Captive Analyst

State of Montana • Helena, MT

1d • Onsite

About The Position

CSI has an opportunity for a full-time Financial Examiner (Captive Analyst) in the Examinations Bureau in Helena, Montana. This position is responsible for the financial oversight of approximately 1,400 licensed insurers, including approximately 300 captive insurance companies domiciled in Montana. Solvency determination and monitoring is achieved primarily through financial analysis and financial examination conducted in accordance with strict guidelines promulgated by the National Association of Insurance Commissioners (NAIC). This is an on-site position located in Helena, Montana.

Requirements

• Ability to communicate effectively in writing.
• Ability to review financial and company data to formulate logical and accurate conclusions, and present reasonable recommended courses of action.
• Ability to work with a team.
• Exhibit analytical thinking and commitment to the profession.
• Be reliable and dependable.
• Be accurate and pay attention to detail.
• Work effectively with confidential information.
• Establish and maintain effective working relationships.
• Show strong independent judgment.
• Possession of a valid driver's license.

Nice To Haves

• Knowledge of insurance company operations, accounting practices and procedures, examination procedures for insurance companies, analytical tools and practices applicable to insurance company financial statements, accreditation guidelines, insurance laws and regulations, and the state insurance regulation framework.
• Experience conducting compliance analysis with state or federal laws.
• Experience reviewing licensing applications and making recommendations for approval or disapproval to supervisor.
• Experience analyzing or preparing financial statements (income statements and balance sheets).
• Experience conducting desk audits or fields audits, and making written summaries of work performed.
• Experience preparing spreadsheets and reports to supervisors of work performed.
• Experience preparing effective written communication to internal and external parties.

Responsibilities

• Perform duties in support of financial solvency analysis by performing in-depth financial analysis of insurance companies domiciled in Montana.
• Perform risk-focused examinations of insurance companies as an entry level examiner for in-state examinations or multi-state examinations, utilizing knowledge of generally accepted auditing standards and familiarity with the NAIC Examiners Handbook and local procedures.
• Provide excellent customer service.

Benefits

• Comprehensive health, dental, and vision coverage for you and your family starting on your first day of employment.
• Access to telehealth and comprehensive services at the employee health clinics at no additional out-of-pocket cost through our medical plan.
• Choice between two retirement plans with an employer contribution between 8.73% - 9.07% of your annual salary.
• A third optional 457(b) deferred compensation plan is also available.
• Employment with the State of Montana may qualify you for the federal Public Service Loan Forgiveness (PSLF) program.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level