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State of Florida · 1 month ago

INSURANCE ANALYST III - 43005128

Tallahassee, FL

Full-time

Onsite

Mid Level

$50K/yr - $50K/yr

The Florida Office of Insurance Regulation (OIR) strives to promote a stable and competitive insurance market for consumers. The Insurance Analyst III role involves providing technical and administrative support through research, analysis, and investigations to ensure compliance with the Florida Insurance Code.

Government Administration

No H1B

Responsibilities

Independently conducting research, analysis, and investigations of insurance industry business practices to determine compliance with the Florida Insurance Code; and by providing recommendations and regulatory solutions to management

Utilize an extensive knowledge of business practices and market regulation procedures to collect and compile data from market analysts and independently analyze and interpret complex data to support the Agency’s regulatory initiatives

Develop and independently maintain accurate databases of collected information, provide technical assistance to staff, and make recommendations to management regarding the initiation of investigations

Utilize an extensive knowledge of business practices and market regulation procedures to conduct complex investigations, independently compile investigation reports, review cases for accuracy, and recommend solutions and corrective action plans to management

Independently draft legal consent orders and accurately calculate penalty recommendations when required

Utilize market regulation procedures to independently and accurately maintain records of investigative materials

Independently monitor investigations from origination through final agency action

Assist management with coordinating administrative and evidentiary hearings related to agency action, including organizing and planning calendar events for other administrative functions

Assist and recommend solutions to management during settlement negotiations

Independently coordinate and accurately fulfill production of records in response to complex internal records requests and external requests for public records

Independently monitor complex legislative changes impacting the insurance industry and make recommendations to management regarding necessary updates to data analysis and investigation procedures

Communicate legislative and administrative developments to management and assist with training market regulation staff

Provide technical assistance to management on legislation, rulemaking, policies, and procedures

Aid with designing and implementing the program budget, strategic goals, and development of the market regulation quality plan

Perform other duties as required

Qualification

PropertyCasualty insuranceInvestigative techniquesData analysisMicrosoft ExcelMicrosoft WordWorkload organizationEmployee trainingEffective communicationRelationship building

Required

Knowledge of basic principles of property and casualty insurance and risk management, general insurance practices of property and casualty insurers, or general legal practices in a regulatory environment

Knowledge of investigative techniques and practices

Knowledge of methods of compiling, organizing, and analyzing data

Ability to use Microsoft Office programs with proficiency in Excel and Word

Ability to communicate effectively verbally and in writing

Ability to prepare and analyze data and draw logical conclusions

Ability to read, interpret, and apply FL statutes, rules, and regulations

Ability to organize and prioritize workload

Ability to communicate effectively verbally and in writing

Ability to train employees

Ability to establish and maintain effective working relationships with others