Agency
Dept of Insurance
Division
Administration
Job Classification Title
Insurance Regulatory Analyst Manager (NS)
Position Number
65001866
Grade
NC22
About Us
The mission of the North Carolina Department of Insurance is to promote a stable insurance market through unbiased regulation and to protect the lives and property of every citizen in all 100 counties while fostering superior, user-friendly service, courtesy, and respect. Our agency licenses insurance agents, adjusters, bail bondsmen and more, along with investigating fraud matters involving insurance consumers and any entity or individual regulated by the Department. In an ever-changing environment, it is the vision of the Department of Insurance to maintain the stabilization of the insurance industry in order to provide more products, competitive prices and consumer protection.
Description of Work
Salary Recruitment Range: $100,795 - $144,000
Salary Grade: NC26
The posting will close at 11:59 p.m. the night before the closing date.
Primary Purpose of the Organizational Unit:
The Company Services Group within the North Carolina Department of Insurance regulates all entities engaged in the business of insurance under Chapter 58 of the North Carolina General Statutes to protect policyholders and the public. Through its Financial Examinations, Financial Analysis, Financial Oversight, and Captive Insurance Company divisions, the Group evaluates whether insurers and related entities meet solvency standards and comply with legal and regulatory requirements. Core responsibilities include conducting statutory and targeted financial examinations, analyzing financial statements and regulatory filings, reviewing licensure applications and affiliated transactions, and overseeing troubled companies or those placed into rehabilitation or liquidation.
The Group also licenses and monitors captive insurance companies, risk retention groups, and "Special Entities" such as continuing care retirement communities, professional employer organizations, and self insured employers and groups. Across all areas, the Company Services Group continually adjusts its procedures to reflect industry and regulatory developments and remains prepared to respond to emerging issues with little notice.
Primary Purpose of the Position:
The Senior Deputy advises the Chief Deputy Commissioner on major administrative and operational matters and oversees divisions within the Company Services Group. This position analyzes and recommends solutions on budget, personnel, and resource allocation issues; interprets statutes and departmental policies; and represents the Department in work groups and task forces of the National Association of Insurance Commissioners. The Senior Deputy also works with Department leadership and legislative staff to evaluate proposed legislation, assess regulatory impacts on consumers, and contribute to discussions on potential financial regulation initiatives.
Operationally, the Senior Deputy directs the Department's financial regulation activities, including financial analysis for approximately 1,600 regulated entities, company licensing reviews, financial examinations, oversight of troubled companies, and receiverships. The role also supervises analysis and licensing activities for captive insurers and risk retention groups. In carrying out these responsibilities, the Senior Deputy guides staff in evaluating statutory, procedural, and technical requirements, monitoring developments in the insurance industry and regulatory environment, and implementing changes needed to ensure effective solvency oversight and the protection of North Carolina policyholders.
Knowledge Skills and Abilities/Management Preferences
Effective July 1, 2025, candidates now meet the minimum qualifications of a position if they have the minimum education and experience listed from the class specification. The knowledge, skills, and abilities listed in the vacancy announcement should be used as management preferences and be used to screen for the most qualified pool of applicants.
Management Preferences:
• Considerable knowledge of Statutory Accounting Practices, Generally Accepted Accounting Principles, auditing theory, and company operations, the ability to evaluate complex investment vehicles or transactions, and the ability to evaluate mergers and acquisitions.
• Deep and thorough understanding of all rules and regulations governing the regulated entities.
• Knowledge or the ability to familiarize oneself with NCGSs (North Carolina General Statutes) and the ability to understand laws and apply laws to daily situations.
• Excellent communication skills are needed due to the significant contact with the public, regulated entity personnel and members of the senior management team within the Department.
• Ability to work independently and with considerable discretion within the guidelines of state laws, regulations, and policies under the direction of the Chief Deputy Commissioner.
Minimum Education and Experience
Some state job postings say you can qualify by an "equivalent combination of education and experience." If that language appears below, then you may qualify through EITHER years of education OR years of directly related experience, OR a combination of both. See the Education and Experience Equivalency Guide for details.
Bachelor's degree in accounting or a related program from an appropriately accredited institution and five (5) years of progressive experience in Agency related industry/operations, including three (3) years of supervisory experience; or an equivalent combination of training and experience.
Benefits of NC State Employment:
We value our employees and offer a wide variety of competitive and family-friendly benefits. Benefits include:
• 12 Annual paid Holidays
• North Carolina State Health Plan administered by AETNA
• Supplemental Benefits including Flexible Spending Accounts, Accident Insurance, Cancer & Specified Disease, Critical Illness, Dental and Vision
• NC State Retirement (TSERS)
• WeSave Employee Discounts
Learn more about employee perks/benefits:
• Why Work For NC?
• NC OSHR: Benefits
Supplemental and Contact Information:
For consideration for this vacancy, all applicants must complete an online application using the "APPLY" button above.
To receive credit for your work history and credentials, you must list the information on the State Application. Any information omitted from your application cannot be considered for qualifying credit.
• **Applications with "see attached" or resumes in lieu of completed education and work experience on the formal application will be deemed incomplete and will not be eligible for consideration for the vacancy***
Applications for positions requiring specific coursework must be accompanied by a copy of the applicant's transcript.
The Department of Insurance may conduct criminal history checks of all job applicants recommended for employment. Failure to accurately acknowledge information on criminal convictions on the state application form will be grounds for non-consideration of applications, disciplinary action, and possible criminal prosecution.
The Department of Insurance is an Equal Employment Opportunity employer and uses the merit-based recruitment and selection plan to fill positions subject to the State Personnel Act with the most qualified individuals.
• Academic Degrees must be from accredited institutions and will be verified. If you are selected for a position at DOI, your academic credentials will be verified.
• Applicants requesting and receiving an accommodation under the Americans with Disabilities Act (ADA) are eligible to submit paper applications via mail or by fax.
• Applicants seeking Veteran's Preference under N.C.G.S .126 must submit a DD Form 214, Certificate of Release or Discharge from Active Duty. This information may be attached to the online application or be faxed on or before the closing date.
Applicants may check the status of their application for a vacancy at any time by logging in to the government jobs system. Once the applicant has logged in, the status of each submitted application is documented next to each vacancy for which they have applied.
EEO Statement
The State of North Carolina is an Equal Employment Opportunity Employer and dedicated to providing employees with a work environment free from all forms of unlawful employment discrimination, harassment, or retaliation. The state provides reasonable accommodation to employees and applicants with disabilities; known limitations related to pregnancy, childbirth, or related medical conditions; and for religious beliefs, observances, and practices.
Recruiter:
Carlie Grace Perry
Recruiter Email:
[email protected]