POLICY & PLANNING ANALYST III
Salary: $4,737.20 - $5,921.07 Monthly
This position reviews and evaluates property, casualty, and title insurance company policy contract forms, rates, and rules to determine compliance with the department's Wyoming Insurance Code, regulations, and policy positions. Coordinates direct and manages the non-admitted insurance program. Provides insurance expertise and advice in the areas of property, casualty, and title insurance.
Perform a variety of tasks in both long and short-range planning for various governmental programs.
Research and identify problems and develop corrective actions to agency programs. May make recommendations.
Provide written and oral comments to community, local, state, and federal agencies and entities.
Identify trends and changes.
Perform research studies for special assignments involving state or federal legislation, statutes, or policy issues, including gathering data and creating special reports.
Understand the complexity of agency programs.
Review, approve and comment on planning documents.
Provide information and background to the public, state & national legislators, and the media; handle comments and suggestions from the public.
Attend national symposiums regarding related issues.
Monitor programs/projects for compliance may make approval/disapproval decisions based on that review.
Develop agency internal policies, rules, and regulations and coordinate the rules and regulations adoption process to ensure compliance.
Coordinate with agency executives, any other related entity, other agency personnel, and regional and national partners to identify and assess policy issues.
Participate in strategy development, including coordinating, evaluating, and interpreting policy and planning recommendations.
Mediate and resolve policy or planning disputes.
Generate responses to policy issues.
Manage and coordinate the development of publications.
Serve in an advisory capacity to boards for specialized programs.
Conduct, review, and evaluate programs to provide for program enhancements.
Evaluate and examine forms and filings to determine compliance.
Responsible for policy negotiation and development.
Represent agency and act as liaison with other agencies and organizations.
Provide services that assist with the development of the strategic plan.
Bachelor's Degree (typically in Business)
0-3 years of progressive work experience (typically in Business) with acquired knowledge at the level of a Policy & Planning Analyst I
Education & Experience Substitution:
4-6 years of progressive work experience (typically in Business) with acquired knowledge at the level of a Policy & Planning Analyst I
Certificates, Licenses, Registrations:
SENIOR FINANCIAL EXAMINER
Salary: $5,161.87 - $6,451.47 per month
The Financial Examiner position monitors the solvency of Wyoming insurance companies by performing risk-focused examinations and financial analysis of insurance companies annual and quarterly statements
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.
Investigates and determines if the company is in compliance with state laws, rules, regulations, and NAIC standards and guidelines.
Coordinates and meets with consulting actuaries and insurers' CPA firms.
Reviews applications of insurance companies applying for a license in Wyoming for compliance with statutory requirements; makes recommendations to approve or deny the application.
Reviews financial statements, plans of operation, actuarial opinions, CPA reports, contracts, corporate documents, complaints, and regulatory actions, holding company act filings, and biographical affidavits.
Performs annual review of 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.
Responsible for maintaining the Certified Financial Examiner (CFE) designation and/or Certified Public Accountant (CPA) license by attending the appropriate amount of continuing education required.
Bachelor's Degree (typically in Accounting or Finance)
1-2 years of progressive work experience (typically in Accounting or Finance)
Certificates, Licenses, Registrations:
Certification as a Certified Financial Examiner (CFE) or Certified Public Accountant (CPA)