Job Description
JOB-18509 Auditor
Financial Examiner for the Pharmacy Benefits Unit of the Health and Pharmacy Benefits Bureau performs comprehensive reviews of pharmacy benefit managers licensed by the state of New York to ensure compliance with New York Insurance rules laws and regulations and ensures that pharmacy benefits managers are compliant with regulatory standards and operate with the best interests of both policyholders and consumers in mind. The financial examiner reviews and analyzes different types of documents transactions and operations offers clear and practical recommendations to address identified issues or improve compliance prepares and presents reports and drafts correspondences concerning the agencys regulatory and examination programs and standards and handles routine regulatory activities.
In addition the candidate must possess and/or have the ability to:
- Have knowledge of Generally Accepted Accounting Principles (GAAP) and Statements of Statutory Accounting principles (SSAP);
- Research and consistently apply state laws department regulations National Association of Insurance Commissioners (NAIC) statutory accounting practices and Federal Deposit Insurance Corporation (FDIC) regulations and practices;
- Knowledge of exam planning procedures internal controls sampling techniques testing procedures work paper preparation/documentation
-Review procedures and report writing;
- Knowledge of financial analysis techniques and ratios;
- Understand and evaluate enterprise risk management functions of insurers and pharmacy benefit managers;
- Think critically and make decisions based on reasonable and timely analysis;
- Understand and evaluate risks as well as risk mitigation strategies and controls;
- Multi-task and manage time effectively;
- Work and contribute to a team environment;
- Strong communication skills (both written and verbal);
- Participate in presentations discussions of examination findings;
- Adapt to complex and rapidly changing expectations and environments;
- Proficiency in MS Excel Word and Outlook and MS Teams.
Minimum Candidate Qualifications:
The candidate must have a minimum of:
- Either a Bachelors Degree or higher in accounting auditing economics econometrics business economics finance financial administration mathematics applied mathematics mathematical sciences statistics actuarial science or taxation.
OR
- A Bachelors Degree or higher including or supplemented by 24 semester credit hours in accounting auditing economics econometrics business economics finance financial administration mathematics applied mathematics mathematical sciences statistics actuarial science or taxation.
- Eligible to work in New York State.
Candidates that meet the mandatory minimum qualifications and are interested in this position must submit the following:
a. Resume;
b. Cover Letter
c. Proof of Eligibility to work in New York State