- - Consultant (Jobs in Bismarck, ND)   Requirement id 132289 Job title Consultant Job location in Bismarck, ND Skills required Financial Services, -, -, Open Date 02-Mar-2022 Close Date Job type Contract Duration 12 Months Compensation DOE Status requirement --- Job interview type ---    Email Recruiter: coolsoft Job Description Consultant: Financial Services, -, -, Start Date :May 1, 2022 Submission Deadline: :April 1, 2022, at 4:00 p.m., Central Time Client Info: Insurance Department Description: Scope of Work Overview The purchasing agency is soliciting proposals from examination contractors to provide financial and market conduct examiner services. Financial examiner services are to be performed in conjunction with the statutory financial examinations, and any limited scope financial examinations, of North Dakota domestic insurance companies during the five-year period beginning May 1, 2022, through April 30, 2027. During the same five-year period, market conduct examiner services for either targeted or comprehensive examinations are to be performed as the need arises and at the discretion of purchasing agency. The purchasing agency intends to offer contracts to as many as five or more firms who have the ability to provide up to three qualified financial and three qualified market examiners at any one time. Financial Examiners Services The financial examination assignments for a given calendar year will be agreed upon by the contractor and the project manager designated by the State. For the calendar year 2022, the examination assignments will be scheduled immediately after the contract(s) are executed. For the calendar years of 2023 through 2027, the examination assignments will be scheduled during the 4th quarter of the preceding calendar year. Changes to a current calendar year schedule will be subject to the purchasing agencys approval. Currently North Dakota has 21 domestic insurance companies, including 16 multi-state insurers, who are subject to statutory financial examinations, and potential limited scope examinations, that may be assigned to contractors over the contract period. The statutory financial examinations will utilize a risk-focused approach and will be conducted in accordance with the guidelines and procedures in the NAICs Financial Condition Examiners Handbook and in accordance with North Dakota insurance laws and regulations, the NAICs Accounting Practices and Procedures Manual, the NAICs Annual Statement Instructions, the NAICs Financial Regulation Accreditation Standards and the purchasing agencys standards. Description of Specific, Results-Oriented Tasks ? Perform a risk-focused examination adhering to the seven-phase process set out in the NAICs Financial Condition Examiners Handbook, which process is summarized as follows: 1. Understanding the company and identifying key functional activities to be reviewed; 2. Identifying and assessing inherent risk in activities; 3. Identifying and evaluating risk mitigation strategies/controls; 4. Determining residual risk; 6 5. Establishing/conducting examination procedures; 6. Updating prioritization and supervisory plan; and 7. Drafting the examination report and management letter based on findings. ? Perform a limited scope examination to review specific risk areas of an insurers financial and/or operational processes, or to determine compliance with a prior examination report; perform specific procedures as approved by the purchasing agency and prepare a report of examination that describes the objective of the examination, the overall scope of procedures applied, the examiners findings, recommendations for regulatory action and, if applicable, any conclusion on the insurers financial condition. ? Test an insurers compliance with North Dakota laws, rules and regulations in conjunction with the performance of a financial examination and as directed by the purchasing agency. ? Provide on-the-job training and professional development of the purchasing agencys staff examiners in the c   Call 502-379-4456 Ext 100 for more details. Please provide Requirement id: 132289 while calling.   Other jobs in ND: Financial Services job openings in Bismarck, ND Jobs List North Dakota Department Of Trust Lands Audits - 117-17-2 Create date: 27-Feb-2017 Start Date : 06/01/2017 Submission Deadline : 04/28/2017 Description : Title: North Dakota Department of Trust Lands Audits (Fiscal Years 2017, 18 & 19) * Special Considerations 1. The financial statements of the Department of Trust Lands will be included in the Comprehen.... 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(This job is for - Project Manager Jobs in MD Baltimore Manager - (in Baltimore, MD)) Technical Specialist 4/TS4 - 78082 Create date: 08-Dec-2020 start date:1/4/2021 End date:06/30/2021 submission deadline:Monday 12/14/20 @ 10 am EST Note: ** Interviews: digital RIVS interviews will be sent to the top 10 candidates. Then a TEAMS video interview will be next. Description: .... (This job is for - Architect Jobs in OH Columbus Specialist - (in Columbus, OH)) Senior Java Developer - 70032 Create date: 08-Dec-2020 Note: This is a markup account, please list consultants W2 hourly pay rate in the comments section when submitting. Upon offer, it is required to show consultants W2 take home pay in the Exh A. Candidate must be our W2 Employee. We should submit only GC,GC - EAD, L2-EAD,H4-EAD and Citizens. Job Description: JavaDevOps Jobs in NJ Summit Developer - (in Summit, NJ))     (Consultant: Financial Services, -, -, in Bismarck, ND)

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