Financial Accounting Analyst/Auditor

State of OhioColumbus, OH
Hybrid

About The Position

The Office of Risk Assessment is seeking a financially minded candidate with the ability to analyze complex financial reports, review and modify data, and who can determine appropriate course of action to resolve complex issues. The mission of Risk Assessment is to monitor the financial solvency of insurance companies licensed in the state of Ohio. Staff also monitors insurers’ statutory and solvency compliance on an ongoing basis and conducts statutory examinations. The Ohio Department of Insurance (ODI) was established in 1872 as an agency charged with overseeing insurance regulations, enforcing statutes mandating consumer protections, educating consumers, and fostering the stability of insurance markets in Ohio. Today, the mission of the Ohio Department of Insurance is to provide consumer protection through education and fair but vigilant regulation while promoting a stable and competitive environment for insurers.

Requirements

  • Completion of undergraduate core program in accounting, internal auditing, insurance, economics, or finance
  • Must provide own transportation
  • Valid driver's license
  • Applicants must be currently authorized to work in the United States on a full-time basis.

Nice To Haves

  • Equivalent of Minimum Class Qualifications For Employment noted above.

Responsibilities

  • Performs in-house &/or on-site financial examinations &/or analysis of domestic &/or foreign insurance companies authorized to conduct business in Ohio in order to determine financial solvency.
  • Ensures compliance with state insurance laws & rules.
  • Follows computer &/or manual examination procedures.
  • Assist with interviewing company personnel regarding accounting methodology, risks to the insurer, internal controls & other matters.
  • Writes preliminary reports of findings on assigned areas & assists in preparation of final report of examinations.
  • Limited travel to companies within & outside state of Ohio.

Benefits

  • Medical Coverage
  • Free Dental, Vision and Basic Life Insurance premiums after completion of eligibility period
  • Paid time off, including vacation, personal, sick leave and 11 paid holidays per year
  • Childbirth, Adoption, and Foster Care leave
  • Education and Development Opportunities (Employee Development Funds, Public Service Loan Forgiveness, and more)
  • Public Retirement Systems ( such as OPERS, STRS, SERS, and HPRS ) & Optional Deferred Compensation ( Ohio Deferred Compensation )
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