| Location | Denver, CO |
| Salary | $62,436–$71,760 Per Year |
Financial/Credit Examiner I: DORA/Division of Insurance
Salary
$5,203.00 - $5,980.00 Monthly
Location
Denver Metro, CO
Job Type
Full Time
Job Number
SFA-4218-08/26
Department
Department of Regulatory Agencies
Division
Division of Insurance
Opening Date
08/11/2026
Closing Date
8/21/2026 11:59 PM Mountain
FLSA
Determined by Position
Type of Announcement
This position is open only to Colorado state residents.
Primary Physical Work Address
1560 Broadway Denver, CO 80202
Department Contact Information
Addison Dittrich: addison.dittrich@state.co.us
Salary Note
Although the full salary range for this position is provided, appointments are typically made at or near the range minimum.
Hiring Pay Rate
The salary range posted for this position is $62,436 - $71,760 annually ($5,203.00 - $5,980.00 monthly); although a salary range is listed, hiring salary will be set commensurate with the successful candidates qualifications and in compliance with the Equal Pay for Equal Work Act. New employees to the State will be paid biweekly. There are 26 biweekly pay periods in a year.
How To Apply
Please submit an online application for this position at https://www.governmentjobs.com/careers/colorado. Reach out to the Department Contact to apply using a paper application, including any supplemental questions. Failure to submit a complete and timely application may result in the rejection of your application. Applicants are responsible for ensuring that application materials are received by the appropriate Human Resources office before the closing date and time listed.
Department Information
Hybrid Workplace Arrangement:
Although this position will be designated under the department's hybrid workplace program, it will still be required to report to the department office on a scheduled basis and at the discretion of the supervisor, based on business need.
The salary range posted for this position is $5.203 - $5,980/monthly; although a salary range is listed, hiring salary will be set commensurate with the successful candidates qualifications and in compliance with the Equal Pay for Equal Work Act.
This announcement may be used to fill multiple vacancies.
The Department of Regulatory Agencies (DORA) is dedicated to preserving the integrity of the marketplace and is committed to promoting a fair and competitive business environment in Colorado.
Consumer protection is our mission.
DORA values and promotes diversity, supporting a workplace that is inclusive of people from different backgrounds and experiences; creating an environment that is reflective of our communities; promoting positive relationships; and putting forth unique perspectives to fulfill our mission.
Employer-sponsored RTD EcoPass, with offices located at Civic Center Plaza, above the RTD Civic Center station and just a few blocks from RTD light rail.
Extensive work-life programs such as flexible schedules, training and professional development opportunities on a wide variety of subjects, and more!
Employee wellness programs, including the Colorado State Employee Assistance Program (CSEAP), which provides free, confidential counseling services.
Bike-to-work programs, including access to storage lockers and bike racks.
Flexible retirement benefits, including a choice of the PERA Defined Benefit Plan or the PERA Defined Contribution Plan, plus optional 401K and 457 plans.
Medical and Dental Health Insurance for employees and optional coverage for their dependents.
Life Insurance for employees, and optional coverage for their dependents.
Paid Time Off, including 11 paid holidays.
Short- and long-term disability coverage.
Tuition assistance program.
Check out our excellent benefits package!
Description of Job
DORA values and promotes diversity, supporting a workplace that is inclusive of people from different backgrounds and experiences; creating an environment that is reflective of our communities; promoting positive relationships; and putting forth unique perspectives to fulfill our mission.
The Colorado Division of Insurance (DOI) regulates the insurance industry in Colorado. DOI helps consumers by answering their questions, investigating their complaints, and helping them to understand their insurance. The division regulates and monitors insurance companies in Colorado, as well as insurance agents, ensuring all are following the law.
This Financial Team exists to preserve a safe and sound insurance marketplace for Colorado policyholders through periodic audits/examinations of insurance companies and non-traditional entities such as preneed contract sellers to:
Position: SFA 4218
This position analyzes financial filings and other information to monitor the solvency/financial position of insurers and protect policyholders. This position monitors financial trends, solvency risks, and compliance with applicable laws by performing in-depth analyses, identifying risks, developing procedures to monitor risks, and recommending Division decisions/actions.
The financial analysis process duties include:
Prioritizing insurers using a risk-focused framework to ensure Division resources are allocated appropriately.
