Insurance Solvency & Compliance Analyst

State of Nevada; Carson City (NV); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Health Insurance

Vacation leave

Sick Leave

Paid Holidays

Retirement (PERS)

Deferred Compensation

No Nevada state income tax

Public Service Loan Forgiveness

Longevity Payments

Job summary

The Department of Business and Industry in Nevada is seeking an Insurance Examiner 1 to review insurers' accounting and financial records and determine solvency. Placement can be in Las Vegas or Carson City depending on needs.

You will respond to inquiries, publish eligible insurers, and issue orders for changes in eligibility while assisting with regulatory actions under supervision. The role emphasizes analysis, reporting, and collaboration with the Insurance Commissioner and Legal Counsel to

Qualifications

• Bachelor’s degree in accounting, business, economics, finance, information technology, insurance, mathematics, risk management, statistics, data analytics, or closely related field.
• Associate’s degree in accounting, business, economics, finance, information technology, insurance, mathematics, risk management, statistics, data analytics, or closely related field.
• Graduation from high school or equivalent education with relevant professional experience (see essential qualifications).
• Equivalent combination of education and experience as described above.

Responsibilities

• Review applications for licensure and registration of various insurer types to ensure compliance with statutory requirements.
• Review and examine accounting and financial records of insurers to assess solvency and compliance with statutes.
• Respond to inquiries from insurers, attorneys, or interested parties regarding statutes, requirements, and procedures; provide recommendations on major changes.
• Publish listings of eligible insurers and issue orders for removal or changes in eligibility; reconcile statements and premium tax remittances.
• Compare premiums reported by brokers and insurers; design filing forms and issue notices to licensees.
• Conduct financial and market conduct examinations including field audits of agents and brokers under supervision.
• Analyze trade practices in insurance and prepare examination summaries for regulatory hearings.
• Perform financial analysis of domestic insurers per NAIC standards.

Skills

Data analytics

Auditing

Education

Bachelor's degree in accounting, business, economics, finance, information technology, insurance, mathematics, risk management, statistics, data analytics

Associate's degree in related field

High school diploma with relevant experience

Job description

The Department of Business and Industry in Nevada is seeking an Insurance Examiner 1 to review insurers' accounting and financial records and determine solvency. Placement can be in Las Vegas or Carson City depending on needs.

You will respond to inquiries, publish eligible insurers, and issue orders for changes in eligibility while assisting with regulatory actions under supervision. The role emphasizes analysis, reporting, and collaboration with the Insurance Commissioner and Legal Counsel to