Examiner (Insurance Financial Examiner)

State-of-Missour; Jefferson City (MO); On-site; USD 58,000 - 84,000; Full time

Job summary

The Missouri Department of Commerce and Insurance, Human Resources Section in Jefferson City seeks a Financial Examiner to help ensure insurers are financially able to pay claims by conducting risk-focused examinations. A Bachelor's degree in accounting, insurance, risk management or related fields and 0–1 years of experience in insurance accounting/auditing or statutory risk-focused examination are required.

Travel may be occasional.

Qualifications

• Bachelor's degree with specialization in accounting, insurance, risk management, business, or closely related areas.
• 0–1 years of professional or technical experience in areas of insurance accounting/auditing, statutory risk-focused examination, or other relevant fields.
• Post-secondary education will not be used as the sole basis to deny consideration.

Responsibilities

• Participate in all phases of financial examinations, including the evaluation of insurers’ financial operations.
• Perform analysis, identify concerning trends, and recommend further investigation.
• Occasional in-state and out-of-state travel may be required.

Skills

Analytical skills

Risk assessment

Accounting knowledge

Auditing

Education

Bachelor’s degree in accounting/insurance/risk management

Job description

Salary Range: $58,023 - $83,784 (commensurate with experience and education)

The salary indicated represents a base pay rate. If the candidate selected is eligible for a years-of-service pay differential, it will be added to the total compensation. A pay differential does not raise the base pay.

Job Location: This position will be located at Harry S Truman State Office Building, 301 W High Street, Jefferson City, Missouri.

Why is the work you do in this position important to Missouri?

This position serves Missourians by helping ensure that insurance companies are financially able to pay insurance claims. This is achieved by conducting risk-focused financial examinations to verify insurers have adequate internal controls, are compliant with Missouri statutes and regulations, and are in sound financial condition.

• Participate in all phases of financial examinations, including the evaluation of insurers’ financial operations.
• Perform analysis, identify concerning trends, and recommend further investigation.
• Occasional in-state and out-of-state travel may be required.

A Bachelor’s degree with specialization in accounting, insurance, risk management, business, or closely related areas; AND 0-1 years professional or technical experience in areas of insurance accounting/auditing, statutory risk-focused examination, or other relevant fields.

Lack of post‑secondary education will not be used as the sole basis denying consideration to any applicant.

Note:An employee in this position will have the opportunity to obtain insurance designations required for accreditation or certification and maintain the designations through continuing education. The department offers employer reimbursement of the costs of these designation and certification programs, plus supports other professional development to enhance your promotional opportunities within the insurance examination job family which is detailed at https://oa2.mo.gov/personnel/careers/regulatory-compliance/insurance-examination. Employment in this position may qualify individuals for the provisions under the Public Service Loan Forgiveness Program.

The State of Missouri offers an excellent benefits package that includes a defined pension plan, generous amounts of leave and holiday time, and eligibility for health insurance coverage. Your total compensation is more than the dollars you receive in your paycheck. To help demonstrate the value of working for the State of Missouri, an interactive Total Compensation Calculator was created. This tool provides a comprehensive view of benefits and more that are offered to prospective employees. The Total Compensation Calculator and other applicant resources can be found here.

The Missouri Department of Commerce and Insurance, Human Resources Section at [e-mail].