Description : Examples of Work :
*Any applicants that already have an AFE (Accredited Financial Examiner) or CFE (Certified Financial Examiner) designation, salary will be adjusted to the minimum range: AFE - $51,329/annual and CFE - $65,701/annual.
This is an At-Will position and is under the discretion of the Director of Insurance.
Perform in-depth analysis of financial statements and supplemental filings to assess insurance company’s financial condition, to identify prospective risks and to detect possible regulatory violations. Review and interpret laws, regulations and statutory accounting principles as they apply to insurance companies. Complete work in conformance with the National Association of Insurance Commissioner’s (NAIC) timelines and best practices. Review independent rating agencies’ reports, SEC filings, holding company filings, current trade periodicals, news items, legislation, and NAIC tools, policies and guidelines. Correspond with company executives, department staff, and other regulators to discuss and evaluate compliance and whether regulatory actions are needed. Prepare and present summary reports and recommended actions to the Assistant Chief Examiner, Analysis and other NDOI senior management as assigned. Organize and maintain files containing insurance company information and workpapers. Qualifications / Requirements :
REQUIREMENTS: Bachelor’s Degree from an accredited college or university in Accounting, Finance or Economics with a preference for accounting hours including auditing. Accounting/auditing work experience is beneficial. In addition, applicant should have at least three hours of Business Law. Advancement does require completion of at least three hours of management coursework, which can be acquired after hire, as well as meeting other requirements such as experience and verification of proven technical abilities. Copies of your transcripts, cover letter, resume and references should be submitted with the application and must be provided prior to any formal interview. Knowledge, Skills and Abilities :
Knowledge of: the theory and practice of accounting and auditing; Working knowledge of Microsoft Office Suite (Excel, Word, Outlook). Skill in: Analyzing financial data, company operations and preparing reports. Ability to: Communicate effectively to present comments, opinions, and factual information clearly, concisely, and comprehensively. Organization skills and attention to detail. #cb