INSURANCE EXAMINER (Staff - Examiner-In-Charge I/II) **Revised**
MIA Analyst I - MIA Administrator V
Recruitment #18-009639-0003
Department | Maryland Insurance Administration |
---|---|
Filing Deadline | Open/Continuous |
Salary | Salary commensurate with experience |
Employment Type |
Full-Time
|
HR Analyst | Carla Harrison |
Work Location |
Baltimore City
|
Introduction
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.
* The positions listed are special appointment or management service and will serve at the pleasure of the appointing authority.
GRADE
Staff Examiner I &
II: $41,358- $50,506/year (Grade 15)
$44,017 - $70,265/year (Grades 16)
Staff
Examiner III: $46,857- $75,012 (Grade 17)
Senior
Examiner: $53,193- $85,401 (Grade 19)
Examiner-In-Charge
I & II: $56,743- $91,107 (Grade 20)
$60,543- $97,203 (Grade 21)
Main Purpose of Job
The MIA's Examination and Audit Division is recruiting for the position of Insurance Examiner. The ability to travel nationally for extended periods is required for all Examiner positions. This position has multiple levels, which are described below.
POSITION DUTIES
Staff Examiner I, II
& III – Conducts financial examinations of Maryland-domiciled insurance
companies and may, at the highest level, function as the Examiner-in-Charge
(EIC) on small-sized company examinations.
Senior Examiner –
Assists in the development of the examination plan, under the direction of the
EIC, and adjudicates the most complex financial examinations of small-to-medium
sized companies and Health Maintenance Organizations (HMOs). Provides direction
to and reviews the work of staff examiners.
Examiner-In-Charge
I/II – The Examiner-in-Charge I/II
plans the examination, assigns and reviews work of staff examiners, coordinates
the work of specialists, identifies solvency and other issues, drafts
examination reports, and maintains communication with insurance companies as
well as the Assistant Chief Examiner and Chief Examiner on the progress of
examinations.
The Examiner-In-Charge I/II will work in a typical office
environment and on-site in the offices of insurance companies being
examined. This position requires
extensive travel, in State and out-of state, that may involve long commutes or
overnight stays.
MINIMUM QUALIFICATIONS
Education:
Staff Examiner I & II - Possession of a Bachelor's Degree from an accredited four
year college or university with a major in accounting, business, finance or
related field, with sufficient accounting credits to sit for the Maryland CPA
exam. Evidence of a Certified Public Accountant (CPA), Certified Financial
Examiner (CFE) or Accredited Financial Examiner (AFE) designation may be
substituted for the accounting credits.
Staff Examiner III - Possession of a Bachelor's Degree from an accredited four
year college or university with a major in accounting, business, finance or
related field. Successful completion of all or parts of CPA, AFE, CFE
examinations.
Senior Examiner - Possession of a Bachelor's Degree from an accredited four
year college or university with a major in accounting, business, finance or
related field. Possession of a certificate as a Certified Public Accountant
(CPA), Certified Financial Examiner (CFE), or Accredited Financial Examiner
(AFE) designation is required.
Examiner-In-Charge I &
II -
Possession of a Bachelor's Degree from an accredited four year college or
university with a major in accounting, business, finance or related
field. Possession of a certificate as a Certified Public Accountant
(CPA), Certified Financial Examiner (CFE), or Accredited Financial Examiner
(AFE) designation is required.
Experience:
Staff Examiner I & II requires zero (0) - one (1) year of experience with a state
insurance department, public accounting firm or similar entity, or insurance
company in a financial or audit related field.
Staff Examiner III requires two (2) years of experience with a state insurance
department, public accounting firm or similar entity, or insurance company in a
financial or audit related field.
Senior Examiner requires a minimum of three (3) years of experience with a
state insurance department, public accounting firm or similar entity, or
insurance company in a financial or audit related area.
Examiner-In-Charge I & II requires a minimum of three
(3) - four (4) years of experience with a state insurance department,
public accounting firm or similar entity, or insurance company in a financial
or audit related area and one (1) - two (2) years as an In-Charge or supervisory
capacity.
SPECIAL REQUIREMENTS
Examiner-In-Charge I & II and Senior Examiner
Possession of a certificate as a Certified Public Accountant (CPA), Certified Financial Examiner (CFE), or Accredited Financial Examiner (AFE) designation is required.
SELECTION PROCESS
* For this specific recruitment, education obtained outside the U.S., must be evaluated by The NASBA International Evaluation Service (NIES). Please request a course-by-course evaluation of your foreign transcript. This information must be provided at the time of your application submission.
BENEFITS
FURTHER INSTRUCTIONS
If you have any questions about this recruitment, please contact charrison@maryland.gov.
For immediate consideration:
1. upload a current professional resume, to include specific salary requirements, at the "Resume" tab; and
2. provide a copy of your degree/transcript to confirm you have met the educational requirements.
If you are unable to apply online, you may submit via mail. Please be sure to include all documents listed above to ensure timely processing. Complete application packets may be mailed to:
Maryland Insurance Administration
Human Resources - Recruitment #: 18-009639-0003
200 St. Paul Place, Suite 2700
Baltimore, MD 21202
Incomplete submissions will not receive consideration.
TTY Users: call via Maryland Relay
We thank our Veterans for their service to our country, and encourage them to apply.
As an equal opportunity employer, Maryland is committed to recruiting, retaining, and promoting employees who are reflective of the State’s diversity.