Lt. Gov. Gregory R. Francis

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Lieutenant Governor's Office
Office of Banking and Insurance
Chief Examiner

Job Description
This is regulatory work involving the supervision of insurance examiners, directing the examination of insurance companies and other related entities, and having oversight of financial analysis related thereto.

The Chief Examiner works under the general direction of the Director of Banking and Insurance


Examples of Work

Supervise professional staff by coordinating work assignments, evaluation the performance of subordinates, and providing training as deemed necessary.

Plans, organizes and directs financial examinations, as well as market conduct examinations, of insurance companies and related entities.

Supervises the quarterly and annual financial statements audits of insurance companies; and reviews and evaluates examination reports submitted by subordinates.

Communicates verbally and in writing with insurance company management and board of directors.

Reviews applications of insurance companies seeking admission to conduct business in the territory and makes recommendations relative thereto.

Develops and revises policies, procedures, and administrative directives of insurance examination procedures.

Performs related responsibilities as required or assigned.


Qualifications, Education and Experience

Master's or Bachelor's Degree in Business Administration or Financial Accounting, six years or experience in regulating the insurance industry, with at least two years in a supervisory capacity.


Knowledge, Skills and Abilities

Knowledge of the principles and practices of accounting and finance.

Knowledge of insurance laws, rules and regulations

Knowledge of the National Association of Insurance Commissioner's procedures and guidelines

Knowledge of the insurance industry

Knowledge of the operation of personal computers and the function of software used

Knowledge of the principles and practices of human resource and organizational management

Ability to plan, direct, coordinate and control the operations of several functions, programs or operations.

Ability to plan work unit objectives and operational activities and to assign and direct the work of subordinates

Ability to communicate technical information both orally and in written form

Ability to analyze financial statements to determine solvency and regulatory compliance


Inquiries regarding the Chief Examiner position should be directed to:

Deverita Sturdivant, Esq.
Director, Banking and Insurance
Office of the Lieutenant Governor
#18 Kongens Gade
St. Thomas, VI 00802
(340) 774-7166


 

 


 
 
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