Job Description

Requisition No: 837282 

Agency: Office of Insurance Regulation

Working Title: INSURANCE ANALYST IV - 43001392

 Pay Plan: Career Service

Position Number: 43001392 

Salary: 60,000.00 

Posting Closing Date: 09/25/2024 

Total Compensation Estimator 

*****OPEN COMPETITIVE EMPLOYMENT OPPORTUNITY *****

DIVISION: OFFICE OF INSURANCE REGULATION
BUREAU: PROPERTY & CASUALTY MARKET REGULATION

CITY: TALLAHASSEE 

COUNTY: LEON

Duties and Responsibilities (Incumbent of position is a member of DFS’ Disaster Response Team and, in that capacity, may be required on short notice to perform duties and necessary attendant travel in support of disaster relief efforts.)

The Florida Office of Insurance Regulation (OIR) strives to promote a stable and competitive insurance market for consumers. With a workforce of approximately 250 staff members, OIR regulates one of the largest, most complex insurance markets in the world.

OIR offers a range of challenging and rewarding opportunities for individuals looking to grow in their career and offers a wide variety of top insurance industry-related courses and professional certifications to ensure that its staff has the industry knowledge needed to succeed. OIR employees also have access to the State of Florida’s tuition waiver program, which offers educational assistance to all full-time, salaried employees.

As a State Agency, OIR offers excellent benefits such as health insurance, dental insurance, vision insurance, retirement plans, flexible spending accounts, health savings accounts, and much more. OIR also offers annual and sick leave, a generous holiday schedule, and flexible work schedules.

Click the links below to see the many benefits and retirement options you have as a State of Florida employee.

This is a highly responsible professional position with both technical and administrative responsibilities. The incumbent provides project management for multiple investigation or examination projects that support the Agency’s strategic plan, legislative requirements, and technology needs. The incumbent is responsible for planning and organizing projects to achieve outcomes aligned with the agency’s goals. The incumbent will conduct research, provide insurance analysis, and guidance to support project staff and ensure project teams which may include contractors, follow agency procedures and documentation standards.

• Manage multiple insurance regulatory related projects that support the Agency’s business needs by conducting advance technical research and market analysis relating to the insurance industry.
• Conduct market and data analysis on industry conduct and structure to assist the Agency with exams and investigations. Act as a resource for NOI and other reviews.
• Provide advanced research and analysis, or guide assigned insurance analysts, for assigned projects. This includes but is not limited to in-depth investigations and review of policy forms, rates, contracts, endorsements, claims forms and handling practices, underwriting practices, advertising, premium refunds, record management and other insurance related business practices.
• Conduct reviews, monitoring, and statutory examinations of certain industry related companies to support Agency oversight and implementation of Florida Insurance Codes. Manage the project scope and implementation activities to deliver reports on time and within budget. Ensure that the review team implements Florida Insurance Code standards and deliver high quality analysis. Identifies and manages technical and non-technical issues and risks that could impact the project. Uses problem solving skills to remove obstacles, resolve conflicts, and mitigate risks when possible and escalates to management when appropriate.
• Responsible for record management of electronic files related to the examination or investigation.
• Responsible for the examination plan and management of contractors to ensure high quality review analysis and implementation of Florida Insurance Code. Design and develop examination plans for Agency oversight and assist with contractor procurement.
• Conduct informal conferences with insurance companies on business practices, validate findings of statutory examinations, and recommend agency action. Report and communicate examination status with project team members, stakeholders, and Agency management.
• Collaborate with legal counsel to articulate the conceptual, logical, and technical aspects of the examination or investigation report.
• Act as a market conduct manager upon earning IRES designation. Responsible for facilitating the examination between the contractor and insurer, managing project scope and budget, reviewing invoices, monitoring exam and escalating exam issues to management.
• Manage and train on examination procedures and techniques.
• Perform other duties as required.

