Schedule: Full-time
This position is only open to current Ohio Department of Insurance employees.
What You'll Do:
Your Key Responsibilities include but are not limited to the following:
Serves as Assistant chief Examiner Analyst & plans, directs & administers activities within the Examination and Analysis Sections of Office of Risk Assessment.
Supervises assigned staff in conducting financial examination &/or analyses of insurance companies authorized to conduct business in Ohio to determine financial solvency of insurer & compliance with appropriate statutes, rules & regulations.
Assigns teams to insurers scheduled for examination, to comply with statutory mandates for periodic examinations.
Provides supervision & guidance to staff regarding assessments of insurers’ financial condition; participates in discussions internally & with insurance company representatives regarding accounting & solvency issues.
Prepares performance evaluations; initiates disciplinary actions & recommends &/or provides training, approves or disapproves requests for leave, & travel expense reports.
Conducts comprehensive examinations/analysis of financial statements and books & records (e.g., assets, liabilities, income, disbursements, operating policies & procedures), to verify property ownership, valuation, statutory compliance & internal controls.
Reports findings of material changes &/or issues of regulatory significance, assists in regulatory action against insurers (e.g., supervisions, rehabilitations & liquidations).
Minimum Qualifications:
10 yrs. exp. as Chief Financial Officer, Treasurer or Vice President of Finance for an Insurance Company with experience in accounting, auditing, taxation, investments, marketing, information systems & state insurance regulations; valid driver’s license; must provide own transportation.
-Or certified Financial Examiner (i.e., CFE) designation by Society of Financial Examiners; 7 yrs. exp. in accounting, internal auditing, finance, marketing, insurance or business administration; 12 mos. trg. or 12 mos. exp. in employee training & development; 12 mos. trg. or 12 mos. exp. in supervisory principles/techniques; valid driver’s license; must provide own transportation.
-Or Certified Public Accountant (i.e., CPA) designation by state accountancy board; 7 yrs. exp. in accounting, internal auditing, finance, marketing, insurance or business administration; 12 mos. trg. or 12 mos. exp. in employee training & development; 12 mos. trg. or 12 mos. exp. in supervisory principles/techniques; valid driver’s license; must provide own transportation.
-Or equivalent of Minimum Class Qualifications For Employment noted above may be substituted for the experience required, but not for the mandated licensure/designation.
Preferred Qualifications:
ODI Management Experience.
Job Skills: Auditing