| Insurance Examiner | |||||
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Company: State of Connecticut, Executive Branch Location: Hartford, CT Employment Type: Full Time Date Posted: 08/14/2024 Expire Date: 09/14/2024 Salary: 50-75 Job Categories: Insurance |
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| Job Description | |||||
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Insurance Examiner Insurance Examiner Recruitment #240813-1780AR-001 Location Hartford, CT Date Opened 8/14/2024 12:00:00 AM Salary $74,750 - $96,734 annually Job Type Open to the Public Close Date 8/28/2024 11:59:00 PM We are looking for individuals who are passionate about maintaining the highest standards in the insurance industry and ensuring equitable treatment for policyholders. Join our team at the Connecticut Insurance Department (CID) as an Insurance Examiner in the Captive Insurance Division and contribute to our mission of consumer protection! WE CAN OFFER YOU: Visit our new State Employee Benefits Overview page! The opportunity to work for a Forbes top company: 'Forbes' State of Connecticut Ranked One of the Best Employers of 2023 - State of CT Receives National Recognition for Offering Job Growth, Competitive Benefits, and Flexible Schedule. Professional growth and development opportunities. A healthy work/life balance to all employees. POSITION HIGHLIGHTS Full time, 40 hours per week Monday through Friday First shift, 8:00 am to 4:30 pm Located at 153 Market Street in Downtown Hartford, easily accessible for all commuters This position is eligible to apply for telework in accordance with the Telework Policy. The Policy can be found HERE. THE ROLE As an Insurance Examiner, you will play a vital role in enforcing state insurance laws, ensuring policyholders are treated fairly, and regulating the industry to foster market competition for the availability of insurance. RESPONSIBILITIES INCLUDE: Conducting thorough examinations of insurance companies to determine compliance with state laws and regulations. Reviewing financial statements, policies, and other relevant documents to assess company solvency and financial stability. Identifying and analyzing potential risks and issues within insurance companies' operations. Collaborating with colleagues to develop and implement examination plans. Preparing detailed reports documenting findings and recommendations. Participating in meetings with insurance company representatives to discuss examination results. Staying informed about industry trends, regulatory changes, and effective approaches. At State of Connecticut, we offer a world-class work environment with opportunities for professional growth and development. As an Insurance Examiner, you will have the chance to make a meaningful impact on the lives of Connecticut residents by ensuring the availability of reliable insurance options. MINIMUM QUALIFICATIONS - GENERAL EXPERIENCE Six (6) years of experience in one or more of the following areas: claims, claims adjusting, sales, underwriting, contract development, actuarial work or agency services within the insurance industry OR governmental regulation of the insurance industry OR governmental examination of financial condition of insurance companies. MINIMUM QUALIFICATIONS - SPECIAL EXPERIENCE Two (2) years of the General Experience must have been at the paraprofessional level. NOTE: Paraprofessional experience will be interpreted as work requiring the exercise of some independent judgment in the application of basic principles and practices of claims, claims adjusting, sales, underwriting, contract development, actuarial work or agency services within the insurance industry or in governmental regulation of the insurance industry. MINIMUM QUALIFICATIONS - SUBSTITUTIONS ALLOWED College training may be substituted for the General Experience on the basis of fifteen (15) semester hours equalling one-half (1/2) year of experience to a maximum of four (4) years for a Bachelor's degree. A Master's degree in insurance, business administration, economics or a closely related field may be substituted for an additional year of the General Experience. A Certified Life Underwriter (CLU) or Certified Property and Casualty Underwriter (CPCU) designation may be substituted for the Special Experience requirements. Successful completion of a Connecticut Careers Trainee program approved by the Department of Administrative Services may be substituted for the General Experience and Special Experience. Contact Information
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