Insurance Contract Analyst 5

• All job postings will expire at 11:59 PM Eastern Time on the application deadline.
• Organization: Insurance
• Agency Contact Name and Information: Kim Lowry 614-644-2681

Work Location

• Compensation: 40.59
• Schedule: Permanent - Full Time
• Work Hours: Monday - Friday 8am - 5 pm
• Classified Indicator: Classified
• Union: OCSEA
• Primary Job Skill: Insurance

About Us

• 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.
• Please visit our website Department of Insurance and also find us on LinkedIn.
• 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.
• OPRAS is seeking one senior level contract analyst.
• This position is considered advanced and requires strong analytical skills and
• the ability to manage multiple assignments. The ideal candidate
• will be knowledgeable in commercial health and life insurance products and
• related Ohio and Federal insurance laws.
• As a Contract Analyst 5, your key responsibilities would
• include but are not limited to:
• Analyzing complex life and health insurance policy form submissions for compliance with state and federal laws and policies;
• Notifying insurance companies of compliance issues with their proposed policies and other forms, providing necessary information to the filers, and approving forms for use in Ohio;
• Researching and understanding relevant compliance requirements;
• Creating and maintaining compliance review tools and work management tools to aid in assigned responsibilities; and
• Assisting lower level insurance contract analysts.

Why Work for the State of Ohio

At the State of Ohio, we take care of the team that cares for Ohioans. We provide a variety of quality, competitive benefits to eligible full-time and part-time employees*. For a list of all the State of Ohio Benefits, visit our Total Rewards website! Our benefits package includes:

Medical Coverage

• Free Dental, Vision and Basic Life Insurance premiums after completion of eligibility period
• Paid time off, including vacation, personal, sick leave and 11 paid holidays per year
• Childbirth, Adoption, and Foster Care leave
• Education and Development Opportunities (Employee Development Funds, Public Service Loan Forgiveness, and more)
• Public Retirement Systems (such as OPERS, STRS, SERS, and HPRS) & Optional Deferred Compensation (Ohio Deferred Compensation)
• *Benefits eligibility is dependent on a number of factors. The Agency Contact listed above will be able to provide specific benefits information for this position.

Qualifications

10 yrs. exp. in insurance field working with contracts & with insurance product development responsibility (e.g., health life annuities personal lines commercial lines) pertinent to assigned division (e.g., for positions in managed care division, exp. must be in managed care field, for positions in property & casualty division, exp. must be in property & casualty field, for positions in life & health division, exp. must be in life & health field) including responsibility for compliance with recognized state & federal laws, regulations & standards 6 mos. exp. in operation of personal computer or mainframe computer.

-Or 10 courses in insurance pertinent to assigned division (e.g., for positions in managed care division, courses must be in managed care field, for positions in property & casualty division, courses must be in property & casualty field, for positions in life & health division, courses must be in life & health field) 7 1/2 yrs. exp. in insurance field working with contracts & with insurance product development responsibility (e.g., health life annuities personal lines commercial lines) pertinent to assigned division (e.g., for positions in managed care division, exp. must be in managed care field, for positions in property & casualty division, exp. must be in property & casualty field, for positions in life & health division, exp. must be in life & health field) including responsibility for compliance with recognized state & federal laws, regulations & standards 6 mos. exp. in operation of personal computer or mainframe computer.

-Or completion of undergraduate core program in insurance, business or mathematics 8 yrs. exp. in insurance field working with contracts & with insurance product development responsibility (e.g., health life annuities personal lines commercial lines) pertinent to assigned division (e.g., for positions in managed care division, exp. must be in managed care field, for positions in property & casualty division, exp. must be in property & casualty field, for positions in life & health division, exp. must be in life & health field) including responsibility for compliance with recognized state & federal laws, regulations & standards 6 mos. exp. in operation of personal computer or mainframe computer.

-Or 2 yrs. exp. as Insurance Contract Analyst 4, 66744, pertinent to assigned division (e.g., for positions in managed care division, exp. must be in managed care division, for positions in property & casualty division, exp. must be in property & casualty division, for positions in life & health division, exp. must be in life & health division).

-Or equivalent of Minimum Class Qualifications For Employment noted above.

Job Skills: Insurance

ADA Statement

Ohio is a Disability Inclusion State and strives to be a model employer of individuals with disabilities. The State of Ohio is committed to providing access and inclusion and reasonable accommodation in its services, activities, programs and employment opportunities in accordance with the Americans with Disabilities Act (ADA) and other applicable laws.

Drug-Free Workplace

The State of Ohio is a drug-free workplace which prohibits the use of marijuana (recreational marijuana/non-medical cannabis). Please note, this position may be subject to additional restrictions pursuant to the State of Ohio Drug-Free Workplace Policy (HR-39), and as outlined in the posting.