Audits Manager 1

State Of South Carolina

Job Location:

Richland County, OH - USA

Yearly Salary: $ 73000 - 95000

Posted on: 14 hours ago

Vacancies: 1 Vacancy

Job Summary

Job Responsibilities

Mission Statement:

The mission of the State of South Carolina Department of Insurance is to protect the insurance consumers the public interest and the insurance marketplace by ensuring the solvency of insurers; by enforcing and implementing the insurance laws of the State; and by regulating the insurance industry in an efficient courteous responsive fair and equitable manner. For more information about working at the SC Department of Insurance please visitDepartment of Insurance SC - Official Website Official Website

This position is located in the Office of Financial Regulation and Solvency/Examinations.

Under the direction of the Chief Financial Examiner theLead Financial Examiner (Audits Manager I)serves as a senior-level technical resource responsible for planning conducting and reviewing financial examinations of domestic insurers both Traditional and Captive as well as HMOs to ensure compliance with South Carolina insurance statutes regulations and the National Association of Insurance Commissioners (NAIC) Examiners Handbook and Accounting Guidance.

Using NAIC guidance the Lead Financial Examiner:

Plans and conducts financial examinations in accordance with established Department procedures and NAIC guidelines.
Interprets State laws regulations and NAIC guidelines.
Prepares and follows detailed examination work plans and ensures accurate workpaper documentation.
Reviews and approves examination workpapers prepared by other examiners and Examiner in Charge (EIC) as directed.
Provides professional and technical advice to top agency management based on examination findings.
Confers with company representatives and Department leadership regarding examination results.
Develops recommendations for regulatory action.

Minimum and Additional Requirements

Bachelors degree in mathematics accounting insurance business administration or economics with at least 18 hours of accounting required.
Prior auditing experience at a CPA firmOR
Prior insurance regulatory experience that included leading examination teamsOR
Prior experience performing lead or review responsibilities for examination or audit teams.
Certified Financial Examiner (CFE) designation required at the time of hire or within designated timeframe determined by the Department.

Preferred Qualifications

One or more of the following preferred:

CPA designation
Masters degree in accounting

Additional Comments

Utilization of TeamMate software for examination work.

Educational Credentials:

Applicants indicating college credit or degree(s) on the application will be required to submit a sealed certified copy of the transcript(s) prior to beginning employment. Failure to produce an official certified transcript will result in any conditional offer of employment being rescinded.

Equal Opportunity Employer:

It is the policy of the South Carolina Department of Insurance to provide equal employment opportunities to all job applicants and employees without regard to their race color religion national origin sex (including but not limited to pregnancy childbirth or related medical conditions and lactation) disability or age.

Veteran Preference Statement:

South Carolina is making our Veterans a priority for employment in state agencies and institutions.

The Department of Insurance offers an exceptional benefits package for FTE positions that includes:

Health Dental Vision Long Term Disability and Life Insurance for Employee Spouse and Children
15 days annual (vacation) leave per year
15 days sick leave per year
13 paid holidays
State Retirement Plan (pension plan option) and Deferred Compensation Programs
Employee Assistance Program
- Free counseling sessions for employees and household members
- Free legal counseling
- Free financial counseling
Flexible Work Schedules
- Compressed work weeks
- Part-time telecommuting
- Flex-time
- Contingent upon completing required probationary period
Free Gym Access
Growth Opportunities
- Certifications/designation program allowing for salary increases and bonuses
Infants at Work Program
- Employees eligible to bring their newborn/infant to the workplace
Free Parking

Required Experience:

Manager

Job ResponsibilitiesMission Statement:The mission of the State of South Carolina Department of Insurance is to protect the insurance consumers the public interest and the insurance marketplace by ensuring the solvency of insurers; by enforcing and implementing the insurance laws of the State; and by...