Senior Financial Analyst, Insurance Operations

Job Title:

Senior Financial Analyst, Insurance Operations

Pay Information:
Exempt - $100,000- $125,000per year

Location:

Remote first work environment
Must be in the Pacific time zone

The Senior Financial Analyst, Insurance Operation sis afinance partnerof The Dentists Insurance Company,responsibleforensuring the adherence to regulatory and compliance requirements of the California Department of Insurance and various other regulatory agencies.

This positionpreparesquarterly and annual financial reports,regulatory filings,and works with third parties tofacilitatethe estimation and analysis of insurance loss reserves, ensure adequate reinsurance coverage, and track and administer insurer investments.

This role exercises significant judgement and critical thinking in the preparation of complex filings,has high visibility across the organization,andis a key liaison between finance,operational departments, andexternalvendors and regulators.

• Collaboration:
  
  Proactively engages with an iterative mindset to enhance ideas and achieve organizational results;
  Cultivates relationships, builds partnerships, shares and learns without boundaries.

• Service:
  
  Focusing on meeting needs and exceeding expectations for those served inside and outside the organization.

• Respect:
  
  Embracing others for their true authentic self; nurture and promote an environment that values diversity of thought, input,experienceandexpertise.

• Problem Solving:
  
  Applies analysis, creativity,resilience and logic to reachoptimaloutcomes; develops & implements solutions.

• Approachability:
  Is consistently approachable, open to feedback and truthful; builds trust and authentic professional relationships.

• Adaptability:
  Appropriately adapts behavior to changing conditions and business needs;modifies approach to succeed with new situations and timelines.

• Works independentlyandin collaboration with underwriting, claims, sales,finance and external vendorsto ensure theaccurateandtimelycompletion of regulatory and compliance activities.

• Leads regulatory reportingactivitiesincludingannual and quarterly statements for insurance compliance, A.M. Best reporting, state filing requirements, and state audits.

• Stays current withstate and NAICregulatoryreporting requirements, ensuring processes and reporting meet relevant requirements.
  
  Researches reporting guidance for new business activities and makes recommendations to ensure compliance.

• Coordinates with third parties to support treasury functions,ensures statutory deposit holdings comply withstate requirements and prepares reporting to support investment and statutory deposit holdings.

• Coordinates with external actuary to ensuretimelyresponse tocomplexdata requests andsupportannualactuarial and rate analyses.

• Coordinates with reinsurance broker tosupport annual reinsurance renewal,ensuretimelyresponse to data requests,timely submission of reimbursementinvoicesand year endpremiumtrue-up. Supports ongoing analysis and assessment of the effectiveness of the overall program.

• Oversees the planning and maintenance of the financial compliance calendar for the organization.

• Leads and oversees the triennial Department of Insurance financial examination.

• Administers compliance software and drives innovative and effective use of software to increase efficiency,accuracy and timeliness of regulatory and compliance filings.

• Replies to Department of Insurance and other third-partyrequests.

• Assist with related special projects as needed.

• Perform other duties as assigned.

• Bachelor’s degree (B.A.), preferably in Accounting or Finance.

• Minimum of four years of experience in Finance or Accounting.

• Demonstrated ability to effectively administer reporting…