Supervisor position exists to oversee the technical work of OSI's financial analysts to ensure the agency produces high quality risk-focused financial analysis that is following national standards.
The Financial Analyst Supervisor oversees day-to-day operations of OSI's three financial analysts and one who conducts risk-focused financial analysis on assigned insurers. The Supervisor provides technical assistance to analysts, reviews work produced by the analysts, ensures that all work produced by the analysts meets national standards established by the National Association of Insurance Commissioners (NAIC), coordinates inter-agency communications, and communicates with external partners and regulated entities.
MINIMUM QUALIFICATIONS:
Bachelor’s degree in accounting, economics, finance, or related field and four (4) years of experience directly related to financial analysis of insurance companies and one of the following certifications: AFE/CFE, CPA, CPCU or APIR/PIR/SPIR.
IDEAL CANDIDATE:
The ideal candidate will have experience in financial analysis, accounting, auditing, insurance, and/or regulation. The candidate should have strong analytical capabilities, good management skills, the ability to work well with others, and the ability to meet deadlines in a timely manner.
Click the link below to access our Careers site and apply:
For information on Statutory Requirements for this position, click the Classification Description link on the job advertisement.
SUPPLEMENTAL INFORMATION:
Benefits:
See this link for details on State-paid health benefits: mybenefitsnm.com
Do you know what Total Compensation is? https://www.spo.state.nm.us/career-services/total-compensation/
Insurance Regulatory Senior Manager (Baker Tilly) (Remote, Any)