S.D. Admin. R. 20:06:12:05

Current through Register Vol. 51, page 67, December 16, 2024

Section 20:06:12:05 - Examiner III qualifications

An examiner III shall have the following education and experience:

(1) A bachelor's degree from an accredited college or university with a major in accounting, finance, insurance, statistics, general business administration or economics and a minimum of 15 college credits in accounting, plus at least 6 years of responsible insurance department examination experience; or

(2) Public or private insurance accounting experience for a minimum of six years and at least 15 college credits in accounting; or

(3) Accounting experience for at least 10 years in the capacity of treasurer, assistant treasurer, controller, assistant controller or auditor in an insurance company's home office or autonomous branch office; or

(4) An advanced college degree in business administration, accounting, finance, insurance, statistics, economics or another related field or a law degree, which may be substituted for 3 years of the required experience; or

(5) A combination of education and experience considered by the director of insurance to be a satisfactory equivalent.

S.D. Admin. R. 20:06:12:05

5 SDR 79, effective 3/29/1979; 12 SDR 151, 12 SDR 155, effective 7/1/1986; 39 SDR 219, effective 6/26/2013.

General Authority: SDCL 58-3-26.

Law Implemented: SDCL 58-3-1, 58-3-3.3, 58-3-15.