The Commonwealth of Kentucky, Public Protection Cabinet/Department of Insurance is seeking a vendor to perform the services of a Financial Examiner/Analyst. The selected 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 Financial Examiner/Analyst will perform such levels of professional service as necessary to assist in the Department’s regulatory oversight of insurers in Kentucky, both domestic and foreign.
Some key responsibilities include:
* Conducting complex examinations of NAIC accredited insurers in accordance with laws and regulations, NAIC Accreditation Program standards and/or Department guidelines
* 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
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