Insurance Regulatory Analyst I

Agency

Dept of Insurance

Division

Company Services Group

Job Classification Title

Insurance Regulatory Analyst I (NS)

Position Number

60013618

Grade

NC17

About Us

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

Insurance Regulatory Analyst I - 60013618
Salary Recruitment Range - $60,881-$65,000
Salary Grade - NC 17

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 up to one remote workday per week. 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

The primary purpose of the position is to examine L&H insurers that offer life coverage, and accident and health coverage through the examination of underwriting practices and claims records. This position may be required to conduct the examinations on-site at the company’s offices.  As such, the examiner may be required to travel.  

Responsibilities include:

-Become familiar with the targeted areas for each examination and assist with preparation, random sampling, and travel arrangements as needed. Clearly communicate findings and concerns to the Examiner-in-Charge and company personnel, and summarize those findings in a clear, concise manner. Ensure reports are technically and grammatically accurate, complete all sign‑off procedures, and document work papers in TeamMate in a timely and accurate way. Administrative responsibilities such as written leave requests, weekly FIORI entries, and expense reports should be completed accurately and submitted on time.

-Support the team by demonstrating extra effort, promoting cohesiveness, and seeking assignments outside your primary area to broaden your knowledge. Offer suggestions to improve examination efficiency and participate in calls, webinars, seminars, and other management‑directed activities, including those sponsored by the NAIC. Assist with market analysis investigations, reviews of self‑critical analyses, and other assigned activities. Provide detailed bi‑weekly updates to your supervisor and represent the Section, Division, and Department positively in all professional interactions. Continuously pursue opportunities for personal development, training, and independent research to strengthen your technical skills.

-Exhibit strong knowledge and proper use of Department of Insurance and NAIC regulations, as well as relevant North Carolina statutes, rules, and procedures. Make informed decisions that support effective problem resolution and demonstrate technical competence with tools such as Microsoft Word, Excel, Access, TeamMate, and ACL.

Knowledge Skills and Abilities/Management Preferences

Management Preferences

-Knowledge of group/individual life, accident and health coverage; specifically: underwriting, policyholder treatment, nonforfeiture benefits, utilization management and claims administration.

-Knowledge of office productivity software such as Word, Excel and Access. Willingness to work towards FLMI curriculum or other relevant industry related study program.

-Experience working with regulatory/compliance issues is desirable.

Minimum Education and Experience

Some state job postings say you can qualify by an “equivalent combination of education and experience.” If that language appears below, then you may qualify through EITHER years of education OR years of directly related experience, OR a combination of both. See the Education and Experience Equivalency Guide for details.

Bachelor's degree in business or economics or a related program from an appropriately accredited institution and three years of experience in policy and rate examinations, underwriting, claims adjusting work, or financial/marketing analysis; or an equivalent combination of education and experience.

Benefits of NC State Employment:

We value our employees and offer a wide variety of competitive and family-friendly benefits. Benefits include:

• 12 Annual paid Holidays
• North Carolina State Health Plan administered by AETNA 
• Supplemental Benefits including: Flexible Spending Accounts, Accident Insurance, Cancer & Specified Disease, Critical Illness, Dental and Vision
• NC State Retirement (TSERS)
• WeSave Employee Discounts

Learn more about employee perks/benefits:

• Why Work For NC?
• NC OSHR: Benefits

Supplemental and Contact Information:

For consideration for this vacancy, all applicants must complete an online application using the “APPLY” button above.

  
To receive credit for your work history and credentials, you must list the information on the State Application. Any information omitted from your application cannot be considered for qualifying credit.

***Applications with "see attached" or resumes in lieu of completed education and work experience on the formal application will be deemed incomplete and will not be eligible for consideration for the vacancy***

Applications for positions requiring specific coursework must be accompanied by a copy of the applicant's transcript. 

The Department of Insurance/Industrial Commission may conduct criminal history checks of all job applicants recommended for employment. Failure to accurately acknowledge information on criminal convictions on the state application form will be grounds for non-consideration of applications, disciplinary action, and possible criminal prosecution.
  
The Department of Insurance/Industrial Commission is an Equal Employment Opportunity employer and uses the merit-based recruitment and selection plan to fill positions subject to the State Personnel Act with the most qualified individuals.

• Academic Degrees must be from appropriately accredited institutions and will be verified. If you are selected for a position at DOI/IC, your academic credentials will be verified.
• Applicants requesting and receiving an accommodation under the Americans with Disabilities Act (ADA) are eligible to submit paper applications via mail or by fax.
• Applicants seeking Veteran's Preference under N.C.G.S .126 must submit a DD Form 214, Certificate of Release or Discharge from Active Duty. This information may be attached to the online application or be faxed on or before the closing date.

Applicants may check the status of their application for a vacancy at any time by logging in to the government jobs system. Once the applicant has logged in, the status of each submitted application is documented next to each vacancy for which they have applied.

For more information about NCDOI: http://www.ncdoi.gov/

EEO Statement

The State of North Carolina is an Equal Employment Opportunity Employer and dedicated to providing employees with a work environment free from all forms of unlawful employment discrimination, harassment, or retaliation. The state provides reasonable accommodation to employees and applicants with disabilities; known limitations related to pregnancy, childbirth, or related medical conditions; and for religious beliefs, observances, and practices.

Recruiter:

Gretchen Marie Senez

Recruiter Email:

[email protected]