Careers

CAMICO is a CPA-owned and directed company that provides CPAs with insurance, and practice and risk management services that address their evolving needs.

5 Pillars of the CAMICO Culture

Service

We are a team that is committed to supporting each other with a positive attitude.

Passion

We embrace our responsibility to strive for excellence with determination, courage, and pride.

Fun

We encourage employees to step out of their silos, engage, and mingle with other departments in an enjoyable setting.

Respect

CAMICO supports a culture where all employees maintain and demonstrate mutual respect for the value and contributions of their peers.

Communication

Transparent internal communication establishes a mutual understanding between all employees so that our individual objectives are aligned with our company goals.

Service

We are a team that is committed to supporting each other with a positive attitude.

Passion

We embrace our responsibility to strive for excellence with determination, courage, and pride.

Fun

We encourage employees to step out of their silos, engage, and mingle with other departments in an enjoyable setting.

Respect

CAMICO supports a culture where all employees maintain and demonstrate mutual respect for the value and contributions of their peers.

Communication

Transparent internal communication establishes a mutual understanding between all employees so that our individual objectives are aligned with our company goals.

Want to see what our employees think about working at CAMICO?

Career Page CAMICO Mutual Insurance Company - Team Photo

Open Opportunities

Summary

CAMICO's Chief Financial Officer is responsible for all finance and treasury functions of CAMICO Mutual Insurance Company and its subsidiaries. This officer also assumes other responsibilities as assigned by the President

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Department

Finance

Reports To

The President

Date Posted

September 13, 2022

Essential Duties and Responsibilities

The following duties are included. Other duties may be assigned.

Develop and implement strategies to ensure optimum performance in the following areas:

Surplus management

  • Consistent growth and surplus
  • Return of surplus to policyholders
  • Protection from adverse development

Operations

  • Policy processing, billing, and support
  • Productivity enhancements
  • Cost containment

Investments

Reinsurance

  • Treaty contracts
  • Financial Contracts

Tax (Federal)

Regulatory Compliance with DOI (except claims and underwriting)

  • Develop processes and systems for the preparation and filing of appropriate regulatory admittance and compliance filings and other reports required by regulatory bodies
  • Oversee coordination of DOI Financial Examinations
  • Obtain requisite DOI approvals for corporate actions

Initiate, coordinate and administer operations

  • Manage development of procedures for safeguarding corporate assets, the proper recording of transactions and budget process
  • financial related audits
  • Monitors compliance with company’s financial policies
  • Responsible for general administration of the corporate insurances (Except Workman’s Compensation)

Officer/Executive

  • Responsible for collaborating with Human Resources for recruiting, training and the development of departmental staff
  • Spokesperson for company’s vision, both internally and externally
  • Helps create positive environment
  • Reports to the Board as a company representative
  • Support Investment and Audit Committee
  • Bring company perspective to department issues
  • Participate in the planning and development of corporate strategies as member of senior management team
  • Define department action plans necessary to achieve corporate goals and evaluate progress towards their accomplishment
  • Delegate responsibility and authority as appropriate to direct reports to enable them to accomplish goals
  • Evaluate department’s progress on goals
  • Make a positive contribution to senior management’s decision-making process

Oversee production of all financial reports required by the company

  • Initiate design of reports necessary to support good decision making
  • Oversee timely preparation of monthly reporting package and other financial reports
  • Oversee preparation of all external financial statements, including the annual statutory financial statement, the annual report to policyholders, reports to reinsurers, rating agencies, etc.

Manage reinsurer relationship, including:

  • Contract negotiations
  • Evaluation of reinsurer security
  • Lead reinsurance goal setting process
  • Supply brokers and reinsurers with appropriate material
  • Oversee compliance with the contracts by the company, the reinsurers and the brokers
  • Follow up of timely collection of reinsurance recoverables
  • Evaluate broker performance

Manage all treasury functions

  • Responsible for managing investment advisors and managers and their compliance with corporate and DOI policies
  • Manage bank and custodial relationship
  • Manage rating agency relationship
  • Management of cash flow to meet liquidity needs

Coordinate actuarial work

  • Reserve evaluations
  • Rate development and implementation

Supervisory Responsibilities

Is responsible for the overall direction, coordination and evaluation of subordinate units. Carries out supervisory responsibilities in accordance with the organization’s policies and applicable laws. Responsibilities include interviewing, hiring and training employees; planning, assigning and directing work; appraising performance, rewarding and disciplining employees; addressing complaints and resolving problems

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions

Education and/or Experience

Post-graduate level business education and appropriate related experience required. CPA preferred

Language Skills

Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to write speeches that conform to prescribed style and format. Ability to effectively present information to top management, public groups, and/or Boards of Directors

Mathematical Skills

Ability to work with mathematical concepts such as probability and statistical inference. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations

Reasoning Ability

Ability to define problems, collect data, establish facts, and draw valid conclusions.  Ability to interpret an extensive variety of technical instructions and reach reasonable conclusions after analyzing multiple variables

Certificates, Licenses, and Registrations

No specific requirements

Other Skills and Abilities

This position requires leadership skills that involve:

  • Understanding the corporate vision
  • Sharing and communicating that vision with others so that they will follow willingly
  • Providing the information, knowledge, and methods to realize that vision
  • Coordinating and balancing the conflicting interests of all members or stakeholders
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Summary

CAMICO's Vice President of Claims is responsible for all the claim’s activities of CAMICO Mutual and for the claims functions contractually required under applicable “General Agent” agreements for CAMICO Insurance Services. These activities include the company’s legal panel, the claims management information system, the claims management process and procedures, hands-on management of significant claims and development of claims strategies. This position reports to the President and contributes to managing the business affairs of the company as requested by the President

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Department

Claims

Reports To

The President

Date Posted

September 12, 2022

Essential Duties and Responsibilities

The following duties are included. Other duties may be assigned.

