State of Rhode Island
INSURANCE ANALYST
State of Rhode Island, Cranston, Rhode Island, us, 02910
Salary :
$58,533.00 - $68,102.00 Annually
Location :
Cranston, RI
Job Type:
RIASSE Local 580 (Business Regulation/PUC) (78)
Job Number:
1830-10000-263
Department:
DEPARTMENT OF BUSINESS REGULATION
Division:
Insurance Regulation
Opening Date:
09/12/2024
Closing Date:
9/21/2024 11:59 PM Eastern
Pay Grade:
A24A
Classification:
Classified
Assignment(s)/Comments:
REPOST. Previous applicants need not re-apply.
Scheduled Work Days; Hours of Work:
Monday- Friday; 8:30am- 4:00pm
Work Week:
Standard 35.0 Hours
Bargaining Union:
RIASSE Local 580 (Business Regulation) (78)
Class Definition
GENERAL STATEMENT OF DUTIES: To assist in the review and analysis of insurance forms, contracts, and rating schedules filed by insurers or rating bureaus; and to insure compliance with the state insurance laws and regulations; and to assist insurance consumers with questions concerning insurance contracts, rates, laws or regulations; and to assist in investigation of potential violations of insurance laws and regulations by insurers or licensees; and to do related work as required.
SUPERVISION RECEIVED: Works under the general supervision of a designee of the Insurance Superintendent and/or the Director of Business Regulation who reviews work through periodic conferences and reports.
SUPERVISION EXERCISED: May supervise clerical positions as assigned.
Illustrative Examples of Work Performed
To assist in the review and analysis of form and rate filings by insurers or by rating bureaus to insure compliance with the state insurance laws and regulations.
To assist in investigations of insurers and licensees to determine compliance with state laws and regulations.To correspond as assigned with appropriate representatives of insurers and licensees.To assist in the investigation of complaints from the public to ascertain whether or not there have been any violations of insurance laws or regulations.To assist in the response to inquiries from insurance consumers as to insurance laws and regulations.To assist in preparation of reports with findings, conclusions and recommendations relative to the examination and analysis of rating schedules and other investigatory activity.To assist in preparing testimony for superiors on matters within scope of work performed.To review and analyze contract and policy forms in order to insure compliance of same with state laws and regulations.To do related work as required.
Required Qualifications for Appointment
KNOWLEDGES, SKILLS AND CAPABILITIES: A basic knowledge of state laws and regulations governing insurance; the ability to assist in applying said laws to proposed forms and rating schedules filed by insurers or rating bureaus; the ability to assist in corresponding with insurers, licensees and/or rating bureaus; the ability to investigate complaints received from the general public and take proper action the ability to assist in investigations and evaluate potential violations of insurance laws and regulations by insurers and licensees; the ability to assist in the preparation of written reports with conclusions and recommendations relative to the scope of work performed; and related capacities and abilities.
EDUCATION AND EXPERIENCE:
Education: Such as may have been gained through: graduation from a college of recognized standing including or supplemented by successful completion of courses in insurance, law, mathematics, accounting or finance; andExperience: Such as may have been gained through: employment in a responsible capacity involving property and casualty or life, accident and health and/or experience in a responsible position which may lend itself to the above.Or, any combination of education and experience that shall be substantially equivalent to the above education and experience.
Supplemental Information
The preferred candidate would be a self-starter with insurance industry experience involving market trends and pricing of insurance products. They should be comfortable working both alone and as part of a team, as well as making contacts outside of the Department. The ability to research, collect, analyze data, and prepare reports for a variety of stakeholders is a critical requirement.
This position assists with the performance of various tasks related to consumer issues, form and rates and licensing regarding insurance division licensees. This position is located at the home office in Cranston, RI but requires occasional travel to various locations both within and outside the state.
Travel also includes attending various programs within and outside the state for training purposes. Additional travel will be required to represent the department in national organizations related to insurance. Preferred candidates would be willing to work towards attaining professional certifications in insurance; examples include but are not limited to: chartered life underwriter (CLU), chartered property& casualty underwriter (CPCU) and associate professional in insurance regulation (APIR).
For information regarding the benefits available to State of Rhode Island employees, please visit the Office of Employee Benefits' website at
Also, be advised that a new provision in RI General Law 35-6-1 was enacted requiring direct deposit for all employees. Specific to new hires, the law requires that all employees hired after September 30, 2014 participate in direct deposit. Accordingly, any employee hired after this date will be required to participate in the direct deposit system. At the time the employee is hired, the employee shall identify a financial institution that will serve as a personal depository agency for the employee.
01
Are you currently employed as an Insurance Analyst with the State of Rhode Island as a member of RIASSE Local 580? (You must answer this question correctly to be considered based on your union affiliation. If you fail to answer this question correctly, you will not be entitled to be considered based on contractual provisions.)
YesNo
02
Are you a state employee who is a member of RIASSE Local 580? (You must answer this question correctly to be considered based on your union affiliation. If you fail to answer this question correctly, you will not be entitled to be considered based on contractual provisions.)
