Description
Overview
The Market Conduct Examiner (MCE) performs highly complex work involving planning and coordinating market conduct examinations of insurers. Market conduct examinations are done under the direction of the Director of Market Regulation (Director) and require significant interaction with management level staff of insurer organizations.
The MCE is responsible for:
- Assisting in the identification and prioritization of companies to be scheduled for examinations;
- Planning the scope of examinations;
- Preparing time and expense budgets for examinations;
- Supervising examiners under contract to account for time and work assignments;
- Periodic reporting to the Director on the activities, findings, and recommended corrective actions relating to an exam;
- Informing insurance company personnel of non-compliance and recommending corrective actions;
- Preparing examination reports to document findings and recommendations;
- Monitoring an insurer's compliance with corrective action plans.
This position requires travel for field examinations and/or meetings of the National Association of Insurance Commissioners. Interaction with high-level industry personnel may be anticipated, sometimes in adversarial situations. The successful candidate must have insurance industry or regulatory experience.
Who May ApplyThis position, Market Conduct Examiner (Job Requisition #49423), is open to all State employees and external applicants.
If you would like more information about this position, please contact Karla.Nuissl@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.
Work is performed in a normal office setting. Field examinations may take place anywhere in the country, involving travel and extended absence from the State. Interaction with high-level industry personnel may be anticipated, sometimes in adversarial situations. Work hours will vary according to examination and workload needs.
Minimum QualificationsFour (4) or more years' experience in insurance examination, compliance, regulation or another similar insurance or securities related field.
OR
Six (6) years or more in insurance sales, claims, investigations, underwriting, , or other insurance related fields.
Preferred QualificationsBachelor's degree or higher.
Any one or more of the following accreditations:
• Associate Professional in Insurance Regulation (APIR)
• Professional in Insurance Regulation (PIR)
• Market Conduct Manager (MCM)
• Accredited Insurance Examiner (AIE)
• Certified Insurance Examiner (CIE)
• Advanced Market Conduct Management (AMCM)
As appropriate for this regulatory role, a willingness to work toward professional designations is required.
Total CompensationAs 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: 11 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