Capps Plumbing and Sewer, Inc. · 6 hours ago
TDI-Financial Examiner III
Home Office - Harris County (454-HO-101)Harris County
Full-time
Hybrid
Mid Level
$6,016.89/mo - $6,016.89/moCapps Plumbing and Sewer, Inc. is part of the Texas Department of Insurance (TDI), which is seeking a Financial Examiner III to evaluate the financial condition of insurance companies and ensure compliance with state laws. The role involves conducting examinations, reviewing financial records, and providing assistance in meetings with management to discuss financial data and risks.
CommercialCustomer ServiceProperty ManagementResidential
No H1B
Responsibilities
Assists with risk identification and risk mitigation and effect on financial solvency
Evaluates reported assets, liabilities, and capital and surplus for compliance with statutes, rules, and regulations
Reconciles company records and workpapers to annual and other financial statements; prepares worksheets and calculations of financial data from company records
Identifies and reports on examination findings related to financial solvency or statutory compliance
Actively participates in self-study regime to meet examiner certification and training requirements
Provides assistance in meetings with executive and/or senior level management of companies to discuss risks, financial data, and policies and procedures
Assists with special projects and performs other duties as assigned
Qualification
Required
Graduation from an accredited four-year college or university with major coursework in business administration, accounting or finance, risk management, economics, or a related field
Successful completion of the following courses is required for degrees other than Accounting: Accounting Fundamentals (6 semester hours), Finance or Economics (3 semester hours), General Auditing (3 semester hours), Business Law (3 semester hours)
Have a Master of Science (MS) or Master of Business Administration (MBA) in accounting from an accredited college or university
Be a Certified Public Accountant
Candidates must submit transcripts from all academic institutions where course credit was earned. Applications without complete transcripts will not be considered
Must be eligible for the bond-related provisions of Insurance Code Section 401.106 and take the oath required by Insurance Code Section 401.105
Must attain the Accredited Financial Examiner (AFE) designation from the Society of Financial Examiners within a period of no longer than three years after employment
Must attain the Certified Financial Examiner (CFE) designation from the Society of Financial Examiners within a period of no longer than five years after employment
This position requires demonstrated knowledge of: Basic auditing and accounting standards of Statutory Accounting Principles (SAP) and Generally Accepted Accounting Principles (GAAP), General office practices and administrative procedures, General understanding of business law and practices, Gathering and assimilating information from multiple sources efficiently, Developing clear and concise conclusions
This position requires demonstrated skill in: Operating a motor vehicle in a safe and courteous manner in compliance with traffic laws, Problem solving, decision making, and planning, Gathering and assimilating information from multiple sources efficiently and developing clear and concise conclusions, Organization and prioritization of tasks, Using personal computers, including Microsoft applications (e.g. Word and Excel)
This position requires the demonstrated ability to: Satisfy the requirements to maintain fully qualified driving status, Apply critical thinking to analyze and solve work problems and analyze and evaluate compliance trends, Communicate professionally and effectively, both verbally and in writing, with all levels of employees and the general public, Learn examination techniques, identify and assess risk and evaluate its effect on financial statements and related documents, Apply statutory accounting practices and analytical skills, Establish and maintain effective working relationships with management, team members, coworkers and public, Take initiative, accept new challenges, and be adaptive to changes, Manage time effectively to complete assigned items within the budgeted amount of time
Preferred
Experience with regulatory examinations or related audits
Demonstrated understanding of general insurance terminology
Experience with statutory accounting principles
Demonstrated ability to identify and assess risk
Benefits
Flexible work schedules.
Work-life-balance.
96 hours of accrued vacation a year.
96 hours of accrued sick leave a year.
20+ holidays every year.
Career advancement opportunities.
Free parking.
401(k) and 457 Programs.
State of Texas retirement plan with a lifetime annuity through the Employee Retirement System of Texas (ERS).
Free comprehensive medical insurance for full-time employees and 50% off premium costs for dependents (state pays other 50%).
Optional benefits like dental, vision, life insurance, and many more.
Qualified employer for the Federal Public Service Loan Forgiveness Program.
Company
Capps Plumbing and Sewer, Inc.
Capps Plumbing and Sewer is a family-owned and operated plumbing business serving Chicago's north and northwest suburbs for 30 years.
Founded in 1996
11-50 employees
Funding
Current Stage
Early StageLeadership Team
Joe Capps
Owner and Co-Founder
Recent News
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