What are the responsibilities and job description for the Insurance Examiner II position at State of Vermont?
Overview
As an Examiner for the Vermont Department of Financial Regulation, Captive Insurance Division, your primary responsibilities include examinations and ongoing oversight of Vermont domiciled captive insurance companies. Utilizing a risk-focused approach, an Examiner will evaluate areas of captive insurance company operations and business practices, including corporate governance, strategy, business plan, IT systems, internal controls, financial reporting and regulatory compliance to ensure that the captive insurance company is able to meet it's obligations to insureds and is compliant with Vermont regulations. An Examiner also conducts research, participates on various projects and conducts annual and quarterly surveillance for a portfolio of companies. An Examiner must be self motivated and possess strong time management, organization, critical thinking and communication skills.
Who May Apply
This position, Insurance Examiner II (Job Requisition #51139), is open to all State employees and external applicants.
Please Note : This position is being recruited at multiple levels. If you would like to be considered for more than one level, you MUST apply to the specific Job Requisition.
Level II : 51139
Level III : 51144
If you would like more information about this position, please contact Heidi.Rabtoy@vermont.gov.
Resumes will not be accepted via e-mail. You must apply online to be considered.
Environmental Factors
Work is performed primarily in a normal office setting at the office of the insurer being examined. Such offices may be located anywhere in the country, requiring travel and extended absence from the state. Work hours will vary according to examination and workload needs.
Minimum Qualifications
Master's degree in finance, accounting, business administration, or closely related field.
Bachelor's degree AND two (2) years or more at or above a technical level in accounting, auditing, or financial examination.
Eighteen months or more as an Insurance Examiner I, with satisfactory completion of departmental performance requirements.
Note : Employees must obtain a CPA or AFE (Accredited Financial Examiner) designation within four years of hire.
Total Compensation
As a State employee you are offered a great career opportunity, but it's more than a paycheck. The State's total compensation package features an outstanding set of employee benefits that are worth about 30% of your total compensation, including :
- 80% State paid medical premium and a dental plan at no cost for employees and their families
- Work / Life balance : 11 paid holidays each year and a generous leave plan
- State Paid Family and Medical Leave Insurance (FMLI)
- Two ways to save for your retirement : A State defined benefit pension plan and a deferred compensation 457(b) plan
- Tuition Reimbursement
- Flexible spending healthcare and childcare reimbursement accounts
- Low cost group life insurance
- Incentive-based Wellness Program
- Qualified Employer for Public Service Student Loan Forgiveness Program
Want the specifics? Explore the Benefits of State Employment on our website.
Equal Opportunity Employer The State of Vermont celebrates diversity, and is committed to providing an environment of mutual respect and meaningful inclusion that represents a variety of backgrounds, perspectives, and skills. The State does not discriminate in employment on the basis of race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and / or expression, marital, civil union or domestic partnership status, past or present military service, membership in an employee organization, family medical history or genetic information, or family or parental status. The State's employment decisions are merit-based. Retaliatory adverse employment actions by the State are forbidden.
