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Title:  Market Conduct Analyst

Application Deadline Date:  02/08/2023
Req ID:  46108
Department:  Financial Regulation
Location: 

Montpelier, VT, US

Position Type:  Permanent
Schedule Type:  Full Time
Hourly Rate:  $26.42

Overview

The Market Conduct Analyst performs technical and analytical work in support of the Insurance Division's Market Regulation Section. The Market Regulation Section uses investigations and examinations to assess how well the insurance marketplace as a whole, and the individual companies and producers that make up the market, are complying with Vermont's insurance laws and regulations. Interaction occurs on a regular basis with insurance industry compliance officers, the Insurance Division's Consumer Service Section and insurance regulators in other states. The position is supervised by the Director of Market Regulation and work is performed under the general direction and guidance of the Market Regulation Section's two senior examiners. The Market Regulation Team fosters a collaborative and positive work environment. The successful candidate must have the ability to: sort and analyze complex statistical data, develop recommendations based on the data, and present the information in written and oral reports; learn and apply Vermont insurance statutes and regulations; manage multiple complex projects; and work effectively in a team environment. Strong communication skills are required.

Who May Apply

This position, Market Conduct Analyst (Job Requisition #46108), is open to all State employees and external applicants.


If you would like more information about this position, please contact Karla.Nuissl@vermont.gov.
Resumes will not be accepted via e-mail. You must apply online to be considered.

Environmental Factors

Duties are performed largely in a standard office setting, but with predictable need for some field travel. Private means of transportation must be available for in-state travel. The work of the Market Regulation Section sometimes results in findings that insurance companies have failed to comply with their consumer protection obligations under Vermont law, resulting in disagreements and complex negotiations with insurer analysts, actuaries, executives and/or attorneys. The nature of duties may require performance outside of normal work hours.

Minimum Qualifications

Bachelor's degree AND one (1) or more years of insurance compliance experience with an insurer or insurance rating bureau, or comparable experience with a governmental insurance department or other regulatory agency.

OR

Associate’s degree AND two (2) or more years of insurance compliance experience with an insurer or insurance rating bureau, or comparable experience with a governmental insurance department or other regulatory agency.

OR

J.D. degree (or successful completion of the four-year law office study program in Vermont).

Special Requirements

No formal licensure or certification is required at hiring, but the successful applicant will be expected to acquire relevant professional designations (such as the NAIC-sponsored Associate Professional Insurance Regulator) after an appropriate amount of time on the job.

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
  • Dental Plan at no cost for employees and their families
  • Flexible Spending healthcare and childcare reimbursement accounts
  • Two ways to save for your retirement: A State defined benefit pension plan and a deferred compensation 457(b) plan
  • Work/Life balance: 11 paid holidays each year and a generous leave plan; many jobs also allow for a flexible schedule
  • Low cost group life insurance
  • Tuition Reimbursement
  • 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: Barre
Nearest Secondary Market: Montpelier