Company Licensing Analyst

4 weeks ago


Thurston County Tumwater, United States State of Washington Full time
About the Role

We are seeking a highly skilled and motivated Company Licensing Analyst to join our team at the Office of the Insurance Commissioner. As a key member of our Company Supervision Division, you will play a critical role in ensuring the integrity of our licensing process and promoting a healthy business environment for our applicant companies.

Key Responsibilities
  • Conduct thorough reviews of licensing application filings to ensure compliance with state regulations.
  • Review and analyze materials submitted by applicants to determine whether they meet all state requirements for licensure and registration.
  • Communicate with insurance and auxiliary-line company representatives, attorneys, and consultants to address application deficiencies and provide guidance on licensing and compliance inquiries.
  • Provide information and support to regulated entities, other OIC divisions, and the public on insurance and auxiliary line licensing and compliance matters.
  • Investigate and research submissions and notifications of changes involving insurance and auxiliary lines.
Requirements
  • 6 years of qualifying professional work experience in the banking and/or insurance industry, and/or regulatory compliance.
  • Associate degree in accounting, business administration, finance, economics, or other related fields, and 4 years of qualifying professional work experience in the banking and/or insurance industry, and/or regulatory compliance.
  • Bachelor's degree in accounting, business administration, finance, economics, or other related fields, and 2 years of qualifying professional work experience in the banking and/or insurance industry, and/or regulatory compliance.
  • Master's degree in accounting, business administration, finance, economics, or other related fields, and 1 year of qualifying professional work experience in the banking and/or insurance industry, and/or regulatory compliance.
Preferred Qualifications
  • Prior insurance regulatory experience with a governmental agency or state-authorized insurance company.
  • Prior experience reviewing for compliance with insurance laws and regulations, especially Title 48 RCW and Title 284 WAC.
  • Intermediate level Microsoft Office skills (Word, Excel, Outlook, and OneNote).
  • Intermediate level Adobe Acrobat skills.
  • Working towards or have an industry-specific designation such as Chartered Property Casualty Underwriter (CPCU), Fellow Life Management Institute (FLMI), Certified Insurance Examiner (CIE), Accredited Insurance Regulator (APIR), or Professional Insurance Regulator (PIR).
What We Offer
  • A competitive salary and benefits package.
  • A stable funding source that does not rely on the state's general fund.
  • Opportunities for professional growth and development.
  • A collaborative and supportive work environment.
  • Flexible work schedules and telework options.


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