Financial Examiner - Examiner-In-Charge (EIC) at RSM

Are you an experienced financial examiner with a passion for ensuring the solvency and compliance of insurance companies? Do you thrive in a dynamic environment where you can contribute to the integrity of the regulatory system? If so, RSM is looking for a talented Financial Examiner, EIC to join our Risk & Regulatory Consulting team.

As a leading provider of professional services to the middle market globally, RSM's purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled culture and talent experience and our ability to be compelling to our clients. At RSM, you'll find an environment that inspires and empowers you to thrive both personally and professionally. There’s no one like you and that’s why there’s nowhere like RSM.

Role Overview

The Financial Examiner, EIC will primarily perform financial examinations and regulatory consulting services for state insurance departments. This role involves conducting risk-focused financial examinations, reviewing work papers, and evaluating insurance company operations. As an Examiner-In-Charge (EIC), you will be responsible for examinations of significant size and complexity.

A Day in the Life

Here’s what a typical day might look like for a Financial Examiner, EIC at RSM:

• Begin the day by reviewing the examination plan and coordinating with the examination team.
• Conduct risk-focused financial examinations to assess the solvency and compliance of insurance companies.
• Analyze financial statements, reports, and records to identify potential issues.
• Review examination work papers and evaluate insurance company operations.
• Serve as Examiner-In-Charge on examinations of significant size and complexity.
• Prepare reports, exhibits, and other supporting schedules detailing a company's solvency, condition, and compliance with laws and regulations.
• Recommend actions to ensure compliance with laws and regulations or to protect the solvency of the company.
• Provide knowledge and guidance on insurance laws, rules, and regulations to clients and team members.
• Participate in meetings with insurance company management to discuss findings and recommendations.
• Stay updated on new, proposed, or revised laws, regulations, policies, and procedures in the insurance industry.

Why Remote?

This position is fully remote, allowing you to work from any location within the United States. This offers the flexibility to manage your work and personal life effectively, while still contributing to a dynamic and collaborative team. RSM embraces remote work to attract top talent and provide employees with the autonomy to thrive.

Career Path

RSM is committed to the professional growth of its employees. The Financial Examiner, EIC position offers significant opportunities for advancement. Potential career paths include:

• Senior Financial Examiner: Lead larger and more complex examinations.
• Supervising Financial Examiner: Oversee multiple examination teams and projects.
• Manager: Manage a team of financial examiners and oversee the quality of their work.
• Director: Lead a regulatory consulting practice and develop new business opportunities.

Salary & Benefits

The estimated salary range for the Financial Examiner, EIC position is $120,000 to $170,000 per year, depending on experience and qualifications. RSM also offers a comprehensive benefits package, including:

• Comprehensive health insurance plans (medical, dental, vision)
• Generous paid time off (PTO) and holidays
• 401(k) retirement plan with company match
• Employee stock purchase plan (ESPP)
• Life insurance and disability coverage
• Flexible spending accounts (FSAs) and health savings accounts (HSAs)
• Wellness programs and resources
• Professional development opportunities and training programs
• Tuition reimbursement
• Employee assistance program (EAP)
• Discounts on various products and services
• Employee referral bonus program
• Parental leave benefits
• Adoption assistance
• Volunteer time off
• Remote work options and flexible work arrangements (where applicable)
• RSM Cares - community involvement initiatives

RSM Culture

At RSM, we believe in creating an inclusive and supportive work environment where everyone can thrive. Our core values include:

• Respect: We treat each other with respect and value diverse perspectives.
• Integrity: We act with integrity and uphold the highest ethical standards.
• Teamwork: We work together to achieve common goals and support each other's success.
• Excellence: We strive for excellence in everything we do and are committed to continuous improvement.
• Stewardship: We are responsible stewards of our resources and committed to making a positive impact on our communities.

How to Apply

If you are a qualified and motivated financial examiner looking for a rewarding career opportunity, we encourage you to apply. Please submit your resume and cover letter through the RSM careers website. Be sure to highlight your relevant experience and qualifications, including your experience as an Examiner-In-Charge (EIC) and your certifications (CFE, CPA, CIA).

Frequently Asked Questions (FAQ)

1. What is the primary role of a Financial Examiner, EIC?

   The primary role is to perform financial examinations and regulatory consulting services for state insurance departments, ensuring solvency and compliance of insurance companies.

2. What qualifications are required for this position?

   A Bachelor's Degree in Accounting or Finance, 10+ years of experience as a financial examiner (EIC), insurance industry experience, and CFE certification are required. CPA or CIA certifications are a plus.

3. Is this a remote position?

   Yes, this position is fully remote and can be performed from any location within the United States.

4. What software skills are needed for this role?

   Proficiency in TeamMate, ACL/Access, MS Excel, MS Word, and MS PowerPoint is required.

5. What are the opportunities for career advancement?

   Potential career paths include Senior Financial Examiner, Supervising Financial Examiner, Manager, and Director.

6. What benefits does RSM offer?

   RSM offers a comprehensive benefits package, including health insurance, PTO, 401(k), ESPP, life insurance, FSAs, HSAs, wellness programs, professional development, and more.

7. What is the company culture like at RSM?

   RSM has an inclusive and supportive work environment with core values of respect, integrity, teamwork, excellence, and stewardship.

8. How do I apply for this position?

   Submit your resume and cover letter through the RSM careers website, highlighting your relevant experience and qualifications.

9. What is the estimated salary range for this position?

   The estimated salary range is $120,000 to $170,000 per year, depending on experience and qualifications.

10. What are the key responsibilities of a Financial Examiner, EIC?

    Key responsibilities include performing risk-focused financial examinations, reviewing work papers, preparing reports, recommending actions to ensure compliance, and providing guidance on insurance laws and regulations.