Insurance Company Examiner Manager

Agency

Dept of Insurance

Division

Company Services Group

Job Classification Title

Insurance Company Examiner Manager (NS)

Position Number

60013371

Grade

NC23

About Us

The mission of the North Carolina Department of Insurance is to promote a stable insurance market through unbiased regulation and to protect the lives and property of every citizen in all 100 counties while fostering superior, user-friendly service, courtesy, and respect. Our agency licenses insurance agents, adjusters, bail bondsmen and more, along with investigating fraud matters involving insurance consumers and any entity or individual regulated by the Department. In an ever-changing environment, it is the vision of the Department of Insurance to maintain the stabilization of the insurance industry in order to provide more products, competitive prices and consumer protection.

Description of Work

Salary Recruitment Range: $81,620 – $95,000
Salary Grade: NC23
The posting will close at 11:59 p.m. the night before the closing date.
This position currently qualifies for a hybrid telework option with routine office and up to one remote workday per week. The NC Department of Insurance trusts our employees to be self-motivated and successful in hybrid/remote roles. Telework options are subject to change at the discretion of management.
Job Description Summary:
This is a key position in the Financial Analysis Division (“FAD”). This employee will assist the Chief Financial Analyst in managing and directing the operations of FAD, with emphasis on the regulation of North Carolina domestic and foreign insurers. This employee has a key role in developing and implementing the procedures and systems utilized by FAD to enforce the insurance laws of North Carolina. This employee supervises a team consisting of analysts and senior analysts.  This employee also performs supervisory duties for FAD as delegated by and in the absence of the Chief Financial Analyst.
This employee will have the opportunity to interact with people at all levels within the insurance companies as well as within the Department of Insurance.  The work is guided by State laws and regulations, Departmental policies and procedures, and guidance provided by the National Association of Insurance Commissioners.

Knowledge Skills and Abilities/Management Preferences

Effective July 1, 2025, candidates now meet the minimum qualifications of a position if they have the minimum education and experience listed from the class specification. The knowledge, skills, and abilities listed in the vacancy announcement should be used as management preferences and be used to screen for the most qualified pool of applicants.

Management Preferences:

• Advanced knowledge of the insurance industry; generally accepted accounting principles; statutory accounting principles; financial analysis procedures and guidelines; and State laws and regulations.
• Ability to read, interpret, and apply laws and regulations to properly assess a regulated entity's compliance with such laws and regulations.
• Ability to directly evaluate, supervise, and make regulatory oversight decisions for complex transactions.
• Ability to plan, organize, and direct various functions and persons, ensuring timely evaluation of the financial condition and various requests of regulated entities and other stakeholders.
• Excellent decision-making skills, including the ability to be decisive in formulating and executing those skills, and excellent communication skills, both verbal and written.

Other Management Preferences:

• Certified Public Accountant or Certified Financial Examiner.
• Prior supervisory experience.

Minimum Education and Experience

Some state job postings say you can qualify by an “equivalent combination of education and experience.” If that language appears below, then you may qualify through EITHER years of education OR years of directly related experience, OR a combination of both. See the Education and Experience Equivalency Guide for details.

Bachelor's degree from an appropriately accredited college or university, with the appropriate courses in accounting as defined in 21 NCAC 8A.0309 and other courses required to qualify as a candidate for the uniform certified public accountant examination, based on the examination requirements in effect at the time of graduation and four years of experience in auditing insurance company operations or closely related accounting or auditing work; or, an equivalent combination of training and experience.

Job Description

Assist the Chief Financial Analyst in managing and directing the operations of FAD, which has the responsibility for monitoring and regulating the operations and financial condition of all authorized insurers, groups that self-insure for workers’ compensation, accredited/authorized/certified/reciprocal jurisdiction reinsurers, reinsurance intermediaries, surplus lines insurers, and other regulated entities for compliance with the solvency laws of North Carolina. The work includes developing plans to accomplish work operations and short- and long-term goals and objectives; identifying, developing, and implementing analysis processes and procedures; and direct supervision of an analyst team that reviews financial statements, mergers and acquisitions, actuarial reports, business plans and risks, operations and/or systems, for compliance with State laws and ongoing solvency. The Assistant Chief Financial Analyst provides recommendations on appropriate action to the Chief Financial Analyst, ensuring the protection of North Carolina insurance consumers. The work is extremely detailed, voluminous, and complex and requires a high degree of judgment based on financial and insurance expertise. The work requires considerable knowledge of the insurance industry, Generally Accepted Accounting Principles (GAAP), and Statements of Statutory Accounting Principles (SSAP) and is guided by North Carolina laws and regulations, Department policies and procedures, the NAIC, and other similar professional guidelines. The work involves considerable public contact, including with senior representatives of regulated entities, senior regulatory officials, other interested parties, and the NAIC. The Assistant Chief Financial Analyst assists with ensuring that the Department maintains accreditation with the NAIC Accreditation Program.

Benefits of NC State Employment:

We value our employees and offer a variety of competitive and family-friendly benefits. Benefits include:

• 12 Annual paid Holidays
• North Carolina State Health Plan administered by AETNA 
• Supplemental Benefits including Flexible Spending Accounts, Accident Insurance, Cancer & Specified Disease, Critical Illness, Dental and Vision
• NC State Retirement (TSERS)
• WeSave Employee Discounts

Learn more about employee perks/benefits:

• Why Work For NC?
• NC OSHR: Benefits

Supplemental and Contact Information:

For consideration for this vacancy, all applicants must complete an online application using the “APPLY” button above.
 

To receive credit for your work history and credentials, you must list the information on the State Application. Any information omitted from your application cannot be considered for qualifying credit.
***Applications with "see attached" or resumes in lieu of completed education and work experience on the formal application will be deemed incomplete and will not be eligible for consideration for the vacancy***

Applications for positions requiring specific coursework must be accompanied by a copy of the applicant's transcript. 

The Department of Insurance may conduct criminal history checks of all job applicants recommended for employment. Failure to accurately acknowledge information on criminal convictions on the state application form will be grounds for non-consideration of applications, disciplinary action, and possible criminal prosecution.
  
The Department of Insurance is an Equal Employment Opportunity employer and uses the merit-based recruitment and selection plan to fill positions subject to the State Personnel Act with the most qualified individuals.

• Academic Degrees must be from accredited institutions and will be verified. If you are selected for a position at DOI, your academic credentials will be verified.
• Applicants requesting and receiving an accommodation under the Americans with Disabilities Act (ADA) are eligible to submit paper applications via mail or by fax.
• Applicants seeking Veteran's Preference under N.C.G.S .126 must submit a DD Form 214, Certificate of Release or Discharge from Active Duty. This information may be attached to the online application or be faxed on or before the closing date.
• Applicants may check the status of their application for a vacancy at any time by logging in to the government jobs system. Once the applicant has logged in, the status of each submitted application is documented next to each vacancy for which they have applied.

EEO Statement

The State of North Carolina is an Equal Employment Opportunity Employer and dedicated to providing employees with a work environment free from all forms of unlawful employment discrimination, harassment, or retaliation. The state provides reasonable accommodation to employees and applicants with disabilities; known limitations related to pregnancy, childbirth, or related medical conditions; and for religious beliefs, observances, and practices.

Recruiter:

Carlie Grace Perry

Recruiter Email:

[email protected]