1

Solvency Jobs in Ohio (NOW HIRING)

Be Seen First

Performs in-house analysis of domestic &/or foreign insurance companies' financial condition to determine solvency & compliance to statutes & regulations, contacts companies regarding findings ...

Be Seen First

Performs in-house analysis of domestic &/or foreign insurance companies' financial condition to determine solvency & compliance to statutes & regulations, contacts companies regarding findings ...

Be Seen First

Performs in-house analysis of domestic &/or foreign insurance companies' financial condition to determine solvency & compliance to statutes & regulations, contacts companies regarding findings ...

Be Seen First

Performs in-house analysis of domestic &/or foreign insurance companies' financial condition to determine solvency & compliance to statutes & regulations, contacts companies regarding findings ...

Maintain vacancy information as required by investors, syndicators, and monitoring agencies Achieve financial solvency through cost reduction and implementing systems to achieve 0% rent delinquency ...

$103.60 - $149.65/hr

Managing Group-wide liquidity planning and ensuring short- and medium-term solvency * Active cash management, including processing payment transactions and maintaining relationships with banks

New

Be Seen First

Performs in-house analysis of domestic &/or foreign insurance companies' financial condition to determine solvency & compliance to statutes & regulations, contacts companies regarding findings ...

Oversees and regulates corporate funds and accounts, establishes budgets, approves expenditures and provides guidance to ensure the financial solvency of the company. SUPERVISORY RESPONSIBILITY ...

New

Oversees and regulates corporate funds and accounts, establishes budgets, approves expenditures and provides guidance to ensure the financial solvency of the company. SUPERVISORY RESPONSIBILITY ...

New

next page

Showing results 1-20

Solvency information

What does a solvency professional do?

Solvency professionals are financial experts who assess and manage the ability of organizations or individuals to meet their long-term financial obligations. They analyze assets, liabilities, and cash flows to determine whether a company is financially healthy and capable of paying its debts as they come due. Their responsibilities may include conducting solvency tests, advising on restructuring, and ensuring compliance with financial regulations. These professionals often work in fields such as accounting, finance, insolvency, or corporate restructuring.

What are the key skills and qualifications needed to thrive as a solvency analyst?

To thrive as a Solvency Analyst, you need a strong background in finance, accounting, and risk assessment, usually supported by a degree in finance, economics, or actuarial science. Familiarity with financial modeling tools, regulatory frameworks (such as Solvency II), and proficiency in Excel or specialized risk software is typically required. Analytical thinking, attention to detail, and effective communication skills are vital for interpreting complex data and conveying findings to stakeholders. These skills ensure accurate evaluation of an organization's financial health and compliance with regulatory standards, which are crucial for long-term stability.

What are some common challenges faced by professionals working in solvency roles within the insurance industry?

Professionals in solvency roles often encounter challenges such as interpreting complex regulatory requirements, staying updated on evolving solvency frameworks like Solvency II, and managing large data sets to assess risk exposures. They collaborate closely with actuarial teams, finance departments, and regulatory bodies to ensure compliance and maintain the company's financial health. Balancing the need for robust risk assessment with operational efficiency is key, as is effectively communicating technical findings to non-technical stakeholders.

What is the difference between Solvency vs Actuarial Analyst?

AspectSolvencyActuarial Analyst
Required CredentialsActuarial exams, certifications in solvency regulationActuarial exams, statistical and mathematical certifications
Work EnvironmentRegulatory agencies, insurance companies, financial institutionsInsurance firms, consulting firms, financial services
Industry UsageFocus on financial stability and regulatory complianceFocus on risk assessment, pricing, and modeling

Solvency professionals primarily focus on ensuring financial stability and regulatory compliance within insurance and financial sectors, often requiring specific certifications related to solvency regulations. Actuarial Analysts, on the other hand, analyze risk, develop models, and support pricing strategies, with overlapping actuarial credentials. While both roles work within the insurance industry, their core responsibilities and certifications differ, making them distinct yet related careers.

What job categories do people searching Solvency jobs in Ohio look for? The top searched job categories for Solvency jobs in Ohio are:
What cities in Ohio are hiring for Solvency jobs? Cities in Ohio with the most Solvency job openings:

Senior Financial Accounting Analyst/Auditor

Ohio Department of Taxation

Columbus, OH

$82K - $102K/yr

Full-time

Re-posted 12 days ago


Job description

The Office of Risk Assessment is seeking a financially minded candidate with an advanced level of experience analyzing complex financial reports, reviewing and modifying data, and who can determine appropriate course of action to resolve complex issues.

If this sounds interesting to you, continue reading below to learn more about this career opportunity with the Office of Risk Assessment.

Key Responsibilities include but are not limited to the following:

  • Performs in-house analysis of domestic &/or foreign insurance companies' financial condition to determine solvency & compliance to statutes & regulations, contacts companies regarding findings, determines need for subsequent action based on insurance companies responses to examinations & analysis.
  • Prepares & recommends level of priority for each company & reviews audited financial statements, & other financial reports & periodically conducts reviews of other insurance examiner/analyst findings.
  • Evaluates insurance companies' operations to determine if prior review recommendations have been implemented, assesses company progress toward implementation of prior examination & analysis recommendations & assumes responsibility for examination &/or analysis reports.
  • Conducts, develops & maintains analysis process for use in financial assessment of annual & quarterly statements & maintains regulatory status reports for foreign &/or domestic companies; reviews various financial transactions for appropriateness & compliance to statutes & regulations.
  • Performs comprehensive audits of all books, records, assets, liabilities, income, disbursements & operating policies & procedures & examines contracts to determine legality & propriety.
  • Represents the Department at meetings with insurance companies &/or outside agencies; provides written &/or verbal response for request for information.

Accredited Financial Examiner (i.e., AFE) designation by Society of Financial Examiners; 2 yrs. department of insurance exp. &/or consulting exp. for a department of insurance related to financial solvency regulation; must provide own transportation; valid driver's license.
-Or Certified Public Accountant (i.e., CPA) designation by state accountancy board; 3 yrs. exp. in accounting, internal auditing, finance, economics or insurance; must provide own transportation; valid driver's license.
-Or Certified Financial Examiner (i.e., CFE) designation by Society of Financial Examiners; 3 yrs. department of insurance exp. &/or consulting exp. for a department of insurance related to financial solvency regulation; must provide own transportation; valid driver's license.
-Or equivalent of Minimum Class Qualifications For Employment noted above may be substituted for experience but not for mandated licensure/designation.
Job Skills: Auditing