Senior Financial Accounting Analyst/Auditor
State of Ohio, Columbus, OH, United States
Organization
Insurance
Agency Contact Name and Information: Kim Lowry 614-644-2681
Unposting Date
Ongoing
Work Location
50 W Town St 50 West Town Street Suite 300 Columbus 43215
Primary Location
United States of America-OHIO-Franklin County-Columbus
Compensation: $64.25
Schedule
Full-time
Work Hours: 40
Union: OCSEA
Primary Job Skill
Auditing
Technical Skills
Interpreting Financial Statements, Regulatory Compliance, Accounting and Finance, Auditing
Professional Skills
Analyzation, Attention to Detail, Results Oriented, Time Management, Written Communication
Job Description
The Office of Risk Assessment is seeking a financially minded candidate with an advanced level of experience analyzing complex financial reports, reviewing and modifying data, and determining appropriate course of action to resolve complex issues.
Key Responsibilities include but are not limited to the following:
Performs in‑house analysis of domestic and/or foreign insurance companies’ financial condition to determine solvency and compliance to statutes and regulations, contacts companies regarding findings, determines need for subsequent action based on insurance companies’ responses to examinations and analysis.
Prepares and recommends level of priority for each company and reviews audited financial statements and other financial reports, and periodically conducts reviews of other insurance examiner/analyst findings.
Evaluates insurance companies’ operations to determine if prior review recommendations have been implemented, assesses company progress toward implementation of prior examination and analysis recommendations, and assumes responsibility for examination and/or analysis reports.
Conducts, develops and maintains analysis process for use in financial assessment of annual and quarterly statements and maintains regulatory status reports for foreign and/or domestic companies; reviews various financial transactions for appropriateness and compliance to statutes and regulations.
Performs comprehensive audits of all books, records, assets, liabilities, income, disbursements and operating policies and procedures and examines contracts to determine legality and propriety.
Represents the Department at meetings with insurance companies and/or outside agencies; provides written and/or verbal response for request for information.
Benefits
Medical Coverage
Free Dental, Vision and Basic Life Insurance premiums after completion of eligibility period
Paid time off, including vacation, personal, sick leave and 11 paid holidays per year
Childbirth, Adoption, and Foster Care leave
Education and Development Opportunities (Employee Development Funds, Public Service Loan Forgiveness, and more)
Qualifications
Accredited Financial Examiner (AFE) designation by Society of Financial Examiners; 2 years department of insurance experience and/or consulting experience related to financial solvency regulation; must provide own transportation; valid driver’s license.
Certified Public Accountant (CPA) designation by state accountancy board; 3 years experience in accounting, internal auditing, finance, economics or insurance; must provide own transportation; valid driver’s license.
Certified Financial Examiner (CFE) designation by Society of Financial Examiners; 3 years department of insurance experience and/or consulting experience related to financial solvency regulation; must provide own transportation; valid driver’s license.
Equivalent of minimum class qualifications for employment may be substituted for experience but not for mandated licensure/designation.
Employment Eligibility
Applicants must be currently authorized to work in the United States on a full‑time basis.
Reasonable Accommodation & Background Check
Ohio Department of Insurance does not discriminate on the basis of disability and complies with the ADA employment regulations. Applicants with questions about access or requiring reasonable accommodation should contact the ADA Coordinator. The final candidate selected for this position will be required to undergo a criminal background check.
EEO Statement
Ohio is a Disability Inclusion State and strives to be a model employer of individuals with disabilities. The State of Ohio is committed to providing access and inclusion and reasonable accommodation in its services, activities, programs and employment opportunities in accordance with the Americans with Disabilities Act (ADA) and other applicable laws.
Drug-Free Workplace
The State of Ohio is a drug‑free workplace which prohibits use of marijuana (recreational marijuana
on‑medical cannabis). This position may be subject to additional restrictions pursuant to the State of Ohio Drug‑Free Workplace Policy (HR‑39).
