60013620-Insurance Regulatory Analyst II
Salary Recruitment Range - $67,122-$72,995
Salary Grade - NC19
*Re-post, current applicants are still under consideration and do not need to reapply*
This position currently qualifies for a hybrid telework option with routine office and up to one remote workday per week. The NC Department of Insurance trusts our employees to be self-motivated and successful in hybrid/remote roles. Telework options are subject to change at the discretion of management.
Minimum Education and Experience
Bachelor’s degree in business or economics or a related program from an appropriately accredited institution and four years of experience in policy and rate examinations, underwriting, claims adjusting work, or financial/marketing analysis; or an equivalent combination of training and experience.
Primary Purpose of the Position
The review and approval/disapproval of rate, rule, and form filings by insurance companies, joint underwriting associations, and statistical organizations for all types of property and casualty insurance (i.e. automobile, fire, general liability), and the review and analysis of premium and loss statistics received from those entities.
The employee conducts detailed reviews of property and casualty insurance rate filings, focusing on the mathematical accuracy of statistical data, the proper application of rating principles, and compliance with statutes and departmental regulations Their work includes preparing and distributing correspondence through SERFF, and when filings involve unusually complex or technical issues, they coordinate additional review by senior analysts or division leadership.
In addition to rate filings, the employee examines “non‑standard” policy forms submitted independently by insurance companies to ensure clarity, conformity with North Carolina statutes, and alignment with departmental requirements. They also maintain regular communication with industry representatives and occasionally explain filings to members of the public. Their responsibilities extend to conducting more detailed statistical studies, assisting other divisions with technical questions, and helping train and review the work of junior analysts to ensure consistency and accuracy across the team.