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Analyze Data Consultant
(Jobs in Bismarck, ND)
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Requirement id 119792
Job title Consultant
Job location in Bismarck, ND
Skills required IT Environment, FINANCIAL APPLICATION, System Customization, Analyze Data
Open Date 14-Oct-2021
Close Date
Job type Contract
Duration 12 Months
Compensation DOE
Status requirement ---
Job interview type ---
   Email Recruiter: coolsoft
Job Description Consultant: IT Environment, FINANCIAL APPLICATION, System Customization, Analyze Data

Start Date :10/29/2021

Submission Deadline :11/22/2021 04:00 PM CT

Client Info : Insurance Department

Description :

Scope of Work
Overview
The purchasing agency is soliciting proposals from examination contractors to provide
information technology examiner services 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 February 1, 2022, through January
31, 2027.
The purchasing agency intends to offer contracts to at least five vendors (individuals or firms)
who can provide the services of one or more information technology examiners who meet the
criteria for performing general IT reviews as set out in the NAICs Financial Condition Examiners
Handbook. The examination assignments for a given calendar year will be agreed upon by the
contractor and the project manager designated by the State and 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 18 domestic insurance companies which include 14 multi-state
insurers who are subject to the general IT review requirements for the statutory financial
examinations to be scheduled 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.
Computer-generated data and reports typically form the basis for an insurance companys key
operating information and recorded financial statement balances. The accuracy of this
information depends on the programs and the data files from which they are produced.
Accordingly, an evaluation of a companys systems should consider the elements of internal
control in a computerized accounting system, including general controls over development of
and changes to computer programs and data file access, and application controls over the
results of computer processing as well as the companys processes to assure the controls are
both adequate and effective.
Description of Specific, Results-Oriented Tasks
The information technology examiner will be required to adhere to the process set out in the
NAICs Financial Condition Examiners Handbook for performing and completing a general IT
review. Such process is summarized as follows:
? Gather Necessary IT Planning Information – Request that the insurer complete the
Information Technology Planning Questionnaire (ITPQ), and obtain access to other
relevant information including prior examination work papers, work on IT systems
performed by internal/external auditors or consultants, and information maintained by the
insurance departments financial analysts.
? Review Information Gathered – Review the information obtained in order to plan and
determine the scope of the general IT risks to be evaluated.
11
? Request Insurer Control Information and Complete IT Review Planning – Customize the
standard work program (Evaluation of Controls in IT Work Program) to include only the
general IT risks that are of concern for the insurer under examination; request
information supporting the IT controls in place to mitigate risks; review the company
responses, considering the adequacy of the controls identifie
 
Call 502-379-4456 Ext 100 for more details. Please provide Requirement id: 119792 while calling.
 
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(Consultant: IT Environment, FINANCIAL APPLICATION, System Customization, Analyze Data in Bismarck, ND)
     
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