Insurance Company Examination Manager

Description of Work

This position oversees accounting, auditing, and managerial work in the examination of the financial conditions and operations of insurance companies. Our teams will rely on you to direct examination projects, support staff development, and ensure effective communication, collaboration, and compliance.

• Team Leadership: Supervise and mentor department staff examiners; provide training and technical assistance with difficult or sensitive work; and travel to visit examination sites, meet with insurance company personnel, and oversee examination staff progress
• Project Management: Organize teams and assign internal staff responsibilities; direct planning, scheduling, budgeting, and progress monitoring for examinations of all sizes and complexities
• Solvency Evaluation: Approve teams’ work plans; review and approve detailed assessments of each insurer’s current financial condition, prospective solvency, and recommended corrective measures; and ensure irregularities are investigated
• Quality Review: Examine and edit work papers and reports to verify accuracy, clarity, completeness, and compliance with all relevant laws, requirements, and standards; follow up on corrective action plans
• Collaboration Support: Help the Director coordinate examinations with other states to avoid duplication; prepare status reports; facilitate effective communications between the Department and insurers; and testify during legal proceedings

Work Schedule and Additional Information

Full-time employment
Work hours are 8:00 AM to 4:00 PM, Monday - Friday, with a 60-minute lunch.
Telework: This position is home headquartered. In order to be home headquartered, you must have a securely configured high-speed internet connection and work from an approved location inside Pennsylvania.

Salary

In some cases, the starting salary may be non-negotiable.

Required Experience, Training & Eligibility

Minimum Experience and Training Requirements: One year of experience as an Insurance Company Examiner 3 (Commonwealth job title or equivalent Federal Government job title, as determined by the Office of Administration); or Five years of professional experience in the audit or examination of the financial conditions and operations of insurance companies; and a bachelor’s degree that includes 6 college credits in accounting, 3 college credits in finance or economics, and 3 college credits in business law; or Designation as a Certified Public Accountant (CPA) and two years of professional experience in the audit or examination of the financial conditions and operations of insurance companies; or Designation as a Fellow of the Society of Actuaries (FSA), Fellow of the Casualty Actuary Society (FCAS), Associate of the Society of Actuaries (ASA) or Associate of the Casualty Actuary Society (ACAS); or An equivalent combination of experience and training that includes 6 college credits in accounting, 3 college credits in finance or economics, and college 3 credits in business law.

Other Requirements: You must meet the PA residency requirement . For more information on ways to meet PA residency requirements, follow the link and click on Residency Guidelines. You must be able to perform essential job functions.

How to Apply

Resumes, cover letters, and similar documents will not be reviewed, and the information contained therein will not be considered for the purposes of determining your eligibility for the position. Information to support your eligibility for the position must be provided on the application (i.e., relevant, detailed experience/education).

If you are claiming education in your answers to the supplemental application questions, you must attach a copy of your college transcripts for your claim to be accepted toward meeting the minimum requirements. Unofficial transcripts are acceptable.

Your application must be submitted by the posting closing date . Late applications and other required materials will not be accepted. Failure to comply with the above application requirements may eliminate you from consideration for this position.

All application materials and interview responses must reflect the applicant’s own experience, qualifications, and work.

Veterans: Pennsylvania law (51 Pa. C.S.7103) provides employment preference for qualified veterans for appointment to many state and local government jobs. To learn more about employment preferences for veterans, go to www.pa.gov/agencies/employment/how-to-apply.html and click on Veterans.

Telecommunications Relay Service (TRS): 711 (hearing and speech disabilities or other individuals).