Lead Captive Examiner - Analyst

Lead Captive Examiner - Analyst Print (https://www.governmentjobs.com/careers/iowa/jobs/newprint/4720632) Apply  Lead Captive Examiner - Analyst Salary $70,824.00 - $109,054.40 Annually Location Des Moines - 50315 - Polk County, IA Job Type Full-time Job Number 25-01199 Agency 216 Department of Insurance & Financial Services - Insurance Opening Date 11/06/2024 Closing Date 11/21/2024 11:59 PM Central LinkedIn Tag LI-DNP Point of Contact Employmentiid.iowa.gov To Apply Please include a cover letter and resume with your application. Description Benefits Job Description This is a non-merit position with the Iowa Insurance Division. Positions in this class are exempt from the screening and referral requirements of the Iowa Department of Administrative Services - Human Resources Enterprise. The Iowa Insurance Division (IID) is seeking a Lead Captive Examiner - Analyst to join our team. This position requires relevant experience and offers opportunities for growth. The Iowa Insurance Division is responsible for authorizing, monitoring, and ensuring the compliance and solvency of captive insurers domiciled in the State of Iowa. This position serves as the primary analyst / examiner focused on reviewing new captive applications, analyzing business plan changes, and conducting examinations. The selected individual will review all key aspects of assigned captives, including but not limited to financial statements, actuarial opinions, audited financial reports, company transactions, enterprise risk management, and corporate governance. The successful individual will attend and participate in a variety of meetings with prospective captive insurance companies as well as captive service providers. In addition, this individual will attend occasional captive-focused conferences and continuing education opportunities to promote the Iowa Insurance Division, keep abreast of trends in the captive insurance market and changes in regulatory requirements. Overall travel for the position shall be less than 10%. Successful candidates will demonstrate: • A strong foundation in accounting or finance • Attention to detail • Strong written and verbal communication • A willingness to receive and incorporate constructive feedback • An ability to meet critical timeframes • Critical thinking skills: decision making supported by measuring, calculating, reasoning, analyzing, prioritizing and synthesizing data • Effective, respectful working relationships with colleagues and regulated entities • Detailed, accurate and professional documentation, including formal notes and Memorandums • An ability to work independently with supervision • Proficiency in the use of personal computers, peripheral equipment and various software packages, including the Microsoft Office Suite The Iowa Insurance Division offers a strong team culture and a respect for work-life balance. We have a competitive total compensation package for all our full-time employees, including: • Iowa Public Employees Retirement System (IPERS) • Retirement Investors Club (RIC) • Health, Dental and Vision Insurance • Vacation and Sick Leave • Paid Holidays (9 days/year) • Hybrid Telework opportunities Minimum Qualification Requirements Applicants must meet at least one of the following minimum requirements to qualify for positions in this job classification: Graduation from an accredited four-year college or university with a degree in insurance, accounting, actuarial science, risk management, finance, or business, and experience equal to two years of full-time work in insurance industry examination, financial analysis, quality assurance, enterprise risk management, or corporate governance. All of the following (a and b): A total of four years of education and/or full-time experience, where thirty semester hours of accredited college or university course work in insurance, accounting, actuarial science, risk management, finance, or business equals one year of full-time experience in insurance industry examination, financial analysis, quality assurance, enterprise risk management, or corporate governance; and A total of two years of graduate-level education and/or full-time experience (as described in part a), where twenty-four semester hours of accredited graduate college or university coursework in business, law, actuarial science, computer science, or pharmaceutical science equals one year of full-time experience. Current, continuous experience in the state executive branch that includes one year of full-time work as an Insurance Examiner 1. For additional information, please click on this Additional Qualification Requirements Travel, including overnight, out-of-state, and international travel, may be required for positions in this class. Employees must arrange transportation to and from assigned work areas. Why Choose the State of Iowa? At the heart of our commitment to excellence is a dedication to our most valuable asset – our employees. Discover the outstanding benefits that set us apart as an employer of choice. Our Robust Benefits Package Includes: Competitive Compensation: Enjoy a competitive salary that reflects directly on your skills and expertise. Keep in mind, your wage is just one part of your total compensation. Unlock the complete value of your employment with the State of Iowa by using our user-friendlyTotal Compensation Calculator (https://das.iowa.gov/media/3773/download?inline) .Gain insights into your comprehensive annual compensation, including salary and State-provided benefits. Health and Wellness: Prioritize your well-being with our comprehensive health plans, including medical, dental, and vision coverage. Enjoy the peace of mind knowing that the State of Iowa covers 90% of the premiums, providing you and your loved ones with excellent coverage at a remarkably low cost. Retirement Planning: We are proud to offer the Iowa Public Employees Retirement System (IPERS). A defined benefit plan, IPERS benefits are guaranteed for life, meaning once you retire, you will receive the same monthly benefit for the remainder of your life (once vested). We invest in your long-term financial well-being, so you can retire with peace of mind.Click here to learn more about IPERS (https://ipers.org/members) . Paid Time Off: Life is unpredictable, and at the State of Iowa, we understand the importance of work-life balance. Our leave policies, including paid holidays, vacation, and sick leave with unlimited accrual, ensure you have the flexibility you need for personal and family matters. Professional Development: Elevate your career with continuous learning opportunities. We support your growth through training programs, workshops, and tuition reimbursement. Employee Assistance Program (EAP): We care about your well-being beyond the workplace. Access confidential counseling, resources, and support through our Employee Assistance Program. Diversity and Inclusion: Be part of a diverse and inclusive workplace that embraces all backgrounds and perspectives. We believe diversity is a strength that drives innovation. Join Us - Elevate Your Career: Ready to elevate your career with the State of Iowa?Click here (https://iowa.attract.neogov.com/recruitment/p/benefits) to explore more about our unparalleled benefits and discover what makes us unique. Your success is our priority Agency State of Iowa Agency 216 Department of Insurance & Financial Services - Insurance Address 1963 Bell Ave STE 100 Des Moines, Iowa, 50319 Website https://iid.iowa.gov/ Apply Please verify your email addressVerify Email