Chief Insurance Examiner

• No Nevada state income tax.

The Department of Business and Industry is hiring to fill a Chief Insurance Examiner position within the Corporate & Finance-Market Conduct section of the Division of Insurance in Carson City. The incumbent will supervise market conduct examinations and performance of market analysis in accordance with policies and procedures. Insurance Examiners perform professional work in verification and analysis of the financial condition/solvency and market conduct examination of providers of insurance and related products in the State.

The Chief Insurance Examiner will provide daily supervision for the Insurance Examiners of the Market Regulation section, develop training materials, and ensure staff complete all assigned duties in a professional manner to meet deadlines.

Bachelor's degree from an accredited college or university in accounting, business administration, finance or related field, and four years of supervisory and/or management level experience which involved
1) the audit or examination of insurance companies and their operations;
2) the examination and/or analysis of insurance companies' products and programs that required the application of statutes, regulations and rules to determine the solvency and tax structure of insurance companies; or
3) determination of the appropriateness and soundness of insurance companies' products and programs; OR two years of experience as an Insurance Examiner II or Insurance Actuarial Analyst II in Nevada State service; OR an equivalent combination of education and experience as described above.

• Analyze actuarial and statistical data to determine the appropriateness of insurance rates and compliance with State laws.
• Prepare rate recommendations based on staff analysis and the analysis of consulting actuaries and examiners, and prepare and coordinate testimony for hearings on rates.
• Plan and coordinate the activities of the Health Insurance Portability Accountability Act (HIPAA) Committee on Health Benefit Plans, the Board of Directors for the Reinsurance Program, and the administrator of the Reinsurance Program as assigned.
• Determine companies to be reviewed and plan the scope of the examinations; assign actuarial examiners for the investigation and examination of company data; direct the review and processing of licensing applications, reinsurance treaties, and ongoing audits of insurance companies to ensure compliance with applicable rules, regulations and laws.
• Review and examine accounting and financial record keeping as well as past activities and practices of insurance companies; develop conclusions regarding company solvency and ability to meet licensing requirements in Nevada.
• Meet with representatives of the insurance industry including agents, brokers, administrators, industry associations, and company executives to explain new and existing laws and regulations regarding health insurance, sales and marketing activities, and consumer rights.
• Assign product review projects to staff as appropriate and monitor progress and outcome of the reviews.
• Respond to requests and inquiries from the industry, the public, federal and State agencies, and the legislature regarding market trends and activities by researching issues, analyzing available data, formulating recommendations for agency position and actions, preparing advisory opinions, communicating findings and determinations, and initiating necessary actions.
• Propose and draft legislation, regulations, bulletins and opinions for consideration by the Insurance Commissioner and the legislature.
• Provide direction on complex consumer complaints and enforcement actions involving insurance products and market practices and serve as…