FINANCIAL MANAGER I - 43005123

State of Florida; Tallahassee (FL); On-site; USD 59,000 - 72,000; Full time

Benefits offered by this job

Health insurance

Retirement plans

Flexible work schedules

Annual and sick leave

Job summary

The State of Florida's Office of Insurance Regulation in Tallahassee is seeking a Financial Manager I to oversee complex examination projects and supervise multiple analysts. The role emphasizes leadership, project planning, and regulatory analysis to ensure high-quality reviews within established budgets and timelines.

The incumbent will mentor staff, coordinate with legal counsel, and manage contractor relations while ensuring compliance with the Florida Insurance Code and agency procedures.

Qualifications

• Knowledge of insurance regulatory practices and ability to manage investigations and examinations.
• Ability to conduct independent research and provide technical analysis.
• Proficiency with Microsoft Office programs (Excel/Word) and data interpretation.
• Strong written/verbal communication and ability to train/lead others.

Responsibilities

• Supervise and direct the work of analysts in PCMR.
• Plan, organize and manage examination projects within budget and deadlines.
• Develop examination plans and manage contractor relations and procurement.
• Provide mentorship and handle risk mitigation and escalation when needed.
• Maintain documentation and communicate status with stakeholders.

Skills

Project management

Research and data analysis

Written communication

Team leadership

Regulatory knowledge

Problem solving

Tools

Microsoft Excel

Microsoft Word

Project management software

Job description

Select how often (in days) to receive an alert:

The State Personnel System is an E-Verify employer. For more information click on our E-Verify Website .

Requisition No:887407

Agency: Office of Insurance Regulation

Working Title: FINANCIAL MANAGER I - 43005123

*****OPEN COMPETITIVE EMPLOYMENT OPPORTUNITY *****

CITY: TALLAHASSEE

COUNTY: LEON

The Florida Office of Insurance Regulation (OIR) strives to promote a stable and competitive insurance market for consumers. With a workforce of approximately 250 staff members, OIR regulates one of the largest, most complex insurance markets in the world. OIR offers a range of challenging and rewarding opportunities for individuals looking to grow in their careers, as well as a wide variety of top insurance–related courses and professional certifications to ensure that its staff have the industry knowledge needed to succeed. OIR employees also have access to the State of Florida’s tuition waiver program, which offers educational assistance to full-time, salaried employees.

As a State Agency, OIR offers excellent benefits, including health, dental, and vision insurance; retirement plans; flexible spending accounts; health savings accounts; and more. OIR also offers annual and sick leave, a generous holiday schedule, and flexible work schedules. Click the links below to see the many benefits and retirement options you have as a State of Florida employee:

Brief Description of Duties and Responsibilities:

This is a highly responsible professional position with both technical and administrative responsibilities that require independent work producing a precise and accurate work product. The incumbent provides project management for multiple investigation or examination projects that support the Office’s strategic plan, legislative requirements, and technology needs. The incumbent is responsible for planning and organizing projects to achieve outcomes aligned with the Office’s goals. The incumbent will conduct independent research, provide insurance analysis, and guidance to support project staff and ensure project teams, which may include contractors, follow agency procedures and documentation standards.

The primary duty of this position is to supervise and direct the work of two or more full-time analysts in Property and Casualty Market Regulation (PCMR). This position spends the majority of its time communicating with, motivation, training, and evaluating employees, and planning and directing employee work. This position has the authority to hire, transfer, suspend, lay off, recall, promote, discharge, assign, reward or discipline subordinate employees or effectively recommend such action.

This position is responsible for assigning, monitoring and reviewing the work of direct reports to ensure timely and sufficient reviews, monitoring, and statutory examinations of certain industry related companies to support Office oversight and implementation of the Florida Insurance Code. Ensures that the review team implements Florida Insurance Code standards and delivers high-quality analysis. Provided mentorship to direct reports, using problem solving skills to remove obstacles, resolve conflicts, and mitigate risks when possible and escalates to management when appropriate. Manages and trains on examination procedures and techniques.

• Responsible for the examination plan and management of contractors to ensure high-quality review analysis and implementation of the Florida Insurance Code. Designs and develops examination plans for Office oversight and assists with contractor procurement. Manages project scope and implementation activities to deliver reports on time and within budget. Identifies and manages technical and non-technical issues and risks that could impact on the project.
• Provides advance research and analysis or supervises assigned insurance analysts for assigned projects. This included but is not limited to in-depth investigations and review of policy forms, rates, contracts, endorsements, claims forms and handling practices, underwriting practices, advertising, premium refunds, record management and other insurance related business practices.
• Conducts informal conferences with insurance companies on business practices, validates findings of statutory examinations, and recommends agency action. Reports and communicates examination status with project team members, stake holders, and Office management.
• Collaborates with legal counsel to articulate conceptual, legal, and technical aspects of examinations or investigation reports.
• Manages multiple insurance regulatory related projects that support the Office’s business needs by conducting advance technical research and market analysis relating to the insurance industry.
• Conducts market and data analysis on industry conduct and structure to assist the Office with exams and investigations. Acts as a resource for NOI and other reviews.
• Acts as a market conduct manager upon earning IRES designation. Responsible for facilitating the examination between the contractor and insurer, managing project scope and budget, reviewing invoices, monitoring exam and escalating exam issues to management.
• Responsible for record management of electronic files related to examinations or investigations.
• Performs other duties as required.

Minimum Qualifications for this position include the following REQUIRED ENTRY LEVEL KNOWLEDGE, SKILLS, AND ABILITIES:

• Knowledge of basic principles of insurance and risk management, general practices of insurance companies or other entities regulated by any state’s insurance code, or general legal practices in a regulatory environment
• Knowledge of research, auditing, investigative, and problem-solving techniques and practices
• Skilled in use of Microsoft Office programs with proficiency in Excel and Word
• Ability to collect, analyze, and interpret data
• Ability to plan, organize and prioritize work assignments
• Ability to communicate effectively verbally and in writing
• Ability to listen, apply, and understand instructions in both written and oral format
• Ability to handle confidential information
• Ability to prepare detailed/specialized written reports
• Ability to establish and maintain effective working relationships with others
• Ability to train others on processes and procedures
• Ability to understand, interpret and apply laws, rules, regulations, policies and procedures
• Ability to critically think, draw conclusions, and make decisions with minimal direction
• Ability to effectively organize information to reflect the logical progression of events, procedures performed, and conclusions reached
• Ability to work well as a team member
• Ability to work independently on individual assignments
• Abilit to determine work priorities to ensure proper completion of work assignments
• Ability to follow verbal and written instructions
• Ability to confidently and independently present and discuss work product
• Ability to work within deadlines
• Ability to maintain objectivity and make sound judgement and decisions
• Ability to supervise others

The starting salary for this position is $65,000.04.

A work sample will be given; only applicants that pass the work sample will be interviewed.

Preference will be given to applicants with two or more years of proven work experience in insurance; and one or more years of proven supervisory experience. Resumes should reflect this experience.

Candidates requiring a reasonable accommodation, as defined by the Americans with Disabilities Act, must notify the agency hiring authority and/or People First Service Center (1-866-663-4735). Notification to the hiring authority must be made in advance to allow sufficient time to provide the accommodation.

The State of Florida supports a Drug-Free workplace. All employees are subject to reasonable suspicion drug testing in accordance with Section 112.0455, F.S., Drug-Free Workplace Act.

For assistance, call the People First Service Center at [phone] Monday - Friday, 8:00 a.m. to 6:00 p.m., Eastern time. Pursuant to Florida Law, 110.211 F. S., the State of Florida is an EEO employer.