INSURANCE ANALYST III - 43005128

State of Florida • TALLAHASSEE, FL

11d • Onsite

About The Position

The Insurance Analyst III is a highly responsible professional position in the Office of Insurance Regulation’s Bureau of Property and Casualty Market Regulation. The role provides technical and administrative support by independently researching, analyzing, and investigating insurance industry business practices to assess compliance with the Florida Insurance Code and recommend regulatory solutions to management.

The analyst collects and compiles data, maintains databases and investigative records, conducts complex investigations, prepares reports, reviews cases, and recommends corrective actions. Duties also include drafting legal consent orders and calculating penalty recommendations when needed; monitoring investigations through final agency action; coordinating hearings and records production; and supporting settlement negotiations.

The position monitors legislative and administrative changes affecting the insurance industry, advises management on procedural updates, supports staff training, and provides technical assistance on legislation, rulemaking, policies, and procedures. The analyst also contributes to program budgeting, strategic goals, and the market regulation quality plan. This is an on-site position in Tallahassee, Florida.

Requirements

• Knowledge of basic insurance and risk-management principles, insurance-company or other regulated-entity practices, or general legal practices in a regulatory environment.
• Knowledge of research, investigative, and problem-solving techniques and practices.
• Proficiency with Microsoft Office programs, particularly Excel and Word.
• Ability to collect, analyze, and interpret data.
• Ability to communicate effectively verbally and in writing.
• Ability to listen to, apply, and understand written and oral instructions.
• Ability to handle confidential information.
• Ability to think critically and draw logical conclusions.
• Ability to organize information to reflect the logical progression of events, procedures performed, and conclusions reached.
• Ability to read, interpret, and apply statutes, rules, regulations, policies, and procedures.
• Ability to organize and prioritize workload.
• Ability to train others in processes and procedures.
• Ability to establish and maintain effective working relationships.
• Ability to work well as a team member.
• Ability to present and discuss work products.
• Ability to meet deadlines and maintain objectivity.
• Qualified applicants must pass a work sample to be interviewed.

Nice To Haves

• One or more years of proven work experience in insurance; applicants’ resumes should reflect this experience.

Responsibilities

• Collect, compile, analyze, and interpret complex data to support regulatory initiatives; maintain accurate databases and provide technical assistance to staff.
• Recommend to management whether investigations should be opened.
• Conduct complex investigations, prepare investigation reports, review cases for accuracy, and recommend solutions and corrective action plans.
• Draft legal consent orders and calculate penalty recommendations when required.
• Maintain accurate records of investigative materials.
• Monitor investigations from origination through final agency action.
• Assist with coordination of administrative and evidentiary hearings, including organizing calendars and related administrative functions.
• Assist management and recommend solutions during settlement negotiations.
• Coordinate and fulfill production of records for complex internal requests and external public-records requests.
• Monitor legislative changes affecting the insurance industry and recommend updates to data-analysis and investigation procedures.
• Communicate legislative and administrative developments to management and assist with training market regulation staff.
• Provide management with technical assistance on legislation, rulemaking, policies, and procedures.
• Assist with designing and implementing the program budget, strategic goals, and market regulation quality plan.
• Perform other duties as required.

Benefits

• Health, dental, and vision insurance
• Retirement plans
• Flexible spending accounts
• Health savings accounts
• Annual and sick leave
• Generous holiday schedule
• Flexible work schedules
• Access to the State of Florida tuition waiver program for full-time, salaried employees
• Insurance-related courses and professional certifications

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed