Job Title:  CHIEF INSURANCE EXAMINER

Position Description

This is a Chief Insurance Examiner position located in Carson City, NV. The incumbent will oversee the Corporate and Financial unit of The Division of Insurance. This includes supporting and training financial team in risk focused surveillance processes to identify potential risks in insurance companies’ operations and financial oversight.  All surveillance methods must follow C&F policies including the requirements under the NAIC Financial Examiners handbook.  This includes ensuring the team is trained and properly using examination and on-going analysis tools. Duties also include updating training materials to include any new statutory or regulatory changes to risk focused surveillance.  The Chief is also responsible for coordinating examinations with other states or territories if required and to draft statutes and regulations if necessary to keep the state requirements in line with the changing risk focused surveillance oversight opportunities. 

Incumbents function as managers who train, supervise and evaluate the performance of subordinate supervisors; develop policies and procedures; and allocate staff and resources to accomplish goals and objectives.

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

Minimum Qualifications

• Bachelor's degree from an accredited college or university in accounting, business administration, finance or related field, and four years of supervisory and/or management level experience which involved 1) the audit or examination of insurance companies and their operations; 2) the examination and/or analysis of insurance companies' products and programs that required the application of statutes, regulations and rules to determine the solvency and tax structure of insurance companies; or 3) determination of the appropriateness and soundness of insurance companies' products and programs; OR two years of experience as an Insurance Examiner II or Insurance Actuarial Analyst II in Nevada State service; OR an equivalent combination of education and experience as described above.

• This position requires certification as a Certified Financial Examiner (CFE), Associate Financial Examiner (AFE), or Certified Public Accountant (CPA) at the time of appointment and as a condition of continuing employment.

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• Experience working with reviews of annual statements, quarterly financial statements, actuarial opinions, CPA audit reports, risk-based capital reports, management discussion & analysis (MDA) holding company filings and risk bearing instruments commonly used by the insurance industry is required. 

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.