Insurance Company Examiner Manager

State of North Carolina - Insurance; North Carolina; Hybrid; USD 82,000 - 109,000; Full time

Benefits offered by this job

12 Annual paid Holidays

Health plan (Aetna)

Flexible Spending Accounts

Accident Insurance

Cancer & Specified Disease

Dental & Vision

NC State Retirement (TSERS)

Employee discounts

Job summary

The North Carolina Department of Insurance is seeking an Insurance Company Examiner Manager to lead a team responsible for complex financial and market conduct examinations of insurers. The role involves guiding examination planning, staffing, and reporting, while ensuring compliance with SAP, GAAP, and state laws.

The position includes public speaking engagements and travel to industry events to promote the captive program.

Qualifications

• Bachelor's degree with accounting courses and four years of auditing experience in insurance operations or related fields.
• Strong knowledge of SAP, GAAP, NC insurance laws and regulatory standards.
• Excellent leadership, analytical, and communication skills; willing to travel.

Responsibilities

• Lead and manage the Insurance Company Examination team, including training and performance appraisals.
• Direct examinations from planning through report development and findings resolution.
• Review work products for accuracy and adherence to laws and standards.
• Serve as liaison with insurers, regulators, and stakeholders; present findings at meetings.

Skills

SAP/GAAP knowledge

Regulatory knowledge

Leadership

Public speaking

Travel willingness

Communication skills

CFE preferred

Education

Bachelor's degree

Job description

AgencyDept of InsuranceDivisionCompany Services GroupJob Classification TitleInsurance Company Examiner Manager (NS)Position Number60013714GradeNC23About UsThe mission of the North Carolina Department of Insurance is to promote a stable insurance market through unbiased regulation and to protect the lives and property of every citizen in all 100 counties while fostering superior, user-friendly service, courtesy, and respect. Our agency licenses insurance agents, adjusters, bail bondsmen and more, along with investigating fraud matters involving insurance consumers and any entity or individual regulated by the Department. In an ever-changing environment, it is the vision of the Department of Insurance to maintain the stabilization of the insurance industry in order to provide more products, competitive prices and consumer protection.Description of WorkPosition number: 60013714Salary Recruitment Range: $ 81,620 - $109,118Salary Grade: NC23The posting will close at 11:59 p.m. the night before the closing date.This position currently qualifies for a hybrid telework option with routine office and up to one remote workday per week. The NC Department of Insurance trusts our employees to be self-motivated and successful in hybrid/remote roles. Telework options are subject to change at the discretion of management.Primary Purpose of the PositionThe primary purpose of this position is to license captive insurers and regulate the financial solvency of captives licensed in North Carolina. The position involves frequent interaction with the management of the North Carolina Department of Insurance (NCDOI), captive insurers, captive service providers, and others in the captive industry.Additionally, the position will be primarily responsible for assisting the Deputy Commissioner of the Division and other NCDOI management with the marketing and promotion of the North Carolina captive program, which requires public speaking at captive industry events and travel.This position is expected to oversee the non-RRG captive insurance company operations of the Division in conjunction with the Deputy Commissioner and exercise independent judgment in performing assigned responsibilities. Work is performed under the general direction of the Deputy Commissioner of the Division.This position manages a team of Insurance Company Examiners responsible for conducting complex financial and market conduct examinations of insurance companies to ensure compliance with North Carolina laws and regulations and to protect the interests of policyholders.• Lead and manage the Insurance Company Examination team by supervising, training, mentoring, and evaluating examiners; providing technical guidance; managing resources and budgets; and conducting performance appraisals.• Direct and oversee financial and market conduct examinations from planning and scoping through fieldwork, report development, and resolution of examination findings, ensuring compliance with regulatory standards and departmental objectives.• Review and ensure the quality of examination work products, including work papers, reports, and recommendations, for accuracy, completeness, consistency, and adherence to applicable laws, regulations, and examination standards.• Serve as the primary liaison with insurance companies, regulatory agencies, and stakeholders by communicating examination findings, leading discussions regarding financial condition and compliance, preparing formal reports, and representing the Department at meetings, hearings, and conferences.