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Insurance
Agency Contact Name and Information: Kim Lowry 614-644-2681
Unposting Date
Ongoing
Work Location
50 W Town St 50 West Town Street Suite 300 Columbus 43215
Primary Location
United States of America-OHIO-Franklin County-Columbus
Compensation: $64.25
Schedule
Full-time
Work Hours: 40
Union: OCSEA
Primary Job Skill
Auditing
Technical Skills
Interpreting Financial Statements, Regulatory Compliance, Accounting and Finance, Auditing
Professional Skills
Analyzation, Attention to Detail, Results Oriented, Time Management, Written Communication
Job Description
The Office of Risk Assessment is seeking a financially minded candidate with an advanced level of experience analyzing complex financial reports, reviewing and modifying data, and determining appropriate course of action to resolve complex issues.
Key Responsibilities include but are not limited to the following:
Performs in‑house analysis of domestic and/or foreign insurance companies’ financial condition to determine solvency and compliance to statutes and regulations, contacts companies regarding findings, determines need for subsequent action based on insurance companies’ responses to examinations and analysis.
Prepares and recommends level of priority for each company and reviews audited financial statements and other financial reports, and periodically conducts reviews of other insurance examiner/analyst findings.
Evaluates insurance companies’ operations to determine if prior review recommendations have been implemented, assesses company progress toward implementation of prior examination and analysis recommendations, and assumes responsibility for examination and/or analysis reports.
Conducts, develops and maintains analysis process for use in financial assessment of annual and quarterly statements and maintains regulatory status reports for foreign and/or domestic companies; reviews various financial transactions for appropriateness and compliance to statutes and regulations.
Performs comprehensive audits of all books, records, assets, liabilities, income, disbursements and operating policies and procedures and examines contracts to determine legality and propriety.
Represents the Department at meetings with insurance companies and/or outside agencies; provides written and/or verbal response for request for information.
Benefits
Medical Coverage
Free Dental, Vision and Basic Life Insurance premiums after completion of eligibility period
Paid time off, including vacation, personal, sick leave and 11 paid holidays per year
Childbirth, Adoption, and Foster Care leave
Education and Development Opportunities (Employee Development Funds, Public Service Loan Forgiveness, and more)
Qualifications
Accredited Financial Examiner (AFE) designation by Society of Financial Examiners; 2 years department of insurance experience and/or consulting experience related to financial solvency regulation; must provide own transportation; valid driver’s license.
Certified Public Accountant (CPA) designation by state accountancy board; 3 years experience in accounting, internal auditing, finance, economics or insurance; must provide own transportation; valid driver’s license.
Certified Financial Examiner (CFE) designation by Society of Financial Examiners; 3 years department of insurance experience and/or consulting experience related to financial solvency regulation; must provide own transportation; valid driver’s license.
Equivalent of minimum class qualifications for employment may be substituted for experience but not for mandated licensure/designation.
Employment Eligibility
Applicants must be currently authorized to work in the United States on a full‑time basis.
Reasonable Accommodation & Background Check
Ohio Department of Insurance does not discriminate on the basis of disability and complies with the ADA employment regulations. Applicants with questions about access or requiring reasonable accommodation should contact the ADA Coordinator. The final candidate selected for this position will be required to undergo a criminal background check.
EEO Statement
Ohio is a Disability Inclusion State and strives to be a model employer of individuals with disabilities. The State of Ohio is committed to providing access and inclusion and reasonable accommodation in its services, activities, programs and employment opportunities in accordance with the Americans with Disabilities Act (ADA) and other applicable laws.
Drug-Free Workplace
The State of Ohio is a drug‑free workplace which prohibits use of marijuana (recreational marijuana
on‑medical cannabis). This position may be subject to additional restrictions pursuant to the State of Ohio Drug‑Free Workplace Policy (HR‑39).
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