• Job Description

  Req#: 42408

  Agency: Department of Insurance
  Class Title: INSURANCE ANALYST TRAINEE - 21566
  Skill Option: None
  Bilingual Option: None
  Closing Date/Time: 11/08/2024
  Salary: $3,750 - $4,862 Anticipated salary range/monthly
  Job Type: Salaried/Full Time
  Category: Full Time
  County: Sangamon
  Number of Vacancies: 8
  Plan/BU: RC014

  This position is a union position; therefore, provisions of the relevant collective bargaining agreement/labor contract apply to the filling of this position.

  All applicants who want to be considered for this position MUST apply electronically through the illinois.jobs2web.com website. State of Illinois employees should click the link near the top left to apply through the SuccessFactors employee career portal.

  Applications submitted via email or any paper manner (mail, fax, hand delivery) will not be considered.

  *Answer all application questions thoroughly. DO NOT STATE "SEE RESUME".*

  Posting Identification Number 42408

  Position Overview

  The Department of Insurance is seeking to hire an Insurance Analyst Trainee. This position is trained under immediate supervision, for a period of six to twelve months in a training program designed to develop the necessary skills to perform in the various phases of insurance regulation. The trainee receives orientation and training in the meanings and applications of the Illinois Insurance Code and appurtenant rules, regulations, bulletins, and interpretations in the subject area. The position receives on-the-job training in specialized areas of insurance, life, accident, health, property and casualty, producer licensing, or as otherwise required or assigned. The trainee will be assigned to Divisions under the Chief Deputy Director of Product Lines to enhance experience in basic processing procedures, terminology, and techniques to become familiar with interrelationships among Agency operating areas. After successful completion of on-the-job training and instruction, during which periodic evaluations will be made, the trainee will qualify for promotion to fill targeted vacancies as an Insurance Analyst. We invite all qualified applicants to apply.

  Why Work for Illinois?

  Working with the State of Illinois is a testament to the values of compassion, equity, and dedication that define our state. Whether you’re helping to improve schools, protect our natural resources, or support families in need, you’re part of something bigger—something that touches the lives of every person who calls Illinois home.

  No matter what state career you’re looking for, we offer jobs that fit your life and your schedule—flexible jobs that provide the gold standard of benefits. Our employees can take advantage of various avenues to advance their careers and realize their dreams. Our top-tier benefits and great retirement packages can help you build a rewarding career and lasting future with the State of Illinois.

  Essential Functions

  • Receives orientation and training in the meanings and applications of the Illinois Insurance Code and appurtenant rules, regulations, bulletins, and interpretations in the subject area:
  • receives on-the-job training in specialized areas of insurance, life, accident, health, property and casualty, producer licensing, or as otherwise required or assigned,
  • assigned to Divisions under the Chief Deputy Director of Product Lines to enhance experience in basic processing procedures, terminology, and techniques to become familiar with interrelationships among Agency operating areas.
  • Receives training and learns to review annual financial statements and reports for determination of solvency and accuracy of the financial status of insurance companies:
  • confers with companies concerning irregularities or omissions.
  • Receives training and learns to review and analyze policy forms submitted for departmental approval:
  • refers irregularities and discrepancies regarding acceptance of policy forms and revisions to a higher-level analyst for review and indication of appropriate action.
  • Receives training in the processing of insurance complaints for which responses are within developed interpretations/guidelines from Illinois consumers:
  • communicates with insurance carriers to provide response to such complaints.
  • Analyzes and reviews license applications submitted to the department for processing:
  • reviews and analyzes basic licensing and education records of individuals which are identified by processing staff as having potential problems, irregularities, or omissions’
  • refers questionable records to supervisor for review and determination of appropriate action.
  • Receives orientation in the mode of communicating and deriving information/data, e.g., in particular insurance areas and what information/data is required to produce decisions/conclusions:
  • learns how to frame questions that are directed to a required provision of information/data,
  • receives training on use of multiple computer system applications, resolution, and processes, as well as basic letter writing and telephone skills,
  • utilizes courtesy in responding to queries that are of major concern to individuals.
  • Performs other duties as required or assigned which are reasonably within the scope of the duties enumerated above.

