The Financial Regulatory Services Department of the National Association of Insurance Commissioners (NAIC) has an exciting opportunity for a Financial Regulatory Services Manager. This position will provide primary and/or co-support to emerging NAIC Financial Solvency Projects. Although this team member must be open to tackling new issues as they arise, the initial focus of this accounting-focused position will include the group capital calculation, long-term care insurance, and insurance business transfers (restructuring mechanisms). We are looking for a team member who enjoys working multiple projects with a high attention to detail all to support the public good and make a difference.
This position is located in the NAIC’s state-of-the-art offices in Town Pavilion in the heart of downtown Kansas City which includes great restaurants and top-notch entertainment venues. This is a full-time position in a positive and flexible environment.
Leads NAIC Efforts in Emerging NAIC Financial Solvency Projects and provides support to group chair.
Researches issues and topics of interest for projects and effectively communicates findings and recommendations to regulators for assessment.
Identifies and discusses controversial issues with the chair and appropriate internal staff prior to open meetings
Drafts model insurance laws and model regulations using prescribed formats.
Develops and updates regulatory information manuals and handbooks where appropriate.
Provides Support to Projects After Completion
Provides resources to projects completed or that are in maintenance form
Continues oversight of the completed projects to assess and report on findings and results.
Proposes subsequent revisions or clarifications to address necessary changes driven from changes in insurance or reporting trends, reporting inconsistencies, and misinterpretations in completing calculations.
Addresses questions and inquiries from regulators and industry on the completed projects, which could include providing assistance and interpretations on completing calculations and how the assessments could be utilized by the NAIC and regulators.
Provides Specific Research into Topics Requiring Department Resources
Prepares and Delivers Speeches and Educational Instruction
Actively participates in preparing and delivering presentation and training materials for interested parties and regulators on financial solvency related topics
Skills and Abilities:
Ability to work on multiple projects simultaneously and in a fast-paced environment.
Proficiency with Microsoft Office (Outlook, Work, Excel, and PowerPoint).
Ability to read, analyze and interpret complex financial documents.
Ability to respond effectively to the most sensitive inquiries or complaints.
Ability to write speeches and articles using original or innovative techniques or style.
Ability to make effective and persuasive speeches and presentations on controversial or complex topics to senior management, public groups, and/or regulators.
Ability to apply principles of logical or scientific thinking to a wide range of intellectual and practical problems.
Ability to travel to 3 national meetings annually, with additional travel to provide training programs or to attend seminars. Must be available and willing to travel to such locations (including international locations).
Why Work at the NAIC/NIPR?
Flexible Work Environment
5 Hour Work Week
Choice of Insurance Plans
Vacation Buy Back
Infants in the Work Place
Employee Recognition Programs
Days Off for Community Service
Student Loan Repayment Program
The NAIC is proud to be an Equal Opportunity Employer
Applicants for all positions are considered without regard to age, race, creed, color, religion, sex, sexual orientation, gender identity or expression, national origin or ancestry, marital status, pregnancy, genetic information, military or veteran status, disability, or any other basis protected by applicable law.
Minimum Education and/or experience required:
Bachelor’s degree in accounting or finance and five to seven years of insurance or public accounting experience, or an equivalent combination of education and experience.
Certified Public Accountant (CPA)
About National Association of Insurance Commissioners (NAIC)
With a Central Office in the heart of downtown Kansas City the National Association of Insurance Commissioners (NAIC) places a premium on creativity and innovation.The NAIC supports insurance regulators in every state, who work to educate, protect and assist insurance consumers with issues ranging from disasters to day-to-day questions. Our employees get the chance to support and develop the latest technological programs in an energized environment.
Insurance may be complicated, but our employee culture is pretty simple. “Work hard, play hard” exemplifies our commitment to a work-life balance. We keep it casual with allowing jeans to be worn every day. We believe in rewarding staff with bright, shiny objects as well as treats, games and prizes to show our appreciation for their hard work. And you can say goodbye to a five day work week with our flex schedules.