Summary Statement
Looking for a stable career with strong benefits
and clear growth opportunities? This Financial Analyst II position offers
meaningful public-service work within state government, a supportive
environment, and hands-on learning under experienced mentors. Enjoy predictable
schedules, a focus on professional development, and exposure to leadership and
decision-making processes. As a career-ladder role, it provides a clear path to
higher-level analyst positions, making it an ideal opportunity for individuals seeking
both skill-building and long-term advancement in a respected public-sector
organization.
Essential Functions
Essential functions are fundamental, core functions common to all positions in the class series and are not intended to be an exhaustive list of all job duties for any one position in the class. Since class specifications are descriptive and not restrictive, incumbents can complete job duties of similar kind not specifically listed here.
- Review and analyze annual and quarterly financial statements, trend analysis, S.E.C. filings, audit reports and holding company information to include reinsurance agreements, service agreements, tax allocation agreements and other inter-company arrangements.
- Apply SAP accounting principles, practices, methods and techniques in the review of financial and management issues.
- Compute and interpret financial ratios to identify hazardous financial conditions or potential hazardous financial conditions.
- Research and analyze various financial transactions between parent company, affiliates, and subsidiaries.
- Research and analyze various transactions involving acquisitions and mergers.
- Review requests by licensed companies to add lines of business; defend recommendation for approval or disapproval.
- Review applications for re-domestication and applications to conduct business within the State of Delaware; consider financial condition of the company and/or parent company, expertise and size of business.
- Review consumer complaints to identify solvency issues or patterns of regulatory violations.
- Complete analysis for assigned companies; prepare summary reports consisting of NAIC questionnaires for review by Director and Commissioner.