Ins Regulatory Insurance Services Work Values

Daily Duties at Ins Regulatory Insurance Services:

Financial Examiner on behalf of state insurance departments for financial solvency conditions of Fortune 500 insurance companies. Managed and maintained full responsibility of all phases of the financial review process including: • Verified and inspected cash reserves, expenditures, assigned resources, and maintained accurate financial records for the program. • Evaluated data processing applications for institutions under examination in order to develop recommendations for coordinating existing systems and forecasting future needs. • Investigated the specific financial records for line items such as capital for hardware and software and electronic data processing. • Coordinated and communicated findings and on-going progress with various departments and partner resources. • Reviewed applications for mergers, acquisitions, establishment of new institutions, acceptance in Federal Reserve System, or registration of securities sales in order to determine their public interest value and conformance to regulations, and recommend acceptance or rejection. • Trained other examiners in the financial examination process. • Directed and participated in formal and informal meetings with senior management, trustees, counsels, and outside accountants in order to gather information and discuss findings. • Investigated activities of institutions in order to enforce laws and regulations and to ensure legality of transactions and operations or financial solvency. • Prepared reports, exhibits and other supporting schedules that detail an institution's safety and soundness, compliance with laws and regulations, and recommended solutions to questionable financial conditions. • Recommended actions to ensure compliance with laws and regulations, or to protect solvency of institutions. • Resolved problems concerning the overall financial integrity including loan investment portfolios, capital, earnings, and specific or large troubled accounts. • Reviewed audit reports of internal and external auditors in order to monitor adequacy of scope of reports or to discover specific weaknesses in internal routines. • Reviewed balance sheets, operating income and expense accounts, and loan documentation in order to confirm assets and liabilities. Audits Completed Included: Metropolitan Life Insurance Company (New York, NY), New York Life Ins. Co.(New York, NY), General Reinsurance(Stamford, CT), ING (Atlanta, GA), General Electric (Richmond, VA), Genworth Financial, AXA (New York, NY), Royal SunAlliance, Scottish Reinsurance, and multiple subsidiaries.

What they like about Ins Regulatory Insurance Services:

Working in an organization that is technologically advanced, creative, and innovative is critical in your assessment of hiring companies. Less important to you are stability of the organization, the length of time an organization has been in business, and the business' plans for the future. You prefer a fast-moving company that will take risks to achieve its goals and objectives. The length of time the company has been in business is irrelevant. Maintaining status quo is unnecessary. You thrive on change, uncertainty and the upside of potential business risks, especially those associated with innovation. Stability for the long haul is not nearly as important as is working in an atmosphere that is charged with a sense of urgency and constant change.

Tags

Audit Software, TeamMate Software, Excel, MS Office, Java

Skills

Internal External Auditing Software , Project Management, Excel, TeamMate PwC, MS, Certified Financial Examiner

These are some of the questions we asked our climbers about their experiences with Ins Regulatory Insurance Services: