The Insurance and Financial Management Branch Chief of the Longshore program in the Federal Department of Labor is retiring at the end of 2010 and they are looking for a person with significant experience on the underwriting/broker (as opposed to only the claims) side of the industry to work in their D.C .office.
The position is at the highest level of the federal general salary scale which ranges up to $155,000 and offers outstanding fringe benefits. Although they seek a long-term employee, the position is open to those who may be ready to retire from the private insurance industry but seek a short term opportunity to continue to work, earning another small pension and life-long benefits.
The person in the job oversees the regulation of the insurance industry, accepting, reviewing and acting on applications to participate in the system from insurance companies and self-insured employers. The incumbent also manages the Longshore Special Fund, paying benefits directly to 5,000 beneficiaries and assessing participating companies for support of the Fund, managing an ongoing industry auditing contract, and participating in numerous policy decisions in the Longshore Division.
The vacancy announcement is now posted through October 22, 2010 on the federal government’s job site, WWW.USAJOBS.GOV. The posting number is DE-10-ESA-OW-126 and instructions for applicants are detailed at this site. ACT FAST!