Financial Institution Examiner 9-P11

About the role

The Department of Insurance and Financial Services (DIFS) is seeking a Financial Institution Examiner to work in public service within the Office of Insurance Evaluation. This role involves monitoring and examining the condition of insurance companies in Michigan, providing guidance, evaluating compliance with state and federal regulations, and encouraging sound business practices.

Responsibilities

• Meet with management teams, boards of directors, and industry professionals to provide guidance and evaluate compliance.
• Conduct examinations, visits, or investigations of state-chartered depository or state-licensed non-depository financial institutions, or financial examinations of state-licensed insurance companies.
• Travel to diverse work locations for examinations, training opportunities, and conferences.
• Work independently and within a team to solve problems and communicate clearly and effectively both orally and in writing.

Requirements

• Education: Possession of a bachelor's degree with a business major including completion of a business core curriculum.
• Experience: At least 1 year of professional experience evaluating and determining safe and sound operating practices through examinations, visitations, or investigations of state-chartered depository or state-licensed non-depository financial institutions or financial examinations of state-licensed insurance companies.

Qualifications

• Drive to serve the people of the State of Michigan and make a difference in an important role supporting Michigan individuals and businesses.
• Desire to travel to diverse work locations for examinations, training opportunities, and conferences.
• Ability to thrive in a dynamic, collaborative, and high-tech environment while demonstrating sound professional judgement and decision-making.
• A curious and analytical mind capable of analyzing complex statutes, policy forms, and converting this information into an easy-to-understand, consumer-friendly format.
• The ability to communicate clearly, concisely, and effectively both orally and in writing.
• The desire to work closely with colleagues and management to solve problems.
• The ability to work well both independently and within a team.

Skills

• Proficiency in analyzing complex statutes, policy forms, and converting information into a consumer-friendly format.
• Strong communication skills, both oral and written.
• Ability to work independently and collaboratively.
• Curiosity and analytical mindset.

Benefits

• Competitive pay, retirement, health, vision, and dental benefits.
• Relocation expenses are not reimbursed.

Pay

The salary range for this position is $58,000 to $94,000 annually, based on education and experience.

Schedule

This is a hybrid position located primarily in Southeast Michigan. In-state travel, including overnight, and some out-of-state travel for training is required. You will perform portions of examinations at the offices of insurance entities across the state and complete assignments at your official workstation (i.e., home) or our office in Lansing, Michigan. Work must be performed in Michigan. If you currently reside outside of Michigan, you must relocate to Michigan to perform the duties of this position.

Additional Requirements and Information

View the entire job specification at: https://www.michigan.gov/mdcs/-/media/Project/Websites/mdcs/JOBSPECS/F/FinancialInstitutionsExaminer.pdf