Insurance Policy Compliance Supervisor (Forms)

State of Montana•Helena, MT

17h•Onsite

About The Position

The Montana State Auditor, Commissioner of Securities and Insurance (CSI), has a challenging opportunity for a full-time Insurance Policy Compliance Bureau Chief in our Insurance Policy Compliance Bureau. The CSI is a small, family-friendly agency that values unity, effective working relationships, and mutual respect. We challenge our team members to excel as individuals and as part of a supportive team, offering mentorship, education, training, and opportunities for career growth. We are seeking a candidate to fill the role of Bureau Chief in our Insurance Policy Compliance (“Forms”) Bureau. The successful candidate will be responsible for the practical, supervisory and administrative performance necessary to safeguard insurance policies offered in the State of Montana. The ability to effectively manage department workload and team members is required. The primary goal of the Forms team is to ensure all insurance products issued in the state meet statutory requirements designed to offer protection for Montana consumers and to foster a fair and competitive insurance market. This position requires an understanding of the insurance industry and relevant Montana laws and regulations specific to insurance policy requirements and disclosures. This is an on-site position located in Helena, Montana.

Requirements

A bachelor’s degree in business, public administration or a related field of study.
Four years of insurance compliance experience.
Demonstrated ability to interpret and apply Montana statutes and administrative rules to evaluate compliance.
Keen attention to detail and data analysis abilities.
Strong written and verbal communication skills, including effective business writing, spelling, punctuation, and grammar.
Ability to build, establish, and maintain effective working relationships with colleagues, industry professionals, and the public.
Strong stakeholder focus, attention to detail, and follow-through.
Strong organizational skills and effective time management, flexibility, and multi-tasking abilities.
Knowledge and experience in captive insurance regulation and/or the captive insurance industry.
Experience in or willingness to direct and mentor a team of other analysts.

Nice To Haves

Management or supervisory experience is preferred.
Recognized industry credentials or insurance regulator designations will be considered with preference for the Chartered Property Casualty Underwriter (CPCU), Health Insurance Associate (HIA), Association Professional in Insurance Regulation (APIR), or Professional in Insurance Regulation (PIR).

Responsibilities

Monitor insurance policy intake, processing and review completion to achieve compliance with regulatory and department goals and requirements.
Evaluate the need for changes in processes and priorities to develop best practices.
Oversee day-to-day operations of the Forms department, guiding the team toward increased efficiency and effectiveness.
Mentor the department lead and staff in managing workflows, maintaining quality standards and realizing meaningful value in compliance activities.
Assist in timely completion of forms filing reviews when needed.
Provide input to CSI management regarding the development of insurance legislation and regulations as well as recommendations for financial examinations of captive insurance companies.
Engage in and foster open communication and collaboration with members of the Insurance Services Bureau and CSI Executive Management to promote informed decision-making and agency effectiveness.
Identify opportunities and mechanisms to provide team members with needed and desired development opportunities.
Prepare written communications, analytical summaries, and memorandums that are professional, complete and accurate.
Offer expertise as needed and requested to support CSI strategic and operational objectives and support of the bi-annual legislative process.
Provide input to CSI management regarding the development of insurance legislation and regulations.
Attend insurance conferences and training events.
Take the initiative to enhance industry knowledge and make professional contacts.
Analyze department and external data to drive informed decision-making.
Collect and manage data and reporting, and identify trends.