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    Unclassified Deputy Commissioner - Baton Rouge, United States - Louisiana Department of State Civil Service

    Louisiana Department of State Civil Service
    Louisiana Department of State Civil Service Baton Rouge, United States

    2 weeks ago

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    Description
    Unclassified Deputy Commissioner

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    Unclassified Deputy Commissioner

    Salary

    $115, $166,400.00 Annually

    Location

    Baton Rouge, LA

    Job Type

    Unclassified

    Job Number


    DOI
    Department

    Insurance-Commissioner of Insurance

    Opening Date

    04/02/2024

    Closing Date

    7/1/2024 11:59 PM Central


    • Description
    • Benefits
    Supplemental Information

    This vacancy is located in the Office of Financial Solvency. Depending on experience, annual salary is $115,00 - $166,400.

    Serves as the Deputy Commissioner for the Office of Financial Solvency within the Louisiana Department of Insurance as designated in


    LA RS:
    36:693 Office of Financial Solvency ) .

    Primary job function is the oversight and supervision of the Office responsible for monitoring the financial condition and solvency of all alien, domestic and foreign insurers & reinsurers doing business in the state of Louisiana.

    Supervises the Financial Examination, Financial Analysis, and Actuarial units.


    To apply for this vacancy, click on the "Apply" link above and complete an electronic application, which can be used for this vacancy as well as future job opportunities.

    Applicants are responsible for checking the status of their application to determine where they are in the recruitment process. Further status message information is located under the Information section of the Current Job Opportunities page.

    Resumes WILL NOT be accepted in lieu of completed education and experience sections on your application. Applications may be rejected if incomplete.

    For further information about this vacancy contact:
    Brandi Russell

    Louisiana Department of Insurance

    P.O. Box 94214

    Baton Rouge, LA 70804

    Qualifications


    Minimum Qualifications:

    • A baccalaureate degree from an accredited college or university with a concentration in business administration, business management, accounting, finance, statistics, or economics plus 8 years of professional level experience with 3 years of supervising 2 or more professional individuals.
    • Advanced degrees such as M.B.A., J.D. or Ph.
    D. will also be considered.


    • Certified Financial Examiners (CFE), Certified Public Accountants (CPA), Senior Professional in Insurance Regulation (SPIR) or Chartered Property Casualty Underwriter (CPCU) designations are preferred.
    Job Concepts

    Essential Functions & Knowledge:

    The listed items are illustrative only and are not intended to describe every function which may be performed in the job position.


    • Knowledge of Statements of Statutory Accounting Principles (SSAP), NAIC Accreditation Standards, NAIC Financial Analysis Handbook, and NAIC Financial Condition Examiners Handbook.
    • Maintains the Department's compliance with the National Association of Insurance Commissioners (NAIC) Accreditation Standards.
    • Knowledge of business risks, operations, financial transactions, and financial regulatory functions including regulation of capital standards, reserve requirements, and solvency monitoring.
    • Ability to think independently and assist in the development, modification and implementation of Department policies and procedures, and State laws and regulations. Oversees all matters related to troubled companies, including companies under supervision, conservation, rehabilitation, and liquidation.
    • Reviews and makes recommendations related to insurance company licensing applications.
    • Review and analyze existing, new, proposed, or revised laws, regulations, policies, procedures, and NAIC statutory accounting guidance to interpret their meaning and determine possible impacts.
    • Responsible for communication with insurance companies, Department staff, consumers, legislators, attorneys, insurance regulators, federal/state agencies, trade groups, media, and banks regarding insurance-related matters.
    • Participation on NAIC Task Forces and/or Working Groups.
    Benefits for unclassified employees are determined by the individual hiring authority.

    Agency

    State of Louisiana

    Address

    For agency contact information, please refer to

    the supplemental information above.

    Louisiana State Civil Service, Louisiana, 70802

    Phone

    Website

    Apply

    Please verify your email addressVerify Email
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