  Minimum Qualifications

  • Requires knowledge, skill, and mental development equivalent to completion of four (4) years of high school.

  Preferred Qualifications

  • Prefers at least six (6) months of working knowledge associated with insurance, insurance products, or as an insurance producer/agent.
  • Prefers at least six (6) months of working knowledge of Microsoft Office Outlook, Microsoft Word, Microsoft Excel, Teams, and SalesForce.
  • Prefers at least six (6) months of working knowledge associated with customer service.
  • Prefers at least six (6) months of elementary ability to perform fact finding and investigations.
  • Prefers basic ability to analyze and determine facts, information, and data to make correct and accurate decisions and conclusions.
  • Prefers working knowledge of office methods and procedures.
  • Prefers intermediate ability to articulate facts, figures, and descriptions in a comprehensible mode.

  Conditions of Employment

  • Requires the ability to pass a background check.

  About the Agency

  The Department of Insurance (DOI) regulates the insurance market in the State of Illinois including, but not limited to, licensing and educating insurance agents, investigating Workers Compensation fraud, and examining the operations and finances of insurance companies domiciled in the state. We are committed to protecting consumers and regulating the insurance industry with innovation and efficiency. DOI has approximately 220 employees who are split between our Chicago and Springfield offices.

  State of Illinois employees enjoy a robust benefit package, including:

  • Health, Life, Vision, and Dental Insurance
  • 13 Paid Holidays annually, 14 on even numbered years
  • 10-25 days of Paid Vacation time annually - (10 days in year one of employment)
  • 12 Paid Sick Days annually (sick days carry over from year to year)
  • 12 Weeks Paid Maternity/Paternity Leave
  • 3 Paid Personal Days annually
  • Pension Plan
  • Deferred Compensation Program and other pre-tax benefit programs (Medical/Daycare)
  • Flexible work schedules may be available, dependent upon position
  • Tuition Reimbursement Program and Federal Public Service Loan Forgiveness Program eligibility

  Visit https://www2.illinois.gov/cms/benefits/Pages/default.aspx for more information about our benefits.

  Work Hours: M-F; 8:30am - 5:00pm
  Work Location: 320 W Washington St, Springfield, Illinois, 62767
  Agency Contact:
  Email: DOI.HR@illinois.gov
  Posting Group: Legal, Audit & Compliance

  This position DOES NOT contain “Specialized Skills” (as that term is used in CBAs).

  APPLICATION INSTRUCTIONS

  Use the “Apply” button at the top right or bottom right of this posting to begin the application process.

  If you are not already signed in, you will be prompted to do so.

  State employees should sign in to the career portal for State of Illinois employees – a link is available at the top left of the Illinois.jobs2web.com homepage in the blue ribbon.

  Non-State employees should log in on the using the “View Profile” link in the top right of the Illinois.jobs2web.com homepage in the blue ribbon. If you have never before signed in, you will be prompted to create an account.

  If you have questions about how to apply, please see the following resources:

  State employees: Log in to the career portal for State employees and review the Internal Candidate Application Job Aid

  Non-State employees: on Illinois.jobs2web.com – click “Application Procedures” in the footer of every page of the website.

  The main form of communication will be through email. Please check your “junk mail”, “spam”, or “other” folder for communication(s) regarding any submitted application(s). You may receive emails from the following addresses:

  • donotreply@SIL-P1.ns2cloud.com
  • systems@SIL-P1.ns2cloud.com

• About the company

  The Governor of Illinois is the chief executive of the State of Illinois, and the various agencies and departments over which the officer has jurisdiction, as prescribed in the state constitution.

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