Ohio Department of Insurance
Insurance Contract Analyst 3 – Life & Health
Ohio Department of Insurance, Columbus, Ohio, United States, 43224
Position Overview
As an Insurance Contract Analyst 3, you will play a vital role in reviewing and analyzing insurance product submissions to ensure compliance with Ohio laws and regulations. You will work closely with insurance companies, internal teams, and senior analysts to support the regulatory review process for Life, Annuity, and Health products.
Key Responsibilities
Analyze standard Medicare Supplement, Dental, Vision, Life, and Annuity policy form submissions for compliance with state and federal laws, regulations, and department policies.
Pre-process policy form submissions and assist senior analysts with complex product reviews. Communicate with insurance companies regarding compliance issues, provide guidance to filers, and approve forms for use in Ohio.
Create and maintain compliance review tools and work management systems to support regulatory functions.
Research historical product submissions and trends using databases such as SERFF, Intellivue, and NAIC.
Prepare reports, proofread technical materials, and present findings to internal divisions such as Legal and Consumer Services.
Perform administrative and support tasks including document management, correspondence, and phone support. Provide direction to lower‑level analysts and assist with workload balancing during peak periods.
Other duties as assigned.
Qualifications 6 years of experience in the insurance field working with insurance contracts (e.g., health, life, annuities, personal lines, commercial lines) pertinent to the assigned division; 6 months of experience operating a personal computer or mainframe computer.
Or 6 courses in insurance pertinent to the assigned division; 4½ years of experience in the insurance field working with insurance contracts relevant to the division; 6 months experience operating a personal computer or mainframe computer.
Or completion of an undergraduate core program in insurance, business or mathematics; 4 years of experience in the insurance field working with insurance contracts relevant to the division; 6 months experience operating a personal computer or mainframe computer.
Or 2 years of experience as Insurance Contract Analyst 2, 66742, pertinent to the assigned division.
Or equivalent of the minimum class qualifications for employment noted above.
Job Skills Insurance
Organization Insurance
Agency Contact Kim Lowry – 614‑644‑2681
Work Location 50 W Town St
Primary Location United States of America – Ohio – Franklin County – Columbus
Compensation 33.52
Schedule Full‑time
Agency Overview The Ohio Department of Insurance (ODI) was established in 1872 as an agency charged with overseeing insurance regulations, enforcing statutes mandating consumer protections, educating consumers, and fostering the stability of insurance markets in Ohio. Today, the mission of the Ohio Department of Insurance is to provide consumer protection through education and fair but vigilant regulation while promoting a stable and competitive environment for insurers.
OPRAS Mission Statement: The mission of the Office of Product Regulation and Actuarial Services (OPRAS) is to provide consumer protection and assure compliance with all applicable insurance laws and regulations through the review of insurance product policy forms and verification that premium rates are actuarially sound.
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Key Responsibilities
Analyze standard Medicare Supplement, Dental, Vision, Life, and Annuity policy form submissions for compliance with state and federal laws, regulations, and department policies.
Pre-process policy form submissions and assist senior analysts with complex product reviews. Communicate with insurance companies regarding compliance issues, provide guidance to filers, and approve forms for use in Ohio.
Create and maintain compliance review tools and work management systems to support regulatory functions.
Research historical product submissions and trends using databases such as SERFF, Intellivue, and NAIC.
Prepare reports, proofread technical materials, and present findings to internal divisions such as Legal and Consumer Services.
Perform administrative and support tasks including document management, correspondence, and phone support. Provide direction to lower‑level analysts and assist with workload balancing during peak periods.
Other duties as assigned.
Qualifications 6 years of experience in the insurance field working with insurance contracts (e.g., health, life, annuities, personal lines, commercial lines) pertinent to the assigned division; 6 months of experience operating a personal computer or mainframe computer.
Or 6 courses in insurance pertinent to the assigned division; 4½ years of experience in the insurance field working with insurance contracts relevant to the division; 6 months experience operating a personal computer or mainframe computer.
Or completion of an undergraduate core program in insurance, business or mathematics; 4 years of experience in the insurance field working with insurance contracts relevant to the division; 6 months experience operating a personal computer or mainframe computer.
Or 2 years of experience as Insurance Contract Analyst 2, 66742, pertinent to the assigned division.
Or equivalent of the minimum class qualifications for employment noted above.
Job Skills Insurance
Organization Insurance
Agency Contact Kim Lowry – 614‑644‑2681
Work Location 50 W Town St
Primary Location United States of America – Ohio – Franklin County – Columbus
Compensation 33.52
Schedule Full‑time
Agency Overview The Ohio Department of Insurance (ODI) was established in 1872 as an agency charged with overseeing insurance regulations, enforcing statutes mandating consumer protections, educating consumers, and fostering the stability of insurance markets in Ohio. Today, the mission of the Ohio Department of Insurance is to provide consumer protection through education and fair but vigilant regulation while promoting a stable and competitive environment for insurers.
OPRAS Mission Statement: The mission of the Office of Product Regulation and Actuarial Services (OPRAS) is to provide consumer protection and assure compliance with all applicable insurance laws and regulations through the review of insurance product policy forms and verification that premium rates are actuarially sound.
#J-18808-Ljbffr