Senior Compliance & Financial Analysis – Insurance (Remote)

Financial Services, Department of; New York (NY); Hybrid; USD 95,000 - 150,000; Full time

Job summary

The New York State Department of Financial Services seeks a Financial Services Specialist 4 (Compliance) for its Property Bureau to conduct financial analysis and compliance review of insurance companies.

The role involves auditing annual and quarterly financial statements, assessing cybersecurity and climate risk compliance, processing licensing applications, and monitoring regulatory adherence for complex companies and holding groups.

Qualifications

• Nine years of specialized experience in financial institution compliance evaluation, regulatory review, or identifying unfair/deceptive practices.
• Two years of supervisory-level experience required.
• Knowledge of NAIC Financial Analysis Handbook and New York Insurance Law.

Responsibilities

• Conduct financial analysis and compliance review of insurance companies.
• Audit annual and quarterly financial statements.
• Assess cybersecurity and climate risk compliance.
• Process licensing applications and monitor regulatory adherence for complex holding groups.

Skills

Regulatory compliance evaluation

Supervisory experience

Financial statement analysis

Holding company evaluation

Cybersecurity & climate risk awareness

Education

Associate degree

Bachelor's degree

Master's degree

J.D.

Ph.D.

Tools

NAIC Financial Analysis Handbook

Job description

The New York State Department of Financial Services seeks a Financial Services Specialist 4 (Compliance) for its Property Bureau to conduct financial analysis and compliance review of insurance companies.

The role involves auditing annual and quarterly financial statements, assessing cybersecurity and climate risk compliance, processing licensing applications, and monitoring regulatory adherence for complex companies and holding groups.