An insurance examiner is a professional charged with inspecting and examining insurance companies on behalf of the state. An insurance examiner is assigned to review various facets of compliance with state insurance codes, as well as look at various other insurance company practices. Thus common duties of an insurance examiner comprise reviewing insurance company records, operational conduct, and financial conditions. Other insurance examiner duties may include verifying reinsurance contracts, NAIC suggested guidelines, and adequacy of reserves. Another major responsibility of an insurance examiner is to confirm whether proper treatment has been given to policyholders. An insurance examiner is responsible for any or all insurance companies conducting business within the state, including both foreign and domestic insurance providers. A typical insurance examiner must be trained in the field of accounting and often licensed by the state. |
