Administrative, planning, supervisory and technical work involving examination of the financial condition and market practices of insurers.
Supervision is exercised over professional, technical, and clerical employees.
Work is performed under the general direction of the Deputy Commissioner of Insurance but with significant interaction with management level staff of insurer organizations. Conducts long-range planning and prepares specific strategies for developing or obtaining resources to meet plan goals. Evaluates proposed plans and results of the examination function on the solvency and equity of the insurance industry in Vermont. Develops examination programs and schedules financial field examinations, audits, and analyses of the financial condition and market conduct of traditional or captive insurance companies, risk retention groups, fraternal benefit societies and hospital and medical service corporations in accordance with statutory requirements. Reviews the examination report and provides the final technical sign-off of the examination, following discussion and deliberation with the Senior Insurance Examiner.