Special Entities Manager

State of North Carolina•3200 Beachleaf Court Wake, NC

7d•$81,620 - $95,000•Hybrid

About The Position

This is a key position in the Financial Oversight & Special Entities Division (“FOD”). This employee will manage and direct the operations of FOD, which licenses and regulates Continuing Care Retirement Communities (“CCRCs”), Professional Employer Organizations (“PEOs”), and individual employers who self-insure their workers’ compensation liabilities (“SIWCs”). This employee has a key role in developing, implementing, and maintaining the procedures and systems utilized by FOD to enforce the insurance laws of North Carolina. This employee supervises a five-person financial analyst team. This employee will have the opportunity to interact with people at all levels within the regulated entities as well as within the Department of Insurance. The work is guided by State laws and regulations and Departmental policies and procedures.

Requirements

Bachelor's degree from an appropriately accredited college or university, with the appropriate courses in accounting as defined in 21 NCAC 8A.0309 and other courses required to qualify as a candidate for the uniform certified public accountant examination, based on the examination requirements in effect at the time of graduation.
Four years of experience in auditing insurance company operations or closely related accounting or auditing work.
Ability to read, interpret, and apply laws and regulations to properly assess a regulated entity's compliance with such laws and regulations.
Ability to directly evaluate, supervise, and make regulatory oversight decisions for complex transactions.
Ability to plan, organize, and direct various functions and persons, ensuring timely evaluation of the financial condition and various requests of regulated entities and other stakeholders.
Excellent decision-making skills, including the ability to be decisive in formulating and executing those skills.
Excellent communication skills, both verbal and written.

Nice To Haves

Advanced knowledge of the insurance industry.
Advanced knowledge of generally accepted accounting principles.
Advanced knowledge of statutory accounting principles.
Advanced knowledge of financial analysis procedures and guidelines.
Advanced knowledge of State laws and regulations.
Certified Public Accountant or Certified Financial Examiner.
Prior supervisory experience.

Responsibilities

Manage and direct the operations of the Financial Oversight & Special Entities Division (FOD).
License and regulate Continuing Care Retirement Communities (CCRCs), Professional Employer Organizations (PEOs), and individual employers who self-insure their workers’ compensation liabilities (SIWCs).
Develop, implement, and maintain procedures and systems utilized by FOD to enforce the insurance laws of North Carolina.
Supervise a five-person financial analyst team.
Interact with people at all levels within regulated entities and within the Department of Insurance.