Insurance Market Conduct Examiner 1

Commonwealth of Pennsylvania; Harrisburg (Dauphin County); Hybrid; USD 54,000 - 67,000; Full time

Job summary

The Commonwealth of Pennsylvania's Insurance Department, Market Analysis Division, seeks an Insurance Market Conduct Examiner 1 to analyze industry data and help identify anomalies and trends in compliance with state statutes.

This full-time position offers telework up to three days per week within PA, a 7:30–4:00 schedule, and a starting salary of $60,538 with potential for professional growth through reporting and collaboration with NAIC regulators.

Qualifications

• Experience analyzing insurance market data and reports.
• Knowledge of PA insurance statutes and regulations.
• Ability to prepare formal reports and recommendations.

Responsibilities

• Information Analysis: Help analyze, monitor, and review insurance industry records and data.
• Issue Identification: Find anomalies, trends, and violations in data.
• Compliance Checking: Review files to ensure operations comply.
• Formal Reporting: Prepare reports to communicate findings and recommend actions.
• Professional Collaboration: Assist with analyses via NAIC systems and projects.
• Stakeholder Communication: Participate in calls with regulators.

Skills

Information analysis

Regulatory knowledge

Reporting

Stakeholder communication

Education

Bachelor’s degree

Job description

Do you enjoy working with detailed information and want to help ensure that insurance companies and licensees adhere to Pennsylvania's insurance statutes and regulations? Join the Insurance Department, Market Analysis Division as an Insurance Market Conduct Examiner 1. This role helps analyze insurance company data and documentation to identify anomalies and support the accurate reporting of company and industry issues and trends.

This position participates in conducting market analysis and oversight compliance reviews to ensure that all anomalies, trends, and issues are identified and reported to the appropriate leadership teams and regulatory authorities. As an Insurance Market Conduct Examiner 1, you will perform the following duties:

• Information Analysis: Help analyze, monitor, and review insurance industry records and data as well as conduct industry studies and surveys on various compliance issues
• Issue Identification: Find anomalies, company and industry trends of concern, and violations of statute, regulation, and policy conditions in insurance company data
• Compliance Checking: Review company files and electronic records both in-house and at department offices to determine if operations comply with statutes and regulations
• Formal Reporting: Secure back up documentation, prepare, and submit formal reports to communicate findings and recommend corrective actions needed to address non-compliance
• Professional Collaboration: Assist with analyses conducted via the National Association of Insurance Commissioners’ (NAIC) secure online systems and special projects as assigned
• Stakeholder Communication: Participate in conference calls with insurance industry and other state’s regulators

Interested in learning more? Additional details regarding this position can be found in the position description.

Work Schedule and Additional Information:

• Full-time employment
• Work hours are 7:30 AM to 4:00 PM, Monday - Friday, with a 60-minute lunch.
• Telework: You may have the opportunity to work from home (telework) part-time, up to three days per week. In order to telework, you must have a securely configured high-speed internet connection and work from an approved location inside Pennsylvania. If you are unable to telework, you will have the option to report to the headquarters office in Harrisburg. The ability to telework is subject to change at any time. Additional details may be provided during the interview.
• Salary: Selected candidates who are new to employment with the Commonwealth of Pennsylvania will begin employment at the starting annual salary of $60,538 (before taxes)
• You will receive further communication regarding this position via email. Check your email, including spam/junk folders, for these notices.

QUALIFICATIONS

Minimum Experience and Training Requirements:

• Successful completion of the Insurance Market Conduct Examiner Trainee training program (Commonwealth job title or equivalent Federal Government job title, as determined by the Office of Administration); or
• One year of professional experience in insurance market conduct examinations, insurance company financial examinations, insurance investigations, insurance financial analysis, insurance underwriting, insurance policy review and analysis, insurance claims administration, or insurance sales, and a bachelor’s degree; or
• An equivalent combination of experience and training.

Other Requirements:

• You must meet the PA residency requirement. For more information on ways to meet PA residency requirements, follow the link and click on Residency Guidelines.

Veterans:

• Pennsylvania law (51 Pa. C.S. §7103) provides employment preference for qualified veterans for appointment to many state and local government jobs. To learn more about employment preferences for veterans, go to www.pa.gov/agencies/employment/how-to-apply.html and click on Veterans.

Telecommunications Relay Service (TRS):

• 711 (hearing and speech disabilities or other individuals).

If you are contacted for an interview and need accommodations due to a disability, please discuss your request for accommodations with the interviewer in advance of your interview date.

The Commonwealth is an equal employment opportunity employer and is committed to a diverse workforce. The Commonwealth values inclusion as we seek to recruit, develop, and retain the most qualified people to serve the citizens of Pennsylvania. The Commonwealth does not discriminate on the basis of race, color, religious creed, ancestry, union membership, age, gender, sexual orientation, gender identity or expression, national origin, AIDS or HIV status, disability, or any other categories protected by applicable federal or state law. All diverse candidates are encouraged to apply.

• Completing the application, including all supplemental questions, serves as your exam for this position. No additional exam is required at a test center (also referred to as a written exam).
• Your score is based on the detailed information you provide on your application and in response to the supplemental questions.
• Your score is valid for this specific posting only.
• You must provide complete and accurate information or:
  • your score may be lower than deserved.
  • you may be disqualified.
• You may only apply/test once for this posting.
• Your results will be provided via email.