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Insurance Department Company Financial Analyst

Company: State of North Dakota
Location: Bismarck
Posted on: April 6, 2021

Job Description:

Summary of WorkThis position works closely with examiners in its own division as well as other Department divisions.Candidates must be able to communicate complex financial information to all types of internal and external customers.* Review, evaluate and monitor the financial condition and solvency of insurance related entities doing business in North Dakota.* Interpret and apply North Dakota insurance laws and rules; identify areas of insurer compliance and noncompliance with statutory requirements.* Assist in the development and implementation of department policies and procedures* Modify or implement standards to ensure that the Department will maintain accreditation with the National Association of Insurance Commissioners (NAIC) Accreditation Program.* Review and approve holding company transactions.* Provide testimony at Department hearings regarding mergers and acquisitions of insurance companies.* Analyze financial statements to determine if insurance companies meet requirements for licensure in North Dakota.* Other miscellaneous duties as assigned.* Conduct special investigations of troubled insurance companies; recommend enforcement actions to the Chief Examiner or Commissioner.* Monitor the impact of the federal and state regulations on domestic insurers.* Participate in national organizations and work with regulators nationally and internationally.* Training and management of company licensing and financial staff may be required from time to time.* Some travel may be required.Minimum QualificationsRequires a bachelor's degree with a major in accounting, economics, finance, insurance, risk management, or business; and three years of financial analysis or insurance company examination work experience. Requires certification as an Accredited Financial Examiner within four years of hire and certification as a Certified Financial Examiner within six years of hire.Application ProceduresApplicants are screened based on qualifications, successful completion of the interview process and a background and criminal investigation. Applicants must be legally authorized to work in the United States. Applications must be completed by 11:59 on the closing date.Documents to be submitted:* Resume* Cover Letter* Three professional references* College transcriptsApplicants who are residents of ND and eligible to claim veteran's preference must attach Form DD214. Claims for disabled veteran's preference must include a current statement of disabled status from the Veteran's Affairs Office with the application for employment.Anyone needing assistance or accommodations during any part of the application or interview process please contact Rachel: E-mail: ...@nd.govPhone: (701) ### #### fax: (701) ### #### or TTY: 1 800 ### #### or local at (701) ### ####Equal Employment OpportunityThe State of North Dakota and this hiring agency do not discriminate on the basis of race, color, national origin, sex (including sexual orientation and gender identity), genetics, religion, age or disability in employment or the provisions of services and complies with the provisions of the North Dakota Human Rights Act.As an employer, the State of North Dakota prohibits smoking in all places of state employment in accordance with N.D.C.C. 23-12-10.Associated topics: business intelligence, forecasting, inspect, investment analyst, investment fund, law, legal, monitor, strategy, valuation analyst

Keywords: State of North Dakota, Bismarck , Insurance Department Company Financial Analyst, Accounting, Auditing , Bismarck, North Dakota

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