State of Connecticut Executive Branch

Insurance Principal Examiner (1782AR)

$48.15-$62.58 Hourly / $3,851.42-$5,006.17 BiWeekly /
$100,522.00-$130,661.00 Yearly

PURPOSE OF JOB CLASS (NATURE OF WORK)

In the Insurance Department this class is accountable for supervising Insurance Examiners engaged in the review of rates and policy forms, investigation of complaints and/or examination of insurance company market and/or business practices for conformance with state statutes and regulations.

GUIDELINES FOR JOB CLASS USE

This is a supervisory level and distinguished from lower level Examiner classes by responsibility for full time supervision and coordination.

SUPERVISION RECEIVED

Receives general direction from an Insurance Department Division Director or other employee of higher grade.

SUPERVISION EXERCISED

Supervises Insurance Examiners and clerical staff.

EXAMPLES OF DUTIES

  • Schedules, assigns, oversees and reviews work of staff;
  • Provides staff training and assistance;
  • Conducts performance evaluations;
  • Determines priorities and plans division work;
  • Establishes and maintains division procedures;
  • Develops or makes recommendations on development of policies and standards;
  • Acts as liaison with other operating units, agencies and outside officials regarding unit policies and procedures;
  • Prepares reports and correspondence;
  • Participates in division hearings;
  • Performs supervisory duties and responsibilities over review of insurance company policy and rate filings or examination of insurance company market conduct or investigation and mediation of consumer complaint functions;
  • May be assigned supervisory duties and responsibilities over other related programs and/or functions;
  • Performs related duties as required. 

KNOWLEDGE, SKILL AND ABILITY

  • Considerable knowledge of
    • and ability to apply relevant state and federal laws, statutes and regulations;
    • relevant agency and division policies and procedures;
    • business practices and operational procedures used by all insurance licensees;
    • methods and procedures for conducting investigations and examination of insurance licensees;
    • insurance rates and rating procedures;
    • insurance policy contracts and forms and their provisions;
  • Considerable
    • interpersonal skills;
    • oral and written communication skills;
  • Ability to utilize computer software;
  • Supervisory ability.

MINIMUM QUALIFICATIONS - GENERAL EXPERIENCE

Eight (8) years of experience in one or more of the following areas: claims, claims adjusting, sales, underwriting, contract development, actuarial work, product development or agency services within the insurance industry OR governmental regulation of the insurance industry OR governmental examination of financial condition of insurance companies.

MINIMUM QUALIFICATIONS - SPECIAL EXPERIENCE

One (1) year of the General Experience must have been in a lead or consultative capacity in professional work at the level of Insurance Associate Examiner.

MINIMUM QUALIFICATIONS - SUBSTITUTIONS ALLOWED

  • College training may be substituted for the General Experience on the basis of fifteen (15) semester hours equalling one-half (1/2) year of experience to a maximum of four (4) years for a Bachelor's degree.
  • A Master's degree in insurance, business administration, economics or a closely related field may be substituted for one (1) additional year of the General Experience.
  • A Certified Life Underwriter (CLU) or Certified Property and Casualty Underwriter (CPCU) designation may be substituted for one (1) additional year of the General Experience.

SPECIAL REQUIREMENTS

  • Incumbents in this class may be required to travel.
  • Incumbents in this class may be required to possess and retain a valid Motor Vehicle Operator’s license.

JOB CLASS DESIGNATION

Classified/Competitive

OCCUPATIONAL GROUP

(15)-Insurance Programs and Control

BARGAINING UNIT

(16)-ADMIN & RESID (P-5)

EEO

(2)-Professional

SALARY INFORMATION

AR 29

ACKNOWLEDGEMENT

As defined by Sec. 5-196 of the Connecticut General Statutes, a job class is a position or group of positions that share general characteristics and are categorized under a single title for administrative purposes.  As such, a job class is not meant to be all-inclusive of every task and/or responsibility.

CANCELLATION CLAUSE

This replaces the existing specification for the class of Insurance Principal Examiner in Salary Group AR 29 approved effective February 15, 2012 (Reviewed for content and revised to modernize format and add Acknowledgement) Final No. 23-304

EFFECTIVE DATE

11/22/2023
CLASS: 1782AR; EST: 10/1/1996; REV: 11/24/2023;