CAREERS
OFFICE SUPPORT SPECIALIST
SALARY: $18.56 - $20.62 Hourly
JOB TYPE: Full Time
LOCATION: Cheyenne, WY - In Office
GENERAL DESCRIPTION:
This position performs a variety of administrative support duties by providing Wyoming consumers, insurers, and department staff information and assistance, to achieve the department's overall objective of regulating the business of insurance for the state of Wyoming.
ESSENTIAL FUNCTIONS: The listed functions are illustrative only and are not intended to describe every function which may be performed at the job level.
Performs first-line customer service including greeting walk-ins, answering phones, answering inquiries, or directing to the appropriate staff member.
Explains department policy, procedures, and practices regarding general requests for information.
Receives, date stamps, and distributes incoming correspondence from walk-in consumers, USPS, UPS, and FedEx, signing for documents as necessary.
Reviews and processes applications submitted for insurance company changes; including company mergers, redomestications, and name changes. Ensures all forms, fees, and requirements necessary have been received and reviewed.
Records in the department's database, Sircon, insurance company amendments to bylaws, amended articles of incorporation, change of company officers and reports of examination. Determine appropriate fees for companies filing changes.
Performs initial review of the application for the licensing of new insurance companies. Includes detailed review of items and appropriate payment of fees required by statute.
Assists the Policy Review Section by assigning electronic and paper policy form filings in a specialized database program. Also completes monthly statistical reporting regarding policy filings.
Resolves problems and makes recommendations for improvements.
Performs specialized tasks and coordinates general administrative office functions.
Accurately maintains agency files and records; inputs data into databases.
Prepares reports; verifies computer systems, databases, and coded data for accuracy.
Responds verbally and/or in writing to requests for information.
Screens and corrects documents for procedural compliance; evaluates information for accuracy.
Performs various functions for staff and administration.
Provides customer service to consumers, insurers, and staff, acts as a resource, and explains rules and procedures to co-workers, consumers, and/or insurers.
TO VIEW THE FULL JOB DESCRIPTION AND APPLY, PLEASE CLICK HERE
INSURANCE EXAMINER
SALARY: $6,171.35 - $6,857.05 Monthly
JOB TYPE: Full Time
LOCATION: Cheyenne, WY - Hybrid
GENERAL DESCRIPTION:
The Insurance Examiner position monitors the solvency of Wyoming insurance companies by performing risk-focused examinations and financial analysis of insurance companies' annual and quarterly statements.
ESSENTIAL FUNCTIONS: The listed functions are illustrative only and are not intended to describe every function which may be performed at the job level.
Plans performs, and issues reports of examination of all Wyoming domestic insurance companies in accordance with Wyoming Statutes and NAIC standards for the purpose of monitoring financial solvency and statutory compliance.
Reviews and gains an understanding of insurer operations, including its corporate governance structure and its enterprise risk management framework through a review of regulatory filings, discussions with Department staff, discussions with company personnel, review of public information, review of industry trends and other sources of information as applicable
Exercises judgment to identify and assess financial solvency risks facing the company, from both a current and prospective risk perspective.
Identify relevant controls and/or risk mitigation strategies to address risks identified and perform tests of controls to evaluate their effectiveness, as appropriate.
Performs and documents the financial analysis of domestic insurance companies in accordance with Wyoming Statutes and NAIC standards for the purpose of monitoring financial solvency.
Summarizes and documents results of analysis and assessment of risks based on information reviewed as well as communications with the insurer and other regulators.
Corresponds with company executives, department staff, and other state, federal, or international regulators to investigate issues identified, evaluate company responses, and propose additional regulatory actions if warranted.
Investigate and determine if the company is in compliance with state laws, rules, regulations, and NAIC standards and guidelines.
Meets with consulting actuaries and insurers' CPA firms.
Review applications of insurance companies applying for a license in Wyoming for compliance with statutory requirements; make recommendations to approve or deny applications.
Reviews financial statements, plans of operation, actuarial opinions, CPA reports, contracts, corporate documents, complaints, regulatory actions, holding company act filings, and biographical affidavits.
Performs annual reviews on insurance companies' premium tax returns to determine proper calculations and payments to the State of Wyoming.
Performs examinations on pre-need funeral homes and perpetual care cemeteries.
Encouraged to obtain the Accredited Financial Examiner (AFE) designation through testing and attending the appropriate amount of continuing education required.
Preference may be given to those who have knowledge of and experience with insurance regulation, auditing and/or public accounting. CPA or CPA candidate, CFE, CIA, or CISA preferred.
MINIMUM QUALIFICATIONS:
Education:
Bachelor's Degree (typically in Finance)
Experience:
1-2 years of progressive work experience (typically in Auditing) with acquired knowledge at the level of a Senior Auditor
OR
Education & Experience Substitution:
4-6 years of progressive work experience (typically in Auditing) with acquired knowledge at the level of a Senior Auditor