Insurance Company Examiner 1

Are you interested in a career that allows you to utilize your background in auditing and accounting? If so, consider taking your career up a notch with the Insurance Department as an Insurance Company Examiner 1. Within this role, you will be responsible for reviewing and inspecting documents to determine if insurer's are in compliance with relevant state laws, rules, and regulations. If you are a detail-oriented professional eager to start a new chapter in your career, we encourage you to apply today!

As an Insurance Company Examiner 1, your primary responsibility is 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 higher-level 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 on any potential concerns and/or findings discovered during the examination. Additional responsibilities include:

• Reviewing regulatory filings
• Conducting interviews with management and discussing operations with company personnel
• Preparing examination work papers to provide accurate and complete documentation of observations, work performed, and examination findings in accordance with Department and NAIC standards and guidelines
• Assisting in identifying and assessing current and prospective solvency risks facing the company
• Assisting in reviewing and assessing the effectiveness of the insurer's audit function as well as the enterprise risk management (ERM) function to leverage existing work and gain efficiency in conducting examinations
• Assisting in identifying relevant controls and/or risk mitigation strategies to address identified risks and perform tests of controls to evaluate their effectiveness

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:

• One year of experience as an Insurance Company Examiner Trainee (Commonwealth job title or equivalent Federal Government job title, as determined by the Office of Administration); or
• One year 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
• An equivalent combination of experience and training that includes 6 college credits in accounting, 3 college credits in finance or economics, and 3 college 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.
• 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.