Insurance Examiner 3

State of Iowa•Des Moines - 50315 - Polk County, IA

2d•Hybrid

About The Position

The Company Regulation Bureau is looking for an Insurance Examiner 3 to join our financial examinations team. The Insurance Examiner 3 provides professional oversight of entities engaged in the business of insurance by performing auditing assignments in the examination of the financial and related business records to assess risk and determine compliance with insurance laws and regulations. An Insurance Examiner 3 should have a foundational understanding of insurance, risk, and regulations to complete assignments independently or to review the work of other team members. May function as an “Examiner-in-Charge” for less complex entities; audit other non-traditional risk bearing entities; train and advise staff; perform other related work as required. May support members of management on NAIC working groups.

Requirements

Graduation from an accredited four-year college or university with a degree in insurance, accounting, actuarial science, risk management, finance, or business, and experience equal to three years of full-time work in insurance industry examination, financial analysis, quality assurance, enterprise risk management, or corporate governance.
Graduation from an accredited college or university with a law degree, and possession of a license to practice law in Iowa.
A total of four years of education and/or full-time experience, where thirty semester hours of accredited college or university course work in insurance, degree in insurance, accounting, actuarial science, risk management, finance, or business equals one year of full-time experience in insurance industry examination, financial analysis, quality assurance, enterprise risk management, or corporate governance.
A total of three years of graduate-level education and/or full-time experience (as described in part a), where twenty-four semester hours of accredited graduate college or university coursework in business, law, actuarial science, computer science, or pharmaceutical science equals one year of full-time experience.
Current, continuous experience in the state executive branch that includes one year of full-time work as an Insurance Examiner 2.

Nice To Haves

Accredited Financial Examiner (AFE) designation
Certified Financial Examiner (CFE) designation
Automated Examination Specialist (AES) designation
Certified Information Systems Auditor (CISA) designation

Responsibilities

Provides professional oversight of entities engaged in the business of insurance by performing auditing assignments in the examination of the financial and related business records to assess risk and determine compliance with insurance laws and regulations.
Functions as an “Examiner-in-Charge” for less complex entities.
Audits other non-traditional risk bearing entities.
Trains and advises staff.
Performs other related work as required.
Supports members of management on NAIC working groups.