Insurance Examiner 2

State of Iowa - Executive Branch; Des Moines (IA); Hybrid; USD 60,000 - 80,000; Full time

Benefits offered by this job

IPERS

RIC

Health Insurance

Paid Vacation and Sick Leave

9 Holidays per Year

Flexible Work Schedules

Telework Opportunities (Mon & Fri)

Employee Assistance Program

Professional development and learning

Job summary

State of Iowa - Executive Branch seeks an Insurance Examiner 2 to lead audits of insurance entities, assess risk, and ensure compliance with insurance laws. The role supports management on NAIC groups and may involve travel and training duties.

The position emphasizes foundational insurance knowledge and regulatory oversight within the financial examinations team, with preferred professional designations.

Qualifications

• Minimum degree or equivalent in insurance, accounting, actuarial science, risk management, finance or business.
• Experience in insurance industry examination, financial analysis, quality assurance, enterprise risk management, or corporate governance.
• Current, continuous experience in the state executive branch including one year as Insurance Examiner 1.

Responsibilities

• Audit non-traditional risk-bearing entities and assist in examinations.
• Train and advise staff; perform related work as required.
• Support management on NAIC working groups.

Skills

Auditing

Risk assessment

Regulatory compliance

Analytical reasoning

Education

Four-year degree in Insurance, Accounting, Actuarial Science, Risk Management, Finance or Business

Graduate-level education or coursework meeting experience requirements

Job description

Job Description

The Company Regulation Bureau is looking for an Insurance Examiner 2 to join our financial examinations team. The Insurance Examiner 2 provides professional oversight of entities engaged in the business of insurance by performing auditing assignments in the examination of the financial and related business records to assess risk and determine compliance with insurance laws and regulations.

Job Description

The Company Regulation Bureau is looking for an Insurance Examiner 2 to join our financial examinations team. The Insurance Examiner 2 provides professional oversight of entities engaged in the business of insurance by performing auditing assignments in the examination of the financial and related business records to assess risk and determine compliance with insurance laws and regulations.

Job Description

This is a non-merit position. The Company Regulation Bureau is looking for an Insurance Examiner 2 to join our financial examinations team. The Insurance Examiner 2 provides professional oversight of entities engaged in the business of insurance by performing auditing assignments in the examination of the financial and related business records to assess risk and determine compliance with insurance laws and regulations.

An Insurance Examiner 2 should have a foundational understanding of insurance, risk, and regulations.

Assist in the audit of other non-traditional risk bearing entities; train and advise staff; perform other related work as required.

Support members of management on NAIC working groups.

An Accredited Financial Examiner (AFE), Certified Financial Examiner (CFE), Automated Examination Specialist (AES), or Certified Information Systems Auditor (CISA) designation is preferred.

State of Iowa offers a comprehensive benefits package designed to support you professionally and personally:

• Iowa Public Employees’ Retirement System (IPERS)
• Retirement Investors Club (RIC)
• Health, Dental, and Vision Insurance
• Paid Vacation and Sick Leave
• 9 Paid Holidays per Year
• Flexible Work Schedules
• Telework Opportunities (Monday & Friday)
• Employee Assistance Program
• Professional development and learning opportunities

E-Verify and Right to Work

The State of Iowa participates in E-Verify, a federal program that helps employers confirm the employment eligibility of all newly hired employees. Within the required timeframe, new hires will be verified through the E-Verify system to ensure authorization to work in the United States. The State of Iowa also complies with the federal Right to Work laws, which protect employees’ rights to work without being required to join a labor organization. For more information, please visit www.e-verify.gov.

Minimum Qualification Requirements

Applicants must meet at least one of the following minimum requirements to qualify for positions in this job classification:

• Graduation from an accredited four-year college or university with a degree in insurance, accounting, actuarial science, risk management, finance, or business, and experience equal to two years of full-time work in insurance industry examination, financial analysis, quality assurance, enterprise risk management, or corporate governance.
• All of the following (a and b):
• A total of four years of education and/or full-time experience, where thirty semester hours of accredited college or university course work in insurance, accounting, actuarial science, risk management, finance, or business equals one year of full-time experience in insurance industry examination, financial analysis, quality assurance, enterprise risk management, or corporate governance; and
• A total of two years of graduate-level education and/or full-time experience (as described in part a), where twenty-four semester hours of accredited graduate college or university coursework in business, law, actuarial science, computer science, or pharmaceutical science equals one year of full-time experience.
• Current, continuous experience in the state executive branch that includes one year of full-time work as an Insurance Examiner 1.

Additional Qualification Requirements

Travel, including overnight, out-of-state, and international travel, may be required for positions in this class. Employees must arrange transportation to and from assigned work areas.