Insurance Examination

Family Description


Jobs in this family protect State financial customers by ensuring financial strength, solvency, and regulatory compliance of financial services companies through financial or market conduct examination and analysis. Employees may also assess the effectiveness of insurance markets, and promote the affordability and availability of insurance products.

Jobs and Descriptions


Insurance Examiner I

This is an entry-level financial or market conduct examination and analysis position accountable for examining and evaluating insurance and financial services companies to verify solvency and ensure that operations are in compliance with state laws and regulations. At this level, employees participate in all phases of financial and market conduct examinations. Reviews items such as company control environment, enterprise risk management, corporate governance structures, claims practices, underwriting, sales and advertising, insurance rates, policy provisions, and complaints resolution at the local level.

Typically requires a Bachelor’s degree and 0-2 year of relevant experience.
OCCU: 9741
Pay Grade: MS11

 

Insurance Examiner II

This is the journey level of financial, insurance, or market examination and analysis series. At this level, employees are expected to demonstrate a level of expertise in carrying out the job duties identified in the previous level, as well as additional moderately complex examination and analysis tasks assigned with minimal supervisory input. Work is performed at the regional level.

Typically requires a Bachelor’s degree and 2-4 years of relevant experience and achievement of the AFE or AIE designations.
OCCU: 9742
Pay Grade: MS13

 

Insurance Examiner III

This is the mastery level of financial or market conduct examination and analysis position. At this level, employees are expected to demonstrate a level of mastery in carrying out job duties identified in the previous levels, as well as additional complex examination and analysis tasks assigned with minimal supervisory input. Work is performed at the national level.

Typically requires Bachelor’s degree and 4-6 years of relevant experience and achievement of the CFE or CIE designations.
OCCU: 9743
Pay Grade: MS16

 

Insurance Examination Team Lead

Supervisory level accountable for professional, administrative, and supervisory work directing teams in identifying, examining, and evaluating insurance and financial services companies to verify acceptable practices and ensure that operations are in compliance with state laws and regulations. Positions at this level oversee the analysis and examination activities of assigned units and supervise all levels of examiners. At this level, positions supervise staff members including hire recommendations, training, planning and assigning work, performance assessment, coaching, and progressive discipline. Supervision at this level also requires these positions to have the knowledge and skills to perform and review the work overseen.

Typically requires a Bachelor’s degree, 6 or more years of relevant experience, and certification(s) required by the agency. Certified Financial Examiner may be required by hiring agency.
OCCU: 9744
Pay Grade: MS18

 

Insurance Examination Supervisor

Senior-level supervisory position over financial and market regulation accountable for overseeing the financial or market conduct examination sections and directing, planning, and coordinating the analysis and examination activities of insurance companies to verify acceptable practices and ensure that operations are in compliance with state laws and regulations. This requires the coordination of multiple resources, and evaluation and summarization of findings to be presented to leadership for review. Positions at this level coordinate all efforts of the financial examination or market conduct section and supervise senior-level positions. Supervision includes hire recommendations, training, planning and assigning work, performance assessment, coaching, and progressive discipline. Supervision at this level also requires these positions to have the knowledge and skills to perform and review the work overseen.

Typically requires Bachelor’s degree, 8 or more years of relevant experience, and certification(s) required by the agency.
OCCU: 9745
Pay Grade: MS19

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Regulatory and Compliance Icon

General Pay Plan

General Pay Plan

Grade

Min

Market

Max

20

$101,626.42

$133,384.67

$166,730.84

19

$91,555.33

$120,166.37

$150,207.97

18

$82,482.28

$108,257.99

$135,322.49

17

$74,308.36

$97,529.72

$121,912.16

16

$66,944.47

$87,864.62

$109,830.77

15

$61,416.94

$80,609.74

$100,762.17

14

$56,345.82

$73,953.89

$92,442.36

13

$51,693.41

$67,847.61

$84,809.51

12

$47,425.15

$62,245.51

$77,806.89

11

$43,509.31

$57,105.97

$71,382.47

10

$40,286.40

$52,875.90

$66,094.88

9

$36,624.00

$48,069.00

$60,086.25

8

$33,600.00

$44,100.00

$55,125.00

7

$31,111.11

$40,833.33

$51,041.67

6

$28,542.30

$37,461.77

$46,827.22

5

$26,185.60

$34,368.60

$42,960.75

4

$24,023.49

$31,530.83

$39,413.53

3

$22,039.90

$28,927.36

$36,159.20

2

$20,220.09

$26,538.86

$33,173.58

1

$18,216.30

$23,908.89

$29,886.11