Accounting Careers Trainee

Target Class: Insurance Examiner (Examination & Market Conduct)

Recruitment #210517-0034AR-002

Location

Hartford, CT

Date Opened

6/8/2021 12:00:00 AM

Salary

$52,825* - $63,596/year (*Note salary information in the Introduction)

Job Type

Open to the Public

Close Date

6/15/2021 11:59:00 PM

Go Back View Benefits

Introduction

Do you enjoy learning from specialists in your field? Does making a positive impact in Connecticut excite you? If so, we invite you to read the criteria below and apply today!

The Connecticut Insurance Department has current openings for an Accounting Careers Trainee (ACT) with a target class of Insurance Examiner (Examination & Market Conduct). These positions will be located in Hartford.

Salary Note:

Minimum Requirements	Hiring Rate	Completion of 1 year of Training
Bachelor's degree with 15 semester hours in accounting	Step 3 $52,825.00	Step 5: $56,379.00
Bachelor's degree with 30 semester hours in accounting	Step 5: $56,379.00	Step 7: $59,945.00
Master's degree in a related field and 15 credits in accounting	Step 5: $56,379.00	Step 7: $59,945.00
Master's degree in a related field and 30 semester hours in accounting	Step 6: $58,167.00	Step 7: $59,945.00

Who We Are:

The mission of the Connecticut Insurance Department is consumer protection. The Department carries out its mission by enforcing state insurance laws to ensure policyholders are treated fairly, by providing assistance, outreach and education to help consumers make sound choices and by regulating the industry in a fair and consistent manner that fosters market competition for availability of insurance. This is a trainee position.

The Role:

As an Accounting Careers Trainee you will be a part of a 1 or 2 year training program depending on your level of education. The length of the training program is 2 years for individuals with a Bachelor’s degree in accounting or in a closely related business field with at least 15 semester hours in accounting. The length of the training program is 1 year for individuals with a Master’s degree in accounting or in a closely related business field with at least 15 semester hours in accounting. The length of the training program for an individual who earns a Master’s degree in accounting or in a closely related business field with at least 15 semester hours in accounting while assigned to this classification is 1 year from the date the Master’s degree is conferred or the end of the original 2 year training period, whichever comes first.

In this role you will:

Receive training in introductory solvency regulation for development of skills and knowledge in order to qualify for advancement into a higher class.
Perform a variety of increasingly difficult duties such as evaluating insurance company license applications.
Assess the risk profile of an insurer.

Work-Life Balance & Employee Value Proposition (EVP): Full-time 40 hours per week, Monday through Friday.

What’s in It For You- Leading Comprehensive Benefits: Competitive salary structure, excellent health & dental coverage, generous vacation, personal, and sick time, retirement plan options & more!

Selection Plan

In order to be considered for this job opening, you must meet the Minimum Qualifications as listed on the job opening. You must specify your qualifications on your application.

Please ensure that your application is complete, you will not be able to make revisions once you submit your application into the JobAps system.

The minimum experience and training requirements must be met by the close date on the job opening, unless otherwise specified.

This posting may require completion of additional referral questions (RQs) which will be sent to you via email after the closing date. The email notification will include an expiration date by which you must submit (Finish) your responses. Please regularly check your email for notifications. Please check your SPAM and/or Junk folders, as emails could end up there in error.

The immediate vacancy is listed above, however, applications to this recruitment may be used for future vacancies in this job class.

NOTE: At any point during the recruitment process, applicants may be required to submit additional documentation which support their qualification(s) for this position. These documents may include: a cover letter, performance reviews, supervisory references, college transcripts, licensure, etc., at the discretion of the hiring agency.

Interviews will be limited to candidates whose experience and training most closely meet the requirements of the position.

Should you have questions regarding this recruitment please contact Jennifer Neumann at Jennifer.Neumann@ct.gov and reference the recruitment number.

PURPOSE OF JOB CLASS (NATURE OF WORK)

In a state agency this class is accountable for mastering the skills necessary to satisfactorily complete the training program for a professional accounting or auditing position.

EXAMPLES OF DUTIES

Receives training in introductory accounting or auditing work for development of skills and knowledge in order to qualify for advancement into a professional agency accounting or auditing position; performs a variety of increasingly difficult duties as skills are acquired during the course of the training period; examines financial records of insurance companies and accounting methods and procedures to ensure compliance with statutes, regulations to ensure not a solvency risk; performs related duties as required.

KNOWLEDGE, SKILL AND ABILITY

Knowledge of accounting and auditing principles and practices; knowledge of business mathematics and statistics; some knowledge of business uses of information technology; some knowledge of effective report writing; ability to read and understand written materials; ability to utilize computer software.

MINIMUM QUALIFICATIONS

Possession of a Bachelor's or Master's degree in accounting or in a closely related business field with at least 15 semester hours in accounting.

PREFERRED QUALIFICATIONS

The successful candidate will possess:

Experience or coursework with audits and risk principles.
Experience or coursework in report writing, reading and interpreting procedures.
Experience or coursework in reading, analyzing and evaluating information to reach a conclusion.

Conclusion

AN AFFIRMATIVE ACTION/EQUAL OPPORTUNITY EMPLOYER

The State of Connecticut is an equal opportunity/affirmative action employer and strongly encourages the applications of women, minorities, and persons with disabilities.