Supplemental Information
This vacancy is located in the Office of Financial Solvency/Financial Examinations/Analysis Division and will be filled by promotion only with a current permanent employee of the Department of Insurance.
No Civil Service test score is required in order to be considered for this vacancy.
To apply for this vacancy, click on the “Apply” link above and complete an electronic application, which can be used for this vacancy as well as future job opportunities. Applicants are responsible for checking the status of their application to determine where they are in the recruitment process. Further status message information is located under the Information section of the Current Job Opportunities page.
Resumes WILL NOT be accepted in lieu of completed education and experience sections on your application. Applications may be rejected if incomplete.
For Further Information About This Vacancy Contact:
Phillip Donagriche
Louisiana Department of Insurance
P.O. Box 94214
Baton Rouge, LA 70804
Phillip.Donagriche@ldi.la.gov
The LA Department of Insurance is a State As a Model Employer (SAME) agency that supports improved employment opportunities for individuals with disabilities.
Minimum Qualifications
MINIMUM QUALIFICATIONS:
Seven years of experience in accounting, auditing, banking, compliance management, financial operations, or insurance; OR
Six years of full-time experience in any field plus nine semester hours in accounting and an additional fifteen semester hours in accounting, economics, finance, business law, insurance, statistics, financial analysis, or money and banking plus four years of experience in accounting, auditing, banking, compliance management, financial operations, or insurance; OR
A bachelor’s degree with nine semester hours in accounting and an additional fifteen semester hours in accounting, economics, finance, business law, insurance, statistics, financial analysis, or money and banking plus four years of experience in accounting, auditing, banking, compliance management, financial operations, or insurance; OR
A bachelor’s degree in accounting, auditing, finance, business administration, management, economics, or statistics plus four years of experience in accounting, auditing, banking, compliance management, financial operations, or insurance; OR
An advanced degree in accounting, auditing, finance, business or public administration, management, economics, quantitative methods, or statistics plus three years of experience in accounting, auditing, banking, compliance management, financial operations, or insurance; OR
A Certified Public Accountant (CPA) license, Certified Financial Examiner (CFE), Certified Fraud Examiner (CFE), or Certified Internal Auditor (CIA) designation plus two years of experience in accounting, auditing, banking, compliance management, financial operations, or insurance.
Job Concepts
Function Of Work:
To review examination reports to ensure adequacy of examinations and monitor the overall financial status of a group of financial service providers or insurance companies.
Level Of Work:
Program Manager.
Supervision Received:
Generally from a Compliance Examiner Deputy Chief or other higher-level manager or administrator.
Supervision Exercised:
Functional over Compliance Examiners 1-4.
Location of Work:
Primarily used by the Department of Insurance and Office of Financial Institutions (OFI).
Job Distinctions:
Differs from the Compliance Examiner 4 by responsibility for programmatic management over a group of institutions.
Differs from the Compliance Examiner Assistant Manager or higher-level staff by the absence of responsibility for management of examination and licensing operations and direct supervisory responsibility.
Examples of Work
EXAMPLES BELOW ARE A BRIEF SAMPLE OF COMMON DUTIES ASSOCIATED WITH THIS JOB TITLE. NOT ALL POSSIBLE TASKS ARE INCLUDED.
Reviews various reports of examination submitted by Compliance Examiners to ensure the following: valid conclusions are drawn regarding the overall condition and the safety and soundness of the institution; standard examination procedures are followed; report schedules are uniformly completed; and state and federal laws are appropriately cited and uniformly enforced.
Consults with Compliance Examiners responsible for examination reports to clarify and obtain additional information; edits and revises reports as necessary.
Drafts transmittal letter to examined institution summarizing the findings of the report.
Recommends and drafts proposed enforcement actions. Coordinates with the FDIC to address areas of concern for problem institutions.
Analyzes and provides recommendations on applications, licenses, renewals, registrations, notifications, and other request.
Reviews, researches, and responds to correspondence and phone calls from executive management of regulated entities, the general public, CPAs, attorneys, other regulatory authorities, and state and federal counterparts regarding interpretation of laws, regulations, and other issues. Meets with these parties as necessary.
Louisiana State Government represents a wide variety of career options and offers an outstanding opportunity to
make a difference through public service. With an array of career opportunities in every major metropolitan center and in many rural areas, state employment provides an outstanding option to begin or continue your career.
As a State Employee, You Will Earn Competitive Pay, Choose From a Variety Of Benefits, And Have Access To a Great Professional Development Program:
Insurance Coverage More information can be found at https://info.groupbenefits.org/
Parental Leave – Up to six weeks paid parental leave
More information can be found at https://www.civilservice.louisiana.gov/Parental-Leave/Default.aspx
Holidays and Leave – State employees receive the following paid holidays each year:
- New Year's Day
- Martin Luther King, Jr. Day,
- Mardi Gras,
- Good Friday,
- Memorial Day,
- Independence Day,
- Labor Day,
- Veteran's Day,
- Thanksgiving Day and Christmas Day.
- Additional holidays may be proclaimed by the Governor
State employees earn sick and annual leave which can be accumulated and saved for future use. Your accrual rate increases as your years of service increase.
Retirement – State Of Louisiana Employees Are Eligible To Participate In Various Retirement Systems (based On The Type Of Appointment And Agency For Which An Employee Works). These Retirement Systems Provide Retirement Allowances And Other Benefits For State Officers And Employees And Their Beneficiaries. State Retirement Systems May Include (but Are Not Limited To):
- Louisiana State Employees Retirement System (www.lasersonline.org). LASERS has provided this video to give you more detailed information about their system
- Teacher's Retirement System of Louisiana (www.trsl.org),
- Louisiana School Employees Retirement System (www.lsers.net), among others
01
Are you a current permanent employee of the Louisiana Department of Insurance?
02
Do you have at least 9 semester hours in accounting from an accredited institution?
03
If you answered "yes" to the previous question, please indicate the course titles, semester hours earned, and the institution. If you answered "no" to the previous question, please enter N/A. (Ex. ACCT 2001 – Introductory Financial Accounting – 3 hrs - LSU) NOTE: Failure to list all specific courses may result in your application being considered incomplete.
04
Do you have an additional 15 semester hours in any one or combination of the following: accounting, economics, finance, business law, insurance, statistics, financial analysis, or money and banking?
05
If you answered "yes" to the previous question, please indicate the course titles, semester hours earned, and the institution. If you answered "no" to the previous question, please enter N/A . (Ex. ACCT 2001 – Introductory Financial Accounting – 3 hrs - LSU) NOTE: Failure to list all specific courses may result in your application being considered incomplete.
06
Do you possess any of the following designations/certifications? This information should also be included in the Certificates/Licenses section of your application.
- Certified Public Accountant (CPA)
- Certified Fraud Examiner (CFE)
- Certified Internal Auditor (CIA)
- Certified Information Systems Auditor (CISA)
- Certified Government Audit Professional (CGAP)
- None of the above
- Required Question
