INSURANCE EXAMINER I - DOWNTOWN, OAHU

State of Hawai'i; Hawaii; On-site; USD 62,000 - 75,000; Full time

Job summary

State of Hawaii refers to a position within the Department of Commerce & Consumer Affairs – Downtown that focuses on examining and auditing insurance entities to ensure solvency and regulatory compliance. The role involves preparing reports, supervising audits, and analyzing results to support annual financial reviews.

This continuous recruitment may close at any time; the salary ranges from $5,527 to $6,728 per month and the hiring process considers funds availability and candidate

Qualifications

• Bachelor's degree from a regionally accredited college or university with at least twelve (12) semester credit hours in accounting and/or auditing subjects.
• General Experience: One year of professional experience in accounting or auditing which required the knowledge and application of generally accepted professional accounting and/or auditing principles and practices.
• Specialized Experience: Two years of professional experience in accounting in the insurance field or of auditing or financial examination of insurance business operations which provided knowledge of the insurance industry organization, operations and practices; and laws, rules and regulations governing the conduct of such businesses.
• Substitutions Allowed: Relevant substitutions as described in the Minimum Qualification Requirements may apply.

Responsibilities

• Conducts examinations of insurance companies, fraternal organizations, mutual benefit, hospital and medical associations and domestic insurance rating organizations to determine solvency, soundness of management and policies and compliance under the law; supervises examinations and audits of insurance agencies to assure compliance with insurance laws; supervises the annual audit of all insurance organizations’ premium tax, financial and operating statements, collection of all premium taxes, and preparation of annual reports; assigns work and consolidates and analyzes results of all examinations, audits and investigations; prepares examination and audit reports; and performs other duties as required.

Skills

Accounting

Auditing

Insurance knowledge

Education

Bachelor's degree with 12 accounting/auditing credits

Job description

Recruitment Number 26-0029

Department of Commerce & Consumer Affairs – Downtown

Salary: $5,527 to $6,728 per month (SR-22, Step D to I)

Note: Hiring rates will be based on availability of funds, the applicant's qualifications, and other relevant factors.

This continuous recruitment may be closed at any time. The notice of the last day to file applications will be posted on the State of Hawaii's Civil Service Job Opportunities Listing page of our website.

Conducts examinations of insurance companies, fraternal organizations, mutual benefit, hospital and medical associations and domestic insurance rating organizations to determine solvency, soundness of management and policies and compliance under the law; supervises examinations and audits of insurance agencies to assure compliance with insurance laws; supervises the annual audit of all insurance organizations’ premium tax, financial and operating statements, collection of all premium taxes, and preparation of annual reports; assigns work and consolidates and analyzes results of all examinations, audits and investigations; prepares examination and audit reports; and performs other duties as required.

Qualifications

LEGAL AUTHORIZATION TO WORK REQUIREMENT

The State of Hawaii requires all persons seeking employment with the government of the State shall be citizens, nationals, or permanent resident aliens of the United States, or eligible under federal law for unrestricted employment in the United States.

• Education Requirements: A bachelor's degree from a regionally accredited college or university with at least twelve (12) semester credit hours in accounting and/or auditing subjects.
• General Experience: One year of professional experience in accounting or auditing which required the knowledge and application of generally accepted professional accounting and/or auditing principles and practices.
• Specialized Experience: Two years of professional experience in accounting in the insurance field or of auditing or financial examination of insurance business operations which provided knowledge of the insurance industry organization, operations and practices; and laws, rules and regulations governing the conduct of such businesses.
• Non-Qualifying Experience: The following types of experience will not be accepted as the professional experience required for these positions. Experience in positions where the duties did not require full professional knowledge and application of generally accepted accounting principles or auditing standards such as an operator of accounting or bookkeeping machine, or in bookkeeping, or in minor accounting or clerical positions (e.g., time, leave, payroll, voucher examining, etc.); experience as an office manager or owner of a business who supervises accountants, auditors or bookkeepers but did not participate in the accounting or auditing work with responsibility for its technical adequacy.
• Substitutions Allowed: Relevant substitutions as described in the Minimum Qualification Requirements may apply.

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The State of Hawai'i complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If you require reasonable accommodations in completing an application, any pre-employment testing, or otherwise participating in the selection process, please call 808-587-1111 for assistance.

PUBLIC SERVICE LOAN FORGIVENESS (PSLF) PROGRAM

The PSLF Program is a federal program that is intended to encourage individuals to work in public service by forgiving the balance of their federal student loans. To qualify, the individual must have made 120 qualifying payments while employed by a qualifying employer. For more information, please

ELECTRONIC NOTIFICATION TO APPLICANTS

The Department of Human Resources Development (HRD) will use electronic mail (email) to notify applicants of important information relating to the status and processing of their applications as part of our ongoing efforts to increase operational efficiency, promote the conservation of green resources, and minimize delays and costs. Please ensure that the email address and contact information you provide is current, secure, and readily accessible to you. We will not be responsible in any way if you do not receive our emails or fail to check your email-box in a timely manner. In addition, please be aware that you may no longer receive notification about applications submitted if you choose to disable the Job Application Emails feature in your Account Settings.

TESTING INFORMATION

The examination for this recruitment will be conducted on an unassembled basis where the examination score is based on an evaluation and rating of your education and experience. It is therefore important that your employment application provide a clear and detailed description of the duties and responsibilities of each position you held.

In-person interviews and/or further testing in Hawaii may be required at the discretion of the hiring agency. If in-person interviews and/or further testing is a requirement, applicants who meet the minimum qualification requirements and are referred to the vacancy must be available to participate in person and at their own expense in this required phase of the selection process. Applicants are encouraged to submit their applications as soon as possible. In addition to employment availability and score, the referral of qualified applicants may be based upon other factors including date of receipt of application.