YesNo
Required Question
$58,533.00 - $68,102.00 Annually
Location :
Cranston, RI
Job Type:
RIASSE Local 580 (Business Regulation/PUC) (78)
Job Number:
1830-10000-263
Department:
DEPARTMENT OF BUSINESS REGULATION
Division:
Insurance Regulation
Opening Date:
09/12/2024
Closing Date:
9/21/2024 11:59 PM Eastern
Pay Grade:
A24A
Classification:
Classified
Assignment(s)/Comments:
REPOST. Previous applicants need not re-apply.
Scheduled Work Days; Hours of Work:
Monday- Friday; 8:30am- 4:00pm
Work Week:
Standard 35.0 Hours
Bargaining Union:
RIASSE Local 580 (Business Regulation) (78)
Class Definition
GENERAL STATEMENT OF DUTIES: To assist in the review and analysis of insurance forms, contracts, and rating schedules filed by insurers or rating bureaus; and to insure compliance with the state insurance laws and regulations; and to assist insurance consumers with questions concerning insurance contracts, rates, laws or regulations; and to assist in investigation of potential violations of insurance laws and regulations by insurers or licensees; and to do related work as required.
SUPERVISION RECEIVED: Works under the general supervision of a designee of the Insurance Superintendent and/or the Director of Business Regulation who reviews work through periodic conferences and reports.
SUPERVISION EXERCISED: May supervise clerical positions as assigned.
Illustrative Examples of Work Performed
To assist in the review and analysis of form and rate filings by insurers or by rating bureaus to insure compliance with the state insurance laws and regulations.
To assist in investigations of insurers and licensees to determine compliance with state laws and regulations.To correspond as assigned with appropriate representatives of insurers and licensees.To assist in the investigation of complaints from the public to ascertain whether or not there have been any violations of insurance laws or regulations.To assist in the response to inquiries from insurance consumers as to insurance laws and regulations.To assist in preparation of reports with findings, conclusions and recommendations relative to the examination and analysis of rating schedules and other investigatory activity.To assist in preparing testimony for superiors on matters within scope of work performed.To review and analyze contract and policy forms in order to insure compliance of same with state laws and regulations.To do related work as required.
Required Qualifications for Appointment
KNOWLEDGES, SKILLS AND CAPABILITIES: A basic knowledge of state laws and regulations governing insurance; the ability to assist in applying said laws to proposed forms and rating schedules filed by insurers or rating bureaus; the ability to assist in corresponding with insurers, licensees and/or rating bureaus; the ability to investigate complaints received from the general public and take proper action the ability to assist in investigations and evaluate potential violations of insurance laws and regulations by insurers and licensees; the ability to assist in the preparation of written reports with conclusions and recommendations relative to the scope of work performed; and related capacities and abilities.
EDUCATION AND EXPERIENCE:
Education: Such as may have been gained through: graduation from a college of recognized standing including or supplemented by successful completion of courses in insurance, law, mathematics, accounting or finance; andExperience: Such as may have been gained through: employment in a responsible capacity involving property and casualty or life, accident and health and/or experience in a responsible position which may lend itself to the above.Or, any combination of education and experience that shall be substantially equivalent to the above education and experience.
Supplemental Information
The preferred candidate would be a self-starter with insurance industry experience involving market trends and pricing of insurance products. They should be comfortable working both alone and as part of a team, as well as making contacts outside of the Department. The ability to research, collect, analyze data, and prepare reports for a variety of stakeholders is a critical requirement.
This position assists with the performance of various tasks related to consumer issues, form and rates and licensing regarding insurance division licensees. This position is located at the home office in Cranston, RI but requires occasional travel to various locations both within and outside the state.
Travel also includes attending various programs within and outside the state for training purposes. Additional travel will be required to represent the department in national organizations related to insurance. Preferred candidates would be willing to work towards attaining professional certifications in insurance; examples include but are not limited to: chartered life underwriter (CLU), chartered property& casualty underwriter (CPCU) and associate professional in insurance regulation (APIR).
For information regarding the benefits available to State of Rhode Island employees, please visit the Office of Employee Benefits' website at
Also, be advised that a new provision in RI General Law 35-6-1 was enacted requiring direct deposit for all employees. Specific to new hires, the law requires that all employees hired after September 30, 2014 participate in direct deposit. Accordingly, any employee hired after this date will be required to participate in the direct deposit system. At the time the employee is hired, the employee shall identify a financial institution that will serve as a personal depository agency for the employee.
01
Are you currently employed as an Insurance Analyst with the State of Rhode Island as a member of RIASSE Local 580? (You must answer this question correctly to be considered based on your union affiliation. If you fail to answer this question correctly, you will not be entitled to be considered based on contractual provisions.)
YesNo
02
Are you a state employee who is a member of RIASSE Local 580? (You must answer this question correctly to be considered based on your union affiliation. If you fail to answer this question correctly, you will not be entitled to be considered based on contractual provisions.)
YesNo
Required Question