Insurance Financial Examiner 12 Flex PCN 084058
Insurance Financial Examiner 12 Flex PCN 084058
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$ 2751 - 3144
1 Vacancy
Job Description
Job Description
What you will be doing:
The Insurance Financial Examiner (IFE) 1/2 is responsible for financial and statutory surveillance of domestic insurance companies through completion of timely examinations analysis of financial statements filed with the division and analyzes regulatory filings for approval. Under close supervision the IFE 1 level participates in financial examinations of insurers as part of an examination team. The individual will assist an IFE 2 and/or contractors in performing analyses of insurance company financial filings with the division and progressively work more independently in the financial surveillance of domestic insurance companies. The IFE 1 will receive formal and onthejob training in financial analysis and financial examination projects in order to progress to the IFE 2 level.
Our organization mission and culture:
The mission statement for the Division of Insurance is to regulate the insurance industry to protect Alaskan consumers.
The Division of Insurance is a small division split between Anchorage and Juneau with the Director based in Anchorage and the Deputy Director based in Juneau. The licensing section within the division fosters an environment for learning and growth. We encourage critical thinking and value hard work dependability team work and accountability.
The benefits of joining our team:
The Division of Insurance consists of highly motivated individuals that believe in the power and importance of teamwork. We strive to make everyone feel welcomed and appreciated. We are a division that celebrates noteworthy events as a team. The divisions Licensing section fosters an environment where you can feel supported while making a real difference in the lives of our licensees and Alaskan consumers. You will be working with nationally recognized financial regulators in a position that can provide you with the opportunity to become an expert in the field of insurance regulation both on a state and national level. The Division encourages advancement within the Division Department and State of Alaska.
The working environment you can expect:
Located on the 15th floor of the Atwood Building you will enjoy a panoramic view of downtown Anchorage Mt. Susitna aka Sleeping Lady and the Knik Arm. Great dining shopping the Park Strip Anchorage Museum and Atwood Concert Hall are all within short walking distance from the office. Covered parking at the Linny Pacillo parking garage is provided free. When you come to work you will be walking into a calm and respectful work
environment where everyone knows your name.
Who we are looking for:- Accounting Operations: Knowledge of general ledger accounting and the control/subsidiary account relationships and reconciliation techniques including accounts receivable accounts payable and disbursing officers accountability.
- Analysis and Assessment: Uses information technology in accessing collecting analyzing maintaining and disseminating data and information.
- Auditing: Knowledge of generally accepted auditing standards and procedures for conducting financial and compliance economy and efficiency and program audits.
- Compliance: Knowledge of procedures for assessing evaluating and monitoring programs or projects for compliance with State and federal laws regulations and guidance.
- Insurance:Knowledge of various types of insurance insurance regulations claims processing examination adjudication or adjustment.
Continued employment is contingent upon obtaining designation as an Accredited Financial Examiner (AFE) in insurance within two years of the appointment and designation as a Certified Financial Examiner (CFE) from the Society of Financial Examiners within another two years of the appointment. If the AFE designation is held at the time of appointment continued employment is contingent upon obtaining designation as a CFE in insurance within two years of the appointment.Minimum Qualifications
Minimum qualifications for theInsurance Financial Examiner 1:
A Bachelors degree or the equivalent from an accredited college or university with a major in accounting business administration or a closely related field;
AND
Two years of professional experience performing financial exams financial audits or financial analyses.
Minimum qualifications for theInsurance Financial Examiner 2:
A Bachelors degree or the equivalent from an accredited college or university with a major in accounting business administration or a closely related field;
AND
One year of professional experience performing financial exams financial audits or financial analyses specific to insurance or any regulated industry;
OR
One year of professional experience as the examinerincharge of financial exams or financial audits for any industry.Additional Required Information
At time of application applicant(s) are requested to submit:
- A copy of academic transcripts (unofficial are okay please ensure that the institution name/URL is listed on the transcripts) to verify that you meet the minimum qualifications; and
- A cover letter please see cover letter instructions below.
- Three 3 professional references.
- Three 3 most recent evaluations.
Provide a single page cover letter detailing any professional experience relevant to working with the insurance industry or in another similarly highly regulated industry. Highlight your experience related to topics such as: conducting compliance audits performing financial analysis researching complex topics and obtaining professional designations.
FLEXIBLY STAFFED
This position is flexibly staffed. This vacancy may be filled at either the Insurance Licensing Examiner 1 level or Insurance Licensing Examiner 2 level depending on the applicants training and/or experience. The full range of salaries is listed above. Starting salary will be determined by the level the position is hired at.
EDUCATION
If postsecondary education is required to meet the minimum qualifications you must fill in the Education section of the application. If you have not obtained a degree please indicate the number of units completed. Copies of transcripts are required to verify educational credentials if used to meet the minimum qualifications for a position. Transcripts can be attached at the time of application or provided at the time of interview.
WORK EXPERIENCE
If using work experience not already documented in your application also provide the employer name your job title dates of employment and whether fullor parttime. Applications will be reviewed to determine if the responses are supported and minimum qualifications are clearly met. If they are not the applicant may not advance to the interview and selection phase of the recruitment.
MULTIPLE VACANCIES
This recruitment may be used for more than one 1 vacancy. The applicant pool acquired during this recruitment may be used for future vacancies for up to ninety 90 days after this recruitment closes. Interested applicants are encouraged to apply to each recruitment notice to ensure consideration for all vacancies.
NOTICE
Questions regarding the application process can be directed to the Workplace Alaska hotline at(toll free) or .If you choose to be contacted by emailplease ensure your email address is correct on your application and that the spam filter will permit email from the domains.For information on allowing emails from the domains visit the Lost Password Help page located at STATEMENT
The State of Alaska complies with Title I of the Americans with Disabilities Act (ADA). Individuals with disabilities who require accommodation auxiliary aides or services or alternative communication formats please callin Juneau or TTY: Alaska Relay 711 oror correspond with the Division of Personnel & Labor Relations at: P. O. Box 110201 Juneau AK. The State of Alaska is an equal opportunity employer.
WORKPLACE ALASKA APPLICATION QUESTIONS & ASSISTANCE
Questions regarding application submission or system operation errors should be directed to the Workplace Alaska hotline at(toll free) orif you are located in the Juneau area. Requests for information may also be emailed to.
For applicant password assistance please visit: InformationFor specific information in reference to the position please contact the hiring manager at:David PhiferChief Financial ExaminerPhone:Fax:
Employment Type
Full-Time
