Competition # : 42625
Department: Finance and Treasury Board
Location: HALIFAX
Type of Employment: Permanent
Union Status: NSGEU - NSPG
Closing Date: 09-May-24 (Applications are accepted until 11:59 PM Atlantic Time)
At the Nova Scotia Department of Finance and Treasury Board we strive to provide financial leadership, analysis and policies that strengthen Nova Scotia. As stewards of the province's financial affairs, we deliver a wide range of corporate fiscal and management services - including the preparation of the provincial budget, forecast updates, and financial advice to departments, crown corporations and other public service entities.
The Compliance Officer reports to the Manager of Financial Institutions and collaborates with division team members on regulatory filings and issues in sectors like insurance, trusts, loans, and credit unions. This streamlined role is essential for upholding regulatory standards, ensuring public trust, and maintaining financial stability through careful oversight, resolving complaints effectively, and monitoring compliance strictly.
The role involves key responsibilities across various sectors as outlined by the Insurance Act, Credit Union Act, and Trust and Loan Companies Act:
The ideal candidate should possess at minimum a Bachelor's Degree in Commerce, Business, Science, or Arts, accompanied by a minimum of 5 years of experience in insurance administration, or an equivalent blend of education and experience. You must demonstrate a robust understanding of both the Canadian Insurance Industry and the Nova Scotia Insurance Act and Regulations.
Key attributes for success include attention to detail, analytical thinking, and sound judgment. Additionally, the candidate should exhibit advanced communication skills, enabling them to effectively convey complex information and navigate challenging conversations.
Proficiency in both written and verbal communication is essential for drafting documents and addressing inquiries. Working knowledge of Microsoft Word, Excel, and Outlook is a prerequisite.
Having a Chartered Insurance Professional (CIP) designation, Canadian Accredited Insurance Broker (CAIB), or having completed the LLQP course would be considered an asset. Additionally, having experience as an insurance agent would also be an asset.
Applicants relying on education and experience equivalencies must demonstrate such equivalencies in their application.
Based on the employment status and union agreement, the Government of Nova Scotia offers its employees a wide range of benefits such as a Defined Benefit Pension Plan, Health, Dental, Life Insurance, General illness, Short and Long Term Disability, Vacation and Employee and Family Assistance Programs. For information on all our Benefit program offerings, click here: Benefits for government employees.
Pay Grade: PR 13
Salary Range: $2,556.10 - $3,107.16 Bi-Weekly
Employment Equity Statement:
Our goal is to be a diverse workforce that is representative, at all job levels, of the citizens we serve. The Government of Nova Scotia has an Employment Equity Policy, and we welcome applications from Indigenous People, African Nova Scotians and Other Racially Visible Persons, Persons with Disabilities and Women in occupations or positions where they are under-represented. If you are a member of one of these equity groups, you are encouraged to self-identify on your electronic application.
This is a bargaining unit position initially restricted to current civil service employees represented by the Nova Scotia Government Employees Union (NSGEU). If applying from outside a government office, employees must apply correctly via this link:
Failure to apply correctly means that your application will not be given first consideration as a bargaining unit applicant, and will only be included if external applications are pursued.
External applicants and current casual employees will only be considered if there are no qualified civil service bargaining unit candidates. PLEASE NOTE: Candidates will not be considered for an interview if applications are incomplete or are missing information.
Offer of employment is conditional upon the completion of all applicable background checks and confirmation of credentials, the results of which must be satisfactory to the employer. We thank all applicants for the interest, however, only those selected for an interview will be contacted. All questions and concerns may be directed to Competitions@novascotia.ca.