Insurers are assigned a priority of "1" to"4". Priority "1" is the highest priority, while priority "4" is the lowest priority.
Performs review of higher priority insurers before the review of lower priority insurers.
Allocates personal time and resources to ensure the Division focuses more financial oversight on higher priority insurers.
Analysis of quarterly domestic insurer financial statement results.
Assesses insurer internal controls and accounting practices.
Assesses insurer governance and risk management.
Evaluates financial position/solvency.
Assesses investment portfolios.
Assesses business plan changes.
Assesses reinsurance programs.
Assesses and monitors credit, legal, liquidity, market, operational, underwriting, reputation reserving, and strategic solvency risks.
Analysis of opinions/reports provided by specialists.
Assesses compliance with statutory accounting practices.
Considers the adequacy of internal controls over financial reporting.
Assesses the adequacy of loss reserves.
Acts as the lead regulator for the analysis of single-state groups or acts as a participating regulator for the holding company analysis of multi-state groups.
Evaluates the Group's impact on the domestic insurer.
Performs lead regulator functions for groups that have insurers in Colorado but have insurers in no other states.
Evaluates holding company registration filings, prior notification of material transactions, analyzes reinsurance agreements, analyzes enterprise risk management filings, analyzes public financial filings, analyzes press releases, and analyzes corporate governance disclosures.
Gathers information about the group's organizational structure and operations including its segments, sources of revenue/expenses, distribution network, etc.
Assesses group-level credit, legal, liquidity, market, operational, underwriting, reputation reserving, and strategic solvency risks.
Assesses group financial position, profitability, liquidity, and leverage
Assesses group governance and risk management.
Prepares a Group Profile Summary that documents the holding company analysis and shares the results with Division management.
Analyzes merger/acquisitions to consider the expected impact on the market, the insurer, and policyholders. Coordinates with the lead state when applicable.
Acts as the participating regulator for the analysis of groups.
Actively participates in calls and meetings arranged by the lead state.
Actively shares pertinent information with the lead state.
Evaluates holding company registration filings, prior notification of material transactions, analyzes reinsurance agreements, analyzes enterprise risk management filings, analyzes public and information provided by the lead state including the GPS.
Minimum Qualifications, Substitutions, Conditions of Employment & Appeal Rights
MINIMUM QUALIFICATIONS (MQs):
There are two ways to qualify for this position: 1) Experience OR 2) A Combination of Education and Experience.
Option 1: Experience
Option 2: A Combination of Education AND Experience
Associate's Degree and Experience:
OR
Document this experience in your application IN DETAIL, as your experience will not be inferred or assumed. Part time experience will be prorated.
SUBSTITUTIONS:
Preferred Qualifications:
Required Competencies: The following knowledge, skills, abilities, and personal characteristics are required competencies and may be considered during the selection process (including examination and/or interview):
Conditions of Employment: Candidates who fail to meet the conditions of employment will be removed from consideration.
Supplemental Information
PLEASE READ - Required Application Materials
Interested individuals must submit the following online:
A completed State of Colorado Application (log-in to your current NeoGov account or create a NeoGov account to complete the online application). Note: Incomplete applications, including incomplete work history sections or "see résumé," "see attachment," or "see addendum" statements, will not be accepted in lieu of a completed application form.
A current email address on your application, as all communication pertaining to this position will be conducted via email. Please set up your email to accept messages from info@governmentjobs.com and @state.co.us addresses, and check your email often. Note: The department cannot guarantee the successful delivery of email, including incorrect filtering into junk mail folders.
A detailed cover letter, explaining how you meet the required competencies and how your accomplishments, qualifications, skills, areas of expertise, personal characteristics, etc. make you a good fit for this position; you may also attach additional documents that demonstrate this.
Comparative Analysis Process: Structured Application Review
Part of, if not the entire, comparative analysis process for this position will involve a review of the information you submit in your application materials; Therefore, it is paramount that in the experience portion of your application and cover letter, you describe the extent to which you possess the education, experience, and competencies outlined in the job announcement as well as the required and/or preferred qualifications/competencies. You are also encouraged to attach additional documents to that effect. Failure to include adequate information or follow instructions may affect your score and prevent you from competing in subsequent measures used to arrive at a top group of applicants.
Veterans Preference: Candidates who wish to assert Veterans Preference should attach a copy of their DD-214 to their application. Failure to do so will result in being denied Veterans Preference.
