STATE CLASSIFICATION JOB DESCRIPTION


Salary Group A10

Class No. 2824

INSURANCE TECHNICIAN

GENERAL DESCRIPTION

Performs moderately complex (journey-level) insurance work. Work involves auditing insurance forms and documents for accuracy and completeness, processing licenses or certificates of authority, furnishing insurance rates, disseminating information, and computing unearned premiums on policies. Works under general supervision, with moderate latitude for the use of initiative and independent judgment.

EXAMPLES OF WORK PERFORMED

Audits insurance forms, tax reports, reserve valuations, actuarial files, and workers’ compensation policies and endorsements for completeness; and communicates areas of concern to companies.

Processes corporate documents, annual statements, and fees collected; computes unearned premiums on policies; and calculates refunds and company premiums due.

Processes applications and issues licenses for agents and adjusters, and renews and cancels licenses as appropriate.

Inspects and rates commercial and public buildings, churches, schools, and special hazard risks; and reports results to building owners.

Draws maps and diagrams of buildings, indicating construction, occupancy, location, area, and fire protection.

Provides advice on licensing procedures, researching rules and regulations as needed.

Coordinates the entry of data into a computer and assists in correcting rate entry errors.

Assists in analyzing insurance policy advertisements, solicitations, and tables of values to determine statutory compliance.

Assists in analyzing sworn statements of values and in calculating average rates for use in preparing blanket insurance coverage.

May schedule applicants for license examinations, prepare testing materials and confirmation letters, process fees, and conduct testing sessions.

Performs related work as assigned.

GENERAL QUALIFICATION GUIDELINES

Experience and Education

Experience in insurance work. Graduation from an accredited four-year college or university with major coursework in insurance, finance, mathematics, business administration, accounting, or a related field is generally preferred. Experience and education may be substituted for one another.

Knowledge, Skills, and Abilities

Knowledge of insurance principles and practices and of the laws and statutes regarding insurance rates and rate modification, workers’ compensation, licensing, taxation, and reserve analysis.

Skill in the operation of office equipment.

Ability to audit reports and forms, to comprehend tax forms and reports, to determine compliance with regulatory rules and statutes, to identify building hazard risks, and to understand and apply mathematical formulas.


State Auditor’s Office

Reviewed 9-1-17