Position Summary Reserve Specialist: This is an advanced professional position primarily responsible for evaluating, developing, and recommending program policy and procedure relating to the analysis of reserves and the assets supporting them on field examinations and during in-office analysis and effectively implementing revisions to such procedures as directed by division management. The position requires having advanced knowledge of life, health, property, and casualty policy and claim reserves as well as the actuarial methodologies used in evaluating the liabilities established for these reserves and the adequacy of assets dedicated to their maturation. The position trains staff on reserve analysis and directs and reviews work performed by lower-level staff in these areas. The position may directly perform reserve analysis where more complex reserves or a high-risk company is involved. The position would coordinate with the National Association of Insurance Commissioners (NAIC), consulting actuaries, and other external parties regarding these areas of review and would provide expertise to other members of the division as needed.
For more information, please view the Insurance Financial Examiner-Principle (Reserve Specialist) complete position description.
Non-Domestic and Analytics Specialist: This is an advanced professional position primarily responsible for developing, recommending and implementing program policies and procedures regarding the financial regulation of financially troubled non-domestic insurers, communicating with and coordinating possible actions regarding financially troubled insurers with the states of domicile, and assisting in the review and analysis of relevant work performed by lower-level staff.
The position requires advanced level of knowledge of financial analysis and examinations systems and software utilized by financial examiners in the evaluation of an insurer's financial condition, including specific analysis and examination software. The position requires the ability to assess the division's information systems needs in order to achieve its mission and strategic goals.
The position also requires an advanced level of knowledge of life, health, and property and casualty treaty and facultative reinsurance contracts, the ability to evaluate the adequacy of an insurer's overall reinsurance program (including proportional, excess, per-risk, aggregate, and catastrophic coverages) in relation to its financial position and the amount and type of business it does, and the ability to examine specific reinsurance contracts and transactions for compliance with risk-transfer requirements, Wisconsin Statues and administrative rules, and statutory accounting requirements as well as evaluate the current and potential future financial impact upon an insurer of such contracts or transactions.
Finally, the position trains staff and directs and review work performed by lower-level examiners in these areas. The position may directly review these areas where more complex issues or a high-risk company is involved. The position coordinates with the NAIC and other states regarding these areas of review, where appropriate.
For more information, please view the Insurance Financial Examiner-Principle (Non-Domestic and Analytics Specialist) complete position description.
Salary InformationStarting salary for the Insurance Financial Examiner- Principle will be between
$47.50 - $52.00 per hour, plus excellent benefits . In addition, up to a $1.00 per hour CPA, $3.00 per hour AFE, and $5.00 per hour CFE add-on is available for this classification. This classification is assigned to pay schedule/range 07-02. A 12-month probationary period may be required. Pay for current state employees will be set in accordance with the Wisconsin State Compensation Plan.
Job DetailsDue to the nature of the position, OCI will conduct background checks on applicants prior to selection.
OCI does not sponsor visas and is not an eligible OPT employer for those with F1 visas. All persons hired will be required to verify identity and eligibility to work in the United States, and to complete the required employment eligibility form.
This position has potential for a combination of telecommuting and in-person work after an initial training period has been completed. Some travel may be necessary, including out of state travel.
QualificationsIt is critically important that your application materials clearly describe your experience related to the stated job qualifications.
Minimally Qualified candidates will meet all the following: - A bachelor's degree in accounting, finance, insurance, risk management, economics, or business
- Be Certified Financial Examiner with the Society of Financial Examiner
- Previous team lead experience
A well-qualified candidate will have the following: - Certified Public Accountant (CPA)
How To ApplyApply online! To apply, click "Apply for Job" to start the application process. Then, you will access your existing account or to create a new account if you don't have an account. Once you are logged in, click "Apply for Job." Follow the steps outlined in the application process and submit your application. Please visit the Frequently Asked Questions section for general wisc.jobs user information and technical assistance.
Your letter of qualifications and resume are very important parts of your application and are used during our evaluation process to determine your qualifications as they relate to the job. Please review instructions on developing your resume and letter of qualifications . Your cover letter is limited to a maximum of two (2) typed pages, single-spaced, no smaller than 10-point font, with 1-inch margins. Resumes should be limited to no more than two (2) pages (no format requirements). Pages more than the specified limits may not be evaluated. References are not necessary at this stage of the process.
Submitted materials will be evaluated and the most qualified applicants will be invited to participate in the next step of the hiring process for available vacancies.
Permanent classified state employees who are eligible for consideration (transfer or voluntary demotion) should complete the application process as described above by the stated deadline.
Questions can be directed to Pilar Blomquist at pilare.blomquist@wisconsin.gov or 715-831-3220.
Deadline to ApplyApplicant materials are due by 11:59 pm Monday, November 23, 2026.