• Provide strategic regulatory and technical leadership by developing examination policies and best practices, monitoring changes in insurance laws, accounting standards, and industry trends, and collaborating on multistate examinations and investigations.Knowledge Skills and Abilities/Management PreferencesAdvanced knowledge of insurance regulation and accounting, including Statutory Accounting Principles (SAP), Generally Accepted Accounting Principles (GAAP), North Carolina insurance laws, and applicable federal regulations.Comprehensive understanding of insurance company operations, products, financial statements, and financial condition analysis, with the ability to identify and evaluate regulatory and operational risks.Strong leadership and management skills, including the ability to lead, motivate, mentor, and develop professional staff while fostering a high-performing and collaborative work environment.Exceptional analytical, communication, and presentation abilities, with demonstrated expertise in problem-solving, critical thinking, and clearly conveying complex financial and regulatory information to diverse audiences.Technical and professional proficiency, including experience with financial analysis tools and Microsoft Office applications, willingness to travel as required, and possession of a Certified Financial Examiner (CFE) or comparable professional designation preferred.Minimum Education and ExperienceSome state job postings say you can qualify by an “equivalent combination of education and experience.” If that language appears below, then you may qualify through EITHER years of education OR years of directly related experience, OR a combination of both. See the Education and Experience Equivalency Guide for details.Bachelor's degree from an appropriately accredited college or university, with the appropriate courses in accounting as defined in 21 NCAC 8A.0309 and other courses required to qualify as a candidate for the uniform certified public accountant examination, based on the examination requirements in effect at the time of graduation and four years of experience in auditing insurance company operations or closely related accounting or auditing work; or, an equivalent combination of training and experience.Benefits of NC State Employment:We value our employees and offer a wide variety of competitive and family-friendly benefits. Benefits include:12 Annual paid HolidaysNorth Carolina State Health Plan administered by AETNASupplemental Benefits including: Flexible Spending Accounts, Accident Insurance, Cancer & Specified Disease, Critical Illness, Dental and VisionNC State Retirement (TSERS)WeSave Employee DiscountsLearn more about employee perks/benefits:Why Work For NC?NC OSHR: BenefitsSupplemental and Contact Information:For consideration for this vacancy, all applicants must complete an online application using the “APPLY” button above.To receive credit for your work history and credentials, you must list the information on the State Application. Any information omitted from your application cannot be considered for qualifying credit.***Applications with \"see attached\" or resumes in lieu of completed education and work experience on the formal application will be deemed incomplete and will not be eligible for consideration for the vacancy***Applications for positions requiring specific coursework must be accompanied by a copy of the applicant's transcript.The Department of Insurance is an Equal Employment Opportunity employer and uses the merit-based recruitment and selection plan to fill positions subject to the State Personnel Act with the most qualified individuals.Academic Degrees must be from appropriately accredited institutions and will be verified. If you are selected for a position at DOI/IC, your academic credentials will be verified.Applicants requesting and receiving an accommodation under the Americans with Disabilities Act (ADA) are eligible to submit paper applications via mail or by fax.Applicants seeking Veteran's Preference under N.C.G.S .126 must submit a DD Form 214, Certificate of Release or Discharge from Active Duty. This information may be attached to the online application or be faxed on or before the closing date.Applicants may check the status of their application for a vacancy at any time by logging in to the government jobs system. Once the applicant has logged in, the status of each submitted application is documented next to each vacancy for which they have applied.For more information about NCDOI: http://www.ncdoi.gov/EEO StatementT he State of North Carolina is an Equal Employment Opportunity Employer and dedicated to providing employees with a work environment free from all forms of unlawful employment discrimination, harassment, or retaliation. The state provides reasonable accommodation to employees and applicants with disabilities; known limitations related to pregnancy, childbirth, or related medical conditions; and for religious beliefs, observances, and practices.Recruiter:Gretchen Marie SenezRecruiter Email:[e-mail]