Job Title:  ASSISTANT CHIEF INSURANCE EXAMINER

Position Description

This is an Assistant Chief Insurance Examiner position with the B&I Division of Insurance, Corporate & Financial Affairs section (C&F) in the Carson City office. C&F is responsible for the following as pertain to insurers: Company licensing, financial statement analysis, holding company analysis, collateral management, financial examinations, receivership processes, strategic planning, new product/program implementation, and maintenance of corporate records.  The incumbent will report to the Chief Insurance Examiner who is responsible for all activities of the section.  The incumbent will be primarily responsible for establishing and updating policies and procedures for the examination team, exam budgeting and billing, and supervising the review of examination workpapers for all domestic insurers and other insurance related entities in accordance with Nevada statute and regulation, C&F policies and procedures, the National Association of Insurance Commissioners (NAIC) risk-focused financial condition examiners handbook, and accreditation standards. The incumbent will be responsible for supervising contract examinations staff.

Insurance Examiners perform professional work in verification and analysis of the financial condition/solvency and market conduct examination of providers of insurance and related products in the State.

To see full Class Specifications visit: http://hr.nv.gov/Resources/ClassSpecs/Class_Specifications-11_0//

Minimum Qualifications

• Certification as a Certified Financial Examiner (CFE) issued by the Society of Financial Examiners and one year of experience supervising financial and market conduct examinations.

The Examination

Application Evaluation Exam

• The exam will consist of an application and resume evaluation. It is essential that applications/resumes include detailed information with time frames regarding education and experience. The most qualified applicants will be contacted by the hiring agency for interview. The hiring agency may require specific skills related testing as part of the interviewing process.

Informational Notes

• Current designation as a Senior Professional Insurance Regulator (SPIR) issued by NAIC is equivalent to five years of professional experience. This credential must be attached to the application to receive the credit for experience.
• Current certification/designation/licensure as a Certified Financial Examiner (CFE) issued by the SOFE; Certified Insurance Examiner (CIE) issued by IRES; Chartered Life Underwriter issued by ACFS; or Certified Public Accountant (CPA) are equivalent to three years of professional experience. The credential must be attached to the application to receive the credit for experience.
• Current certification/designation/licensure as an Accredited Insurance Examiner (AIE) issued by IRES; Certified Insurance Counselor (CIC) issued by the National Alliance for Insurance Education & Research; or Accredited Financial Examiner (AFE) issued by SOFE are equivalent to two years of professional experience. The credential must be attached to the application to receive the credit for experience.

Special Requirements