Financial Specialist to Senior Financial Specialist

the South Dakota State Government•Pierre, SD

11d•Onsite

About The Position

The Financial Specialist position analyzes the financial status of insurance companies operating in South Dakota. You would be communicating with companies and working with Division staff to determine potential future financial and non-financial risks of insurance companies and their affiliates.

Requirements

Bachelor's degree in business, economics, accounting, statistics or similar from an accredited college or university is preferred.
Individuals with financial examination experience and/or a proven track record in financial or credit analysis in lieu of insurance experience are encouraged to apply.
Ability to obtain an APIR, PIR, AFE, or designations of similar knowledge.
Ability to attend educational opportunities to expand knowledge of insurance company financial risk.
Ability to understand and evaluate the enterprise risk management functions of insurers.
Ability to multi-task, manage multiple projects, and effectively manage time.
Ability to adapt to changing expectations and environments.
Ability to use MS Word, Excel, Adobe and other related software programs.
Ability to establish and maintain effective working relationships with others.
Ability to use electronic workpaper documentation tools.
Must apply online.
Must verify identity and eligibility to work in the United States and complete an Employment Eligibility Verification, Form I-9.
All persons hired will be required to verify identity and eligibility to work in the United States and complete an Employment Eligibility Verification, Form I-9.

Nice To Haves

PIR, AFE, CFE, CPA CPCU, AIAF, or similar designations are preferred.
Eager to learn.
Willing to perform research when questions arise.
Motivated.
Dedicated public servant.
Interested in growing their career.

Responsibilities

Analyze the financial status of insurance companies operating in South Dakota.
Communicate with companies.
Work with Division staff to determine potential future financial and non-financial risks of insurance companies and their affiliates.
Research and apply applicable laws, regulations, procedures and practices and the NAIC statutory accounting practices.
Recommend decisions based on reasonable and timely analysis.
Evaluate and challenge information provided by the company.
Communicate recommendations to the Financial Supervisor and Assistant Director.