ASSISTANT CHIEF EXAMINER
MIA Executive II
|Department||Maryland Insurance Administration|
|Date Opened||2/28/2023 11:38:00 AM|
|Salary||$87,967.00 - $136,233.00/year (Salary Guidelines Apply)|
|HR Analyst||Carla Harrison|
The Maryland Insurance Administration (MIA) is an independent State agency that regulates Maryland’s $46 billion 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.
* This is a Management Service position that serves at the pleasure of the appointing authority.
LOCATION OF POSITION
Baltimore City or Hybrid (between office and telework)
The MIA is recruiting to fill an Assistant Chief Examiner position in the Financial Regulation Division. This position oversees the planning and conducting of statutory financial examinations of Maryland-domiciled insurance companies, in order to assess companies’ financial condition, enforce solvency standards, and determine compliance with applicable laws and regulations, in accordance with MIA policies and procedures. The Assistant Chief Examiner will monitor the process and direction of the examinations; supervise the Examiner-in-Charge and staff examiners; review examination workpapers to ensure examinations are carried out in accordance with MIA policies and procedures and that deviations to the plan are appropriate; and oversee the preparation and the submission of examination reports. The Assistant Chief Examiner identifies significant issues and solvency risk areas, recommends a course of action to ensure these concerns are promptly and adequately addressed by the MIA, and notifies the Chief Examiner of these issues.
The Assistant Chief Examiner may be required to travel on-site to the offices of insurance companies being examined. The incumbent in this position must be available to travel in-State and out of state. Travel may involve long commutes or overnight stays.
Education: Bachelor’s degree from an accredited college or university.
Experience: Four years of experience with a state insurance department, public accounting firm or similar audit entity, or another entity in a financial or audit-related area; and three of those years must be in an in-charge or supervisory capacity.
Licenses, Registrations and Certifications: Active Certified Financial Examiner (CFE) designation in accordance with the National Association of Insurance Commissioner (NAIC) requirement for Financial Examiners.
Please contact: email@example.com for additional information concerning this recruitment. Online applications are strongly preferred. For immediate consideration: upload one (1) WORD or PDF file, that includes your combined cover letter and resume, to the "Resume" tab. Please ensure your cover letter states your interest and salary requirements.
If you are unable to apply online, you may submit an application packet by mail. Your submission must be received by close of business, on the closing date for the recruitment. Postmarks will not be accepted.
Complete application packets may be mailed to:
Maryland Insurance Administration
Human Resources - Recruitment #: 23-009660-0001
200 St. Paul Place, Suite #2700
Baltimore, MD 21202
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.
Click on a link below to apply for this position:
|Fill out the Application NOW using the Internet.|
|Apply via Paper Application.||You may also download and complete the Paper Application here.|