Des Moines, IA, 50381, USA
22 days ago
Financial Analyst - Insurer Solvency
Financial Analyst - Insurer Solvency Print (https://www.governmentjobs.com/careers/iowa/jobs/newprint/4684880) Apply  Financial Analyst - Insurer Solvency Salary $64,230.40 - $99,465.60 Annually Location Des Moines - 50315 - Polk County, IA Job Type Full-time Remote Employment Flexible/Hybrid Job Number 25-00844 Agency 216 Department of Insurance & Financial Services - Insurance Opening Date 10/07/2024 Closing Date 11/7/2024 11:59 PM Central LinkedIn Tag #LI-DNP Point of Contact Employment@iid.iowa.gov To Apply Applicants are encouraged to attach a resume and cover letter to their NeoGov application + Description + Benefits Job Description This is a non-merit position. Candidates must follow the instructions in the "To Apply" section. Positions in this class are exempt from the screening and referral requirements of the Iowa Department of Administrative Services - Human Resources Enterprise. The Iowa Insurance Division (IID) is seeking aFinancial Analyst to join the Company Regulation Bureau. This position is entry level and offers opportunities for growth. The Company Regulation Bureau (CREG) is responsible for monitoring and ensuring the solvency of insurers doing business in Iowa, with policyholder protection being the key objective. The analyst serves as the primary source of information regarding the solvency and operation of the insurers assigned for their review. Analysts analyze/review all key aspects of assigned insurance companies, including but not limited to financial statements, actuarial opinions, audited financial reports, intercompany transactions, enterprise risk management, and corporate governance. The Analyst leverages information obtained from review of statutorily required filings, company meetings, ongoing field examination updates and findings, as well as public filings and news sources as they collaborate with an assigned reviewer (who provides both written and verbal feedback/guidance) to document their understanding of an insurer using a risk- focused analysis process. Analysts attend and participate in continuing education opportunities to keep abreast of trends in the insurance market and changes in regulatory requirements. Travel for the position is generally training-related, with overall travel for the position at less than 5%. Successful candidates will demonstrate: • A strong foundation in accounting or finance • Attention to detail • Strong written and verbal communication • A willingness to receive and incorporate constructive feedback • An ability to meet critical timeframes • Critical thinking skills: decision making supported by measuring, calculating, reasoning, analyzing, prioritizing and synthesizing data • Effective, respectful working relationships with colleagues and regulated entities • Detailed, accurate and professional documentation, including formal notes and memorandums • Proficiency in the use of personal computers, peripheral equipment and various software packages, including the Microsoft Office Suite The Iowa Insurance Division offers a strong team culture and a respect for work-life balance. We have a competitive total compensation package for all our full-time employees, including: • Iowa Public Employees Retirement System (IPERS) • Retirement Investors Club (RIC) • Health, Dental and Vision Insurance • Vacation and Sick Leave • Paid Holidays (9 days/year) • Hybrid Telework opportunities Minimum Qualification Requirements Applicants must meet at least one of the following minimum requirements to qualify for positions in this job classification: + Graduation from an accredited four-year college or university with a degree in insurance, accounting, actuarial science, risk management, finance, or business. + A total of four years of education and/or full-time experience, where thirty semester hours of accredited college or university course work in insurance, accounting, actuarial science, risk management, finance, or business equals one year of full-time experience in insurance industry examination, financial analysis, quality assurance, enterprise risk management, or corporate governance. For additional information, please click on this Additional Qualification Requirements Travel, including overnight, out-of-state, and international travel, may be required for positions in this class. Employees must arrange transportation to and from assigned work areas. Why Choose the State of Iowa? At the heart of our commitment to excellence is a dedication to our most valuable asset – our employees. Discover the outstanding benefits that set us apart as an employer of choice. Our Robust Benefits Package Includes: Competitive Compensation: Enjoy a competitive salary that reflects directly on your skills and expertise. Keep in mind, your wage is just one part of your total compensation. Unlock the complete value of your employment with the State of Iowa by using our user-friendlyTotal Compensation Calculator (https://das.iowa.gov/media/3773/download?inline) .Gain insights into your comprehensive annual compensation, including salary and State-provided benefits. Health and Wellness: Prioritize your well-being with our comprehensive health plans, including medical, dental, and vision coverage. Enjoy the peace of mind knowing that the State of Iowa covers 90% of the premiums, providing you and your loved ones with excellent coverage at a remarkably low cost. Retirement Planning: We are proud to offer the Iowa Public Employees Retirement System (IPERS). A defined benefit plan, IPERS benefits are guaranteed for life, meaning once you retire, you will receive the same monthly benefit for the remainder of your life (once vested). We invest in your long-term financial well-being, so you can retire with peace of mind.Click here to learn more about IPERS (https://ipers.org/members) . Paid Time Off: Life is unpredictable, and at the State of Iowa, we understand the importance of work-life balance. Our leave policies, including paid holidays, vacation, and sick leave with unlimited accrual, ensure you have the flexibility you need for personal and family matters. Professional Development: Elevate your career with continuous learning opportunities. We support your growth through training programs, workshops, and tuition reimbursement. Employee Assistance Program (EAP): We care about your well-being beyond the workplace. Access confidential counseling, resources, and support through our Employee Assistance Program. Diversity and Inclusion: Be part of a diverse and inclusive workplace that embraces all backgrounds and perspectives. We believe diversity is a strength that drives innovation. Join Us - Elevate Your Career: Ready to elevate your career with the State of Iowa?Click here (https://iowa.attract.neogov.com/recruitment/p/benefits) to explore more about our unparalleled benefits and discover what makes us unique. Your success is our priority! Agency State of Iowa Agency 216 Department of Insurance & Financial Services - Insurance Address 1963 Bell Ave STE 100 Des Moines, Iowa, 50319 Website https://iid.iowa.gov/ Apply Please verify your email addressVerify Email
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