StateJobsNY

NY HELPNo

AgencyFinancial Services, Department of

TitleAssistant Deputy Superintendent for Property 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

StateNY

Zip Code10004

Minimum Qualifications Preferred Qualifications:

A bachelor’s degree and at least five years of experience in the property and casualty insurance industry with three years of managerial supervision in any field. The ideal candidate will be an attorney or will have actuarial and/or accounting experience.

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) seeks applicants to fill the position of Assistant Deputy Superintendent for the Property Bureau. Working with the Deputy Superintendent for the Property Bureau, the Assistant Deputy Superintendent will oversee and manage the largest Insurance bureau within the agency, which is responsible for the supervision and regulation of the entire property and casualty insurance industry in New York State. The Property Bureau establishes standards for financial solvency, market conduct and corporate oversight, produces regulations and monitors the compliance of regulated entities with such standards.

The Assistant Deputy Superintendent will help shape DFS policy and carry out regulatory responsibility for the over one thousand regulated entities and more than $1.4 trillion of assets the Property Bureau oversees. The Assistant Deputy Superintendent will have management oversight of approximately 200 examiners, analysts, actuaries and support staff placed in the NYC and Albany offices and will be required to function independently in advancing DFS Executive matters within the Property Bureau and in conjunction with other DFS business units. Duties may include, without limitation, the following:

• Advises the Superintendent and other Executive team members of emerging issues in the property/casualty insurance industry and the ongoing activities of the Bureau;
• Advises the Superintendent and other Executive team members, and participates in Executive meetings to update on the status of various initiatives;
• Ensures that the programs of the Governor and the agency are effectively and expeditiously implemented;
• Establishes goals and priorities, monitors performance, coordinates the work of the Property Bureau’s units and ensures that the Bureau’s work objectives and priorities are met;
• Directs the activities of the Market Conduct Unit that applies the New York Insurance Law (NYIL) and related laws and regulations to protect consumers;
• Works with the Consumer Protection and Financial Enforcement Division to enforce the NYIL and related laws and regulations with respect to the property and casualty markets and its consumers.
• Represents DFS and the Property Bureau in various forums, including with other governmental agencies, the media and industry groups;
• Represents DFS at the NAIC meetings, including participating on task forces and working groups to ensure that DFS’s positions are properly represented;
• Works with the DFS Office of General Counsel interpreting the NYIL and related laws and regulations, and assists with proposed amendments to such laws and regulations; and
• Carries out special projects and assignments as deemed appropriate by the Superintendent and other Executive team members.

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 $3,026 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 Ryan Taratus

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 ApplyingAppointment 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.

To 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 ADSPB-10125) in the subject line of your email to ensure receipt of your application. Email submissions are preferred.

Ryan Taratus
Box ADSPB-10125
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.