Insurance Examiner-in-Charge

Gardiner, Maine, United States Full-time

Application closes: No close date

Department of Professional & Financial Regulation - Bureau of Insurance

Opening Date:   November 8, 2019

Closing Date: November 25, 2019 

Job Class Code:  0361
Grade: 29
Salary:  $54,704.00 - $74,942.40
Location: Gardiner

DESCRIPTION:

The Maine Department of Professional and Financial Regulation Bureau of Insurance seeks an Insurance Examiner-In-Charge. 

Primary responsibilities include developing annual schedule of examinations, determining engagement staffing, determining scope of examinations, reviewing and approving all work prepared by examiners, incorporating NAIC promulgated standards into examination procedures, developing and recommending new and revised statutes, rules, regulations, policies and procedures, developing processes for monitoring the financial condition of insurers licensed to operate in Maine, and applying appropriate control tests, substantive tests, compliance tests and financial analysis. 

To be successful in the field, you must have knowledge of:

  • Applicable agency laws, rules, regulations, policies and procedures
  • Accounting and auditing principles and practices
  • Statistical sampling methodology
  • Insurance company practices
  • Business law, economics, and finance 

To be successful in the field, you must be able to:

  • Analyze accounts, records and financial statements
  • Plan, assign, direct, and review the work of professional employees
  • Analyze problems, reach logical conclusions and make sound decisions
  • Work under limited supervision
  • Assess data integrity
  • Communicate effectively 

A significant amount of this work will be conducted in the greater Portland, Maine area.  Extensive in-state travel and occasional out-of-state travel required. 

QUALIFICATIONS

An eight (8) year combination of education, training, and/or professional experience in accounting, examination, auditing, or financial analysis which includes at least two years of actual financial examination, auditing, or financial analysis work experience. 

After meeting the above qualifications, preference may be given to those applicants holding the following certifications: CISA, CFE, AFE, AES or CPA.  This position is eligible for a stipend of up to 21% of the hourly rate of pay for employees who maintain either the CPA and/or the CFE designation. 

Questions about this position should be directed to Vanessa Sullivan, Director of Financial Regulation (207)624-8452 or Vanessa.J.Sullivan@maine.gov. 

Application Instructions:

Interested applicants need to apply online by selecting the "Apply for this opening" button along with uploading a cover letter, current resume, copies of post-secondary transcripts, licensing, registration and certifications.  If you require a paper application, please contact Human Resources at 623-6700. 

 

Why work for the State of Maine?

Benefits:

The value of State’s share of Employee’s Retirement Contribution: 14.47% of pay for bargaining unit positions 

The value of State-paid Dental Insurance:  $14.31 biweekly.

The value* of State-paid Health Insurance: 

100% State Contribution = $461.75 biweekly / Employee pays nothing

95%  State Contribution = $438.66 biweekly / Employee pays: 5%  = $23.09 biweekly

90%  State Contribution = $415.58 biweekly / Employee pays:10% = $46.17 biweekly

85%  State Contribution = $392.49 biweekly / Employee pays:15% = $69.26 biweekly

*The level of the actual value of state paid Health Insurance will be based on the employee's wage rate and status with regard to the health credit premium payment.

Maine State Government is an Equal Opportunity/Affirmative Action employer.  We provide reasonable accommodations to qualified individuals with disabilities upon request.