Job Description
The Department of Insurance and Financial Services (DIFS) is seeking individuals to work in public service as a Budget Analyst in Office of Financial and Administrative Services. These positions offer an opportunity to build a lifelong career doing work that truly matters - helping to protect consumers and maintain public confidence in Michigan’s insurance and financial services industries.
The right candidate will have a significant role in the Office of Financial and Administrative Services as a Budget Analyst for budget and financial reporting. As part of a collaborative team, you will help ensure that budget and financial reports are accurate and compliant with state and federal reporting requirements. Responsibilities include assisting with budget development, monitoring development schedules, preparing required reports, and tracking relevant legislation. Additionally, you will support efforts to review and improve processes that enhance operational efficiency and effectiveness.
For the specific position descriptions, please click here: Financial Analyst 9-P11
Ideal Candidates Will Have
- The drive to serve the people of the State of Michigan and make a difference in an important role that supports Michigan individuals and businesses.
- The ability to thrive in a dynamic, collaborative, and high-tech environment while demonstrating sound professional judgement and decision-making.
- A curious and analytical mind capable of analyzing complex statutes, policy forms, and converting this information into an easy to understand, consumer friendly format.
- The ability to communicate clearly, concisely, and effectively both orally and in writing.
- The desire to work closely with colleagues and management to solve problems.
- The ability to work well both independently and within a team.
- Experience developing, reviewing, and analyzing budget and financial data.
Other Job Features
- DIFS is looking for a team member who has an interest in helping others, who wants to learn and grow as a professional, and who wants to enjoy all the exciting things life in Michigan has to offer.
- This position provides competitive pay, retirement, health, vision, and dental benefits.
Note: The Salary listed above is a range, and the final salary is determined by the selected candidate’s education and experience.
- This position currently offers a $2,500 signing bonus to eligible new hires.***
Work Location: This is an in-person position based in
Lansing, Michigan, with the possibility for a hybrid work schedule where you would work from home up to three days per week, following a training period if approved.
Please submit a cover letter, resume, copy of official college transcripts, and three professional references, including current and previous supervisors.
An "official college transcript" must contain the college/university name and address, the degree conferred and date granted, coursework completed, and the Registrar's signature and/or seal.
A scanned or electronic copy is acceptable, as long as it contains the elements listed above. The college/university does not have to send the transcripts directly to DIFS.
Failure to attach the requested documents may result in your application being screened out.
The use of artificial intelligence (AI) software of any kind is prohibited in all areas of the selection process, including, but not limited to, responses to application questions, and responses to interview questions or exercises. Any applicant that is suspected of using AI software for any portion of the selection process may be screened out.
DIFS is a Gold-Level Veteran-Friendly Employer, committed to recruiting, training, and retaining veterans and their spouses.
Required Education And Experience
Education
Possession of a bachelor's degree in any major with at least 12 semester (18 term) credits in one or a combination of the following: accounting, finance, or economics.
Experience
Financial Analyst 9
No specific type or amount is required.
Financial Analyst 10
One year of professional experience providing a systematic review, analysis, interpretation, and/or evaluation of budgets, mortgages, loans, or other financial data, equivalent to a Financial Analyst 9.
Financial Analyst P11
Two years of professional experience providing a systematic review, analysis, interpretation, and/or evaluation of budgets, mortgages, loans, or other financial data, equivalent to a Financial Analyst, including one year equivalent to a Financial Analyst 10.
Alternate Education And Experience
College credits may be substituted on a proportional basis (one year of college education may substitute for one quarter of the required experience) for up to one half of the required experience.
Additional Requirements And Information
View the job specification at: https://www.michigan.gov/mdcs/-/media/Project/Websites/mdcs/JOBSPECS/F/FinancialAnalyst.pdf
Accommodations
If you require a reasonable accommodation to participate in the application or selection processes, please contact the ADA coordinator for the agency that posted this position vacancy.
