Financial Examiner

Risk & Regulatory Consulting LLC; Mississippi; Hybrid; USD 94,000 - 179,000; Full time

Job summary

Risk & Regulatory Consulting LLC (RRC), an affiliate of RSM, seeks a Financial Examiner to perform risk focused financial examinations and regulatory consulting for state insurance departments. This remote role offers travel flexibility and potential for advancement within a national professional services firm.

Requirements include a Bachelor’s in Accounting or Finance, 10+ years in accounting/auditing, and professional certifications such as CFE/CPA/CIA.

Qualifications

• Bachelor's Degree in Accounting or Finance; MBA and/or professional certifications preferred.
• Minimum 10+ years experience as an accountant, auditor or examiner in insurance or public accounting.
• CFE/CFE Candidate, CPA/CIA credentials a plus; strong analytical and presentation skills.

Responsibilities

• Perform risk focused financial examinations to determine solvency and regulatory compliance.
• Review examination work papers and analyze insurer operations and statutory compliance.
• Prepare reports, exhibits and schedules detailing solvency and regulatory findings.
• Provide insurance law guidance and interpret new or revised regulations.

Skills

10+ years experience

Strong communication

Analytical skills

Examination/audit skills

Education

Bachelor's Degree in Accounting or Finance

Tools

TeamMate

ACL/Access

MS Excel

MS Word

PowerPoint

Job description

We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, culture and talent experience and our ability to be compelling to our clients. You’ll find an environment that inspires and empowers you to thrive both personally and professionally. There’s no one like you and that’s why there’s nowhere like RSM.

Position Overview

Financial Examiner Risk & Regulatory Consulting, LLC (Regulatory Insurance) Work from home-any US location Position Overview The Financial Examiner will primarily perform financial examinations and regulatory consulting services for state insurance departments. This position has significant opportunity for advancement as well as personal and professional growth.

Specific Duties and Responsibilities

Perform risk focused financial examinations to determine solvency and compliance to statutes on behalf of Risk & Regulatory Consulting LLC insurance clients. Perform reviews of examination work papers and evaluate insurance company operations. Ensure the integrity of the regulatory system. Assist with the preparation of reports, exhibits, and other supporting schedules that detail a company's solvency, condition and compliance with laws and regulations, and recommend solutions to questionable financial conditions. Responsible for timely submission of draft reports for review. Recommend/document actions to ensure compliance with laws and regulations, or to protect solvency of the company. Provide knowledge and guidance of insurance laws, rules, and regulations. Review and analyze new, proposed, or revised laws, regulations, policies, and procedures in order to interpret their meaning and determine impact to the company. Analyze financial operating statements, reports, and records relating to specific and overall operations of insurance companies and health care organizations. Consistently enhance knowledge of: principles, practices, techniques, and methods of accounting and auditing; insurance examination and regulation; insurance laws and Insurance Commissioner's rulings; and related Attorney General opinions and court decisions; insurance company practices; statistical sampling procedures; basic actuarial mathematics; principles and practice of effective supervision, insurance companies and health care organizations.

Requirements

• Bachelor's Degree in Accounting or Finance; MBA and/or professional certification/s preferred
• Minimum 10+ years experience as an accountant, auditor or examiner with a state insurance department or a public accounting firm or as an accountant, internal or external auditor or examiner of insurance companies. Insurance industry experience is a must.
• Certified Financial Examiner (CFE) or CFE Candidate, CPA or CPA candidate, and/or Certified Internal Auditor (CIA) or CIA Candidate a plus
• PC skills, including experience in using software for producing presentations, spreadsheets, and project planning (skilled in TeamMate, ACL/Access, and MS Excel, Word and Power Point)
• Strong interpersonal, presentation, analytical and examination/audit skills
• Excellent organizational skills and the ability to prioritize multiple tasks, projects and assignments using effective time management skills
• Strong written and verbal communication skills are required
• Dynamic/flexible demeanor with exceptional client service skills
• Must be self‑motivated, work well independently and possess a sense of urgency
• Skilled in team building and team development

Training/Consulting Experience

Work from home with flexibility to travel

Company & Consulting Overview

Risk & Regulatory Consulting, LLC (RRC), an affiliate of RSM, is a national, leading professional services firm dedicated to providing exceptional regulatory services to clients. RRC offers services in the following regulatory areas: financial examinations, market conduct examinations, insolvency and receiverships, actuarial services and valuations, investment analysis, reinsurance expertise, market analysis and compliance, and special projects. RRC is a results‑oriented firm committed to success that builds long‑term relationships with its clients. www.riskreg.com

Regulatory Areas

• financial examinations
• market conduct examinations
• insolvency and receiverships
• actuarial services and valuations
• investment analysis
• reinsurance expertise
• market analysis and compliance
• special projects

Compensation

Compensation Range: $94,400 - $178,800

Individuals selected for this role will be eligible for a discretionary bonus based on firm and individual performance.

Equal Opportunity / Diversity

All applicants will receive consideration for employment as RSM does not tolerate discrimination and/or harassment based on race; color; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender; sexual orientation; HIV Status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the US uniformed service; US Military/Veteran status; pre-disposing genetic characteristics or any other characteristic protected under applicable federal, state or local law. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment/partnership. RSM is committed to providing equal opportunity and reasonable accommodation for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or otherwise participate in the recruiting process, please call us at 800-274-3978 or send us an email at [e-mail]. RSM does not intend to hire entry level candidates who will require sponsorship now OR in the future (i.e. F-1 visa holders). If you are a recent U.S. college / university graduate possessing 1-2 years of progressive and relevant work experience in a same or similar role to the one for which you are applying, excluding internships, you may be eligible for hire as an experienced associate. RSM will consider for employment qualified applicants with arrest or conviction records. For those living in California or applying to a position in California, please click here for additional information. At RSM, an employee’s pay at any point in their career is intended to reflect their experiences, performance, and skills for their current role. The salary range (or starting rate for interns and associates) for this role represents numerous factors considered in the hiring decisions including, but not limited to, education, skills, work experience, certifications, location, etc. As such, pay for the successful candidate(s) could fall anywhere within the stated range.

Why work at RSM?

At RSM, we accomplish meaningful work and make an impact on the world around us. We work hard to fully understand our clients and work even harder to understand and identify your unique skills. We celebrate the differences among us and empower our talented professionals to grow forward, both personally and professionally. Our clients benefit from fresh insights and energy as we collaborate to support them, and our teams enjoy a work environment that inspires and empowers them to thrive.