Requisition No: 811580
Agency: Financial Services
Working Title: GOVERNMENT ANALYST I (OFFICE OF INURANCE REGULATION) – 43002045
Position Number: 43002045
Salary: $40,350.96
Posting Closing Date: 09/21/2023
*****OPEN COMPETITIVE EMPLOYMENT OPPORTUNITY*****
DIVISION: OFFICE OF INSURANCE REGULATION
BUREAU: LIFE AND HEALTH PRODUCT REVIEW
CITY: TALLAHASSEE
COUNTY: LEON
The Florida Office of Insurance Regulation (OIR) Strives to promote a stable and competitive insurance market for consumers. With a workforce of approximately 250 staff members, OIR regulates one of the largest, most complex insurance markets in the world.
OIR offers a range of challenging and rewarding opportunities for individuals looking to grow in their career and offers a wide variety of top insurance – related courses and professional certifications to ensure that its staff has the industry knowledge needed to succeed. OIR employees also have access to the State of Florida’s tuition waiver program, which offers educational assistance to full time, salaried employees.
As a State Agency, OIR offers excellent benefits such as health insurance, dental insurance, vision insurance, retirement plans, flexible spending accounts, health savings accounts, and much more. OIR also offers annual and sick leave, a generous holiday schedule, and flexible work schedules.
Click the links below to see the many benefits and retirement options you have as a State of Florida employee:
https://www.mybenefits.myflorida.com/
https://myfrs.com/ContactUs.htm
SPECIAL NOTES:
High School Diploma or equivalent preferred.
Requirements:
- Knowledge of the basics of life and health insurance and annuities.
- Knowledge of data collection principles and methods.
Additional preference will be given for the following:
- Work experience in insurance.
- Proficiency in the Microsoft Office Suite of applications (e.g., Excel, Outlook, and Word).
A work sample will be given to qualified candidates.
This advertisement may be used to fill more than one position.
The appointment salary is 40,350.96 annually.
Employees of the Department of Financial Services are paid on a monthly pay cycle.
This position requires a security background check, including fingerprint as a condition of employment.
Responses to qualifying questions must be clearly supported by the state application and any omission, falsification, or misrepresentation in the answering of the qualifying questions will be cause for immediate elimination from the selection process.
Minimum Qualifications for this position include the following REQUIRED ENTRY LEVEL KNOWLEDGE, SKILLS, AND ABILITIES:
- Knowledge of the basics of life and health insurance and annuities through sales or claims processing or underwriting or other administrative duties requiring knowledge of the basics of insurance and annuities.
- Knowledge of data collection principles and methods.
- Ability to understand and apply applicable rules, regulations, policies, and procedures.
- Ability to evaluate contracts, policy forms and other materials for compliance with regulations.
- Ability to collect, analyze and evaluate data to develop recommendations, solve problems, and document workflow.
- Ability to plan, organize and coordinate work activities.
- Ability to work independently.
- Ability to use personal computers.
- Ability to communicate effectively verbally and in writing.
- Ability to establish and maintain working relationships with others.
BRIEF DESCRIPTION OF DUTIES:
This position serves as a forms analyst in the Office of Insurance Regulation’s Life and Health Product Review Division which reviews forms filed with the Office for compliance with applicable laws, rules, and regulations. This position requires an in-depth understanding of life and health insurance products; a high degree of accuracy and attention to detail; compliance with laws, policies, and procedures; and adherence to timeframes.
This is an advanced level position which independently performs the following duties under limited supervision:
Forms Analysis and Filing Processes and Procedures
- Independently determines if the following individual and group contracts are in compliance: life insurance, annuities, health insurance, health maintenance organizations, prepaid limited health services organizations, discount medical plan organizations, continuing care retirement communities, and viatical settlements, including their applicable contracts, forms, endorsements, riders, applications, and advertisements.
- Uses checklists and internal review forms to process all form filings within established timeframes in compliance with applicable statutes, rules, and regulations.
- Uses the Electronic Data Management System to monitor workflow and independently establish work priorities.
- Assists management with peer review of filings and with mentoring and education of new employees.
- Reviews programs, services, reports, and internal review forms to identify problems and recommend improvements.
- Assists with developing new processes and technology.
- Assists in testing computer enhancements and modifications.
Trains, Helps Develop Other Employees, and additional work as may be assigned
- Assists in the training of other analysts, teaching them the aspects of the position. Assists in the development of analysts as they work filings. Keeps abreast of changes in laws for the state as they pertain to the products that are reviewed, handled, and discussed.
Professional Development and Performs Related Work as Required
- Maintains working knowledge of statutes, rules, and regulations affecting insurance and viatical contract forms, keeps abreast of changes to applicable laws, rules, and regulations, and provides input and proposes statutory or rule revisions.
- Represents the Office at professional meetings and conferences and attends conferences, workshops, and training programs and research related literature to enhance professional knowledge, skills, and abilities.
- Represents the Office by participating in conference calls and meetings with other State regulators and industry representatives to discuss compliance requirements, develop standards and address concerns.
- Responds to requests from and assists Office personnel, industry representatives, agents, and consumers.
If you are a retiree of the Florida Retirement System (FRS), please check with the FRS on how your current benefits will be affected if you are re-employed with the State of Florida. Your current retirement benefits may be canceled, suspended, or deemed ineligible depending upon the date of your retirement.
The State of Florida is an Equal Opportunity Employer/Affirmative Action Employer, and does not tolerate discrimination or violence in the workplace.
Candidates requiring a reasonable accommodation, as defined by the Americans with Disabilities Act, must notify the agency hiring authority and/or People First Service Center (1-866-663-4735). Notification to the hiring authority must be made in advance to allow sufficient time to provide the accommodation.
The State of Florida supports a Drug-Free workplace. All employees are subject to reasonable suspicion drug testing in accordance with Section 112.0455, F.S., Drug-Free Workplace Act.
VETERANS’ PREFERENCE. Pursuant to Chapter 295, Florida Statutes, candidates eligible for Veterans’ Preference will receive preference in employment for Career Service vacancies and are encouraged to apply. Certain service members may be eligible to receive waivers for postsecondary educational requirements. Candidates claiming Veterans’ Preference must attach supporting documentation with each submission that includes character of service (for example, DD Form 214 Member Copy #4) along with any other documentation as required by Rule 55A-7, Florida Administrative Code. Veterans’ Preference documentation requirements are available by clicking here. All documentation is due by the close of the vacancy announcement.