Insurance Company Examiner Manager

Insurance; Raleigh (NC); Hybrid; USD 82,000 - 109,000; Full time

Benefits offered by this job

12 Annual paid Holidays

State Health Plan administered by AETN

Retirement (TSERS)

WeSave Employee Discounts

Job summary

The North Carolina Department of Insurance is seeking an Insurance Company Examiner Manager (NS) to license captive insurers and regulate their financial solvency in North Carolina. The role involves collaborating with the Deputy Commissioner, captives, and service providers, and may require travel to captive industry events.

You will lead a team of analysts, apply GAAP and SAP, and provide guidance on regulatory and financial issues while representing the division at industry events.

Qualifications

• Bachelor's degree in accounting or related field with CPA exam prerequisites.
• Four years of experience auditing insurance company operations or related work.
• Strong knowledge of GAAP and SAP and regulatory requirements.

Responsibilities

• License captive insurers and regulate their financial solvency in NC.
• Advise Deputy Commissioner and manage regulatory processes for captives.
• Travel and speak at captive industry events as required.
• Lead and develop a team of Insurance Company Analysts.

Skills

Leadership

Analytical skills

Regulatory knowledge

Public speaking

Education

Bachelor's degree in accounting

Tools

Microsoft Office

Financial analysis tools

Job description

Agency Dept of Insurance Division Company Services Group Job Classification Title Insurance Company Examiner Manager (NS) Position Number 60013714 Grade NC23

About Us

The 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 Work

The primary purpose of this position is to license captive insurers and regulate the financial solvency of captive insurance companies 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 Analysts responsible for ensuring compliance with The Captive Insurance Act and will require:

• Extensive understanding of financial statements, financial ratios, journal entries, financial accounting concepts, theories, and financial analysis procedures; ability to identify areas of concern related to financial statement results and provide direction and guidance to others.


• Considerable knowledge of Generally Accepted Accounting Principles (GAAP) and Statutory Accounting Principles (SSAP).


• Extensive knowledge of insurance concepts, state laws, and regulations related to captive insurance companies and other regulated entities; ability to identify areas of concern relative to financial statement results while providing direction and guidance to others.


• Knowledge of supervisory practices and skill in supervising others, including communication, delegation and assignment of work, effective management of difficult employees, performance evaluation, conducting investigations, and participating in disciplinary actions.


• The ability to utilize applicable information technology software and systems.

Knowledge, Skills and Abilities / Management Preferences

Advanced 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, and willingness to travel as required.

Minimum Education and Experience

Some 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.

Salary and Working Arrangements

Salary Recruitment Range: $ 81,620 - $109,118 Salary Grade: NC23

The 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.

Benefits of NC State Employment

• 12 Annual paid Holidays


• North Carolina State Health Plan administered by AETNA


• Supplemental Benefits including: Flexible Spending Accounts, Accident Insurance, Cancer & Specified Disease, Critical Illness, Dental and Vision


• NC State Retirement (TSERS)


• WeSave Employee Discounts

Equal Employment Opportunity Statement

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.

The 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.