Senior Insurance Auditor

2 weeks ago


Little Rock, Arkansas, United States Arkansas Government Job Full time

SENIOR INSURANCE AUDITOR

Location:
Little Rock, AR, US

Category:
STATE INSURANCE DEPARTMENT

Salary Information:
Anticipated Salary Range: $50,000 - $72,822.00

Position Overview:

The Senior Insurance Auditor plays a crucial role in orchestrating and executing intricate financial assessments of insurance organizations. This position involves a thorough examination of financial statements and a detailed analysis of financial data and records.


Key Responsibilities:
  • Conducts comprehensive evaluations of assets, liabilities, income, and expenses reflected in the financial statements of insurance entities.
  • Reviews and interprets new, proposed, or amended laws, regulations, policies, and procedures to ensure adherence to compliance standards.
  • Performs financial audits in accordance with established procedures and guidelines, ensuring alignment with industry standards.
  • Engages with insurance entity executives to discuss operational matters and address inquiries raised during the audit process.
  • Drafts and updates operational procedures for the finance division to uphold accreditation standards.
  • Facilitates training for junior auditors, enhancing their skills and knowledge.
  • Undertakes additional responsibilities as assigned.

Qualifications:

Applicants should possess a bachelor’s degree in accounting, finance, business administration, or a related discipline, coupled with a minimum of four years of experience in financial management, insurance accounting, auditing, or a similar field.


Knowledge, Skills, and Abilities:
  • Familiarity with Arkansas insurance regulations and guidelines.
  • Understanding of the organizational structure of insurance companies.
  • Knowledge of National Association of Insurance Commissioners (NAIC) standards.
  • Proficiency in Generally Accepted Accounting Principles (GAAP).
  • Expertise in financial examination methodologies.
  • Ability to interpret and apply relevant rules and policies effectively.
  • Strong analytical and communication skills, both verbal and written.
  • Competence in utilizing standard office technology and software for report generation and correspondence.
  • Capability to manage and coordinate work assignments and evaluate the performance of team members.

Licenses:
None required.

Nearest Major Market:
Little Rock

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