Insurance Financial Analyst (Insurance Examiner)

: Initial Posting Date: 01/29 Application Deadline: 02/12 Agency: Department of Consumer & Business Services Salary Range: $5,747 - $8,831 Position Type: Employee Position Title: Insurance Financial Analyst (Insurance Examiner) : Our mission... To protect and serve Oregon's consumers and workers while supporting a positive business climate. The Department of Consumer and Business Services (DCBS) is a progressive business regulatory state agency dedicated to the mission of protecting and serving Oregon's consumers and workers while supporting a positive business climate. The department administers state laws and rules governing workers' compensation, occupational safety and health, financial institutions, insurance companies and building codes. The department has consumer protection and education programs, offices, and ombuds to help consumers, injured workers, and businesses. This position is with the Division of Financial Regulation (DFR). DFR's mission supports that of the department by protecting Oregonians' access to fair products and services through education, regulation, and consumer assistance. The division is responsible for ensuring the safety and soundness of financial institutions, the availability and affordability of financial products, and the fair treatment of consumers. Functions include licensing, regulating, and monitoring the conduct of banks, credit unions, financial services providers, health care service contractors, insurance companies, and licensed or registered agents of such entities. This position is represented by the Service Employees International Union (SEIU). What's in it for you:

• Rewarding work in a productive and creative environment
• Colleagues who are passionate about public service
• Work/life balance, 11 paid holidays a year, and a competitive benefits package
• Advancement and learning opportunities that will help grow your career with the State of Oregon
This position is eligible for fully remote work once the incumbent has gained the proficiency to perform work independently. The incumbent may occasionally be asked to work from the office on an as-needed basis. Here's what you will do: As an Insurance Financial Analyst, you will:
• Perform independent in-depth analysis of insurance company annual and quarterly financial statements.
• Code provisions and administrative rules relating to admitted assets, proper accounting for all liabilities, requirements pertaining to types of investments and limitations on investments; and determine through analysis of financial ratios and relationships that the insurer is not operating in a hazardous manner.
• Work must be completed within timeframes set in statute, and generally within timeframes set in both the accreditation guidelines and the analyst manual.
• Communicates in writing or by telephone with insurers regarding questions or compliance issues.
• Prepares summary of important findings and make recommendations resulting from the analysis to Chief Analyst. The recommendations must be supported by statute, administrative rule, administrative policy, accounting practices and procedures or other relevant authority.
For a complete listing of the duties and responsibilities of this position, please review the position description by clicking here . Here's what you need to qualify: The goal of this recruitment is to fill this position at the Insurance Examiner level. However, we encourage candidates who meet the Insurance Examiner Entry qualifications to apply as we may consider underfilling the position for up to 24 months. Underfill candidates will be paid at the Insurance Examiner Entry level salary range of $ 4,755.00 - $ 7,296 monthly and must meet the Insurance Examiner qualifications within 24 months of hire. Minimum Qualifications: Insurance Examiner Minimum Qualifications:
• Hold the Accredited Insurance Examiner (AIE) or Certified Insurance Examiner (CIE) designation offered through the Insurance Regulatory Examiners Society.
Insurance Examiner Entry Level Minimum Qualifications:
• A bachelor's degree in accounting from an accredited college or university or a bachelor's degree with the successful completion of the following courses: accounting fundamentals (6 semester hours), intermediate accounting (6 semester hours), general auditing (3 semester hours), business law (6 semester hours-3 of the semester hours can be acquired through completion of LOMA, CPCU, or CLU courses)
NOTE: Eligible to hold the Accredited Financial Examiner designation offered through the Society of Financial Examiners or the Accredited Insurance Examiner (AIE) within two years of employment with the Oregon Insurance Division. Requested Skills:
• Strong accounting and analytical skills
• Effective organization and independent work skills
• Proficiency with electronic workpapers and spreadsheets
• Good written and verbal communication skills
• Ability to maintain confidentiality of information
• Detail oriented
Application information:
• A resume and cover letter are required for this job posting. Please attach them in the “Resume / CV” section of the application.
• Please ensure that you clearly demonstrate in your application materials that you meet the qualifications listed and that you follow all instructions carefully. Only complete applications received by the posted application deadline date will be considered.
• You may be asked to submit a skills assessment, a writing sample, or a video interview as part of the application screening process.
Additional information:
• Per the Pay Equity Law passed in 2017, a pay equity analysis will be conducted to determine what pay step the successful candidate will be offered. The analysis will be based on the relevant experience, education, training, and certifications documented in the application materials. On average, candidates new to state service will most likely be offered compensation in the lower to mid-level of the salary range.
• This position is subject to a fingerprint background check for any convictions directly related to its duties and responsibilities. Only job-related convictions will be considered and will not automatically disqualify the candidate.
• Eligible veterans who meet the qualifications will be given veterans' preference. For further information, please see the following website: Veterans Resources . NOTE: If claiming veterans' preference please be sure to check your Workday account for pending tasks or actions under your “My Applications” section.
• We hire preferred workers! For more information, please visit our website: Preferred Worker Program .
• The Department of Consumer and Business Services (DCBS) does not offer VISA sponsorships. Within three days of hire, you will be required to complete the US Department of Homeland Security's I-9 form confirming authorization to work in the United States. DCBS will use E-Verify to confirm that you are authorized to work in the United States.
Helpful links and contact information: Learn more about DCBS Understanding the State Application Process Help and Support webpage For more information you may contact us by e-mail at or by phone at View phone number on us.fitly.work. DCBS is fully committed to attracting, retaining, developing, and promoting the most qualified candidates without regard to their race, gender, color, religion, sexual orientation, national origin, age, physical or mental disability, or veteran status. For more information, please visit our diversity, equity and inclusion webpage .