Insurance Company Examination Manager - Not specified, United States - State of Pennsylvania

Description

Salary: $84, $128,627.00 Annually

Location : *Home Headquartered, PA

Job Type: Civil Service Permanent Full-Time

Job Number: CSSC

Department: Insurance Department

Division: IN Fin Exams

Opening Date: 04/12/2024

Closing Date: 4/25/2024 11:59 PM Eastern

Job Code: 03440

Position Number:

Union: Non-Union

Bargaining Unit: A3

Pay Group: ST10

Bureau / Division Code:

Bureau / Division: Bureau of Financial Examinations

City: Home Headquartered

Contact Name: Collette Rebuck

Contact Email:

THE POSITION

Are you interested in taking the next step in your career? The Insurance Department is seeking a dedicated Insurance Company Examination Manager to complete our team. This position allows you to supervise examination staff and/or external vendors, or other state insurance department personnel to conduct on and offsite risk-focused examinations of records, documents, financial statements and other related materials. All examination work is conducted under the principle of protecting the insurance company's statutory surplus and financial solvency for the benefit of the policyholders. Take your career to the next level, apply today

DESCRIPTION OF WORK

In this role, you will be responsible for supervising and mentoring lower-level examiners. You will have overall responsibility for the financial examination, including the accuracy, clarity, and completeness of the examination work papers and the final Report of Examination submitted to the Bureau Director. You may have the opportunity to travel to examination sites, both within and outside of the Commonwealth of Pennsylvania to meet with insurance company personnel and oversee the work of the examination team. Responsibilities include, but are not limited to:

• Assisting the Director to coordinate insurance group financial examinations with other states
• Managing the entire examination including but not limited to, scheduling, preparing planning and procedural forms, budgeting, coordinating, monitoring progress, and managing closing processes
• Communicating effectively with management and the insurer, regarding the details of exam findings through Reports of Examination, management letters, and exit conferences
• Attending regular meetings
• Providing technical assistance and policy guidance
• Preparing monthly status reports

Interested in learning more? Additional details regarding this position can be found in the position description.

Work Schedule and Additional Information:

• Full-time employment
• Work hours are 7:30 AM to 4:00 PM, Monday - Friday, with 60-minute lunch.
• Work hours may be flexible within operational needs.
• 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.

REQUIRED EXPERIENCE, TRAINING & ELIGIBILITY

QUALIFICATIONS
Minimum Experience and Training Requirements:

• One year of experience as an Insurance Company Examiner 3 (commonwealth title); or
• Designation as a Fellow of the Society of Actuaries (FSA), Fellow of the Casualty Actuary Society (FCAS), Associate of the Society of Actuaries (ASA) or Associate of the Casualty Actuary Society (ACAS); or
• Designation as a Certified Public Accountant (CPA) and two years of professional experience in the audit or examination of the financial conditions and operations of insurance companies; or
• Five years 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 is 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 college 3 credits in business law.

Other Requirements:

• This particular position also requires possession of a Certified Public Accountant (CPA) license or Certified Financial Examiner (CFE) license.
• 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 will eliminate you from consideration for this position.

Veterans:

• Pennsylvania law (51 Pa. C.S. §7103) provides employment preference for qualified veterans for appointment to many state and local government jobs. To learn more about employment preferences for veterans, go to and click the Veterans' Preference tab or contact us at ra-cs-

Telecommunications Relay Service (TRS):

• 711 (hearing and speech disabilities or other individuals).

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.

EXAMINATION INFORMATION

• 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.

Learn more about our Total Rewards by watching this short

Health & Wellness

We offer multiple health plans so our employees can choose what works best for themselves and their families. Our comprehensive benefits package includes health coverage, vision, dental, and wellness programs.*

Compensation & Financial Planning
We invest in our employees by providing competitive wages and encouraging financial wellness by offering multiple ways to save money and ensure peace of mind including multiple retirement and investment plan options.

