DEPUTY INSURANCE COMMISSIONER
|Department||Maryland Insurance Administration|
|Date Opened||9/19/2019 08:54:00 AM|
|Filing Deadline||12/20/2019 11:59:00 PM|
|Salary||Commensurate with experience|
|HR Analyst||Kyia Underwood|
The Maryland Insurance Administration (MIA) is an independent State agency that regulates Maryland’s insurance industry and protects consumers by monitoring and enforcing insurers’ and insurance professionals’ compliance with State law. Through the diligence of a highly professional staff of market analysts, financial analysts, accountants, lawyers, law enforcement officers, actuaries, complaint investigators, and others, the MIA works to facilitate a strong and competitive insurance marketplace where consumers are well informed and treated fairly. Staff members are subject matter experts who serve as a resource for lawmakers, consumers, and other public and private entities.
The MIA is charged with a broad range of responsibilities including the licensure of insurance carriers and insurance producers (brokers/agents) operating in Maryland, the conduct of financial examinations of companies to monitor financial solvency, and the review and approval of rates and contract forms. The MIA investigates reports of consumer fraud and consumer complaints about life, health, automobile, homeowners, and/or property insurance. Insurance carriers are subject to market conduct examinations and other actions to monitor compliance with Maryland law. The MIA also has a unit dedicated to consumer education and outreach, which participates in hundreds of events and reaches thousands of individual consumers annually.
LOCATION OF POSITION
The Maryland Insurance Administration (MIA) is recruiting for the position of Deputy Insurance Commissioner. This position reports directly to the Maryland Insurance Commissioner and acts as the Commissioner’s designee, if needed, at in and out-of-state meetings and by providing testimony during the legislative session. The Deputy Commissioner directs the day-to-day operation of the Human Resources, Information Technology, Fiscal, and Procurement units. The Deputy also prepares, and assists in the preparation of, reports, bulletins, testimony, regulations, and legislation. The Deputy also conducts administrative hearings and prepares written opinions on an as needed basis. The Deputy Commissioner advises the Maryland Insurance Commissioner on numerous consumer and industry-related issues.
Education: Possession of a Bachelor's degree from an accredited four year college or university.
Experience: At least 10 years of prior insurance-related governmental or industry regulatory experience,
including at least 3 years of supervisory/management experience.
DESIRED OR PREFERRED QUALIFICATIONS
Preference will be given to applicants who possess the following preferred qualification(s). Include clear and specific information on your application regarding your qualifications.
- Law Degree (Juris Doctor), Master’s Degree in Public Administration, Business Administration or equivalent strongly preferred.
- Knowledge of Maryland insurance laws and regulations.
- Prior experience as senior level manager of an insurance company or insurance regulatory agency.
- Excellent written and verbal communication and organizational skills.