What are the responsibilities and job description for the Insurance Financial Specialist 3 - Revenue - Insurance Commission - Kanawha Co. position at State of West Virginia?
Nature of Work
Note: This is an advanced position where the selected candidate will be considered a senior financial analyst.
The ideal candidate will be responsible for performing the following duties:
IMPORTANT: You MUST complete ALL parts of the application, including the Work Experience section, or you may attach a detailed resume. Please make sure to review the “Other Information” section of this listing for any specific instructions of the hiring department.
ATTENTION: Applicants may provide verification of post high school education by submitting an official transcript or diploma, training or licensure earned pertaining to this position by the closing date of the posting, if not previously verified. Protecting your personal information is our highest priority. If your official transcript, training/licensure, or Veterans documentation contains your Social Security Number and/or birthdate, please redact any personal information before submitting it to the Division of Personnel.
Please attach documents to the online application before submitting it. Or, you may email it to: applicantservices@wv.gov or by U.S .mail to: WV Division of Personnel, 1900 Kanawha Blvd. E., Building 3, Suite 500, Charleston, WV 25305.
Be sure to submit your application for each position of interest. To receive an email notification anytime jobs in this or other categories are posted, you may choose to complete a Job Interest Card from the slide-out menu located at the top left of our Job Opportunities page.
Minimum Qualifications
Training: Bachelor's degree from a regionally accredited four-year college or university with at least 24 semester hours in accounting. Preference may be given to applicants with CPA certification, a Master of Public Accountancy or Master of Business Administration.
Experience: Three years of full-time or equivalent part-time paid professional experience related to accounting, auditing, economics, finance or statistics or two years of full-time or equivalent part-time paid experience as an Insurance Financial Specialist 2.
Substitution: Successful completion of graduate study from a regionally accredited college or university in business administration, finance or accounting may be substituted for the required experience on a year-for-year basis.
A CPA certification may be substituted for the training and the required experience.
Come join our team!
We Believe Our Employees Deserve The Best To Make Sure They Have a Great Work-life Balance. The WV Offices Of The Insurance Commissioner Offers a Great Benefit Package That Includes
01
AFFIRMATION: I certify under penalty of law and disqualification that all statements are true and complete. I authorize the State of West Virginia and any agent acting on its behalf to conduct an inquiry into any job-related information contained in this application. I release the State of West Virginia and any agent acting on its behalf from any and all liability by reason of the request for such information. I further authorize and request each former employer, educational institution, or organization (including law enforcement agencies) to provide all information that may be sought in connection with this application.
- This job opportunity is not in the classified service and is not covered by the West Virginia Division of Personnel merit system***
Note: This is an advanced position where the selected candidate will be considered a senior financial analyst.
The ideal candidate will be responsible for performing the following duties:
- Under limited supervision, will perform detailed analysis work to ensure that insurance companies and other regulated entities are in compliance with West Virginia insurance laws, regulations, and the National Association of Insurance Commissioners (NAIC) for the purpose of protecting West Virginia policyholders.
- Work is performed in accordance with established West Virginia laws, regulations, procedures, guidance, and administrative directives.
- Responsible for conducting a risk-focused financial analysis on assigned West Virginia domiciled insurers under the supervision of the supervising analyst.
- Responsible for reviewing annual and quarterly insurer financial statements and all related supplemental regulatory filings to assess and monitor the current financial condition and prospective financial solvency of more complex and higher priority insurance companies.
- As assigned, the selected candidate will perform analytical reviews of applications submitted by insurance companies or other regulated entities seeking licensure/registration to conduct business in West Virginia.
- May be asked to provide guidance, support and training, or review the work of other financial analysts in lower level Insurance Financial Specialist positions.
- Minimal travel may be required.
- Performs other related work as required.
IMPORTANT: You MUST complete ALL parts of the application, including the Work Experience section, or you may attach a detailed resume. Please make sure to review the “Other Information” section of this listing for any specific instructions of the hiring department.
ATTENTION: Applicants may provide verification of post high school education by submitting an official transcript or diploma, training or licensure earned pertaining to this position by the closing date of the posting, if not previously verified. Protecting your personal information is our highest priority. If your official transcript, training/licensure, or Veterans documentation contains your Social Security Number and/or birthdate, please redact any personal information before submitting it to the Division of Personnel.
Please attach documents to the online application before submitting it. Or, you may email it to: applicantservices@wv.gov or by U.S .mail to: WV Division of Personnel, 1900 Kanawha Blvd. E., Building 3, Suite 500, Charleston, WV 25305.
Be sure to submit your application for each position of interest. To receive an email notification anytime jobs in this or other categories are posted, you may choose to complete a Job Interest Card from the slide-out menu located at the top left of our Job Opportunities page.
Minimum Qualifications
Training: Bachelor's degree from a regionally accredited four-year college or university with at least 24 semester hours in accounting. Preference may be given to applicants with CPA certification, a Master of Public Accountancy or Master of Business Administration.
Experience: Three years of full-time or equivalent part-time paid professional experience related to accounting, auditing, economics, finance or statistics or two years of full-time or equivalent part-time paid experience as an Insurance Financial Specialist 2.
Substitution: Successful completion of graduate study from a regionally accredited college or university in business administration, finance or accounting may be substituted for the required experience on a year-for-year basis.
A CPA certification may be substituted for the training and the required experience.
- Your complete work history is needed to qualify you for positions. Please be as detailed as possible and list all of your past employment.***
Come join our team!
We Believe Our Employees Deserve The Best To Make Sure They Have a Great Work-life Balance. The WV Offices Of The Insurance Commissioner Offers a Great Benefit Package That Includes
- Holidays - Minimum of 12 paid holidays
- Leave Accrual - Ample Annual (starting at 4.61 hours a pay period) and Sick Leave (5.55 hours a pay period) Accrual
- Medical Insurance - Insurance through Public Employees Insurance Agency (PEIA) with several plan options and Flexible Benefits through Mountaineer Flex Benefits to cover additional needs
- Life Insurance - Free $10,000 Basic Life Insurance and additional life insurance offered at a low cost to you
- Retirement - Mandatory retirement where the employee contributes a portion of their annual salary and the employer also contributes, in addition to an optional 457 deferred compensation retirement plan
01
AFFIRMATION: I certify under penalty of law and disqualification that all statements are true and complete. I authorize the State of West Virginia and any agent acting on its behalf to conduct an inquiry into any job-related information contained in this application. I release the State of West Virginia and any agent acting on its behalf from any and all liability by reason of the request for such information. I further authorize and request each former employer, educational institution, or organization (including law enforcement agencies) to provide all information that may be sought in connection with this application.
- I consent to the above statement.
- Required Question
