Title:  Insurance Examiner-In-Charge

Application Deadline Date:  09/19/2024
Req ID:  50530
Department:  Financial Regulation
Location: 

Burlington, VT, US

Position Type:  Permanent
Schedule Type:  Full Time
Hourly Rate:  $42.71

Overview

As an Examiner-in-Charge (EIC) 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 EIC leads a team of examiners in evaluating areas of captive insurance company operations and business practices, including corporate governance, strategy, business plan, IT systems, internal controls, financial reporting and regulatory compliance. An EIC also conducts annual and quarterly surveillance for a portfolio of companies. An EIC must be self-motivated and possess strong time management, organization, critical thinking and communication skills.

Who May Apply

This position, Insurance Examiner-In-Charge (Job Requisition #50530), is open to all State employees and external applicants.


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.


Please note that multiple positions in the same work location may be filled from this job posting.
 

Environmental Factors

Work is performed primarily in a normal office setting and/or remotely and may require travel to insurer offices in or outside of the State of Vermont.  Work hours may vary according to examination and workload needs.

Minimum Qualifications

Graduate degree in Finance, Accounting, Business Administration, or a related field AND two (2) or more years of experience at or above a technical level in accounting, auditing, or financial examination, INCLUDING two (2) or more years involving insurance operations and supervisory responsibilities.

 

OR

 

Bachelor's degree AND four (4) or more years of experience at or above a technical level in accounting, auditing, or financial examination, INCLUDING two (2) or more years involving insurance operations and supervisory responsibilities.

 

OR

 

One year as an Insurance Examiner III.

Preferred Qualifications

AFE (Accredited Financial Examiner), CFE (Certified Financial Examiner), or CPA (Certified Public Accountant) designations.

Special Requirements

As appropriate for the regulatory role of this position: Employees involved with financial examinations will be required to obtain the CFE designation within 48 months of employment.

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.


Nearest Major Market: Burlington Vermont