Description
The Commonwealth of Kentucky, Public Protection Cabinet/Department of Insurance, is seeking a contractor to perform the services of a Financial Examiner/Analyst. The contractor will participate in or conduct the financial analysis of insurers as required under the Kentucky Revised Statutes and by the National Association of Insurance Commissioners’ (NAIC) Accreditation Program. The contractor will be responsible for reviewing analyses and/or examination work papers and reports, overseeing appropriate procedures and adherence to statutory and/or general accounting principles, facilitating resolutions of difficult analyses and/or examination issues, and ensuring compliance with all NAIC, statutory and/or department guidelines.
Key responsibilities include:
• Reviewing and analyzing financial statements and reports of insurers
• Conducting examinations of insurers to ensure compliance with laws and regulations
• Providing technical expertise and guidance to the Department of Insurance
• Developing and presenting findings and recommendations to the Department of Insurance
• Testifying in administrative hearings or other legal proceedings as required