Insurance Company Examiner Trainee

The Pennsylvania Insurance Department is on the lookout for Insurance Company Examiner Trainees that are ready to kickstart their career! This role offers specialized on-the-job training where you will learn the skills necessary to review and inspect documents to determine if insurer's are in compliance with relevant state laws, rules, and regulations. This is the perfect opportunity to learn the fundamentals of the industry, build valuable skills, and work alongside experienced professionals. Apply today to start a new chapter in your career with our Financial Examinations team!

As an Insurance Company Examiner Trainee, you will learn how to review and evaluate an insurer's business processes and controls (including the quality and reliability of corporate governance) to assist in assessing solvency and monitoring its current financial condition and prospective risks. Work involves traveling to examination sites to assist examiners in conducting risk-focused examinations of records, documents, financial statements, and other related materials. You will have the opportunity to correspond with the examiner in charge (EIC), management, and the insurer regarding potential concerns and/or findings discovered during the examination. The following tasks will be performed in order to gain an understanding of insurer operations:

• Assisting with reviewing regulatory filings
• Observing discussions with department staff
• Participating in interviews with management and discussing operations with company personnel
• Reviewing public information, industry trends, and other sources of information
• Assisting in scaling the extent of review based on size, risk, and complexity of the insurer

Work Schedule and Additional Information:

• Full-time employment
• Work hours are 8:00 AM to 4:30 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.
• You will receive further communication regarding this position via email. Check your email, including spam/junk folders, for these notices.

QUALIFICATIONS

Minimum Experience and Training Requirements:

• 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
• An equivalent experience and training that includes 6 college credits in accounting, 3 college credits in finance or economics, and 3 college credits in business law.
• Applicants will be considered to have met the educational requirements once they are within 3 months of graduating with a qualifying degree.

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.
• 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.

Veterans:

Telecommunications Relay Service (TRS):

If you are contacted for an interview and need accommodations due to a disability, please discuss your request for accommodations with the interviewer in advance of your interview date.

The Commonwealth is an equal employment opportunity employer and is committed to a diverse workforce. The Commonwealth values inclusion as we seek to recruit, develop, and retain the most qualified people to serve the citizens of Pennsylvania. The Commonwealth does not discriminate on the basis of race, color, religious creed, ancestry, union membership, age, gender, sexual orientation, gender identity or expression, national origin, AIDS or HIV status, disability, or any other categories protected by applicable federal or state law. All diverse candidates are encouraged to apply.

• Completing the application, including all supplemental questions, serves as your exam for this position. No additional exam is required at a test center (also referred to as a written exam).
• Your score is based on the detailed information you provide on your application and in response to the supplemental questions.
• Your score is valid for this specific posting only.
• You must provide complete and accurate information or:
  • your score may be lower than deserved.
  • you may be disqualified.
• You may only apply/test once for this posting.
• Your results will be provided via email.