Financial Analysis Manager (Insurance Financial Oversight)

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:

Financial Analysis Manager (Insurance Financial Oversight) Job Requisition ID:

JR0000000523 Number of Openings:

1 Shift:

Day (United States of America) Compensation Details:

$85,000.00 - $100,000.00

Job Description:

Under direct supervision, the Financial Analysis Manager oversees the day-to-day assignments of the Financial Analysts and contract staff within the Insurance Financial Oversight department. This position reports to the Assistant Director of Financial Oversight.

Coordinate review changes relating to risk-bearing entities while maintaining the consistent application of the uniform prioritization system.

Approve recommendations for prioritization changes of insurance and insurance-related entities while working with examination staff to develop an ongoing supervisory plan and updates to analysis work product.

Assist leadership in ensuring that licensed insurance and insurance-related companies maintain regulatory compliance with related laws and regulations.

Ensure staff and contractors obtain, review, and analyze annual and quarterly insurer financial statements and all related supplemental regulatory filings.

Ensure staff and contractors obtain, review, and analyze information and results presented in NAIC tools.

Ensure staff and contractors obtain, review, and analyze information from other sources relevant to the current and prospective financial solvency of insurers and/or groups.

Correspond with department staff and other state, federal, or international regulators to investigate and take action when necessary.

Utilize analysis performed to confirm conclusions on the insurer’s priority level are based on supporting rationale.

Ensure coordination of staff and contractor work performed with other regulatory functions and state.

Facilitate the distribution and presentation of results of analysis to others while coordinating personnel.

Research complex issues including Georgia law, Georgia regulations, accounting standards.

Oversee investigations and determinations of licensed entities are following state laws, rules, regulations and NAIC standards and guidelines.

Aid in refining the department and maintenance of company record files as well as IT related initiatives.

Perform other duties as assigned.

Minimum Qualifications:

Bachelor's degree from an accredited college or university AND One year of supervisory experience in the area of assignment OR One year of experience required at the lower level Financial Examiner Spv (RCP113) 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.