PLEASE NOTE: Former State Personnel System employees who were disciplinarily terminated or resigned in lieu of termination must disclose this information on the application. Colorado Revised Statutes require that all state employees be hired and promoted through competitive examination of merit and fitness. Failure to include the required information, failure to follow instructions, and/or failure to submit materials by the application deadline may result in your application not being considered for the position and may affect your score or inclusion in the final pool of qualified candidates.
The State of Colorado strives to create a Colorado for All by building and maintaining workplaces that value and respect all Coloradans through a commitment to equal opportunity and hiring based on merit and fitness.
The State is resolute in non-discriminatory practices in everything we do, including hiring, employment, and advancement opportunities.
DORA is committed to the full inclusion of all qualified individuals. As part of this commitment, our agency will assist individuals who have a disability with any reasonable
accommodation requests related to employment, including completing the application process, interviewing, completing any pre-employment testing, participating in the
employee selection process, and/or to perform essential job functions where the requested accommodation does not impose an undue hardship. If you have a disability and require reasonable accommodation to ensure you have a positive experience applying or interviewing for this position, please direct your inquiries to our ADAAA Coordinator, at dora_adacoordinator@state.co.us.
APPEAL RIGHTS: If you receive notice that you have been eliminated from consideration for this position, you may file an appeal with the State Personnel Board or request a review by the State Personnel Director.
An appeal or review must be submitted on the official appeal form, signed by you or your representative. This form must be delivered to the State Personnel Board by email, US Mail, faxed or hand-delivered within ten (10) calendar days from your receipt of notice or acknowledgment of the department's action.
For more information about the appeals process, the official appeal form, and how to deliver it to the State Personnel Board go to spb.colorado.gov or refer to 4 Colorado Code of Regulations (CCR) 801-1, State Personnel Board Rules and Personnel Directors Administrative Procedures, Chapter 8, Resolution of Appeals and Disputes, at spb.colorado.gov under Rules.
The State of Colorado offers permanent employees a variety of benefits including medical, dental, life and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information: www.colorado.gov/pacific/dhr/benefits
Please note that each agencys contact information is different; therefore, we encourage all applicants to view the full, official job announcement which includes contact information and class title. Select the job you wish to view, then click on the "Print" icon.
01
DORA Q1: Please provide your Social Security Number. NOTE: This information will be kept strictly confidential and is only accessible to Human Resources Personnel.
02
DORA Q2: Are you a current or previous State of Colorado employee? Enter "yes" or "no" in the space provided. If "yes", enter 1) the State agency name, 2) dates of employment, and 3) your official classification title.
03
DORA Q3: If you are a current or former State of Colorado classified employee, have you ever been disciplinary terminated, resigned in lieu of termination, or deemed to have resigned without notice (Board Rule 7-6, Automatic Resignation)? NOTE: Current and former State Personnel System employees who were disciplinary terminated, resigned in lieu of termination, or who were deemed to have resigned without notice (Board Rule 7-6, Automatic Resignation) must disclose this information on the application. Failure to disclose this information and/or falsification of application materials may result in being removed from consideration for this position.
04
DORA Q4: Current or Former Classified Employees: Are you a transfer, non-disciplinary (voluntary) demotion, or reinstatement applicant?
