Managing Insurance Examiner

Department of Professional and Financial Regulation • Gardiner, ME

5d • Onsite

About The Position

This is professional services work of a supervisory nature in analyzing and assessing current and long-term trends in investment or self insurance activities of companies and businesses. Work includes determining compliance of self insurers with applicable laws, rules, regulations, and guidelines; and analyzing investment activities of insurance companies. Work is performed under limited supervision.

Requirements

• Knowledge of accounting theory, principles, and practices.
• Knowledge of federal and state laws, rules, and regulations governing the regulation of the insurance industry.
• Knowledge of self insurance principles and programs, surety bonding, and primary excess insurance.
• Ability to supervise subordinate personnel.
• Ability to analyze and evaluate financial records, reports, and systems.
• Ability to analyze and assess investment and self insurance activities.
• Ability to evaluate, summarize, and report on analysis findings.
• Ability to establish and maintain effective working relationships.
• Ability to use applicable computer programs.
• An eight (8) year combination of education and/or experience in financial analysis and/or the analysis of insurance industry practices.

Responsibilities

• Assesses current and long term trends in investment or self insurance risks and other information in order to determine financial impact and company stability.
• Summarizes data, sets forth current and long term risk trends, and measures economic influence and information impacting insurance company investment programs in order to determine status of investments.
• Researches and analyzes losses and adverse financial trends in order to suggest remedial measures.
• Determines compliance with applicable laws, rules, regulations, and guidelines in order to provide continuing authority to individual or group self insurers.
• Determines bond values on deposit funds, tests assets portfolios, values securities, and analyzes insurers credit in order to verify company’s financial viability.
• Performs studies regarding self insurance plans in order to determine plan feasibility.
• Analyzes applications from companies for self insurer status in order to determine financial viability of applicant to self insure.
• Implements and complies with human resource laws, policies, procedures and practices such as: AA/EEO, recruitment, employment, position classification, performance appraisals, training, discipline, contract administration, human resource components of security protocols of agency information security and confidentiality policies, and employee safety.

Benefits

• 13 paid holidays
• 12 days of sick leave
• 3+ weeks of vacation leave annually
• Health Insurance Coverage
• Health Insurance Premium Credit
• Dental Insurance
• Retirement Plan
• six weeks of fully paid parental leave
• Additional, unpaid leave may also be available, under the Family and Medical Leave Act

What This Job Offers

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