Description
The Commonwealth of Kentucky is seeking a Deputy Chief Financial Examiner to perform financial examinations of insurers as required under the Kentucky Revised Statutes and by the National Association of Insurance Commissioners’ (NAIC) Accreditation Program. The successful candidate will have a CFE (Certified Financial Examiner) designation from the Society of Financial Examiners (SOFE) and hold a Bachelor’s Degree, preferably in Accounting or Finance from an accredited college or university, with 15 plus years of exam experience preferred. The contractor shall conduct complex examinations of KY domestic insurers licensed in multiple states in accordance with laws and regulations, NAIC Accreditation Program standards and/or department guidelines. Key responsibilities include:
* Conducting financial examinations in accordance with the NAIC risk-focused approach
* Developing, presenting and discussing findings
* Making recommendations to the department for corrective actions and internal procedures and policies
* Testifying in administrative hearings or other legal proceedings
* Scheduling, training, review or supervision of analyses and/or examinations procedures
* Reviewing new regulations and laws or other assigned duties necessary to facilitate the department’s regulatory oversight