Financial Examiner I
*Any applicants that already have an AFE (Accredited Financial Examiner) or CFE (Certified Financial Examiner) designation, salary will be adjusted to the minimum range: AFE - $56,462/annual and CFE - $72,272/annual.
This is an At-Will position and is under the discretion of the Director of Insurance.
December graduates welcome to apply!
Extensively work on site at insurance companies verifying financial and non-financial information. Able to travel out-of-state for two week periods of time on a regular basis, as needed. Significant amount of the work is performed in Omaha area. Work both independently as well as in conjunction with a team of fellow examiners in a variety of work environments. Investigate insurance company activities and determine if an insurance company is in conformity with insurance industry accounting standards "Statements of Statutory Accounting Practices" (SSAP). Investigate and analyze insurance company policies, procedures, operations and controls to detect possible regulatory statute violations and solvency concerns. Review and verification of insurance company's recordings of accounting transaction activities include but not necessarily limited to review of journal entries, ledgers, trial balances and various supporting source documentation. Assist in the verification and review of insurance company information and data which supports items such as assets, net worth, liabilities, capital stock, surplus, income and expenditures. Correspond with and conduct interviews with insurance company officials to verify and evaluate compliance with regulatory requirements and to obtain an understanding of insurance company operations. Make clear and accurate assessments regarding whether an insurance company is adequately meeting compliance standards. Timely prepare workpapers which are accurate, organized and clearly stated. Identify and evaluate internal controls including Sarbanes-Oxley requirements. In-state and out-of-state travel is required.
Job location is 1135 M Street, Downtown.
REQUIREMENTS: Bachelor's Degree from an accredited college or university in a business related field (accounting, economics, finance, risk management, etc.) with a preference for accounting hours including auditing. Accounting/auditing work experience is beneficial. In addition, applicant should have at least three hours of Business Law. Advancement does require completion of at least three hours of management coursework which can be acquired after hire, as well as meeting other requirements such as experience and verification of proven technical abilities.