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Review Vacancy

Date Posted 10/01/19

Applications Due02/04/20

Vacancy ID74609

AgencyFinancial Services, Department of

TitleDeputy Superintendent for Life Bureau

Occupational CategoryAdministrative or General Management

Salary GradeNS

Bargaining UnitM/C - Management / Confidential (Unrepresented)

Salary RangeFrom $149004 to $184540 Annually

Employment Type Full-Time

Appointment Type Permanent

Jurisdictional Class Exempt Class

Travel Percentage 0%

Workweek Mon-Fri

Hours Per Week 37.50

Workday

From 9 AM

To 5 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? No

County New York

Street Address One State Street

City New York City

StateNY

Zip Code10004

Minimum Qualifications Preferred Qualifications:

At least five years of experience working for a company in the life insurance sector, or at least ten years of experience working in life insurance regulation; professional qualifications as risk manager, underwriter, claims specialist or legal officer; and demonstrated ability to manage large teams and multiple 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.

Duties Description The Department of Financial Services (DFS) is seeking executive level applicants to fill the position of Deputy Superintendent for the Life Bureau in the Insurance Division. The Life Bureau is responsible for the supervision and regulation of the entire life insurance industry in New York State and does so by establishing standards for financial solvency, market conduct and corporate oversight and produces regulations, while monitoring the compliance of regulated entities with such standards.

The Deputy Superintendent for the Life Bureau is responsible for assisting the Executive Deputy Superintendent for Insurance in all supervisory, regulatory and legislative issues related to the operations and activities of the Life Insurance Bureau. Working under the general direction of the Executive Deputy Superintendent for Insurance, and closely with the Superintendent, the position will function with great independence and authority, while serving as a valued member of the Superintendent’s Executive team in the following capacities:

• Assists in implementation of the Superintendent’s goals and objectives for the Life Insurance Bureau;
• Provides the Superintendent and Executive Deputy Superintendent with advice on issues related to the life insurance industry and regulatory process;
• Oversees and manages the daily activities and operations of the Life Insurance Bureau and its over one hundred full time employees, with responsibilities including oversight of the licensing, the National Association of Insurance Commissioners (NAIC) accreditation, and the examination and regulation of all life insurers and related entities;
• Makes recommendations that are relevant to the issues based on a thorough understanding of the short? and long?range impact;
• Assists with establishing policies, procedures, guidelines and appropriate supervisory actions relating to the Life Insurance Bureau;
• Presides at or participates in meetings and conferences with insurers, representatives of industry organizations, the NAIC, other governmental agencies and the public on behalf of DFS;
• Ensures that the programs of the Governor and the agency are effectively and expeditiously implemented;
• Acts for and in place of the Superintendent or Executive Deputy Superintendent as necessary; and
• Develops a collaborative working relationship with other divisions within DFS.

Additional Comments Please note that 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 $3,026 annual downstate adjustment.

Appointment to this position is pending Division of Budget approval to fill.

Some positions may require additional credentials or a background check to verify your identity.

Name Nicole Pickel

Telephone

Fax (518) 402-5071

Email Address nce.notifications@dfs.ny.gov

Address

Street 99 Washington Avenue, 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 February 10, 2020, to the email address listed below. Please include (Box DepSupLIFE-07200) in the subject line of your email to ensure receipt of your application. Email submissions are preferred.

Nicole Pickel
Box DepSupLIFE-07200
New York State Department of Financial Services
Office of Human Resources Management
99 Washington Avenue, Suite 301
Albany, New York 12257
Email: nce.notifications@dfs.ny.gov
Fax: (518) 402-5071

Please note that not all applicants may be scheduled for an interview.


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 and the accommodation would not constitute an undue hardship on the operations of the agency.

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