Self-Insurance Auditor (WCA#21624)
$26.57 - $39.86 Hourly$55,273 - $82,909 AnnuallyThis position is a Pay Band C7Posting DetailsInterviews are anticipated to be conducted within two weeks of closing dateThe Workers' Compensation Administration assures the quick and efficient delivery of indemnity and medical benefits to injured workers at a reasonable cost to employers.**Applications submitted without work experience, or a resume will not be considered. If attaching a resume - resume must include dates of employment for each job (month & year) and details of work experience / job duties. Please make sure to attach your transcripts to certify degree (if applicable) that is required. Why does the job exist?This position is responsible for helping protect the benefits available to injured workers by ensuring compliance with workers¿ compensation laws, rules, and regulations governing individual, group, and pool self-insured entities. This position conducts regular financial reviews, audits, and risk analysis of assigned entities to evaluate financial records, financial stability, solvency, and overall compliance with applicable laws and regulations. This position works closely with the Workers¿ Compensation Administration (WCA) and assigned self-insured entities, serving as a liaison and maintaining professional relationships with executives, risk managers, administrators, and other key officials. This role also involves analyzing financial data, identifying potential areas of concern, preparing reports and recommendations, and helping ensure entities maintain the financial strength necessary to meet their obligations. How does it get done?Perform detailed risk analysis and regulatory evaluations to help ensure compliance with applicable laws, rules, and regulations. Review and verify the accuracy and authenticity of assigned entities¿ financial statements, records, and supporting documentation. Balance the responsibility of protecting employee benefits while also recognizing and considering the interests and financial stability of employers. This position is responsible for developing and carrying out examination plans, audit procedures, and audit scopes for assigned entities, while identifying potential risks, concerns, and areas requiring further review. Who are the customers?For workers and employers in the State of New Mexico Ideal CandidateStrong analytical skills with the ability to review and analyze large amounts of data, financial reports, statements, policies, and other records, and prepare clear reports of findings and analysis.Experienced in identifying, assessing, and monitoring financial and operational risks.Able to review entity financial activities, analyze trends, and evaluate financial indicators to help determine levels of risk and solvency.Strong written and verbal communications skills with the ability to clearly explain findings, concerns, and recommendations to management and stakeholders.Experience researching prior losses, reviewing historical data, and preparing risk analysis reports.Skilled in reviewing financial data for trends, accuracy, and overall financial stability. Detail-oriented with strong organizational skills and the ability to manage multiple assignments and deadlines.Proficient in Quick-books and other financial systems, including financial reporting, tracking, reconciliation and data analysis. Minimum QualificationBachelor's Degree in Accounting, Finance, Auditing, or Business Administration and one (1) year of directly related work experience in accounting, auditing, finance, and/or budgeting. Any combination of education from an accredited college or university in a related field and/or direct experience in this occupation totaling five (5) years may substitute for the required education and experience. Employment RequirementsMust possess and maintain a valid New Mexico Driver's License. Must possess and maintain a current Defensive Driving Course Certificate from the State of New Mexico or must pass and receive Defensive Driving Course Certification as a condition of continued employment. Working ConditionsWork is performed in an office setting with exposure to Visual/Video Display Terminal (VDT) and extensive personal computer and phone usage. Some sitting, standing, bending, lifting and reaching may be required. Ability to complete assignments with a high level of accuracy within strict time constraints. Frequent use of office machine and equipment. Must be able to lift 25-30 lbs. Occasional travel may be required. Experience using Microsoft Office applications are preferred. Supplemental InformationDo you know what Total Compensation is? Click here Agency Contact Information: Dean Chavez (505) 649-3392 or email dean.chavez@wca.nm.gov Email For information on Statutory Requirements for this position, click the Classification Description link on the job advertisement.Bargaining Unit PositionThis position is covered by a collective bargaining agreement, and all terms/conditions of that agreement apply and must be adhered to.