Job Title Description Job Code
Administrative Assistant 2 Job Description The Iowa Insurance Division is hiring an Administrative Assistant 2 for the Market Regulations Bureau.    Read more

Job Description

The Iowa Insurance Division is hiring an Administrative Assistant 2 for the Market Regulations Bureau. 
 
The Market Regulation Bureau of the Iowa Insurance Division receives and investigates insurance complaints from consumers against insurance companies and insurance producers and helps consumers understand their insurance coverage.  The Market Regulation Bureau enforces Iowa insurance statutes and regulations providing consumer protection to the public against unlawful, incompetent, or dishonest market conduct. 

In the Market Regulation Bureau, you will assist consumers in getting answers to their insurance questions. Duties include providing support for complaint investigations and analysis which includes receiving, reviewing, opening and closing insurance complaint files, providing administrative oversight of the bureaus case management system to ensure quality assurance and functionality, tracking and retrieving accurate information through reports, extracts and spreadsheets for the development of comprehensive and time-sensitive reports, monitoring progress in completing Market Regulation Bureau goals and objectives. Serves as the main point of contact for training and technical matters for the National Association of Insurance Commissioners and State Based Systems.

This public servant position offers an opportunity to directly participate in ensuring predictability in our insurance marketplace for consumers who depend on the financial safeguards their insurance coverage provides.   This position offers an opportunity to become knowledgeable in areas of insurance that are crucial in our daily lives.  A significant portion of our duties involve providing education or explanation of insurance products such as Health, Life & Annuity, Property and Casualty, to our older Iowans.

Minimum Qualification Requirements

Applicants must meet at least one of the following minimum requirements to qualify for positions in this job classification:

  1. Graduation from an accredited four-year college or university with a bachelor's degree in any field, and experience equal to one year of full-time administrative support (e.g., screening visitors and callers; opening/distributing mail, typing/proofing documents, letters, and reports; organizing files; scheduling meetings/appointments; arranging travel; processing travel claims; ordering supplies/equipment) or technical support work (e.g., determining budget, personnel, and equipment needs; compiling/evaluating statistical, historical, economic, business, financial or technical program data; interpreting or securing compliance with laws, rules and regulations; reviewing operating records/reports and evaluating their effectiveness).
  2. A total of five years of education and/or full-time experience (as described in number one) where thirty semester hours of accredited college or university course work in any field equals one year of full-time experience.
  3. Current, continuous experience in the state executive branch that includes experience equal to 12 months of full-time work as an Administrative Assistant 1.
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Insurance Company Analyst The Iowa Insurance Division is currently seeking an Insurance Company Analyst to join the Company Regulation Bureau.  The Company Regulation Bureau (CREG) is responsible for the solvency of insurers doing business in Iowa.   The Insurance Company Analyst serves as the primary source of information regarding the solvency and operation of the insurers assigned for their review.    Insurance Company Analysts analyze/review financial statements, management discussions and analysis documents, actuarial opinions, audit reports, intercompany transactions, and other information. Read more

Job Description

This is a non-merit position with the Iowa Department of Commerce Insurance Division. Candidates must follow the instructions in the "To Apply" section. Positions in this class are exempt from the screening and referral requirements of the Iowa Department of Administrative Services - Human Resources Enterprise. 

The Iowa Insurance Division is currently seeking an Insurance Company Analyst to join the Company Regulation Bureau.  The Company Regulation Bureau (CREG) is responsible for the solvency of insurers doing business in Iowa.  

The Insurance Company Analyst serves as the primary source of information regarding the solvency and operation of the insurers assigned for their review.    Insurance Company Analysts analyze/review financial statements, management discussions and analysis documents, actuarial opinions, audit reports, intercompany transactions, and other information.

The Analyst leverages information obtained from review of documents and collaborates with team members in order to document their understanding of an insurer in conformance with the Insurance Division’s qualitative risk assessment process.  The risk assessment process culminates in a formal review of the Analyst’s proposed assessment of the insurer’s prospective solvency.

In addition, the Analyst collaborates with subject matter experts in order to gain additional insight into complex or unusual topics.    Analysts also leverage insight gained by field examiners that perform the on-site company examination work.

Successful candidates will demonstrate: A strong foundation in accounting or finance; Attention to detail; Ability to meet critical timeframes; Intellectual and conceptual ability to think critically in order to make decisions, which includes measuring, calculating, reasoning, analyzing, prioritizing and synthesizing data;   Maintain effective, respectful working relationships with regulated entities and individuals, trade associations, and legislators;   Complete multiple tasks accurately and within assigned periods; Ability to document adequate notes to record actions and the information gathered to document work performed;  Proficient in use of personal computers, peripheral equipment and various software packages, including the Microsoft Office Suite.

If you have any questions, please feel free to reach out our HR Manager, Jennifer Walker, at jennifer.walker@iid.iowa.gov or 515-654-6548.

Minimum Qualification Requirements

Applicants must meet at least one of the following minimum requirements to qualify for positions in this job classification:

  1. Graduation from an accredited four-year college or university with a degree in insurance, accounting, or finance.
  2. A total of four years of education and/or full-time experience, where thirty semester hours of accredited college or university course work in insurance, accounting, or finance equals one year of full-time experience in insurance company examination, financial analysis, enterprise risk management, or corporate governance.

For additional information, please click on this link to view the job description.

Additional Qualification Requirements

Travel, including overnight, out-of-state, and international travel, may be required for positions in this class. Employees must arrange transportation to and from assigned work areas.  

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