INSURANCE ANALYST SPECIALIST

Position Overview

The Illinois Department of Insurance is seeking to hire an Insurance Analyst Specialist.  This position performs technical duties in the review and analysis of documentation submitted by providers of pre-licensing and continuing education programs for compliance with licensing laws and Rules; confers with and advises education providers, provider applicants, licensees and licensee applicants, premium finance companies, third party administrators, public adjusters, public adjuster business entities, employee leasing companies, third party prescription administrators, viatical settlement providers, health care purchasing groups, car rental limited lines, self-storage facility limited lines and portable electronics limited lines and other pertinent parties regarding licensing and education requirements provided for the Illinois Insurance Code, Administrative Code and Departmental procedures; receives and processes applications of providers continuing education course approvals and administrative applications; interacts with education providers and test vendors regarding non-compliance or discrepancies in information provided; inputs education and examination data into State Based Systems; assigns and reviews work of lower level insurance analysts, trainees or clerical support.  We invite all qualified applicants to apply.

Why Work for Illinois?

Working with the State of Illinois is a testament to the values of compassion, equity, and dedication that define our state. Whether you’re helping to improve schools, protect our natural resources, or support families in need, you’re part of something bigger—something that touches the lives of every person who calls Illinois home.

No matter what state career you’re looking for, we offer jobs that fit your life and your schedule—flexible jobs that provide the gold standard of benefits. Our employees can take advantage of various avenues to advance their careers and realize their dreams. Our top-tier benefits and great retirement packages can help you build a rewarding career and lasting future with the State of Illinois.

Essential Functions

• Reviews on-line applications for request for Certification of Pre-licensing Courses and requests for Certification of Continuing Education Courses through State Based Systems, course outlines, course books and various supporting information and documentation submitted by the provider seeking certification of pre-licensing and continuing education for compliance with Illinois Administrative Rule 3119 and Article XXXI for the Illinois Insurance Code
• Assigns and reviews work of lower-level insurance analysts, trainees, or clerical support
• Receives, reviews, and processes the more difficult and complex applications and responds to technical inquiries concerning licensing of premium finance companies, third party administrators, public adjusters, public adjuster business entities, employee leasing companies, third party prescription administrators, viatical settlement providers, healthcare purchasing groups, car rental limited lines, self-storage facility limited lines and portable electronics limited lines.
• Responds to telephone, written and electronic inquiries received from providers, potential providers and other interested parties for information related to education requirements
• Reviews and analyzes licensing and education records through State Based Systems of producers which are identified by licensing staff as having potential problems, irregularities, or omissions
• Communicates with public adjusters through telephone, e-mail, and written correspondence regarding the initial application process in regard to obtaining fingerprints through the Illinois State Police and bonding requirements.
• Performs other duties as required or assigned which are reasonably within the scope of the duties enumerated above.

Minimum Qualifications

• Requires knowledge, skill, and mental development equivalent to completion of four years of high school.
• Requires one year of professional experience as an Insurance Analyst or two years of experience in the insurance industry.

Preferred Qualifications

• Prefers at least two (2) years of experience gaining extensive knowledge of the Insurance Code and rules, regulations, and procedures and processes pursuant thereto, particularly as related to Provider Education, Producer Licensing, Administrative licensing, and licensing requirements.  
• Prefers at least two (2) years of experience gaining working knowledge of office methods and procedures. 
• Prefers at least two (2) years of experience gaining extensive knowledge of the functions, products, and services of the department. 
• Prefers at least two (2) years of experience acquiring the ability to analyze and determine facts, information, and data to make correct and accurate decisions and conclusions.  
• Prefers at least (2) years of experience acquiring the ability to write letters and reports containing descriptive and quantitative inclusions.  
• Prefers at least two (2) years of experience with producer education and licensing requirements.  
• Prefers at least two (2) years of working experience to acquire knowledge of State Based Systems.
 

Conditions of Employment

• Requires the ability to pass a background check.
• The conditions of employment listed here are incorporated and related to any of the job duties as listed in the job description.

About the Agency

The Department of Insurance (DOI) regulates the insurance market in the State of Illinois including, but not limited to, licensing and educating insurance agents, investigating Workers Compensation fraud, and examining the operations and finances of insurance companies domiciled in the state. We are committed to protecting consumers and regulating the insurance industry with innovation and efficiency. DOI has approximately 220 employees who are split between our Chicago and Springfield offices.

State of Illinois employees enjoy a robust benefit package, including:

• Health, Life, Vision, and Dental Insurance
• 13 Paid Holidays annually, 14 on even numbered years
• 10-25 days of Paid Vacation time annually - (10 days in year one of employment)
• 12 Paid Sick Days annually (sick days carry over from year to year)
• 12 Weeks Paid Maternity/Paternity Leave
• 3 Paid Personal Days annually
• Pension Plan
• Deferred Compensation Program and other pre-tax benefit programs (Medical/Daycare)
• Flexible work schedules may be available, dependent upon position
• Tuition Reimbursement Program and Federal Public Service Loan Forgiveness Program eligibility

Visit https://www2.illinois.gov/cms/benefits/Pages/default.aspx for more information about our benefits.