05
DORA Q5: VETERANS PREFERENCE NOTE: If you are not eligible for/seeking Veterans Preference, please skip down to the bottom and select option "N/A". REQUIRED DOCUMENTATION: Candidates who wish to assert Veterans Preference should attach a copy of their DD214 reflecting dates of service, type of discharge, and, if appropriate, a campaign badge or service medal. If information regarding a campaign badge or service medal is necessary to award preference points and is not reflected on the DD214, other documents reflecting the grade or medal must be provided. Other types of documentation may be required for ten point preference. Note 1: For a complete list of service dates and campaigns used in awarding preference points visit: http://www.opm.gov/veterans/html/vgmedal2.htm Note 2: Medal holders and Gulf War veterans who originally enlisted after September 7, 1980, or entered active duty on or after October 14, 1982, without having previously completed 24 months of continuous active duty; must have served continuously for 24 months or the full period called or ordered to active duty. Note 3: Effective October 1, 1980, military retirees at or above the rank of major or equivalent, are not entitled to preference unless they qualify as disabled veterans. Reservists who are retired from the Reserves but are not receiving retirement pay are not considered "retired military" for purposes of veterans preference. REMINDER: Proof of eligibility must be provided before points are allowed. Please attach documentation to your application. If you have not done so, please go back and do so now. Veterans Preference points WILL NOT be applied without the appropriate documentation. PLEASE CHECK ALL THAT APPLY:
06
DORA Q6: Part of the required application materials includes a detailed cover letter, explaining how you meet the required competencies and how your accomplishments, qualifications, skills, areas of expertise, personal characteristics, etc. make you a good fit for this position; you may also attach additional documents that demonstrate this. Q: Have you included this cover letter as an attachment to your application? (If not, you may go back and do so now). Yes, I have attached the required cover letter explaining how I meet the required competencies and how my accomplishments, qualifications, skills, areas of expertise, personal characteristics, etc. make me a good fit for this position; I may also attach additional documents that demonstrate this. No, I have not attached the required cover letter to my application. Note: I understand that failure to include this information and follow instructions may prevent me from competing in subsequent measures used to arrive at a top group of applicants.
07
DORA Q7: Do you currently possess an associates or bachelors degree in accounting, business administration, economics, statistics, finance, or in a field of study directly related to the work assignment? If yes, list the type of degree in the space provided.
08
DORA Q8: Please explain in detail how you meet the following minimum qualifications: Five (5) years of professional* experience in the insurance, accounting, or financial services industry. Qualifying experience must include at least two (2) of the following: o Analyzing financial data, financial performance, investment portfolios, and/or financial projections; o Utilizing data to form conclusions and/or recommendations in order to present findings to senior management or external clients; o Identifying and evaluating financial risks and mitigating controls (policies, procedures, practices, and organizational structure); o Performing financial statement audits, internal audits, and/or Sarbanes Oxley compliance; AND/OR o Interpreting and applying Generally Accepted Accounting Principles (GAAP), Statutory Accounting Principles (SSAP), International Accounting Standards (IAS), and/or Other Comprehensive Basis of Accounting (OCBOA) in reviewing or preparing quarterly filings, annual statements, financial records, and/or providing recommendations to management. If you answered yes to DORA Q7 with a completed associates degree, the experience requirement is three (3) years. If you answered yes to DORA Q7 with a completed bachelors degree, the experience requirement is one (1) year.
09
DORA Q9: Clearly describe and provide examples of how you meet the following preferred qualification: Certified as a Public Accountant (CPA), Accredited Financial Examiner (AFE), Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), or Chartered Property Casualty Underwriter (CPCU), Chartered Life Underwriter (CLU), or Fellow Life Management Institute (FLMI).
10
DORA Q10: Clearly describe and provide examples of how you meet the following preferred qualification: Experience conducting investigations and audits, including reviewing, analyzing, and researching financial documents and/or applications, interviewing witnesses, collecting evidence, preparing investigative reports of findings, and making recommendations to management on how a case should be resolved.
11
DORA Q11: Clearly describe and provide examples of how you meet the following preferred qualification: Demonstrated experience analyzing and interpreting Colorado insurance statutes, rules, and policies.
12
DORA Q12: Clearly describe and provide examples of how you meet the following preferred qualification: Experience analyzing insurance operations (marketing, underwriting, administration, investment, and/or regulatory management) and determining factors related to risk management.
13
DORA Q13: Clearly describe and provide examples of how you meet the following preferred qualification: Demonstrated professional experience utilizing GAAP accounting principles when reviewing financial information.
14
DORA Q14: Clearly describe and provide examples of how you meet the following preferred qualification: Demonstrated professional experience identifying process inefficiencies and developing solutions to improve workflow.
15
DORA Q15: The salary range posted for this position is $62,436 - $71,760 annually ($5,203.00 - $5,980.00 Monthly); while appointments are typically made at or near the range minimum, the salary will be set based on the qualifications of the candidate appointed and relevant factors. Please share your salary expectations below.
16
DORA Q16: If you move forward in this process and are selected for this position, what is the earliest date that you would be able to start?
Required Question
Employer State of Colorado
Address See the full announcement by clicking
the "Printer" icon located above the job title
Location varies by announcement, Colorado, --
Website https://careers.colorado.gov/