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Accounting

 
Sandra Steele
Division Manager
The Accounting Division is responsible for providing timely and accurate state financial services for the Department of Insurance and its approximately 150 employees. The Division accounts for receipts and disbursements associated with the general operations of the Department, which includes the following divisions:
  • Producer Licensing
  • Rates and Forms 
  • Consumer Services
  • Personnel
  • Examination
  • Legal
  • Information Technology
  • State Fire Marshal
  • Receivership
  • Office of the Commissioner
  • Accounting
Responsibilities of the Accounting Division include accounting for, analyzing, and reporting on annual departmental receipts of approximately $300 million distributed to the General Fund, Special Education Trust Fund and various Insurance Department funds.
The Accounting Division also performs the following essential functions:
  • Prepares the Department’s smart plan, annual operations plan, quarterly performance report, and budget requests
  • Processes departmental semi-monthly payroll and maintains leave records
  • Maintains property records and conducts annual property inventory audits
  • Performs purchasing functions for departmental supplies and equipment  
  • Acts as system liaison to Information Technology and Producer Licensing Divisions to ensure that all producer fees for license applications, appointments and renewals are collected
  • Opens and distributes departmental mail
October 07, 2008
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