Minimum Qualifications for this position include the following REQUIRED ENTRY LEVEL KNOWLEDGE, SKILLS, AND ABILITIES:

• Knowledge of basic principles of property and casualty insurance and risk management, general insurance practices of property and casualty insurers, or general legal practices in a regulatory environment;
• Knowledge of investigative techniques and practices;
• Knowledge of methods of compiling, organizing and analyzing data;
• Skills in using internet and world wide web for research purposes;
• Ability to use Microsoft Office programs with proficiency in Excel and Word;
• Ability to communicate effectively verbally and in writing;
• Ability to prepare detailed/specialized written reports;
• Ability to plan, organize and coordinate multiple work activities;
• Ability to establish and maintain effective working relationships with others
• Ability to train employees;
• Ability to understand, interpret and apply laws, rules, regulations, policies and procedures

Special Notes:

Preference will be given to applicants with knowledge of basic principles of property and casualty insurance and risk management, general insurance practices of property and casualty insurers, or general legal practices in a regulatory environment.

Qualified applicants will be required to take a work sample.

The annual salary for this position is $60,000.

Employees of the Office of Insurance Regulation are paid on a monthly pay cycle. 

This is a non-remote on-site position located in Tallahassee, FL.

This position requires a security background check, including fingerprints, as a condition of employment. 

Responses to qualifying questions must be clearly supported by the state application and any omission, falsification, or misrepresentation in the answering of the qualifying questions will be cause for immediate elimination from the selection process.

If you are a retiree of the Florida Retirement System (FRS), please check with the FRS on how your current benefits will be affected if you are re-employed with the State of Florida. Your current retirement benefits may be canceled, suspended, or deemed ineligible depending upon the date of your retirement.

The state of Florida is an Equal Opportunity Employer/Affirmative Action Employer and does not tolerate discrimination or violence in the workplace. 

Candidates requiring a reasonable accommodation, as defined by the Americans with Disabilities Act, must notify the agency hiring authority and/or People First Service Center (1-866-663-4735). Notification to the hiring authority must be made in advance to allow sufficient time to provide the accommodation. 

The State of Florida supports a Drug-Free workplace. All employees are subject to reasonable suspicion drug testing in accordance with Section 112.0455, F.S., Drug-Free Workplace Act. 

VETERANS' PREFERENCE . Pursuant to Chapter 295, Florida Statutes, candidates eligible for Veterans' Preference will receive preference in employment for Career Service vacancies and are encouraged to apply. Certain service members may be eligible to receive waivers for postsecondary educational requirements. Candidates claiming Veterans' Preference must attach supporting documentation with each submission that includes character of service (for example, DD Form 214 Member Copy #4) along with any other documentation as required by Rule 55A-7, Florida Administrative Code. Veterans' Preference documentation requirements are available by clicking here. All documentation is due by the close of the vacancy announcement. 

The State of Florida is an Equal Opportunity Employer/Affirmative Action Employer, and does not tolerate discrimination or violence in the workplace.

Candidates requiring a reasonable accommodation, as defined by the Americans with Disabilities Act, must notify the agency hiring authority and/or People First Service Center (1-866-663-4735). Notification to the hiring authority must be made in advance to allow sufficient time to provide the accommodation.

The State of Florida supports a Drug-Free workplace. All employees are subject to reasonable suspicion drug testing in accordance with Section 112.0455, F.S., Drug-Free Workplace Act.

VETERANS’ PREFERENCE. Pursuant to Chapter 295, Florida Statutes, candidates eligible for Veterans’ Preference will receive preference in employment for Career Service vacancies and are encouraged to apply. Certain service members may be eligible to receive waivers for postsecondary educational requirements. Candidates claiming Veterans’ Preference must attach supporting documentation with each submission that includes character of service (for example, DD Form 214 Member Copy #4) along with any other documentation as required by Rule 55A-7, Florida Administrative Code. Veterans’ Preference documentation requirements are available by clicking here . All documentation is due by the close of the vacancy announcement. 

Job Tags

Similar Jobs