FINANCIAL SPECIALIST - 43000620

Requisition No:

868793

Agency:

Office of Insurance Regulation Working Title:

FINANCIAL SPECIALIST

• #

Pay Plan:

Career Service Position Number:

#

Salary:

$59, #

Posting Closing Date:

04/16/2026 Total Compensation Estimator Tool

• OPEN COMPETITIVE EMPLOYMENT OPPORTUNITY

OFFICE OF INSURANCE REGULATION BUREAU

LIFE & HEALTH

FINANCIAL OVERSIGHT CITY

TALLAHASSEE COUNTY:

LEON The Florida Office of Insurance Regulation (OIR) strives to promote a stable and competitive insurance market for consumers. With a workforce of approximately 250 staff members, OIR regulates one of the largest, most complex insurance markets in the world. OIR offers a range of challenging and rewarding opportunities for individuals looking to grow in their careers, as well as a wide variety of top insurance-related courses and professional certifications to ensure that its staff have the industry knowledge needed to succeed. OIR employees also have access to the State of Florida's tuition waiver program, which offers educational assistance to full-time, salaried employees. As a State Agency, OIR offers excellent benefits, including health, dental, and vision insurance; retirement plans; flexible spending accounts; health savings accounts; and more. OIR also offers annual and sick leave, a generous holiday schedule, and flexible work schedules. Click the links below to see the many benefits and retirement options you have as a State of Florida employee: mybenefits.myflorida/ myfrs/ContactUs.htm

Brief Description of Duties and Responsibilities:

• This position is a part of the Office of Insurance Regulation's (OIR) Life and Health Financial Oversight Examination Unit, which conducts examinations and investigations of the affairs, transactions, accounts, records, and assets of Continuing Care Retirement Communities as required by Chapter 651, Florida Statutes.

This position requires extensive training and education and requires the employee to exercise discretion and judgement in determining the appropriate action in accordance with the Florida Statutes and Florida Administrative Code Rules.

• Actively participates as a member of the financial examination team.

Participates in the scheduling, planning, and conducting of complex and detailed statutory examinations, target examinations, and investigations (to include unauthorized entities) of Continuing Care Retirement Community providers in accordance with Chapter 651, Florida Statutes, related Florida Administrative Code Rules, and applicable OIR policies and procedures.

• Analyze and evaluate financial and other related documents, and complete examination and investigation assignments, exhibits, and work papers.

Communicate with company representatives, Department, and OIR staff, and others to obtain, compile, and review related documentation and information for statutory and rule compliance. Prepare detailed supporting work papers ensuring that: work papers and documentation demonstrate the findings, and that the examinations or investigations were conducted in accordance with applicable Florida Statutes, Florida Administrative Code Rules, and applicable OIR policies and procedures. The evaluation of financial and related documents, and the completion of examination and investigation assignments, exhibits, and work papers, require advanced knowledge of accounting, finance, and risk management.

• Prepare Draft and Final Examination Reports, Draft and Final Investigation Reports, memos, and other documents in accordance with OIR policies and procedures and as otherwise directed by the OIR.
• Maintain and update records of the status of CCRC's examinations, inivestigations and consumer complaints/inquiries. Communicate to the supervisor the progress, significant issues, and results of assigned examinations, investigations, and consumer complaints/requests for assistance.
• Review and evaluate, for OIR justification, findings relative to assigned consumer complaints/requests for assistance.

Provide recommendations to the supervisor for the scheduling of specific company examinations, opening of investigations, and initial complaint evaluation for OIR jurisdiction. Make recommendations to the supervisor and prepare a response as directed. Prepare examination call letters and related documents and monitor for receipt of requested information. Assist in responding to inquiries related to examinations, investigations, and inquiries.

• Participate in administrative hearings and other legal proceedings related to the above-described examinations and investigations, as required.
• Participate in NAIC-related activities and other professional development, as required.
• Travel to and from examination location within and outside of Florida, as required.
• Perform other related work as directed by the OIR.

Minimum Qualifications for this position include the following:

REQUIRED ENTRY LEVEL KNOWLEDGE, SKILLS, AND ABILITIES

• Knowledge of methods for locating, compiling, organizing, and analyzing financial data.
• Ability to use logic and analysis to identify and correct problems.
• Ability to use own judgement and make independent decisions.
• Ability to effectively communicate both verbally and in writing.
• Ability to establish and maintain effective working relationships with others.
• Proficient in using Microsoft Office Suite and other computer software programs.
• Knowledge of legal and department regulations affecting the operations of insurance or holding companies.
• Skill in reading, comprehending, interpreting, and applying laws, rules, regulations, policies, and procedures to determine compliance.
• Ability to conduct moderately complex examinations and special audits to determine the solvency of the company and ensure that audit objectives are met.
• Ability to continually improve knowledge of NAIC requirements, industry trends, and other matters materially affecting the examination.

This position requires a Bachelor's degree or higher from an accredited college or university with a major in accounting, finance, business, risk management, or insurance. Qualified applicants will be required to take a work sample. The annual salary for this position is $59,000.04. Employees of the Office of Insurance Regulation are paid on a monthly pay cycle. This is a non-remote on-site position located in Tallahassee, FL. 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. 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.

VETERANS' PREFERENCE.

Pursuant to Chapter 295, Florida Statutes, candidates eligible for Veterans' Preference will receive preference in employment for Career Service vacancies and are encouraged . Certain service members may be eligible to receive waivers for postsecondary educational requirements. Candidates claiming Veterans' Preference must attach supporting documentation with each submission that includes character of service (for example, DD Form 214 Member Copy #4) along with any other documentation as required by Rule 55A-7, Florida Administrative Code. Veterans' Preference documentation requirements are available by clicking here. All documentation is due by the close of the vacancy announcement.