Senior Financial Analyst

** Agency
* * Dept of Insurance
** Division
* * Company Services Group
** Job Classification Title
** Insurance Company Examiner II (NS)
** Position Number
**** Grade
* * NC17

The mission of the North Carolina Department of Insurance is to promote a stable insurance market through unbiased regulation and to protect the lives and property of every citizen in all 100 counties while fostering superior, user-friendly service, courtesy, and respect. Our agency licenses insurance agents, adjusters, bail bondsmen and more, along with investigating fraud matters involving insurance consumers and any entity or individual regulated by the Department.

In an ever-changing environment, it is the vision of the Department of Insurance to maintain the stabilization of the insurance industry in order to provide more products, competitive prices and consumer protection.
** Description of Work
** Salary Recruitment Range: $60,881 - $84,954  Salary Grade: NC17    The posting will close at 11:59 p.m. the night before the closing date.
This position currently qualifies for a hybrid telework option with routine office and remote workday. The NC Department of Insurance trusts our employees to be self-motivated and successful in hybrid/remote roles. Telework options are subject to change at the discretion of management.
Mission of the Department of Insurance:
The North Carolina Department of Insurance's mission is to promote a stable insurance market through unbiased regulation and to protect the lives and property of every citizen in all 100 counties while fostering superior, user-friendly service, courtesy, and respect.
North Carolina Department of Insurance offers rewarding careers in a number of different fields that helps us protect consumers and regulate the insurance industry in North Carolina. But that’s not all that we do! NCDOI also investigates insurance fraud. We set standards for and inspect fire stations, regulate engineering codes and work with building inspectors in every corner of North Carolina.
If you’re interested in a career that will help make North Carolina a safer and better place to live while working with some of the best professionals in the industry, apply today!
For more information about NCDOI: http://(Use the "Apply for this Job" box below).    Primary Purpose of the Position:
This is a key position working in the Financial Analysis Division. The Financial Analysis Division is primarily responsible for the continuous monitoring, through financial analysis, of all insurers authorized to transact business in North Carolina. Upon the identification of issues, the Division is responsible for taking timely and appropriate action to protect the interests of North Carolina insurance consumers.
The primary purpose of this position is to conduct financial reviews of insurance companies domiciled and/or licensed in the State of North Carolina. The position will determine if insurers are maintaining compliance with applicable laws, regulations, procedures, and statutory accounting practices required by this State. The position will have the opportunity to interact with people at all levels within the insurance companies as well as within this Department.

The work is guided by State laws and regulations, Departmental policies and procedures, and guidance provided by the National Association of Insurance Commissioners.
The position has direct supervision of two employees. The position will be responsible for coordinating the work of other analysts, including directing and training staff, conducting second level reviews of analyses, evaluating courses of action recommended by staff, and reporting on current activities each month. This position also renders an opinion on the financial health of each assigned company; recommends any appropriate corrective actions;

and evaluates company proposals such as changes of control, mergers, re-domestications, business plans, reinsurance transactions, and other material changes in operations, which require the approval of the Commissioner.
** Knowledge

Skills and Abilities

/Management Preferences
** Effective July 1, 2025, candidates now meet the minimum qualifications of a position if they have the minimum…