Senior Financial Accounting Analyst/Auditor jobs in United States
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State of Ohio · 1 month ago

Senior Financial Accounting Analyst/Auditor

The Ohio Department of Insurance (ODI) is responsible for overseeing insurance regulations and providing consumer protection. The Senior Financial Accounting Analyst/Auditor will analyze complex financial reports, conduct audits, and evaluate insurance companies' operations to ensure compliance with regulations.

GovernmentOffice Administration
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Responsibilities

Performs in-house analysis of domestic &/or foreign insurance companies’ financial condition to determine solvency & compliance to statutes & regulations, contacts companies regarding findings, determines need for subsequent action based on insurance companies responses to examinations & analysis
Prepares & recommends level of priority for each company & reviews audited financial statements, & other financial reports & periodically conducts reviews of other insurance examiner/analyst findings
Evaluates insurance companies’ operations to determine if prior review recommendations have been implemented, assesses company progress toward implementation of prior examination & analysis recommendations & assumes responsibility for examination &/or analysis reports
Conducts, develops & maintains analysis process for use in financial assessment of annual & quarterly statements & maintains regulatory status reports for foreign &/or domestic companies; reviews various financial transactions for appropriateness & compliance to statutes & regulations
Performs comprehensive audits of all books, records, assets, liabilities, income, disbursements & operating policies & procedures & examines contracts to determine legality & propriety
Represents the Department at meetings with insurance companies &/or outside agencies; provides written &/or verbal response for request for information

Qualification

Certified Public Accountant (CPA)Accredited Financial Examiner (AFE)Certified Financial Examiner (CFE)Financial analysisAuditing

Required

Certified Public Accountant (CPA), Accredited Financial Examiner (AFE), or Certified Financial Examiner (CFE) designation/certification required
Accredited Financial Examiner (i.e., AFE) designation by Society of Financial Examiners; 2 yrs. department of insurance exp. &/or consulting exp. for a department of insurance related to financial solvency regulation; must provide own transportation; valid driver's license
Or Certified Public Accountant (i.e., CPA) designation by state accountancy board; 3 yrs. exp. in accounting, internal auditing, finance, economics or insurance; must provide own transportation; valid driver's license
Or Certified Financial Examiner (i.e., CFE) designation by Society of Financial Examiners; 3 yrs. department of insurance exp. &/or consulting exp. for a department of insurance related to financial solvency regulation; must provide own transportation; valid driver's license
Or equivalent of Minimum Class Qualifications For Employment noted above may be substituted for experience but not for mandated licensure/designation
Applicants must be currently authorized to work in the United States on a full-time basis

Benefits

Medical Coverage
Free Dental, Vision and Basic Life Insurance premiums after completion of eligibility period
Paid time off, including vacation, personal, sick leave and 11 paid holidays per year
Childbirth, Adoption, and Foster Care leave
Education and Development Opportunities (Employee Development Funds, Public Service Loan Forgiveness, and more)
Public Retirement Systems (such as OPERS, STRS, SERS, and HPRS) & Optional Deferred Compensation (Ohio Deferred Compensation)

Company

State of Ohio

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State of Ohio is more than ‘just a job’ – is a privilege to serve families, friends and neighbors who rely on us throughout our great state.

Funding

Current Stage
Late Stage

Leadership Team

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Beverlyn Johns, MS
Deputy Chief Operating Officer
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Holly Drake
State Chief Information Security Officer
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