What are the responsibilities and job description for the Assistant Insurance Commissioner, Property and Casualty position at NJ Department of Banking and Insurance?
Under the direction of the Director of Insurance or other appropriate level manager, provides executive guidance and direction, and establishes policy regarding the operation of one of the major operating Units within the Division of Insurance, the Office of Property and Casualty; organize, supervise and manage the Office of Property & Casualty in the Division of Insurance, in consultation with the Insurance Division Director, in accordance with applicable laws and the mission and goals of the Department.
The Assistant Insurance Commissioner is an integral member of the management team with the responsibilities of overseeing the preparation and monitoring of the budget and other administrative functions of the Office; has responsibility for employee evaluations and effectively recommending personnel actions for prospective and current employees in the Office of Property and Casualty; ensuring filings are reviewed in accordance with regulatory requirements and applicable timeframes; formulating and implementing procedural guidelines to implement policies of the Office of Property and Casualty; preparing and overseeing the preparation of clear, technically sound, accurate and informative market, statistical, financial, and other reports containing findings, conclusions, and recommendations; directing the establishment and maintenance of essential records, reports and files; reviewing responses to inquiries and complaints; communicating with industry representatives and the public, representing the Department with industry boards and committees; evaluating and proposing statutory and regulatory changes; serving as a subject matter expert to in the Insurance Division, participating in special projects, as needed, and other related work as required.
REQUIREMENTS
Graduation from an accredited college with a Bachelor's degree.
Eight years of administrative experience in insurance programs; four years of which shall have included managerial experience.
Applicants who do not possess the required education may substitute experience as indicated above on a year for year basis.