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DC Department of Human Resources · 6 hours ago

FINANCIAL EXAMINER OFFICER (CAPTIVE INSURANCE)

Washington, DC

Full-time

Onsite

Mid, Senior Level

1+ years exp

DC Department of Human Resources is seeking a Financial Examiner Officer to lead financial surveillance analyses of insurers. The role involves providing guidance to less experienced analysts, reviewing documentation, and recommending regulatory actions based on solvency concerns.

AdviceB2BEducationEmploymentHuman ResourcesManagement Consulting

Responsibilities

Assists the Supervisory Financial Analyst by providing less experienced financial analysts technical assistance and guidance on difficult and/ or complex insurance regulation issues

Receives internal assignments to review, evaluate and recommend improvements in work methods, procedures and the distribution of work assignments

Functions as the sign-off reviewer on the analysis work of less experienced financial analysts

Serves as team leader during the on-going conduct of financial analyses to determine the placement of insurers in one of four categories for priority examination

Recommends regulatory action including requiring more frequent and specialized reporting, initiating target on-site or full scope examinations, or seizure of assets

Reviews and monitors the review of documentation to determine the proper category

Assists the Supervisory Financial Analyst by coordinating the development and maintenance of the listing of priority companies for which a potential solvency concern has been identified

As the division's expert, carries out special assignments as project task group chief on sensitive and/ or complex financial surveillance issues; represents the division, as assigned, at meetings to coordinate financial surveillance activities with other elements of the DISB, insurer's representatives and/ or regulators from other jurisdictions

Qualification

Financial analysisInsurance regulationRisk assessmentTeam leadershipTechnical assistance

Required

Specialized Experience is experience that equipped the applicant with the particular knowledge, skills, and abilities to perform successfully the duties of the position, and that is typically in or related to the work of the position to be filled

To be creditable, one (1) year of specialized experience must have been equivalent to at least the next lower grade level in the normal line of progression