Insurance Company Licensing Specialist

About the role

This position reviews applications from insurance companies and related entities that conduct business in Pennsylvania. Your work analyzing these filings will ensure proper licensing procedures are followed to protect our state’s insurance consumers.

Responsibilities

• Review Applications: Read and approve or disapprove applications from new, domestic, and international insurance companies and related entities seeking initial licensure, renewal, or approvals for a variety of insurance related matters regulated by PID
• Analyze Documentation: Evaluate changes to articles of incorporation, bylaws, and corporate names as well as other filings and compliance materials submitted by insurers in relation to relevant rules, regulations, and contracts
• Support Collaboration: Communicate with internal PID and Commonwealth personnel, other state’s regulators, and the general public on licensing and insurance holding company matters
• Cook up Solutions: Work with company representatives to help them complete licensing and corporate transaction matters

Requirements

Minimum Experience and Training Requirements: One year of professional regulatory experience in the review and analysis of insurance corporation proposals, filings, operations, financial conditions or licensure requests and a bachelor’s degree in accounting, business administration, economics, finance or a closely related field; or One year of professional experience in analyzing financial statements of insurance companies, or examining the financial conditions of insurance companies or operations of insurance companies, and a bachelor’s degree in accounting, business administration, economics, finance or a closely related field; or An equivalent combination of experience and training which includes one year of professional experience in analyzing financial statements of insurance companies, or examining the financial conditions of insurance companies or operations of insurance companies.

Qualifications

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.

Skills

N/A

Benefits

N/A

Pay

Selected candidates who are new to employment with the Commonwealth of Pennsylvania will begin employment at the starting annual salary of $60,538 (before taxes).

Schedule

Full-time employment
Work hours are 7:30 AM to 4:00 PM, Monday - Friday, with a 60-minute lunch.
Telework: You may have the opportunity to work from home (telework) part-time, up to three days per week. In order to telework, you must have a securely configured high-speed internet connection and work from an approved location inside Pennsylvania. If you are unable to telework, you will have the option to report to the headquarters office in Harrisburg. The ability to telework is subject to change at any time.