Captive Analyst

Montana Historical Society; Helena (MT); On-site; USD 43,000 - 47,000; Full time

Benefits offered by this job

Health Insurance

Paid Leave & Holidays

Retirement Plan

Job summary

State Auditor's Office in Helena, Montana, is seeking a Captive Analyst to perform financial solvency analysis and risk-focused examinations for insurers domiciled in Montana. The role emphasizes analytical rigor, accurate reporting, and strong written communication to inform supervisory actions.

The position supports the Examinations Bureau with in-state and multi-state reviews, ensuring compliance with NAIC guidelines and state regulations while maintaining high standards of professional

Qualifications

• Bachelor's degree in business, accounting, or a related field.
• Ability to obtain the designation of AFE or ACI.
• Alternate combinations of relevant education and experience may be considered on a case-by-case basis.

Responsibilities

• Perform in-depth financial analysis of insurance companies domiciled in Montana.
• Conduct risk-focused examinations for in-state or multi-state examinations.
• Provide accurate conclusions and recommended courses of action.
• Communicate effectively in writing and review financial data.
• Work collaboratively with a team and handle confidential information with integrity.

Skills

Written communication

Analytical thinking

Team player

Attention to detail

Confidential information handling

Education

Bachelor's degree in business or accounting

AFE or ACI designation

Job description

Job Description - Captive Analyst (26142290)

Position Title

Captive Analyst - ( 26142290 )

CSI Overview

The Montana State Auditor, Commissioner of Securities and Insurance (CSI), protects Montanans by regulating two of the state's largest industries - securities and insurance. CSI works to foster a thriving marketplace through education, common-sense regulation, and equitable enforcement of the law to support consumers, businesses, and a fair insurance market. For more information, please visit our website HERE.

About this Opportunity

CSI has an opportunity for a full-time Financial Examiner (Captive Analyst) in the Examinations Bureau in Helena, Montana. This position is responsible for the financial oversight of approximately 1,400 licensed insurers, including approximately 300 captive insurance companies domiciled in Montana. Solvency determination and monitoring is achieved primarily through financial analysis and financial examination conducted in accordance with strict guidelines promulgated by the National Association of Insurance Commissioners (NAIC).

This is an on-site position located in Helena, Montana.

What You’ll Do

Key responsibilities of this position include:

The incumbent will perform duties in support of financial solvency analysis by performing in-depth financial analysis of insurance companies domiciled in Montana. The incumbent will perform risk-focused examinations of insurance companies as an entry level examiner for in-state examinations or multi-state examinations, utilizing knowledge of generally accepted auditing standards and familiarity with the NAIC Examiners Handbook and local procedures. The incumbent will be responsible for providing excellent customer service.

What You Can Offer

The strongest candidates will bring many of the following qualifications and strengths:

Knowledge of insurance company operations, accounting practices and procedures, examination procedures for insurance companies, analytical tools and practices applicable to insurance company financial statements, accreditation guidelines, insurance laws and regulations, and the state insurance regulation framework. The incumbent must have the ability to communicate effectively in writing and the ability to review financial and company data to formulate logical and accurate conclusions, and present reasonable recommended courses of action. They must be able to work with a team, exhibit analytical thinking and commitment to the profession, be reliable and dependable, be accurate and pay attention to detail, work effectively with confidential information, establish and maintain effective working relationships, and show strong independent judgment.

• Outstanding State of Montana Benefits: Comprehensive health, dental, and vision coverage for you and your family starting on your first day of employment. Access to telehealth and comprehensive services at the employee health clinics at no additional out-of-pocket cost through our medical plan. Additional details are available HERE.
• Retirement Security: Choice between two retirement plans with an employer contribution between 8.73% - 9.07% of your annual salary. A third optional 457(b) deferred compensation plan is also available. Additional details are available HERE.
• Loan Forgiveness: Employment with the State of Montana may qualify you for the federal Public Service Loan Forgiveness (PSLF) program.
• Positive Culture: CSI is a small, family-friendly state agency. Our success comes from building effective working relationships based on mutual trust and respect for each other’s skills and abilities. We will encourage you to excel both in your individual competencies and as a team player. To learn more, visit our “Work with Us” page HERE.
• Beautiful Helena, Montana: As the capital of Montana, Helena is a vibrant community. Outside of work, you will have access to numerous outdoor recreational opportunities, including fishing, hunting, biking, skiing, boating, hiking, golfing, etc. Helena is also a cultural center with historical sites, art galleries, live theater, natural hot springs, restaurants, local microbreweries, live concerts, and a well-maintained trail system. Learn more about moving to and living in Helena, Montana HERE.

Minimum Qualifications

This position typically requires a combination of education and experience equivalent to a bachelor's degree in business, accounting, or a related field and be able to obtain the designation of AFE or ACI. Alternate combinations of relevant education and experience may be considered on a case-by-case basis.

Preferred Background

Experience with the following:

• conducting compliance analysis with state or federal laws
• reviewing licensing applications and making recommendations for approval or disapproval to supervisor
• analyzing or preparing financial statements (income statements and balance sheets)
• conducting desk audits or fields audits, and making written summaries of work performed
• preparing spreadsheets and reports to supervisors of work performed
• preparing effective written communication to internal and external parties

This position is not a supervisory position. This position is non-exempt under the FLSA.

Special requirements include successful completion of a fingerprint background check and possession of a valid driver's license.

Applicant Pool Statement : If another department vacancy occurs in this job title within six months, the same applicant pool may be used for the selection. Training Assignment : This agency may use a training assignment. Employees in training assignments may be paid below the base pay established by the agency pay rules. Conditions of the training assignment will be stated in writing at the time of hire.

Salary

31.25 - 34.01 Hourly

Telework Eligibility: Telework Eligible (Full-time telework is not available. Telework schedule must be supervisor approved.)

Benefits Package Eligibility: Health Insurance, Paid Leave & Holidays, Retirement Plan

Number of Openings

1

Employee Status

Regular

Schedule

Full-Time

Job Type

Standard

Shift

Day Job

Travel

Yes, 5% of the Time

Primary Location

Helena

Agency

State Auditor's Office

Union

000 - None

Posting Date

Sep 24, 2026, 5:14:21 PM

Closing Date

Ongoing

Required Application Materials : Cover Letter, Resume

Contact Name : CSI Human Resources | Contact Email : [e-mail] | Contact Phone : [phone] Anyone who needs to request a reasonable accommodation in the application or hiring process should contact the HR staff identified on the job listing or by dialing the Montana Relay at 711. Montana Job Service Offices also offer services including assistance with submitting an online application.

State government does not discriminate based on race, color, national origin, religion, sex, sexual orientation, gender identity or expression, pregnancy, childbirth or medical conditions related to pregnancy or childbirth, age, physical or mental disability, genetic information, marital status, creed, political beliefs or affiliation, veteran status, military service, retaliation, or any other factor not related to merit and qualifications of an employee or applicant.