CHIEF INSURANCE EXAMINER - Requisition ID: [[id]]
Recruitment Type: Open Competitive
Posting Close Date: N/A
Geographical Location: Carson, Minden, Gardnerville, Genoa
Department:DEPARTMENT OF BUSINESS AND INDUSTRY
Division: B&I - INSURANCE DIVISION
Business Unit: HR-INSURANCE REGULATION
*Pay Grade: GRADE 42
Salary Range: $70,428.24 - $105,945.12
Full-Time/Part-Time: Full Time
Recruiter: DARRELL MORLAN
Phone: 775 684-0126
This is a Chief Insurance Examiner position located in Carson City, NV. The incumbent will oversee the Corporate and Financial unit of The Division of Insurance. This includes supporting and training financial team in risk focused surveillance processes to identify potential risks in insurance companies’ operations and financial oversight. All surveillance methods must follow C&F policies including the requirements under the NAIC Financial Examiners handbook. This includes ensuring the team is trained and properly using examination and on-going analysis tools. Duties also include updating training materials to include any new statutory or regulatory changes to risk focused surveillance. The Chief is also responsible for coordinating examinations with other states or territories if required and to draft statutes and regulations if necessary to keep the state requirements in line with the changing risk focused surveillance oversight opportunities.
Incumbents function as managers who train, supervise and evaluate the performance of subordinate supervisors; develop policies and procedures; and allocate staff and resources to accomplish goals and objectives.
To see full Class Specifications visit: http://hr.nv.gov/Resources/ClassSpecs/Class_Specifications-11_0//
- Bachelor's degree from an accredited college or university in accounting, business administration, finance or related field, and four years of supervisory and/or management level experience which involved 1) the audit or examination of insurance companies and their operations; 2) the examination and/or analysis of insurance companies' products and programs that required the application of statutes, regulations and rules to determine the solvency and tax structure of insurance companies; or 3) determination of the appropriateness and soundness of insurance companies' products and programs; OR two years of experience as an Insurance Examiner II or Insurance Actuarial Analyst II in Nevada State service; OR an equivalent combination of education and experience as described above.
- This position requires certificationas a Certified Financial Examiner (CFE), Associate Financial Examiner (AFE), or Certified Public Accountant (CPA) at the time of appointment and as a condition of continuing employment.
- Experience working with reviews of annual statements, quarterly financial statements, actuarial opinions, CPA audit reports, risk-based capital reports, management discussion & analysis (MDA) holding company filings and risk bearing instruments commonly used by the insurance industry is required.
Application Evaluation Exam
- The exam will consist of an application and resume evaluation. It is essential that applications/resumes include detailed information with time frames regarding education and experience. The most qualified applicants will be contacted by the hiring agency for interview. The hiring agency may require specific skills related testing as part of the interviewing process.
This recruitment may close at any time based on the number of applications received. Qualified applicants are encouraged to apply as soon as possible.
*The salary range indicated in this announcement is based on the Employee/Employer retirement compensation schedule. An employer-only option is available at a reduced salary range.
The State of Nevada is committed to Equal Employment Opportunity/Affirmative Action in recruitment of its employees and does not discriminate on the basis of race, color, national origin, religion or belief, age, disability, sex, sexual orientation, gender identity or expression, pregnancy, domestic partnership, genetic information (GINA), or compensation and/or wages. Nearest Major Market:
Carson City Nearest Secondary Market: