Assistant Director (Insurance Financial Oversight)

State of Georgia

$100K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree in a related field OR Bachelor's degree plus additional management experience.
  • Minimum of two years management experience in a related area for Master's degree holders.
  • Three years management experience in a related area for Bachelor's degree holders.
  • Seven years relevant experience, with three years in a management role, for those without a degree.
  • Experience at the Manager 2 level or equivalent is required.

Responsibilities

  • Supervise staff and contractors in risk-focused financial surveillance.
  • Support leadership in overseeing financial monitoring analysts.
  • Review financial analysis results and risk assessments from staff.
  • Develop monitoring plans for regulated insurance organizations.
  • Analyze insurer financial statements and regulatory reports.
  • Assess financial performance trends and solvency indicators.
  • Communicate financial oversight matters to stakeholders.

Benefits

  • Opportunities for professional development and career growth.
  • Working with a team focused on financial oversight.
  • Engaging with a diverse range of regulatory activities.
  • Contributing to the stability of the insurance sector.
  • Participating in high-level financial monitoring and analysis.
Full Job Description
Job Title:
Assistant Director (Insurance Financial Oversight)
Job Requisition ID:

Number of Openings:
1
Shift:
Day (United States of America)
Compensation Details:
$100,000.00

Job Description:

Under direction of the Insurance Financial Oversight (IFO) Director, the Assistant Director assists in the supervision of IFO Division staff and contractors performing risk-focused financial surveillance of Georgia domestic.

Support leadership in supervising analysts responsible for financial monitoring of insurance entities.

Review financial analysis results and risk assessments prepared by staff and contractors.

Ensure consistent financial analysis practices and documentation standards.

Assist with development of monitoring plans for regulated insurance organizations.

Review insurer financial statements, quarterly filings, and supplemental regulatory reports.

Analyze financial performance trends, solvency indicators, and risk-based capital reporting.

Monitor financial risks affecting insurers and insurance groups.

Evaluate information from regulatory filings, rating agencies, public disclosures, and industry reports.

Ensure analysis procedures align with the size, complexity, and risk profile of regulated entities.

Communicate with internal teams and external stakeholders regarding financial oversight matters.

Assist in evaluating compliance concerns and regulatory responses.

Support coordination of oversight activities across regulatory teams.

Perform other duties as assigned.

Minimum Qualifications:
Master's degree in a related field from an accredited college or university AND Two years of management experience in the area of assignment OR Bachelor's degree in a related field from an accredited college or university AND Three years management experience in the area of assignment OR Seven years of experience in the area of assignment, Three years of which in a management role OR One year of experience required at the lower level Mgr 2, Regulatory Compliance (RCM051) or position equivalent.

Similar Jobs

More Jobs at State of Georgia

More Finance & Insurance Jobs

Find similar Assistant Director (Insurance Financial Oversight) jobs: