Financial Examiner

Overview

This role performs financial examinations and regulatory consulting services for state insurance departments. Responsibilities vary by seniority level and offer significant opportunities for advancement and professional growth.

Responsibilities

• Perform risk-focused financial examinations to determine solvency and compliance to statutes on behalf of Risk & Regulatory Consulting, LLC insurance clients.
• Review examination workpapers and evaluate insurance company operations.
• Support actions that ensure the integrity of the regulatory system.
• Assist in preparing reports, exhibits, and supporting schedules that detail a company’s solvency, condition, and compliance with laws and regulations, and recommend solutions to questionable financial conditions.
• Submit draft reports in a timely manner for review.
• Recommend and document actions to ensure compliance with laws and regulations and to protect solvency of the company.
• Provide knowledge and guidance of insurance laws, rules, and regulations.
• Review and analyze new, proposed, or revised laws, regulations, policies, and procedures to interpret meaning and determine impact.
• Analyze financial operating statements, reports, and records relating to specific and overall operations of insurance companies; prepare and supervise writing of clear, complete, concise, and informative reports of financial conditions of insurance companies and health care organizations.
• Continuously enhance knowledge of:
  • Principles, practices, techniques, and methods of accounting and auditing
  • Insurance examination and regulation
  • Insurance laws and Insurance Commissioner’s rulings
  • Related Attorney General opinions and court decisions
  • Insurance company practices
  • Statistical sampling procedures
  • Basic actuarial mathematics
  • Principles and practice of effective supervision of insurance companies and health care organizations

Requirements

• Bachelor’s Degree in Accounting or Finance; MBA and/or professional certification(s) preferred
• Minimum 10+ years of experience as an accountant, auditor, or examiner with a state insurance department or a public accounting firm; or as an accountant, internal or external auditor or examiner of insurance companies
• Insurance industry experience is required
• Certified Financial Examiner (CFE) or CFE Candidate, CPA or CPA candidate, and/or Certified Internal Auditor (CIA) or CIA Candidate a plus
• Proficiency with PC tools, including experience using software for producing presentations, spreadsheets, and project planning (skilled in TeamMate, ACL/Access, and MS Excel, Word and Power Point)
• Strong interpersonal, presentation, analytical, and examination/audit skills
• Excellent organizational skills and ability to prioritize multiple tasks, projects, and assignments using effective time management
• Strong written and verbal communication skills
• Dynamic/flexible demeanor with exceptional client service skills
• Must be self-motivated, able to work independently, and have a sense of urgency
• Skilled in team building and team development
• Work from home with flexibility to travel
• Ability to demonstrate ethical and professional standards as outlined by the Firm

Preferred Qualifications

• MBA and/or professional certification(s)
• CFE/CPA/CIA certifications (or candidate status)

Compensation & Benefits

• Compensation range: $94,400 - $178,800
• Discretionary bonus eligibility based on firm and individual performance
• Competitive benefits and compensation package

Location

• Work from home — any US location
• Flexibility to travel

Equal Opportunity / Additional Notes

• All applicants will receive consideration for employment without discrimination based on race; color; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender; sexual orientation; HIV status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the US uniformed service; US Military/Veteran status; pre-disposing genetic characteristics; or any other characteristic protected under applicable federal, state, or local law.
• Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment/partnership.

Disclosures

• The employer does not intend to hire entry level candidates who will require sponsorship now or in the future (i.e., F-1 visa holders).
• Qualified applicants with arrest or conviction records may be considered.
• For individuals living in California or applying to a position in California, additional information applies.