Financial Analysis Intern

#JR66711-The Oklahoma Insurance Department has an opening in the Financial Division for a Financial Analyst Intern. The hourly rate for this position is $17.51. This position is open until filled. To apply: Go to Temporary-Financial and click “Apply” at the top of the posting. Please read the instructions carefully and include all required documents when you submit your application.

DEFINITION
The Financial Analysis Intern will have the opportunity to gain practical experience in insurance regulation, financial oversight, and regulatory operations while working alongside experienced insurance professionals to ensure compliance with applicable Oklahoma statutes and regulations.

JOB DUTIES
Under the guidance of Financial Analysis Division staff, the intern will assist with a variety of regulatory and administrative responsibilities, including:

• Assist in reviewing insurance company filings, applications, and regulatory submissions for completeness, accuracy, and compliance with applicable requirements.
• Support the processing of regulatory filings involving insurance company name changes, changes in authority, mergers, acquisitions, and other corporate transactions.
• Assist with reviewing annual filings, renewals, and related documentation, including applicable regulatory fees.
• Maintain and update company records, regulatory information, and internal tracking systems.
• Assist with researching regulatory requirements and reviewing financial or operational information, as assigned.
• Communicate professionally with insurance companies and other stakeholders to obtain information and resolve routine filing questions.
• Participate in special projects and other activities supporting the Financial Analysis Division.

KNOWLEDGE, SKILLS AND ABILITIES
The ideal candidate will demonstrate:

• Strong attention to detail, organization, and time management.
• Analytical and critical-thinking skills.
• Effective written and verbal communication skills.
• Ability to review information for accuracy and identify inconsistencies.
• Proficiency in Office 365, including Excel, Word, and Outlook.
• Ability to work independently and collaboratively in a professional environment.
• Interest in learning about insurance regulation, financial analysis, and public service.

EDUCATION AND EXPERIENCE
Applicants enrolled in a Bachelor’s degree program in the following fields of study preferred, Insurance, Finance, Business, Accounting, Economics, or Actuarial.

Note: The selected applicant must pass a background check. Individuals may be required to pursue NAIC designations as job duties require. Upon hire, any applicant who is licensed as a producer/agent, adjuster or is otherwise affiliated with any entity that is regulated by the department must surrender their license and terminate any financial or non-financial affiliation with the entity that is regulated by the department.

The State of Oklahoma is an equal opportunity employer and does not discriminate on the basis of genetic information, race, religion, color, sex, age, national origin, or disability.