NY HELPNo

AgencyFinancial Services, Department of

TitleExecutive Deputy Superintendent for Insurance, NS

Occupational CategoryAdministrative or General Management

Salary GradeNS

Bargaining UnitM/C - Managerial/Confidential (Unrepresented)

Salary RangeFrom $167754 to $207762 Annually

Employment Type Full-Time

Appointment Type Permanent

Jurisdictional Class Exempt Class

Travel Percentage 10%

Workweek Mon-Fri

Hours Per Week 37.5

Workday

From 8 AM

To 6 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? Yes

County New York

Street Address One State Street

City New York

StateNY

Zip Code10004

Duties Description The New York Department of Financial Services (DFS) seeks to build an equitable, transparent and resilient financial system that benefits individuals and supports business.

The Insurance Division is responsible for the supervision and regulation of the insurance industry in New York State – including nearly 2,000 insurance companies with assets of more than $6.4 trillion and more than 420,000 insurance producers. The Division is responsible for establishing standards for financial solvency, market conduct, corporate oversight, and regulation, and monitoring the compliance of regulated entities with these standards.

The Executive Deputy reports directly to the head of DFS, the Superintendent of Financial Services, and is a member of the Department’s Executive Team. The Executive Deputy is responsible for all regulatory and supervisory issues, as well as enforcement matters, related to the operating units of the Insurance Division. They determine policy and appropriate supervisory actions undertaken by the Department and represents the Superintendent and the Department in meetings with government agencies, and industry trade groups. This position requires direct contact with the Superintendent, Deputy Superintendents, staff and field examiners on a daily basis, as well as significant contact with insurance entities, attorneys, other state and federal regulatory agencies and the public.

The Insurance Division is comprised of over 600 employees divided among four Bureaus. Property Business Unit, responsible for regulating property/casualty and title insurance companies; Health Business Unit, responsible for regulating health insurers, pharmacy benefit managers as well as the fiscal solvency of accident and health insurance companies; Life Business Unit, responsible for regulating licensed life insurance companies; and the Producers Bureau, responsible for all aspects of the licensing, examination, supervision, investigation and discipline of insurance producers.

The Executive Deputy Superintendent of the Insurance Division is responsible for, but not be limited to, the following:

• Responsible for all Division regulatory operations;
• Acts as chief advisor to the Superintendent on a wide range of supervisory, transactional, regulatory, legislative, policy, enforcement and other matters related to the Insurance Division;
• Ensures that the insurance-related programs of the Governor and Superintendent are effectively and expeditiously implemented;
• Works closely with Executive management in other Divisions, including the General Counsel’s Office, Climate Division, Cyber Division, External Affairs, and others, on insurance-related decisions, projects, and initiatives;
• Oversees and serves as coordinator of the assigned risk plan; and
• Leads or participates in meetings and conferences, and generally interacts, with regulated entities or their representatives, industry organizations, the National Association of Insurance Commissioners, other governmental entities and the public on insurance-related matters.

Additional information regarding the duties will be discussed at the time of interview.

Minimum Qualifications Preferred Qualifications:

• A bachelors degree, law degree, and at least 10 years of relevant work experience in the insurance and financial services industry;
• At least 5 years of managerial supervision;
• Knowledge of insurance regulation and New York Insurance Law;
• Demonstrated ability to manage human capital and other resources to support short and long-term priorities;
• Superior written and oral communication skills, and strong analytical skills;


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 Please note that a change in negotiating unit may affect your salary, insurance and other benefits.

Salary: $167,754 - $207,762 (salary commensurate with experience)

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 $4,000 annual downstate adjustment.

Appointment Status: This is an appointment to a position in the exempt jurisdictional class.

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.

Name Nate Keiper

Telephone

Fax (518) 402-5071

Email Address NCE.Notifications@dfs.ny.gov

Address

Street One Commerce Plaza

Suite 301

City Albany

State NY

Zip Code 12257

Notes on ApplyingTo Apply: Interested qualified candidates must submit a resume and letter of interest no later than July 18, 2025 to the email address listed below. Please include Box# (Box EDSI-SDS-00104) in the subject line of your email to ensure receipt of your application. Email submissions are preferred.

Please be advised that the New York State Department of Financial Services does not offer sponsorship for employment visas.

Nate Keiper
Box EDSI-SDS-00104
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.