Job Description

Insurance Examiner 1

Salary: $65,520.00 - $101,462.40 Annually Location: Des Moines - 50315 - Polk County, IA Job Type: Full-time Job Number: 26-00674 Agency: 216 Department of Insurance & Financial Services - Insurance Opening Date: 09/11/2025 Closing Date: 9/28/2025 11:59 PM Central Point of Contact: employment@iid.iowa.gov

The Iowa Insurance Division's Market Regulation Bureau is seeking an Insurance Examiner 1. Market Regulation Bureau examiners oversee regulation of pharmacy benefit managers (PBMs) and related entities. The Insurance Examiner 1 will be responsible for the following:

• Perform market conduct examinations and analysis related to Pharmacy Benefit Managers.
• Conduct interviews and hold discussions with regulated entities, individuals and policyholders.
• Respond to requests for general information regarding insurance law requirements and administrative rules.
• Analyze, evaluate and interpret contracts, written agreements and facts, such as insurance policy provisions and legal contracts.
• Prepare and analyze financial statements and market data call reports.
• Determine fair treatment of policyholders and claimants.
• Participate in state, multi-state or state-federal task forces and committees.
• Maintain compliance with the National Association of Insurance Commissioners ("NAIC") Market Regulation Certification Program.

Successful candidates will demonstrate:

• A strong foundation in health insurance or pharmaceutical related areas or ability to acquire this skill set.
• Attention to detail.
• Ability to meet critical timeframes.
• Intellectual and conceptual ability to think critically in order to make decisions, which includes measuring, calculating, reasoning, analyzing, prioritizing and synthesizing data.
• Maintain effective, respectful working relationships with regulated entities and individuals, trade associations, and legislators.
• Complete multiple tasks accurately and within assigned periods.
• Ability to document adequate notes to record actions and the information gathered to document work performed.
• Proficient in use of personal computers, peripheral equipment and various software packages, including the Microsoft Office Suite and Google platforms.

The Iowa Insurance Division offers a strong team culture and a respect for work-life balance. Salary will be commensurate with applicable experience. We have a competitive total compensation package for all our full-time employees, including:

• Iowa Public Employees Retirement System (IPERS)
• Retirement Investors Club (RIC)
• Health, Dental and Vision Insurance
• Vacation and Sick Leave
• Paid Holidays (9 days/year)
• Hybrid Telework Opportunities

Minimum Qualification Requirements:

• Graduation from an accredited four-year college or university with a degree in insurance, accounting, actuarial science, risk management, finance, or business.
• A total of four years of education and/or full-time experience, where thirty semester hours of accredited college or university course work in insurance, accounting, actuarial science, risk management, finance, or business equals one year of full-time experience in insurance industry examination, financial analysis, quality assurance, enterprise risk management, or corporate governance.

Travel, including overnight, out-of-state, and international travel, may be required for positions in this class. Employees must arrange transportation to and from assigned work areas.

Why Choose the State of Iowa?

At the heart of our commitment to excellence is a dedication to our most valuable asset our employees. Discover the outstanding benefits that set us apart as an employer of choice. Our Robust Benefits Package Includes:

• Competitive Compensation
• Health and Wellness
• Retirement Planning
• Paid Time Off
• Professional Development
• Employee Assistance Program (EAP)
• Diversity and Inclusion

Join Us - Elevate Your Career: Ready to elevate your career with the State of Iowa?

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