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FINANCIAL ADMINISTRATOR - SES - 43000960

Date: Jan 13, 2021

Location: TALLAHASSEE, FL, US, 32399

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Requisition No: 290361 

Agency: Financial Services

Working Title: FINANCIAL ADMINISTRATOR - SES - 43000960

Position Number: 43000960 

Salary:  $70,000.00 - $75,000.00 

Posting Closing Date: 01/26/2021 

*****OPEN COMPETITIVE EMPLOYMENT OPPORTUNITY*****

DIVISION: OFFICE OF INSURANCE REGULATION

BUREAU: LIFE AND HEALTH FORMS AND RATES

CITY: TALLAHASSEE

COUNTY: LEON

SPECIAL NOTES:

A Graduate Degree is preferred.

Additional preferences:

  • Contractual knowledge of life and health products including all type of individual and group life and health policies, HMOs and Pre-paid Limited Health Plans.
  • Supervisory experience
  • Regulatory, private sector, management, public policy, legislative, and financial expertise

Some travel required

This position requires a security background check, including fingerprinting, as a condition of employment.
Employees of the Department of Financial Services are paid based on a monthly pay cycle.
Responses to qualifying questions must be clearly supported by the state application and any omission, falsification or misrepresentation in the answering of the qualifying questions will be cause for immediate elimination from the selection process.

Minimum Qualifications for this position include the following REQUIRED ENTRY LEVEL KNOWLEDGE, SKILLS AND ABILITIES:

  • Knowledge of the principles of life and health insurance and annuities.
  • Knowledge of basic management principles and practices.
  • Ability to supervise people.
  • Ability to evaluate contracts, policy forms, and other materials for compliance with regulations.
  • Ability to determine work priorities, assign work, and ensure proper completion of work assignments.
  • Ability to communicate effectively.
  • Ability to establish and maintain effective working relationships with others.
  • Ability to understand and apply applicable rules, regulations, policies, and procedures relating to management analysis activities.
  • Ability to solve problems and make decisions.
  • Ability to work independently.
  • Ability to use a personal computer.

BRIEF DESCRIPTION OF DUTIES AND RESPONSIBILITIES:

This position serves as the Deputy Director of Forms with the Life and Health Product Review Division within the Office of Insurance Regulation which reviews forms filed with the Office for compliance with applicable laws, rules and regulations.  This position requires an in-depth understanding of life and health insurance products; a high degree of accuracy and attention to detail; compliance with laws, policies and procedures; supervisory experience; and adherence to timeframes.
This supervisory position spends the majority of time managing the Forms Unit of the Life and Health Product Review Division by communicating with, motivating, training, and evaluating employees; plans and directs; and whose suggestions and recommendations as to hire, fire, advancement, promotion or any other change of status of other employees must be given particular weight.

Includes, but not limited to, the following: assigns balanced workloads; monitors productivity, quality of work, and that deadlines are being met for operational efficiency; identifies performance gaps and coordinates training needs; initiates and adapts to necessary changes, and creates forecasts and analysis of operating procedures; performance appraisals and feedback; discipline administration; conducts peer reviews of filings on a continuing and random basis; develops efficiency and quality metrics; represents the Office in meetings and conference calls with companies to resolve filing issues; processes financial form filings which include name changes, mergers, assumptions, withdrawals, and discontinuances of forms and/or lines of business and coordinates financial solvency concerns with the Financial Oversight unit; and identifies forms issues requiring legal assistance and coordinates with the Division of Legal Services to achieve a resolution, which could involve market conduct, financial and legal issues.

Leadership and Professional Development

Maintains working knowledge of statutes, rules, and regulations affecting life and health insurance and contract forms; keeps abreast of changes to applicable laws, rules, and regulations and provides input and proposes statutory or rule revisions; represents the Office at conferences, workshops, and training programs; rrepresents the Office by participating in conference calls and meetings with other State regulators and industry representatives to discuss compliance requirements, develop standards and address concerns; reviews legislation to identify need for regulations, bulletins and memorandums and determines financial impact on consumers and the industry for proposed legislation; drafts regulations, bulletins and memorandums to regulate compliance with statutes; develops procedures to monitor required filings by insurance carriers; creates management reports; provides senior management weekly updates about forms compliance and the status of form reviews; and responds to requests from management, legislature, media, public records, consumers, other State and Federal agencies, NAIC, and other professional agencies regarding insurance practices.

Establishes Form Filing Processes and Procedures and Efficiency Measurements

Develops, implements, and coordinates procedures to streamline the work process to meet changing needs; develops performance metrics; evaluates work procedures and modifies as needed; communicates processes and procedures to subordinates; and coordinates with the Market Research Technology Unit in developing management reports and enhancements as needed.

Completes special projects,

Including, but not limited to, form revisions, developing legislative bill analyses and rulemaking initiatives, the handling of media inquiries, and report preparation as needed. Conducts research, coordination and analysis activities in preparation for or in response to policy initiatives, legislative changes and public policy response.

Performs related work as required.

If you are a retiree of the Florida Retirement System (FRS), please check with the FRS on how your current benefits will be affected if you are re-employed with the State of Florida. Your current retirement benefits may be canceled, suspended or deemed ineligible depending upon the date of your retirement.

The State of Florida is an Equal Opportunity Employer/Affirmative Action Employer, and does not tolerate discrimination or violence in the workplace.

Candidates requiring a reasonable accommodation, as defined by the Americans with Disabilities Act, must notify the agency hiring authority and/or People First Service Center (1-866-663-4735). Notification to the hiring authority must be made in advance to allow sufficient time to provide the accommodation.

The State of Florida supports a Drug-Free workplace. All employees are subject to reasonable suspicion drug testing in accordance with Section 112.0455, F.S., Drug-Free Workplace Act.


Nearest Major Market: Tallahassee