Review Vacancy
AgencyFinancial Services, Department of
TitleDeputy Chief, Health Bureau (Director Financial Services Programs 3)
Occupational CategoryOther Professional Careers
Bargaining UnitM/C - Managerial/Confidential (Unrepresented)
Salary RangeFrom $167754 to $207762 Annually
Duties Description The New York State Department of Financial Services seeks to build an equitable, transparent, and resilient financial system that benefits individuals and supports business. Through engagement, data-driven regulation and policy, and operational excellence, the Department and its employees are responsible for empowering consumers and protecting them from financial harm; ensuring the health of the entities we regulate; driving economic growth in New York through responsible innovation; and preserving the stability of the global financial system.
The Department of Financial Services is seeking candidates for the position of Deputy Chief for the Health Bureau within the Insurance Division. The Health Bureau is comprised of five units: Corporate Regulatory, Actuarial, Field Examinations, Legal, and Pharmacy Benefits. Duties include, but are not limited to, the following:
• Assists the Health Bureau Chief in overall management of the Bureau; overseeing day-to-day operations including staff supervision, project management, and hiring;
• Directs oversight of units within the Bureau, to be assigned based on candidate expertise and qualifications;
• Ensures proper regulatory compliance oversight of the health insurance industry such as financial solvency, compliance with consumer protection laws, rate and form review, new statutes and regulations, and other policy initiatives;
• Represents DFS in NAIC activities and other external regulatory, outreach, or educational activities as assigned by the Bureau Chief;
• Works with Chief Actuary and other Unit managers to evaluate actuarial and regulatory oversight functions, including functions related to review of financial solvency of regulated entities;
• Supervises various special projects as specified by Bureau Chief;
• Participates with Bureau Chief and Executive team in developing and reviewing health policy (bill proposals, regulations, and circular letters);
• Supports through action and example official policies and programs, particularly in the areas of affirmative action, performance evaluation, and employee training and development;
• Other duties as assigned.
Minimum Qualifications Preferred Qualifications
• A bachelor’s degree or higher (JD preferred) and at least 10 years of experience in the insurance or financial services industry;
• General familiarity with insurance regulation and New York Insurance Law;
• Superior written and oral communication skills;
• Strong analytical skills;
•S trong project management skills, including experience managing many time-sensitive, complex projects simultaneously.
Appointment method:
This is an appointment to a position in the exempt jurisdictional class. As such, the incumbent of this position would serve at the pleasure of the appointing authority.
Additional Comments Positions located within the New York City metropolitan area, as well as Suffolk, Nassau, Rockland, and Westchester Counties, are also eligible to receive an additional $3,400 annual downstate adjustment.
Appointment to this position is pending Governor Appointment’s Office and Division of Budget approval.
Some positions may require additional credentials or a background check to verify your identity.
Email Address NCE.Notifications@dfs.ny.gov
Address
Suite 301
Notes on ApplyingTo Apply: Interested qualified candidates must submit a resume and letter of interest no later than December 27, 2024 to the email address listed below. Please include Box# DCHB-DFSP3-10475-6 in the subject line of your email to ensure receipt of your application. Email submissions are preferred.
Nate Keiper
Box DCHB-DFSP3-10475-6
New York State Department of Financial Services
Office of Human Resources Management
One Commerce Plaza, Suite 301
Albany, NY 12257
Email: NCE.Notifications@dfs.ny.gov
Fax: (518) 402-5071
All candidates that apply may not be scheduled for an interview.
Public Service Loan Forgiveness
Employment with New York State qualifies an individual for Public Service Loan Forgiveness (PSLF). This program forgives the remaining balance on any Direct Student Loans after you have made 120 qualifying monthly payments while working full-time for a U.S. federal, state, local, or tribal government or not-for-profit organization. To learn more about the program and whether you would qualify, please visit: https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service
AMERICANS WITH DISABILITIES ACT: REASONABLE ACCOMMODATIONS
Under the Americans with Disabilities Act (ADA), the Department of Financial Services is required to provide reasonable accommodation for known physical or mental limitations of an otherwise qualified applicant with a disability if an accommodation would enable the applicant to perform the essential functions of the job. If the accommodation would constitute an undue hardship on the operations of the agency, the agency is not required to provide it.
All people with disabilities are encouraged to apply to all jobs for which they meet the minimum qualifications.