What are the responsibilities and job description for the INSURANCE EXAMINER position at Department of Insurance?
Do you enjoy working in a fast-paced environment with variety in your work? The California Department of Insurance (CDI) is seeking a dynamic Insurance Examiner with experience performing insurance examination work including applying insurance principles and best practices.
If this is you, then CDI may be the employer for you!
Under supervision, the Insurance Examiner (IE) will assist in the financial examinations (audits) of insurance companies to determine their financial status, solvency, and the legality and propriety of their operations. Tasks include but are not limited to: review and assess the effectiveness of the insurer's audit function as well as the enterprise risk management function; exercise judgment to identify and assess solvency risks facing the insurer; identify relevant controls and/or risk mitigation strategies to address risks identified and perform tests of controls to evaluate their effectiveness, as well as examine related records to appropriately determine insurer's compliance with state laws, rules, regulations and standards/guidelines prescribed by the National Association of Insurance Commissioners (NAIC).
In addition, when conducting financial examinations of a regulated company, travel to a company's place of business may be required (may be in-state or out-of-state) and may require overnight stay(s). Some travel may require the IE to use private and/or public modes of transportation (i.e., automobile, commercial airlines, etc.). The IE must possess a valid California driver's license and be able to safely drive and operate a private passenger automobile when traveling on official state business.
This position is designated under the Conflict of Interest Code. The position is responsible for making or participating in the making of governmental decisions that may potentially have a material effect on personal financial interests. The appointee is required to complete Form 700 within 30 days of appointment. Failure to comply with the Conflict of Interest Code requirements may void the appointment.
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You will find additional information about the job in the Duty Statement.
Working Conditions
Work Environment:
- The incumbent must be able to work at a dedicated workstation at a designated alternate work location (e.g., home office) and must maintain safe working conditions and a distraction-free remote work environment.
- The incumbent must be able to work in a cubicle or office setting.
- The incumbent must be able to work in a high-rise building.
- The incumbent may sit for extended periods of time, and work at a computer for an extended period of time.
- Requires occasional driving for extended periods of time.
- The incumbent may telework in accordance with CDI's Telework Policy. Teleworking employees may be required to report to their headquarters office location on designated telework days. Travel expenses are not reimbursed, however other authorized transit subsidies do exist for those who qualify.
Physical Abilities:
- The incumbent must be able to safely drive and operate a private passenger motor vehicle.
- The incumbent must be able to lift/carry/move 25-35 pounds for short distances.
- The incumbent must be able to reach, bend, stretch, and stoop.
Minimum Requirements
You will find the Minimum Requirements in the Class Specification.- INSURANCE EXAMINER
Additional Documents
- Job Application Package Checklist
- Duty Statement
Position Details
Based on California Code of Regulations section 599.673, candidates without prior state service will be placed at the minimum salary of the classification range.
Based on California Code of Regulations section 599.673, candidates without prior state service will be placed at the minimum salary of the classification range.
Based on California Code of Regulations section 599.673, candidates without prior state service will be placed at the minimum salary of the classification range.
Based on California Code of Regulations section 599.673, candidates without prior state service will be placed at the minimum salary of the classification range.
Department Information
The CDI is the largest consumer protection agency in the state. With annual direct premiums of $340 billion, California is the largest insurance market in the United States and the fourth largest insurance market in the world.
Nearly 1,400 dedicated employees work at CDI to oversee more than 1,400 insurance companies and license more than 425,000 agents, brokers, adjusters, and business entities.
Financial Surveillance Branch
Field Examination Division
Field Examination Bureau
Department Website: http://www.insurance.ca.gov
Special Requirements
- Exam list eligibility - refer to exam link below.
- Transfer eligibility, if applicable, for current/former civil service employees
- Resume
- Degree or Transcript
Application Instructions
Completed applications and all required documents must be received or postmarked by the Final Filing Date in order to be considered. Dates printed on Mobile Bar Codes, such as the Quick Response (QR) Codes available at the USPS, are not considered Postmark dates for the purpose of determining timely filing of an application.
Final Filing Date: 1/7/2025Who May Apply
Applications will be screened and only the most qualified applicants will be selected to move forward in the selection process. Applicants must meet the Minimum Qualifications stated in the Classification Specification(s).
How To Apply
Address for Mailing Application Packages
You may submit your application and any applicable or required documents to:
Address for Drop-Off Application Packages
You may drop off your application and any applicable or required documents at:
Required Application Package Documents
The following items are required to be submitted with your application. Applicants who do not submit the required items timely may not be considered for this job:
- Current version of the State Examination/Employment Application STD Form 678 (when not applying electronically), or the Electronic State Employment Application through your Applicant Account at www.CalCareers.ca.gov. All Experience and Education relating to the Minimum Qualifications listed on the Classification Specification should be included to demonstrate how you meet the Minimum Qualifications for the position.
- Resume is required and must be included.
- Degree and/or School Transcripts
Desirable Qualifications
- Demonstrated accounting/audit knowledge and skills (understanding of accounting concepts, financial assertions, general auditing standards, work paper documentation standards, etc.).
- Strong communications skills, both verbal and written.
- Ability to think critically, learn new concepts and make decisions based on reasonable and timely analysis.
- Possess good organizational and problem-solving skills.
- Ability to work as a team member and be flexible and responsive to various tasks assigned.
- Willingness to travel and work away from the headquarters office, including out-of-state travel.
- Proficient in the use of computer equipment and application programs such as Microsoft Word, Excel, etc.
Benefits
- Flexible work hours
- Remote work options
- Medical Benefits - including health, dental, and vision insurance
- Employee Wellness Program
- Employee Assistance Program
- On the Job Training
- Career Services Program
- Recognition Program
- Paid Holidays and leave
- Defined benefit retirement program
- Savings Plus Program (401 (k), 457)
- Every 12 months, based on performance evaluation, employees may receive a 5% salary increase until they reach the maximum salary for the position.
Benefit information can be found on the CalHR website and the CalPERS website.
Contact Information
The Hiring Unit Contact is available to answer questions regarding the position or application process.
Department Website: http://www.insurance.ca.gov
Hiring Unit Contact:
Classification & Consultation Unit
(916) 492-3300
CDIJobinquiries@insurance.ca.gov
Please direct requests for Reasonable Accommodations to the interview scheduler at the time the interview is being scheduled. You may direct any additional questions regarding Reasonable Accommodations or Equal Employment Opportunity for this position(s) to the Department's EEO Office.
EEO Contact:EEO Officer
(916) 492-3024
OCR@insurance.ca.gov
California Relay Service: 1-800-735-2929 (TTY), 1-800-735-2922 (Voice) TTY is a Telecommunications Device for the Deaf, and is reachable only from phones equipped with a TTY Device.
Examination Information
Insurance Examiner: CalCareers
Equal Opportunity Employer
The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation.
It is an objective of the State of California to achieve a drug-free work place. Any applicant for state employment will be expected to behave in accordance with this objective because the use of illegal drugs is inconsistent with the law of the State, the rules governing Civil Service, and the special trust placed in public servants.
Salary : $340