Legal Counsel to the Company Regulation Bureau, Iowa Insurance Division
State of Iowa See More Job Openings by This Employer
- Full Time
- $79,601.60 - $122,428.80/year
- Remote
- Des Moines - 50315 - Polk County, IA
- Job Description
This is a non-merit position. Candidates must follow the instructions in the "To Apply" section. Positions in this class are exempt from the screening and referral requirements of the Iowa Department of Administrative Services - Human Resources Enterprise.
The Iowa Insurance Division is currently seeking an attorney to join the Company Regulation Bureau. The Company Regulation Bureau (CREG) is responsible for the solvency of insurers doing business in Iowa.
This position is classified as an Insurance Examiner 3.
The Company Regulation Counsel will be responsible for the following duties:
• Research statutes, legal opinions, policies, regulations, legal texts; drafts letters, memos, and opinions.
• Perform legal review and analysis and make recommendations of regulatory filings, including prior notice of transactions pursuant to Iowa Code chapter 521A, made by insurers regarding compliance with Iowa law and Accounting Practices.
• Review articles of incorporation and by laws of Iowa domiciled insurers to determine compliance with Iowa statutes and regulations; work with the Secretary of State’s Office and companies to appropriately file them.
• Respond to requests for information on requirements of insurance laws and regulations and statutory accounting principles.
• Coordinate public records requests involving Company Regulation data.
• Collaborate with subject matter experts and other Bureaus within the Insurance Division to gain additional insight into complex or unusual topics.
The Company Regulation Counsel will work closely with the Chief Examiner and Deputy Commissioner; actuarial and analysis staff; and the Division’s General Counsel. An ideal candidate will have an accounting or financial background and experience with representing government agencies.
Successful candidates will demonstrate: A strong legal foundation; Attention to detail; Ability to meet critical timeframes; Intellectual and conceptual ability to think critically in order to make decisions, which includes measuring, calculating, reasoning, analyzing, prioritizing and synthesizing data; Maintain effective, respectful working relationships with regulated entities and individuals, trade associations, and legislators; Complete multiple tasks accurately and within assigned periods; Ability to document adequate notes to record actions and the information gathered to document work performed; Proficient in use of personal computers, peripheral equipment and various software packages, including Google Workspace and the Microsoft Office Suite; ability to work both independently and with a team.
The Iowa Insurance Division offers a strong team culture and a respect for work-life balance. We have a competitive total compensation package for all our full-time employees, including:
• Iowa Public Employees Retirement System (IPERS)
• Retirement Investors Club (RIC)
• Health, Dental and Vision Insurance
• Vacation and Sick Leave
• Paid Holidays (9 days/year)
• Hybrid Telework opportunitiesE-Verify and Right to Work
The State of Iowa participates in E-Verify, a federal program that helps employers confirm the employment eligibility of all newly hired employees. Within the required timeframe, new hires will be verified through the E-Verify system to ensure authorization to work in the United States. The State of Iowa also complies with the federal Right to Work laws, which protect employees’ rights to work without being required to join a labor organization. For more information, please visit www.e-verify.gov
- Minimum Qualification Requirements
Applicants must meet at least one of the following minimum requirements to qualify for positions in this job classification:
- Graduation from an accredited four-year college or university with a degree in insurance, accounting, actuarial science, risk management, finance, or business, and experience equal to three years of full-time work in insurance industry examination, financial analysis, quality assurance, enterprise risk management, or corporate governance.
- Graduation from an accredited college or university with a law degree, and possession of a license to practice law in Iowa.
- All of the following (a and b):
- A total of four years of education and/or full-time experience, where thirty semester hours of accredited college or university course work in insurance, degree in insurance, accounting, actuarial science, risk management, finance, or business equals one year of full-time experience in insurance industry examination, financial analysis, quality assurance, enterprise risk management, or corporate governance; and
- A total of three years of graduate-level education and/or full-time experience (as described in part a), where twenty-four semester hours of accredited graduate college or university coursework in business, law, actuarial science, computer science, or pharmaceutical science equals one year of full-time experience.
- Current, continuous experience in the state executive branch that includes one year of full-time work as an Insurance Examiner 2.
For additional information, please click on this- Additional Qualification Requirements
Travel, including overnight, out-of-state, and international travel, may be required for positions in this class. Employees must arrange transportation to and from assigned work areas.
- $79,601.60 - $122,428.80/year
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