Assistant Holding Company Specialist
State of Nebraska

Job Info

---

The work we do matters!

Hiring Agency:
Insurance - Agency 22

Location:
Lincoln, NE

Hiring Rate:
$24.808

Job Posting:
JR2024-00008573 Assistant Holding Company Specialist (Open)

Applications No Longer Accepted On (If no date is displayed, job is posted as open until closed):

Job Description:
The Assistant Holding Company Specialist is primarily responsible for the review of Holding Company filings and the monitoring of authorized reinsurers in Nebraska.

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 - $60,470.70/annual and CFE - $77,402.70/annual.

Look at what we have to offer!

• 13 paid holidays
• Vacation and sick leave that begin accruing immediately
• Military leave
• 156% (that's not a typo!) state-matched retirement
• Tuition reimbursement
• Employee assistance program
• 79% employer paid health insurance plans
• Dental and vision insurance plans
• Employer-paid $20,000 life insurance policy
• Public Service Loan Forgiveness Program (PSLF) through the Federal government
• Wide variety and availability of career advancement as the largest and most diverse employer in the State
• Opportunity to be part of meaningful work and make a difference through public service
• Training and Development based on your career aspirations
• Fun, inviting teammates
• A safe and secure environment

At the State, we stand by our core values of treating others with dignity and respect, acting ethically in all situations, and creating an environment where our customer is our top priority. Apply to join our team today!

Job duties

Reports to and assists the Holding Company Specialist with the following:

1. Review of all Holding Company Registration filings in compliance with Nebraska Statutes and Regulations, Department Policies and Procedures, and as required by the National Association of Insurance Commissioners (NAIC) Accreditation Standards (a peer review process).

2. Providing technical guidance in interpretation and evaluation of generally accepted accounting practices and statutory accounting principles, reinsurance matters, legal matters and any other areas deemed necessary.

3. Drafting holding company and reinsurance related statutes and regulations as required by the National Association of Insurance Commissioners (NAIC) to maintain accreditation.

4. Tracking of Holding Company Registration filings received including the status of the review completion according to Nebraska Statutes and NAIC Accreditation Standards.

5. Organization and maintenance of electronic files related to all Holding Company Registration filings.

6. Review of accredited, trusteed, reciprocal jurisdiction reinsurers, and certified reinsurer applications as well quarterly compliance reviews for certain reinsurers. Maintenance of reinsurer information section of the Department's website.

7. Participating in and monitoring NAIC activities as it relates to the above areas of responsibility.

8. Performing other related duties as assigned.

Requirements / Qualifications:

Minimum Qualifications: Bachelor's Degree from an accredited college or university in a business-related field (accounting, insurance, risk management, economics or closely related area).

Preferred Qualifications: Organized and detail-oriented with the ability to work independently with support. Ability to use Microsoft Excel, Word, and Outlook. Knowledge of theory and practice of insurance principles including accounting, auditing, and reinsurance. Effective communication skills (Both oral and written) to present information, comments, and recommendations in a clear and concise manner.

Other: Regular and reliable attendance is required.

Knowledge, Skills and Abilities

Ability to: Evaluate financial practices and procedures and provisions of law governing insurance companies, related legal opinions and court decisions; Gather, organize and summarize financial data; Analyze data and draw sound conclusions; Analyze situations accurately and recommend an effective course of action; Prepare clear, complete and concise reports; Organize and maintain electronic files; Establish and maintain effective working relationships with department staff and insurance company officials.


Benefits

We offer a comprehensive package of pay, benefits, paid time off, retirement and professional development opportunities to help you get the most out of your career and life. Your paycheck is just part of your total compensation.

Check out all that the State of Nebraska has to offer! Benefit eligibility may vary by position, agency and employment status. For more information on benefits, please visit: https://statejobs.nebraska.gov/index.html#benefits

Equal Opportunity Statement

The State of Nebraska values our teammates as well as a supportive environment that strives to promote diversity, inclusion, and belonging. We recruit, hire, train, and promote in all job classifications and at all levels without regard to race, color, religion, sex. age, national origin, disability, marital status or genetics.

Current employees of the State of Nebraska should NOT apply on this external career. Instead go to Workday and access the Jobs Hub - Internal Apply app from your home landing page.

This job has expired.