  • Claims Management: Identify, develop, communicate, and implement corporate strategies regarding claims management
  • Develop, implement and monitor all procedures for investigation, management and settlement of claims
  • Develop, manage and maintain claims strategies with strategic capital partner
  • Develop and manage the case reserving process to ensure adherence to CAMICO reserving philosophy and consistency in its application
  • Develop and maintain processes to ensure regulatory compliance
  • Provide personal oversight on claims that have significant monetary or policy impact
  • Responsible for coordinating and managing the reinsurance and excess carrier relationships as it relates to claims for both claims processing and maintenance, including reinsurer and excess carrier program wide or individual claims audits or reviews
  • Claims Reporting and Analysis: Performs appropriate analysis of claims information necessary to assist decision making on corporate issues involving claims and assist with the development of analysis techniques
  • Responsible for establishing the system for collecting data related to management of the claims function and analysis of claims information
  • Ensures that there is an appropriate sharing of information between the Claims, Loss Prevention and Underwriting functions
  • Develop and implement control programs and review for regulatory compliance, fraud controls and file quality
  • Legal Network: Responsible for building and maintaining the claims legal network of attorneys, experts, and consultants
  • Develop and monitor compliance with attorney guidelines with the goal of promoting the most effective claims outcomes possible, for the insured and CAMICO, with respect to total dollars expended (both defense and indemnity)
  • Other: Assist with the management of relations with reinsurers, error and omission insurance. Ensures the appropriate sharing of information with reinsurers and E&O carriers, and is responsible for successful external claims audits
  • Assists in managing legal exposure relating to the insured agreement by coordinating with Underwriting on developing contract language (and advising) regarding compliance with insurance regulations
  • Maintains reporting relationship to the Risk Management Committee of the Board of Directors
  • Participates in Senior Team activities and responsibilities
  • Other duties as assigned by the President

Supervisory Responsibilities

Responsible for the overall direction, coordination, and evaluation of Claims unit. Provides leadership to and oversees the duties of Claims personnel, including hiring, training, monitoring caseloads, performance planning, evaluations and career development of staff. Carries out supervisory responsibilities in accordance with the organization’s policies and applicable laws

Competencies:

The Vice President of Claims position requires demonstrated skills and abilities in the following competencies:

  • Policyholder Focus
  • Decision Quality
  • Ethics and Values
  • Integrity and Trust
  • Motivating Others
  • Dealing with Ambiguity
  • Business Acumen
  • Command Skills
  • Quick Learner
  • Strategic Agility
  • Managing Vision and Purpose

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions

Education and/or Experience

Master’s degree (M. A.) or equivalent; or four to ten years related experience and/or training; or equivalent combination of education and experience

Language Skills

Ability to read, analyze, and interpret common technical journals, financial reports, and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to write speeches and articles for publication that conform to prescribed style and format. Ability to effectively present information to top management, public groups, and/or Boards of Directors

Mathematical Skills

Ability to apply mathematical concepts to such tasks as frequency distribution, determination of test reliability and validity, analysis of variance, correlation techniques, sampling theory, and factor analysis

Reasoning Ability

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables

Certificates, Licenses, and Registrations

License to, and experience in the practice of law is desirable

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions

While performing the duties of this job, the employee is regularly required to stand; use hands to finger, handle, or feel; reach with hands and arms; and talk or hear. The employee frequently is required to walk and sit. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, peripheral vision, depth perception, and ability to adjust focus

Employees in this position are regularly required to travel by car and/or airplane on business related matters

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions

The noise level in the work environment is usually moderate

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Join our Talent Community

If you don’t find what you’re interested in when reviewing our open positions, please submit your resume with a brief cover letter to resume@camico.com

Benefits

CAMICO encourages the health and financial well-being of its employees by providing a comprehensive benefits program to meet the personal needs of its employees and their families. A partial list of CAMICO’s comprehensive benefit program include:

  • Medical (Blue Cross PPO plans, HSA Plans & Kaiser HMO & HSA)
  • Dental
  • Vision
  • 401(k) Savings Program with Employer Match
  • Paid Time Off (PTO)
  • Alternate Work Schedule (AWS)
  • Ancillary Benefits (Group Life, Long Term Disability, AD&D, Voluntary Term Life and Flexible Spending Account)
  • 9 paid holidays plus 1 floater

Mission Statement

In support of the CAMICO Mission, we are committed to:

  • Be the CPA’s resource for business insurance
  • Understand the profession and the CPA
  • Derive our expertise from a dedicated focus on practice and risk management
  • Maintain service and quality as our dominant competitive advantages
  • Making CAMICO a preferred place to work