TDI-Compliance Analyst I

Do you have a passion for public state service and enjoy making a difference? Don’t miss out on this opportunity. The Texas Department of Insurance (TDI) is hiring! Apply today if you’re looking for a rewarding career in public state service. TDI regulates the insurance industry, administers the Texas workers’ compensation system, educates, and protects consumers. TDI is located at the Barbara Jordan Building at 1601 Congress Avenue in Austin, near the Texas Capitol.

Benefits of working at TDI:

• Flexible work schedules.

• Work-life-balance.

• 96 hours of accrued vacation a year.

• 96 hours of accrued sick leave a year.

• 20+ holidays every year.

• Career advancement opportunities.

• Free parking.

• 401(k) and 457 Programs.

• State of Texas retirement plan with a lifetime annuity through the Employee Retirement System of Texas (ERS).

• Free comprehensive medical insurance for full-time employees and 50% off premium costs for dependents (state pays other 50%).

• Optional benefits like dental, vision, life insurance, and many more.

• Qualified employer for the Federal Public Service Loan Forgiveness Program.

Before you apply:

Learn about our selection process, our military employment preference, licensing, and credential requirements.

Compliance Analyst (Compliance Analyst I)

This position performs entry-level to routine (journey-level) auditing of licensing applications to determine completeness and compliance with laws and regulations, specified in the Texas Insurance Code and the Texas Administrative Code. Works under moderate supervision, with limited latitude for the use of initiative and independent judgment. Employees at this level may rely on direction from others to solve problems that are not standard. Employees may also occasionally assist others in performing work of greater complexity.

This position:

• Analyzes and processes company licensing applications for the licensure and registration of regulated entities. Communicates deficiencies with applicant. Coordinates with Financial Analysis and the Office of Financial Counsel as needed. Applies written procedures and processes in conjunction with applicable sections of the Texas Insurance Code (TIC) and Texas Administrative Code (TAC).

• Processes and tracks company licensing renewals, annual reports, filing fees, and late fees for various regulated entities; including third-party administrators, premium finance companies, surplus lines companies, purchasing groups, and risk retention groups.

• Prepares and maintains records of deposit, renewal, substitution, and withdrawal of securities related to voluntary or statutory deposits. This involves extensive coordination with numerous banks and the office of the Texas Comptroller of Public Accounts.

• Processes and updates regulated entity information in the Sircon database, including changes to officers and directors, names and addresses, business plans, etc.; performs research of Sircon database information for management reports.

• Performs other duties as assigned, including, but not limited to, professionally handling an equitable portion of CLR incoming email and phone inquiries.

• Performs other duties as assigned.

This position requires:

• Sixty college hours.

• Plus: One year of experience in licensing, insurance, finance, accounting, or legal environment.

• Regular work attendance.

Note | substitution language:

Education and experience relevant to position requirements may be substituted for one another on a year-for-year basis.

This position requires demonstrated knowledge of:

• • State laws, rules, procedures, and regulations relevant to job requirements.
• • Business writing, office practices and procedures.
• • Principles, practices, laws, and statutes regarding licensing.
• • Manage competing priorities to meet assigned timeframes.
• • Texas Insurance Code and Texas Administrative Code requirements regarding incorporation/admission of insurance companies, certification of reinsurers, registration of third-party administrators, premium finance companies, risk retention groups, and eligibility of surplus lines companies.
• • Microsoft Office applications.

This position requires demonstrated skill in:

• Problem solving and critical thinking.

• Using Microsoft Office software applications, including Word, Excel, Outlook, and SharePoint.

• Using personal computers sufficient to enter and extract data from related systems and programs such as Centralized Accounting Payroll and Personnel (CAPPS) and other systems required to perform the job.

• Problem solving, decision making, and planning.

• Analyzing, determining compliance with regulatory rules and statutes.

• Updating and accuracy of records management systems.

• Excelling in a collaborative team environment.

• Professional verbal and written communications skill.

• Strong organizational skills.

This position requires the demonstrated ability to:

• Communicate and work effectively with a wide range of people with varied skills, knowledge, and backgrounds.

• Maintain the confidentiality of sensitive information.

• Analyze and solve work-related problems and work independently on a variety of administrative work and technical assignments.

• Manage and coordinate multiple tasks and priorities to meet necessary deadlines.

• Work both independently and as a team player.

• Establish and maintain effective working relationships with management, team members, coworkers, and the public.

• Demonstrate analytical skills.

• Organize and prioritize workload.

• Apply critical thinking to analyze and solve work problems.

Military Employment Preference