INSURANCE SPECIALIST 1

AS612 $35,069 - $68,806
Creation Date: 12/15/1992
Change Date: 01/01/2025

FUNCTION OF WORK:
To regulate and enforce statutory laws relative to the insurance industry.

LEVEL OF WORK:
Entry

SUPERVISION RECEIVED:
Direct from Insurance Supervisor or other higher-level personnel.

SUPERVISION EXERCISED:
None.

JOB DISTINCTIONS:
Differs from Insurance Technician 2 by presence of professional level duties.

Differs from Insurance Specialist 2 by the complexity of duties.

CORE COMPETENCIES:
IDENTIFIED BY STATE CIVIL SERVICE, CORE COMPETENCIES ARE THE KNOWLEDGE, SKILLS, ABILITIES AND BEHAVIORS BASED ON THE WORK TASKS OUTLINED IN THE EXAMPLES OF WORK. MORE INFORMATION ON THE SCS COMPETENCY MODEL CAN BE FOUND HERE.

Communicating Effectively	Demonstrating Accountability	Managing Stakeholders
Thinking Critically

EXAMPLES OF WORK:
EXAMPLES BELOW ARE A BRIEF SAMPLE OF COMMON DUTIES ASSOCIATED WITH THIS JOB TITLE. NOT ALL POSSIBLE TASKS ARE INCLUDED.

Communicates by telephone, correspondence, and/or meetings with company filing officials, government representatives, attorneys, private individuals, policyholders, professional associations, and the public regarding: rate filing information submitted or required; state insurance laws regulations and directives; licensing laws, rules, and regulations; examinations for licensing; and insurance company appointments.

Researches data of submissions from insurance companies involving use of rules and rates through the aid of computer and physical files; researches insurance laws, analyzes legal information and insurance contracts, renders decisions and composes correspondence to interested parties pertaining to insurance inquiries and complaints, and conducts formal investigations regarding these inquiries and complaints.

Compares filing requests with other filings, approved and disapproved, for similarities in rules and rates requested; reviews insurance policy forms and contracts for compliance with Louisiana Insurance Code, recommending approval or disapproval thereon; analyzes rule and rate filings submitted by insurance companies to assess appropriateness of requested changes and fairness to consumers.

Attends departmental hearings to give testimony based on investigative findings.

Cooperates with public agencies and private organizations in efforts to prevent, detect, and prosecute fraudulent insurance transactions.

Maintains familiarity with the Insurance Code and departmental rules and regulations which govern the administration of the insurance examinations.

Maintains several rating manuals for various lines of insurance.

QUALIFICATION REQUIREMENTS:
MINIMUM QUALIFICATIONS:
Three years of experience in insurance, administrative services, investigations, or law enforcement; OR

Six years of full-time work experience in any field; OR

A bachelor's degree.

EXPERIENCE SUBSTITUTION:
Every 30 semester hours earned from an accredited college or university will be credited as one year of experience towards the six years of full-time work experience in any field. The maximum substitution allowed is 120 semester hours which substitutes for a maximum of four years of experience in any field.