Insurance Examiner III Job Listing at State of Vermont in Montpelier, VT (Job ID 1129716400A4)

Description

Overview

As an Examiner for the Vermont Department of Financial Regulation, Captive Insurance Division, your primary responsibilities include examinations and ongoing oversight of Vermont domiciled captive insurance companies. Utilizing a risk-focused approach, an Examiner will evaluate areas of captive insurance company operations and business practices, including corporate governance, strategy, business plan, IT systems, internal controls, financial reporting and regulatory compliance to ensure that the captive insurance company is able to meet it's obligations to insureds and is compliant with Vermont regulations. An Examiner also conducts research, participates on various task forces, is assigned special projects, and conducts annual and quarterly surveillance for a portfolio of companies. An Examiner must be self motivated and possess strong time management, organization, critical thinking and communication skills.

 

As of July 14, 2024 the step 1 rate for pay grade 23 will be $26.57 per hour.

 

Who May Apply

This position, Insurance Examiner III (Job Requisition #49366), is open to all State employees and external applicants.

 

Please Note: This position is being recruited at multiple levels. If you would like to be considered for more than one level, you MUST apply to the specific Job Requisition. 

 

Level II: 49432

Level III: 49366
 

If you would like more information about this position, please contact Heidi.Rabtoy@vermont.gov.

Resumes will not be accepted via e-mail. You must apply online to be considered.

Please note that multiple positions in the same work location may be filled from this job posting.

Environmental Factors

Work is performed primarily in a normal office setting at the office of the insurer being examined. Such offices may be located anywhere in the country, requiring travel and extended absence from the state. Work hours will vary according to examination and workload needs.

Minimum Qualifications

Master's degree in finance, accounting, business administration, or an equally relevant field AND two (2) or more years of experience at or above a technical level in accounting, auditing, or financial examination, INCLUDING at least one (1) year of experience in financial accounting for insurance enterprises.

 

OR

 

Bachelor's degree AND four (4) or more years of experience at or above a technical level in accounting, auditing, or financial examination, INCLUDING at least one (1) year of experience in financial accounting for insurance enterprises.

 

OR

 

Eighteen (18) months of experience as an Insurance Examiner II with the State of Vermont, with satisfactory completion of departmental performance requirements.

 

Note: Employees must obtain CPA or AFE (Accredited Financial Examiner) designation within two years of hire.

Total Compensation

As a State employee you are offered a great career opportunity, but it's more than a paycheck. The State's total compensation package features an outstanding set of employee benefits that are worth about 30% of your total compensation, including:

• 80% State paid medical premium and a dental plan at no cost for employees and their families
• Work/Life balance: 11 paid holidays each year and a generous leave plan
• State Paid Family and Medical Leave Insurance (FMLI)
• Two ways to save for your retirement: A State defined benefit pension plan and a deferred compensation 457(b) plan
• Tuition Reimbursement
• Flexible spending healthcare and childcare reimbursement accounts
• Low cost group life insurance
• Incentive-based Wellness Program
• Qualified Employer for Public Service Student Loan Forgiveness Program

Want the specifics? Explore the Benefits of State Employment on our website.

Equal Opportunity Employer The State of Vermont celebrates diversity, and is committed to providing an environment of mutual respect and meaningful inclusion that represents a variety of backgrounds, perspectives, and skills. The State does not discriminate in employment on the basis of race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, membership in an employee organization, family medical history or genetic information, or family or parental status. The State's employment decisions are merit-based. Retaliatory adverse employment actions by the State are forbidden.

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