Property & Casualty Financial Analyst
The Florida Office of Insurance Regulation (OIR) Strives to promote a stable and competitive insurance market for consumers. With a workforce of approximately 250 staff members, OIR regulates one of the largest, most complex insurance markets in the world.
OIR offers a range of challenging and rewarding opportunities for individuals looking to grow in their career and offers a wide variety of top insurance – related courses and professional certifications to ensure that its staff has the industry knowledge needed to succeed. OIR employees also have access to the State of Florida’s tuition waiver program, which offers educational assistance to full-time, salaried employees.
As a State Agency, OIR offers excellent benefits such as health insurance, dental insurance, vision insurance, retirement plans, flexible spending accounts, health savings accounts, and much more. OIR also offers annual and sick leave, a generous holiday schedule, and flexible work schedules.
Visit the links below to see the many benefits and retirement options you have as a State of Florida employee.
https://www.mybenefits.myflorida.com/
https://myfrs.com/ContactUs.htm
Financial Examiner/Analyst
This position is in the Property & Casualty Financial Oversight business unit. The Property & Casualty Financial Oversight unit is responsible for reviewing the financial statements and records of property and casualty insurance companies and other regulated entities to ensure that they are financially sound and able to support the payment of claims while complying with the applicable laws, rules, and regulations of Florida.
The work you will do:
The Financial Examiner/Analyst performs in-depth financial and operational analyses of small to mid-sized holding company groups and single-state companies with an emphasis on Florida Domestic companies assigned. As a Financial Examiner/Analyst at OIR, you will:
- Analyze all schedules and exhibits of insurer annual and quarterly financial statements and evaluate reinsurance aspects.
- Evaluate and recommend solutions or courses of action to management for assigned companies that are determined to be non-compliant with financial requirements defined in Florida Statutes.
- Correspond with company executives, department staff, and other regulators to investigate issues identified, and evaluate whether additional regulatory actions are warranted.
- Organize, prepare, and write reports based on financial analysis and interpretation of data.
- Analyze management and control of companies.
This position requires:
A Bachelor’s degree or higher from an accredited college or university in accounting, finance, economics, business management, risk management and insurance or actuarial science is required. Successful completion of background screening will be required for this position.
The State of Florida is an Equal Opportunity Employer/Affirmative Action Employer and does not tolerate discrimination or violence in the workplace.
Candidates requiring a reasonable accommodation, as defined by the Americans with Disabilities Act, must notify the agency hiring authority and/or People First Service Center (1-866-663-4735). Notification to the hiring authority must be made in advance to allow sufficient time to provide the accommodation.
The State of Florida supports a Drug-Free workplace. All employees are subject to reasonable suspicion drug testing in accordance with Section 112.0455, F.S., Drug-Free Workplace Act.
VETERANS’ PREFERENCE. Pursuant to Chapter 295, Florida Statutes, candidates eligible for Veterans’ Preference will receive preference in employment for Career Service vacancies and are encouraged to apply. Certain service members may be eligible to receive waivers for postsecondary educational requirements. Candidates claiming Veterans’ Preference must attach supporting documentation with each submission that includes character of service (for example, DD Form 214 Member Copy #4) along with any other documentation as required by Rule 55A-7, Florida Administrative Code. Veterans’ Preference documentation requirements are available by clicking here. All documentation is due by the close of the vacancy announcement.