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Role Description

As an Examiner-in-Charge (EIC) for the Vermont Department of Financial Regulation, Captive Insurance Division, your primary responsibilities include:

• Examinations and ongoing oversight of Vermont domiciled captive insurance companies.
• Leading a team of examiners in evaluating areas of captive insurance company operations and business practices, including:
  • Corporate governance
  • Strategy
  • Business plan
  • IT systems
  • Internal controls
  • Financial reporting
  • Regulatory compliance
• Conducting research and assigned special projects.
• Conducting annual and quarterly surveillance for a portfolio of companies.

An EIC must be self-motivated and possess strong time management, organization, critical thinking, and communication skills.

Qualifications

• Graduate degree in Finance, Accounting, Business Administration, or a related field AND two (2) or more years of experience at or above a technical level in accounting, auditing, or financial examination, INCLUDING two (2) or more years involving insurance operations and supervisory responsibilities.
• OR Bachelor's degree AND four (4) or more years of experience at or above a technical level in accounting, auditing, or financial examination, INCLUDING two (2) or more years involving insurance operations and supervisory responsibilities.
• OR One year as an Insurance Examiner III.

Requirements

• Employees involved with financial examinations will be required to obtain the CFE designation within 48 months of employment.

Benefits

• 80% State paid medical premium and a dental plan at no cost for employees and their families.
• Work/Life balance: 11 paid holidays each year and a generous leave plan.
• State Paid Family and Medical Leave Insurance (FMLI).
• Two ways to save for your retirement: A State defined benefit pension plan and a deferred compensation 457(b) plan.
• Tuition Reimbursement.
• Flexible spending healthcare and childcare reimbursement accounts.
• Low cost group life insurance.
• Incentive-based Wellness Program.
• Qualified Employer for Public Service Student Loan Forgiveness Program.