Ohio Department of Insurance · 1 month ago
Insurance Contract Analyst 3 – Life & Health
The Ohio Department of Insurance is responsible for overseeing insurance regulations and providing consumer protection. The Insurance Contract Analyst 3 will review and analyze insurance product submissions for compliance with Ohio laws, working closely with insurance companies and internal teams to support the regulatory review process for Life, Annuity, and Health products.
Government Administration
Responsibilities
Analyze standard Medicare Supplement, Dental, Vision, Life, and Annuity policy form submissions for compliance with state and federal laws, regulations, and department policies
Pre-process policy form submissions and assist senior analysts with complex product reviews. Communicate with insurance companies regarding compliance issues, provide guidance to filers, and approve forms for use in Ohio
Create and maintain compliance review tools and work management systems to support regulatory functions
Research historical product submissions and trends using databases such as SERFF, Intellivue, and NAIC
Prepare reports, proofread technical materials, and present findings to internal divisions such as Legal and Consumer Services
Perform administrative and support tasks including document management, correspondence, and phone support. Provide direction to lower-level analysts and assist with workload balancing during peak periods
Other duties as assigned
Qualification
Required
6 yrs. exp. in insurance field working with insurance contracts (e.g., health; life; annuities; personal lines; commercial lines) pertinent to assigned division (e.g., for positions in managed care division, exp. must be in managed care field, for positions in property & casualty division, exp. must be in property & casualty field, for positions in life & health division, exp. must be in life & health field)
6 mos. exp. in operation of personal computer or mainframe computer
Or 6 courses in insurance pertinent to assigned division (e.g., for positions in managed care division, courses must be in managed care field, for positions in property & casualty division, courses must be in property & casualty field, for positions in life & health division, courses must be in life & health field)
4 1/2 yrs. exp. in insurance field working with insurance contracts (e.g., health; life; annuities; personal lines; commercial lines) pertinent to assigned division (e.g., for positions in managed care division, exp. must be in managed care field, for positions in property & casualty division, exp. must be in property & casualty field, for positions in life & health division, exp. must be in life & health field)
6 mos. exp. in operation of personal computer or mainframe computer
Or completion of undergraduate core program in insurance, business or mathematics
4 yrs. exp. in insurance field working with insurance contracts (e.g., health; life; annuities; personal lines; commercial lines) pertinent to assigned division (e.g., for positions in managed care division, exp. must be in managed care field, for positions in property & casualty division, exp. must be in property & casualty field, for positions in life & health division, exp. must be in life & health field)
6 mos. exp. in operation of personal computer or mainframe computer
Or 2 yrs. exp. as Insurance Contract Analyst 2, 66742, pertinent to assigned division (e.g., for positions in managed care division, exp. must be in managed care division, for positions in property & casualty division, exp. must be in property & casualty division, for positions in life & health division, exp. must be in life & health division)
Or equivalent of Minimum Class Qualifications For Employment noted above
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.