Work/Life Balance
We know there's more to life than just work Our generous paid leave benefits include paid vacation, paid sick leave, eight weeks of paid parental leave, military leave, and paid time off for most major U.S. holidays, as well as flexible work schedules and work-from-home opportunities.*

Values and Culture
We believe in the work we do and provide continual opportunities for our employees to grow and contribute to the greater good. As one of the largest employers in the state, we provide opportunities for internal mobility, professional development, and the opportunity to give back by participating in workplace charitable giving.

Employee Perks
Sometimes, it is the little "extras" that make a big difference. Our employees receive special employee-only discounts and rates on a variety of services and memberships.

For more information on all of these Total Rewards benefits, please visit and click on the benefits box.

*Eligibility rules apply.

01

Selective Certification - Are you designated as a Certified Financial Examiner (CFE)?If you answer yes, please attach a copy of your certificate proving designation.

• Yes
• No

02

You must complete the supplemental question(s) below. Failure to provide complete and accurate information may delay the processing of your application or result in a lower-than-deserved score or disqualification. You must complete the application and answer the supplemental question(s). Resumes, cover letters, and similar documents will not be reviewed for the purposes of determining your eligibility for the position or to determine your score.All information you provide on your application and supplemental question(s) is subject to verification. Any misrepresentation, falsification or omission of material facts is subject to penalty. Read the question(s) carefully. Determine and select the option that most closely represents your highest level of experience/training/certification. The option you choose must be clearly supported if requested.
If you have read and understand these instructions, please click on the "Yes" button and proceed to the exam questions.

If you have general questions regarding the application and hiring process, please refer to our

• Yes

03

Have you been employed by the Commonwealth of Pennsylvania as an Insurance Company Examiner 3 for one or more years full-time?

• Yes
• No

04

If you are claiming experience in the above question, please list the employer(s) where you gained this experience in the text box below. The employer(s) and a description of the experience must also be included in the appropriate sections of your application if you would like the experience to be considered in the eligibility decision. If you claimed you do not have experience, type N/A in the text box below.

05

How much full-time professional experience do you possess in the audit or examination of the financial conditions and operations of insurance companies?

• 5 years or more
• 4 but less than 5 years
• 3 but less than 4 years
• 2 but less than 3 years
• 1 but less than 2 years
• Less than 1 year
• None

06

If you are claiming experience in the above question, please list the employer(s) where you gained this experience in the text box below. The employer(s) and a description of the experience must also be included in the appropriate sections of your application if you would like the experience to be considered in the eligibility decision. If you claimed you do not have experience, type N/A in the text box below.

07

Have you successfully completed 6 college credits in accounting, 3 college credits in finance or economics, and 3 college credits in business law?If you are claiming credits/degree, you must upload a copy of your college transcript(s) for this education to be considered in the eligibility decision. Unofficial transcripts are acceptable. You must attach your transcript(s) prior to the submission of your application by using the "Attachments" tab on the left. You will not be able to add a transcript(s) to the application after it has been submitted.

If you answer "yes" to this question based on education acquired outside of the United States, you must also upload a copy of your foreign credential evaluation. For more information on foreign education credentials, please visit and click on Other Information.

• Yes
• No

08

Are you designated as a Certified Public Accountant (CPA)?

• Yes
• No

09

If you answered yes to the above question, please provide your CPA license number in the box below. If no, type N/A in the box below.

10

Are you designated as a Fellow of the Society of Actuaries (FSA), Fellow of the Casualty Actuary Society (FCAS), Associate of the Society of Actuaries (ASA) or Associate of the Casualty Actuary Society (ACAS)? If you answer yes, please attach a copy of your certificate proving designation.

• Yes
• No

11

How many semester credits of graduate coursework have you completed in accounting, finance, or a closely related field?If you are claiming credits/degree, you must upload a copy of your college transcript(s) for this education to be considered in the eligibility decision. Unofficial transcripts are acceptable. You must attach your transcript(s) prior to the submission of your application by using the "Attachments" tab on the left. You will not be able to add a transcript(s) to the application after it has been submitted.

If your education was acquired outside of the United States, you must also upload a copy of your foreign credential evaluation. For more information on foreign education credentials, please visit and click on Other Information.

• 30 credits or more
• Less than 30 credits
• None

Required Question