Insurance Financial Analyst I
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Job Location:
Monthly Salary:
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Summary Statement
Essential Functions
- Review and analyze annual and quarterly financial statements trend analyses S.E.C. filings audit reports and holding company information to include reinsurance agreements service agreements tax allocation agreements and other inter-company arrangements.
- Apply SAP accounting principles practices methods and techniques in the review of financial and management issues.
- Compute and interpret financial ratios to identify hazardous financial conditions or potential hazardous financial conditions.
- Research and analyze various financial transactions between parent company affiliates and subsidiaries.
- Research and analyze various transactions involving acquisitions and mergers.
- Review requests by licensed companies to add lines of business; defend recommendation for approval or disapproval.
- Review applications for re-domestication and applications to conduct business within the State of Delaware; consider financial condition of the company and/or parent company expertise and size of business.
- Review consumer complaints to identify solvency issues or patterns of regulatory violations.
- Complete analysis for assigned companies; prepare summary reports consisting of NAIC questionnaires for review by Director and Commissioner.
- Provide testimony during public hearings and legal actions.
Job Requirements
JOB REQUIREMENTS for Insurance Financial Analyst I
Applicants must have education training and/or experience demonstrating competence in each of the following areas:
- Possession of a Bachelors degree or higher in Accounting Finance Business Administration or related field.
Conditions of Hire
Applicants must be legally authorized to work in the United States. The State of Delaware Executive Branch participates in the Federal E-Verify system where the State will provide the federal government with each new hires Form I-9 information to confirm that you are authorized to work in the U.S. For more information refer to our job seeker resources.
All new hires are required to report to the Statewide New Employee Orientation (SNEO) on their first day of employment. Sessions are held at designated locations in Kent or New Castle County.
Benefits
To learn more about the comprehensive benefit package please visit our website at Process The application and supplemental questionnaire are evaluated based upon a rating of your education training and experience as they relate to the job requirements of the position. It is essential that you provide complete and accurate information on your application and the supplemental questionnaire to include dates of employment job title and job duties. For education and training list name of educational provider training course titles and summary of course content. Narrative information supplied in response to the questions must be supported by the information supplied on the application including your employment education and training history as it relates to the job requirements. Once you have submitted your application on-line all future correspondence related to your application will be sent via email. Please keep your contact information current. You may also view all correspondence sent to you by the State of Delaware in the My Applications tab . Accommodations are available for applicants with disabilities in all phases of the application and employment process. TDD users may request an auxiliary aid or service by calling or by visiting . You may also call or email for additional applicant services support. The State of Delaware is an Equal Opportunity employer and values a diverse workforce. We strongly encourage and seek out a workforce representative of Delaware including race color religion age sex national origin disability status genetics protected veteran status sexual orientation gender identity or expression.Accommodations
Required Experience:
IC
Key Skills
- Cognos
- Forecasting
- Hyperion
- Microsoft Access
- Pivot tables
- Accounting
- Analysis Skills
- Microsoft Excel
- Financial Analysis
- Financial Modeling
- Budgeting
- Financial Planning
About Company
The official website of the State of Delaware. Find information about state government, programs, and services. The First State is located in the Northeast U.S.
