Audits Manager 1

Mission Statement:

This position is located in the Office of Financial Regulation and Solvency/Examinations.

Under the direction of the Chief Financial Examiner, theLead Financial Examiner (Audits Manager I)serves as a senior-level technical resource responsible for planning, conducting, and reviewing financial examinations of domestic insurers, both Traditional and Captive, as well as HMOs, to ensure compliance with South Carolina insurance statutes, regulations, and the National Association of Insurance Commissioners (NAIC) Examiners Handbook and Accounting Guidance.

Using NAIC guidance, the Lead Financial Examiner:

• Plans and conducts financial examinations in accordance with established Department procedures and NAIC guidelines.
• Interprets State laws, regulations, and NAIC guidelines.
• Prepares and follows detailed examination work plans and ensures accurate workpaper documentation.
• Reviews and approves examination workpapers prepared by other examiners and Examiner in Charge (EIC) as directed.
• Provides professional and technical advice to top agency management based on examination findings.
• Confers with company representatives and Department leadership regarding examination results.
• Develops recommendations for regulatory action.

• Bachelor’s degree in mathematics, accounting, insurance, business administration, or economics, with at least 18 hours of accounting required.
• Prior auditing experience at a CPA firmOR
• Prior insurance regulatory experience that included leading examination teamsOR
• Prior experience performing lead or review responsibilities for examination or audit teams.
• Certified Financial Examiner (CFE) designation required at the time of hire or within designated timeframe determined by the Department.

One or more of the following preferred:

• CPA designation
• Master's degree in accounting

Utilization of TeamMate software for examination work.

Educational Credentials:

Applicants indicating college credit or degree(s) on the application will be required to submit a sealed, certified copy of the transcript(s) prior to beginning employment. Failure to produce an official, certified transcript will result in any conditional offer of employment being rescinded.

Equal Opportunity Employer:

It is the policy of the South Carolina Department of Insurance to provide equal employment opportunities to all job applicants and employees without regard to their race, color, religion, national origin, sex (including, but not limited to, pregnancy, childbirth or related medical conditions and lactation), disability or age.

Veteran Preference Statement:

South Carolina is making our Veterans a priority for employment in state agencies and institutions.

The Department of Insurance offers an exceptional benefits package for FTE positions that includes:

• Health, Dental, Vision, Long Term Disability, and Life Insurance for Employee, Spouse, and Children
• 15 days annual (vacation) leave per year
• 15 days sick leave per year
• 13 paid holidays
• State Retirement Plan (pension plan option) and Deferred Compensation Programs
• Employee Assistance Program
  • Free counseling sessions for employees and household members
  • Free legal counseling
  • Free financial counseling
• Flexible Work Schedules
  • Compressed work weeks
  • Part-time telecommuting
  • Flex-time
  • Contingent upon completing required probationary period
• Free Gym Access
• Growth Opportunities
  • Certifications/designation program allowing for salary increases and bonuses
• Infants at Work Program
  • Employees eligible to bring their newborn/infant to the workplace
• Free Parking