Insurance Regulatory Analyst Manager

Title: Insurance Regulatory Analyst Manager

Location: Wake United States

Job Description:

Agency Dept of Insurance

Division Administration

Job Classification Title Insurance Regulatory Analyst Manager (NS)

Position Number 60013345

Grade NC22

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

Recruitment Range: $73,096 - $90,457

Salary Grade: NC22

Knowledge Skills and Abilities/Management Preferences

Mission of the Department of Insurance:

The North Carolina Department of Insurance's mission 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.

North Carolina Department of Insurance offers rewarding careers in a number of different fields that helps us protect consumers and regulate the insurance industry in North Carolina. But that's not all that we do! NCDOI also investigates insurance fraud. We set standards for and inspect fire stations, regulate engineering codes and work with building inspectors in every corner of North Carolina.

If you're interested in a career that will help make North Carolina a safer and better place to live while working with some of the best professionals in the industry. Apply today!

For more information about NCDOI: http://www.ncdoi.gov/

This position currently qualifies for a hybrid telework option with routine office and remote workday. 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.

Benefits of NC State Employment:

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

Description of Work:

The primary responsibility of the Property and Casualty Division is to review the rate, rule, and policy form filings made by insurance companies, statutory bureaus (i.e. NC Rate Bureau), joint underwriting associations and statistical organizations. Other responsibilities include the licensing of statistical organizations and joint underwriting associations. Surplus lines companies are monitored for compliance with applicable statutes and to ensure that the appropriate premium taxes are collected. This division also collects filing fees for all rates and forms submitted for approval by licensed insurance companies, rating organizations, etc.

The Insurance Regulatory Analyst Manager supervises, trains and reviews the work of the Insurance Regulatory Analyst I and II and conducts statutory and regulatory reviews of the most complex rate, rule, and policy form filings submitted to the NCDOI by property and casualty insurance companies, rating bureaus, statistical organizations, and joint underwriting associations. This position also reviews the premium and loss statistics received from these entities. The Insurance Regulatory Analyst Manager is considered a product filing subject matter expert in both personal and commercial lines of insurance.

This position works under the general supervision of the Insurance Regulatory Analyst Director.

Supplemental Information:

For consideration for this vacancy, all applicants must complete an online application using the "APPLY" button above. If multiple applications are submitted to an individual posting, only the most recent application received prior to the posting close date will be evaluated for consideration. Applications for positions requiring specific coursework must be accompanied by a copy of the applicant's transcript.

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.

The Department of Insurance/Industrial Commission 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/Industrial Commission 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.

• 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*
• Academic Degrees must be from appropriately accredited institutions and will be verified. If you are selected for a position at DOI/IC, 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.

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.

Minimum Education and Experience:

Bachelor's degree in business or economics or a related program from an appropriately accredited institution and five years of experience in policy and rate examinations, underwriting, claims adjusting work, or financial/marketing analysis; or an equivalent combination of education and experience.

Management Preferences:

• Prior supervisory, regulatory and industry experience in underwriting, product development and/or marketing analysis.
• Possession of professional designation(s) appropriate to specialty area. (Ex: FLMI, CPCU, CIC, CIE, AIE, MHP, etc.).
• Strong personal lines experience.
• Experience in reviewing forms, rates, rules.

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.