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Assistant Director (Insurance Financial Oversight)

Insurance Department of the State of Georgia

Atlanta, GA · HybridFull-time$100K/yrPosted 2mo agoStill listed 2w ago

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At a glance

Compensation
$100K/yr
Location
Atlanta, GAHybrid
Schedule
Full-time
Work Authorization
Not specified

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Requirements

Credentials this posting asks for.

Bachelor's degree

Job overview

Insurance Department of the State of Georgia is hiring an Assistant Director (Insurance Financial Oversight). The Assistant Director (Insurance Financial Oversight) supports the IFO Director in supervising staff and contractors who perform risk-focused financial surveillance of Georgia domestic insurance entities. This role involves reviewing financial analysis results, ensuring consistent practices, assisting with monitoring plan development, and analyzing financial performance trends and solvency indicators.

Key focus areas include Support leadership in supervising analysts responsible for financial monitoring of insurance entities, Review financial analysis results and risk assessments prepared by staff and contractors, and Ensure consistent financial analysis practices and documentation standards.

Successful candidates bring Master's Degree + 2 Years Management, Bachelor's Degree + 3 Years Management, and Seven Years Experience + 3 Years Management. Important skills include Supervision, Financial Analysis, Risk Assessment, Documentation Standards, Financial Monitoring, and Solvency Indicators Analysis.

Skills & qualifications

RequiredNice to have

Skills

SupervisionFinancial AnalysisRisk AssessmentDocumentation StandardsFinancial MonitoringSolvency Indicators AnalysisRisk-Based Capital Reporting AnalysisRegulatory Filings EvaluationRating Agencies Information EvaluationPublic Disclosures EvaluationIndustry Reports EvaluationCompliance Concerns EvaluationRegulatory Responses EvaluationOversight Activities Coordination

Qualifications

Master's Degree in Related Field or Bachelor's Degree in Related Field or Seven Years of Experience in Area of Assignment or One Year of Experience at Lower Level Mgr 2, Regulatory Compliance (RCM051) or EquivalentTwo Years of Management Experience in Area of AssignmentThree Years of Management Experience

Full job description

Explore a World of Opportunity with the State of Georgia!

We are the force that drives Georgia! Georgia State Government is a large enterprise, composed of various agencies and entities with a common goal to improve the lives of Georgia's more than 10 million citizens! Join Team Georgia and impact lives everyday while receiving a robust benefits package designed for every stage of your career!

Job Title:

Assistant Director (Insurance Financial Oversight) Job Requisition ID:

JR0000000528 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.

Equal Employment Opportunity Employer

The State of Georgia does not discriminate based on race, color, national origin, sex, religion, age, disability, or other protected categories in employment or the provision of services. Qualified applicants may request reasonable accommodation when needed during the application and/or screening process by contacting the appropriate agency Human Resources department.

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