Jeff Rupp was named Assistant Director of Risk Assessment at the Ohio Department of Insurance in June 2012. He had been filling that role on an interim basis since November 2011. Rupp has more than 26 years of regulatory experience assessing the financial condition of insurance companies. He began his public service career at the Pennsylvania Department of Insurance in May 1986 and joined the Department in November 1990. His primary responsibility involves monitoring the financial solvency of insurers licensed in Ohio.
Rupp spent his first 10 years at the Department as a field examiner, supervising the on-site examinations of numerous Ohio-domiciled insurance companies, generally being assigned to those with financial and operational difficulties and in need of enhanced regulatory oversight. From 2000 to 2004 as Assistant Chief of Regulatory Action, he helped create and develop the Department’s regulatory action unit, which designed and implemented a more detailed approach as to how the Department monitors the statutory solvency and regulatory compliance of troubled insurers. Around 2005, Rupp was named Assistant Chief Financial Analyst, primarily responsible for overseeing the comprehensive analysis of the financial condition of Ohio-domiciled property and casualty insurers. He was later named Chief Financial Analyst, thereby assuming responsibility for the oversight of Ohio’s domestic life and health industry as well. Rupp played a key role in the Department’s Financial Analysis Division recently receiving full accreditation from the National Association of Insurance Commissioners (NAIC).
Rupp graduated from The Pennsylvania State University with a degree in accounting. He earned the Certified Financial Examiner (CFE) designation from the Society of Financial Examiners (SOFE) in 1990 and passed all four parts of the Certified Public Accountant (CPA) examination in 1999.