Ohio Department of Insurance · 1 month ago
Senior Financial Accounting Analyst/Auditor
Columbus, OH
Full-time
Onsite
Mid, Senior Level
$62.50/hr - $62.50/hr
2+ years expThe Ohio Department of Insurance is seeking a financially minded candidate for the role of Senior Financial Accounting Analyst/Auditor. This role involves analyzing complex financial reports, conducting audits, and ensuring compliance with regulations in the insurance sector.
Government Administration
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
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
Certified Public Accountant (i.e., CPA) designation by state accountancy board
3 yrs. exp. in accounting, internal auditing, finance, economics or insurance
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
equivalent of Minimum Class Qualifications For Employment noted above may be substituted for experience but not for mandated licensure/designation
Company
Ohio Department of Insurance
The mission of the Ohio Department of Insurance (ODI) is to provide consumer protection through education and fair but vigilant regulation while promoting a stable and competitive environment for insurers.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Jianming Xia
Chief Fiscal Officer
Todd Walker
Chief Communications Officer
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