Assistant Director (Insurance Financial Oversight)

Insurance Department of the State of Georgia; Walnut Hills (OH); On-site; USD 90,000 - 110,000; Full time

Job summary

Georgia State Government is seeking an Assistant Director within Insurance Financial Oversight to lead risk-focused financial surveillance and supervise analysts. You will review insurer statements, regulator reports, and solvency indicators while guiding monitoring plans for regulated entities.

The ideal candidate has a master's degree or equivalent experience with substantial management background, and will coordinate oversight across regulatory teams, communicating with internal and external

Qualifications

• Master's degree in a related field and two years of management experience required.
• Bachelor's degree in a related field and three years of management experience required.
• Seven years of experience in the area with three years in a management role.
• One year of experience at the lower level Mgr 2, Regulatory Compliance or equivalent.

Responsibilities

• Supervise Division staff and contractors performing risk-focused financial surveillance.
• Review insurer financial statements, quarterly filings, and regulatory reports.
• Develop monitoring plans for regulated insurance organizations.
• Analyze financial performance trends, solvency indicators, and risk-based capital reporting.
• Coordinate oversight activities across regulatory teams and communicate with stakeholders.

Skills

Management experience

Regulatory knowledge

Financial analysis

Education

Master's degree in a related field

Bachelor's degree in a related field

Job description

Explore a World of Opportunity with the State of Georgia! We are the force that drives Georgia! Georgia State Government is a large enterprise, composed of various agencies and entities with a common goal to improve the lives of Georgia's more than 10 million citizens! Join Team Georgia and impact lives everyday while receiving a robust benefits package designed for every stage of your career! Job Title: Assistant Director (Insurance Financial Oversight) Job Requisition ID: JR0000000528 Number of Openings: 1 Shift: Day (United Statesof America) Compensation Details: $100,000.00

Job Description:

Under direction of the Insurance Financial Oversight (IFO) Director, the Assistant Director assists in the supervision of IFO Division staff and contractors performing risk-focused financial surveillance of Georgia domestic. Support leadership in supervising analysts responsible for financial monitoring of insurance entities. Review financial analysis results and risk assessments prepared by staff and contractors. Ensure consistent financial analysis practices and documentation standards. Assist with development of monitoring plans for regulated insurance organizations. Review insurer financial statements, quarterly filings, and supplemental regulatory reports. Analyze financial performance trends, solvency indicators, and risk-based capital reporting. Monitor financial risks affecting insurers and insurance groups. Evaluate information from regulatory filings, rating agencies, public disclosures, and industry reports. Ensure analysis procedures align with the size, complexity, and risk profile of regulated entities. Communicate with internal teams and external stakeholders regarding financial oversight matters. Assist in evaluating compliance concerns and regulatory responses. Support coordination of oversight activities across regulatory teams. Perform other duties as assigned.

Minimum Qualifications:

• Master's degree in a related field from an accredited college or university AND Two years of management experience in the area of assignment
• Bachelor's degree in a related field from an accredited college or university AND Three years management experience in the area of assignment
• Seven years of experience in the area of assignment, Three years of which in a management role
• One year of experience required at the lower level Mgr 2, Regulatory Compliance (RCM051) or position equivalent

Equal Employment Opportunity Employer

The State of Georgia does not discriminate based on race, color, national origin, sex, religion, age, disability, or other protected categories in employment or the provision of services. Qualified applicants may request reasonable accommodation when needed during the application and/or screening process by contacting the appropriate agency Human Resources department.

Georgia State Government is a large enterprise, composed of various entities with a common goal to improve the lives of Georgia's 10 million citizens. With nearly 62,000 employees, we are one of the single largest employer in the state. Public service opportunities stretch across the state as employees live and work in all 159 counties. From traditional fields such as accounting, nursing, and engineering to unique fields like forestry and natural resources management, Georgia state government provides a world of opportunity.