Insurance Examiner III Job Listing at State of Vermont in Montpelier, VT (Job ID 9FE41346-13A8-4)

Description

Overview

The Department of Financial Regulation has an exciting and challenging opportunity for an Insurance Examiner III in the Insurance Division.  We are seeking a self-motivated, organized, professional with a strong financial background, strong analytical abilities and strong time management, communication, and critical thinking skills, and a polished, dependable demeanor.

Working under minimal supervision, the examiner assists and conducts examinations and ongoing analysis of traditional insurance companies.  Utilizing a risk-focused approach on examinations, the examiner will perform testing and evaluation of insurance companies' business processes and controls, including corporate governance, strategy, financial reporting and regulatory compliance to ensure the insurance company is able to meet its obligations and compliant with laws and regulations.  Ongoing analysis is risk focused and provides continuous off-site monitoring of the insurer's financial condition by reviewing quarterly financial statements and other required filings for trends and solvency related concerns.  

The role involves performing work in planning, reviewing, organizing, and executing examination activities; reviewing complex financial statements and operational practices; preparing comprehensive reports of findings; and ensuring that insurers maintain sound financial conditions. The examiner serves as a technical resource within the division and contributes to the development and enhancement of procedures and best practices.

The position requires strong analytical skills, sound professional judgment, and a deep knowledge of insurance accounting principles, regulatory frameworks, and examination methodologies. The Insurance Examiner III plays a key role in protecting consumers and maintaining the integrity of Vermont's insurance marketplace by ensuring that regulated entities operate safely and responsibly.  

Who May Apply

This position, Insurance Examiner III (Job Requisition #55979), is open to all State employees and external applicants.

 

Please Note: This position is being recruited at multiple levels. If you would like to be considered for more than one level, you MUST apply to the specific Job Requisition. 

 

Insurance Examiner II: 55978

Insurance Examiner III: 55979

Insurance Examiner-In-Charge: 55980
 

If you would like more information about this position, please contact Karen.Ducharme@vermont.gov

Resumes will not be accepted via e-mail. You must apply online to be considered.

Please note that multiple positions in the same work location may be filled from this job posting.

Environmental Factors

Work is performed primarily in a normal office setting at the office of the insurer being examined. Such offices may be located anywhere in the country, requiring travel and extended absence from the state. Work hours will vary according to examination and workload needs.

Minimum Qualifications

Master's degree in finance, accounting, business administration, or an equally relevant field AND two (2) or more years of experience at or above a technical level in accounting, auditing, or financial examination, INCLUDING at least one (1) year of experience in financial accounting for insurance enterprises.

 

OR

 

Bachelor's degree AND four (4) or more years of experience at or above a technical level in accounting, auditing, or financial examination, INCLUDING at least one (1) year of experience in financial accounting for insurance enterprises.

 

OR

 

Eighteen (18) months of experience as an Insurance Examiner II with the State of Vermont, with satisfactory completion of departmental performance requirements.

 

Note: Employees must obtain CPA or AFE (Accredited Financial Examiner) designation within two (2) years of hire or promotion (not to exceed 4 years).

Total Compensation

As a State employee you are offered a great career opportunity, but it's more than a paycheck. The State's total compensation package features an outstanding set of employee benefits that are worth about 30% of your total compensation, including:

 

•     80% State paid medical premium and a dental plan at no cost for employees and their families
•     Work/Life balance: 12 paid holidays each year and a generous leave plan
•     State Paid Family and Medical Leave Insurance (FMLI)
•     Two ways to save for your retirement: A State defined benefit pension plan and a deferred compensation 457(b) plan
•     Tuition Reimbursement
•     Flexible spending healthcare and childcare reimbursement accounts
•     Low cost group life insurance
•     Incentive-based Wellness Program
•     Qualified Employer for Public Service Student Loan Forgiveness Program

Want the specifics? Explore the Benefits of State Employment on our website.

Equal Opportunity Employer The State of Vermont celebrates diversity, and is committed to providing an environment of mutual respect and meaningful inclusion that represents a variety of backgrounds, perspectives, and skills. The State does not discriminate in employment on the basis of race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, membership in an employee organization, family medical history or genetic information, or family or parental status. The State's employment decisions are merit-based. Retaliatory adverse employment actions by the State are forbidden.

 Apply on company website