Senior Investigator - Consumer Protection Unit

State of IndianaIndianapolis, IN
$53,222Onsite

About The Position

Work for Indiana Begin a fulfilling career with the State of Indiana by joining one of the largest employers in the state, offering a range of opportunities across 60+ agencies. At the state, you'll find competitive compensation, a robust benefits package and a commitment to work-life balance. Most importantly, you'll have the chance to make a real and measurable impact on the Hoosiers across Indiana. About The Department of Financial Institutions: The Indiana Department of Financial Institutions (DFI) works to promote growth and prosperity of local Indiana communities through effective and common-sense regulation.

Requirements

  • Thorough knowledge of, and ability to apply, general accounting principles.
  • Thorough knowledge of insurance accounting and applicable laws.
  • Extensive knowledge of, and ability to apply, examining practices and procedures as used in insurance examining.
  • Broad knowledge of the organization and practices of various types of insurance companies or entities.
  • Broad knowledge of, and ability to apply, provisions of the law governing insurance companies or other insurance entities, related legal opinions and court decision, departmental policies, rules and regulations and insurance industry standards as established by the National Association of Insurance Commissioners (NAIC).
  • Considerable knowledge of new insurance practices, trends, developments and techniques.
  • Working knowledge of business and administrative law.
  • Ability to organize and plan work for oneself and others.
  • Ability to gather and analyze data and reach sound conclusions.
  • Ability to prepare clear, complete, and concise reports.
  • Ability to qualify for a fidelity bond.
  • Effective communication skills.
  • Individuals should have the ability to perform essential functions with or without reasonable accommodation.

Nice To Haves

  • A degree is not required.

Responsibilities

  • Examine corporate records, policies, procedures, and treatment of policy holders to determine effectiveness of an insurance company’s or entity’s management and compliance with the insurance code and regulations.
  • Analyze investments and/or insurance transactions for legality, valuation, and proper classification and reporting of income received and accrued.
  • May review classifications and recording of expenses for conformance with prescribed insurance accounting systems.
  • Participate in writing the examination reports or administrative orders.
  • This position is exempt from overtime compensation for additional work hours which may be required to complete essential functions or other assigned work. Exempt employees may work more than 75 hours in a pay period without additional compensation and must report a minimum of 75 hours per pay period of work hours and/or paid leave taken to receive their base biweekly salary.

Benefits

  • Three (3) medical plan options (including RX coverage) as well as vision and dental plans
  • Wellness Rewards Program: Complete wellness activities to earn gift card rewards
  • Health savings account, which includes bi-weekly state contribution
  • Deferred compensation 457(b) account (similar to 401(k) plan) with employer match
  • Two (2) fully-funded pension plan options
  • A robust, comprehensive program of leave policies covering a variety of employee needs, including but not limited to: 150 hours of paid New Parent Leave and up to eight weeks of paid Childbirth Recovery Leave for eligible mothers
  • Up to 15 hours of paid community service leave
  • Combined 180 hours of paid vacation, personal, and sick leave time off
  • 12 paid holidays, 14 on election years
  • Education Reimbursement Program
  • Group life insurance
  • Referral Bonus program
  • Employee assistance program that allows for covered behavioral health visits
  • Qualified employer for the Public Service Loan Forgiveness Program
  • Free Parking for most positions
  • Free LinkedIn Learning access
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