What are the responsibilities and job description for the Supervising Financial Examiner position at State of South Carolina?
The mission of the State of South Carolina Department of Insurance is to protect the insurance consumers, the public interest, and the insurance marketplace by ensuring the solvency of insurers; by enforcing and implementing the insurance laws of the State; and by regulating the insurance industry in an efficient, courteous, responsive, fair, and equitable manner. For more information about working at the SC Department of Insurance, please visit Department of Insurance, SC - Official Website | Official Website
This position is located in the Office of Financial Regulation and Solvency/Examinations.
The Audits Manager I is under the direction of the Chief Financial Examiner, oversees a staff of financial examiners to determine compliance by domestic insurers, both Traditional and Captive and HMO’s with South Carolina insurance statutes and regulations and the National Association of Insurance Commissioners (NAIC) Examiners Handbook and Accounting Guidance.
Utilizing NAIC guidance, plans, supervises, and performs examinations of companies licensed by this Department in accordance with established Department procedures and NAIC guidelines to determine compliance with statutory requirements. Interprets State laws/regulations/NAIC guidelines. Provides detailed written examination work plans in a timely manner and ensures detailed and accurate work paper documentation. Signs off on examination workpapers of subordinate examiners and other EIC's as directed.
Provides professional and technical advice to top agency management relative to the examinations based upon findings. Confers with Company representatives and Department representatives regarding audit results. Develops recommendations for regulatory action.
At least 18 hours accounting required.
Prior auditing experience required.
Prior experience supervising teams of examiners or auditors.
Certified Financial Examiner (CFE) required within timeframe established by the Department
Educational Credentials:
Applicants indicating college credit or degree(s) on the application will be required to submit a sealed, certified copy of the transcript(s) prior to beginning employment. Failure to produce an official, certified transcript will result in any conditional offer of employment being rescinded.
Equal Opportunity Employer:
It is the policy of the South Carolina Department of Insurance to provide equal employment opportunities to all job applicants and employees without regard to their race, color, religion, national origin, sex (including, but not limited to, pregnancy, childbirth or related medical conditions and lactation), disability or age.
Veteran Preference Statement:
South Carolina is making our Veterans a priority for employment in state agencies and institutions.
The Department of Insurance offers an exceptional benefits package for FTE positions that includes:
- Health, Dental, Vision, Long Term Disability, and Life Insurance for Employee, Spouse, and Children
- 15 days annual (vacation) leave per year
- 15 days sick leave per year
- 13 paid holidays
- State Retirement Plan (pension plan option) and Deferred Compensation Programs
- Employee Assistance Program
- Free counseling sessions for employees and household members
- Free legal counseling
- Free financial counseling
- Flexible Work Schedules
- Compressed work weeks
- Part-time telecommuting
- Flex-time
- Contingent upon completing required probationary period
- Free Gym Access
- Growth Opportunities
- Certifications/designation program allowing for salary increases and bonuses
- Infants at Work Program
- Employees eligible to bring their newborn/infant to the workplace
- Free Parking
Salary : $82,000 - $92,000
