Insurance Contract Analyst 3 – Life & Health

State of Ohio • Columbus, OH

11d

About The Position

As an Insurance Contract Analyst 3, you will play a vital role in reviewing and analyzing insurance product submissions to ensure compliance with Ohio laws and regulations. You will work closely with insurance companies, internal teams, and senior analysts to support the regulatory review process for Life, Annuity, and Health products.

Requirements

• 6 yrs. exp. in insurance field working with insurance contracts (e.g., health; life; annuities; personal lines; commercial lines) pertinent to assigned division (e.g., for positions in managed care division, exp. must be in managed care field, for positions in property & casualty division, exp. must be in property & casualty field, for positions in life & health division, exp. must be in life & health field); 6 mos. exp. in operation of personal computer or mainframe computer.
• Or 6 courses in insurance pertinent to assigned division (e.g., for positions in managed care division, courses must be in managed care field, for positions in property & casualty division, courses must be in property & casualty field, for positions in life & health division, courses must be in life & health field); 4 1/2 yrs. exp. in insurance field working with insurance contracts (e.g., health; life; annuities; personal lines; commercial lines) pertinent to assigned division (e.g., for positions in managed care division, exp. must be in managed care field, for positions in property & casualty division, exp. must be in property & casualty field, for positions in life & health division, exp. must be in life & health field); 6 mos. exp. in operation of personal computer or mainframe computer.
• Or completion of undergraduate core program in insurance, business or mathematics; 4 yrs. exp. in insurance field working with insurance contracts (e.g., health; life; annuities; personal lines; commercial lines) pertinent to assigned division (e.g., for positions in managed care division, exp. must be in managed care field, for positions in property & casualty division, exp. must be in property & casualty field, for positions in life & health division, exp. must be in life & health field); 6 mos. exp. in operation of personal computer or mainframe computer.
• Or 2 yrs. exp. as Insurance Contract Analyst 2, 66742, pertinent to assigned division (e.g., for positions in managed care division, exp. must be in managed care division, for positions in property & casualty division, exp. must be in property & casualty division, for positions in life & health division, exp. must be in life & health division).
• Or equivalent of Minimum Class Qualifications For Employment noted above.
• Job Skills: Insurance
• The State of Ohio is a drug-free workplace which prohibits the use of marijuana (recreational marijuana/non-medical cannabis).

Responsibilities

• Analyze standard Medicare Supplement, Dental, Vision, Life, and Annuity policy form submissions for compliance with state and federal laws, regulations, and department policies.
• Pre-process policy form submissions and assist senior analysts with complex product reviews.
• Communicate with insurance companies regarding compliance issues, provide guidance to filers, and approve forms for use in Ohio.
• Create and maintain compliance review tools and work management systems to support regulatory functions.
• Research historical product submissions and trends using databases such as SERFF, Intellivue, and NAIC.
• Prepare reports, proofread technical materials, and present findings to internal divisions such as Legal and Consumer Services.
• Perform administrative and support tasks including document management, correspondence, and phone support.
• Provide direction to lower-level analysts and assist with workload balancing during peak periods.
• Other duties as assigned.

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 )

What This Job Offers

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