ACTUARIAL ANALYST I, CONTRACTUAL *Repost*
MIA ANALYST II
Recruitment #25-009640-0001
Department | Maryland Insurance Administration |
---|---|
Date Opened | 2/3/2025 1:30:00 PM |
Filing Deadline | Open/Continuous |
Salary | $32.69 - $36.63/hour |
Employment Type |
Full-Time
|
HR Analyst | Carla Harrison |
Work Location |
Baltimore City
|
Introduction
**Previous applicants need not reapply**
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. 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.
GRADE
MIA 0016
LOCATION OF POSITION
Baltimore City (potential
for hybrid between office and teleworking)
POSITION DUTIES
The Property &
Casualty Division is recruiting for a full-time contractual Actuarial Analyst I
level position. This position handles property and casualty actuarial
responsibilities for the MIA with primary focus on personal and commercial lines
rate filings from or on behalf of insurance carriers. The Actuarial Analyst I performs rate filing
reviews in accordance with actuarial principles, Maryland statutes, and
guidelines of the Property & Casualty Division. The incumbent provides support
to the Chief Actuary as it pertains to actuarial/financial reports and the review
of proposed legislation and regulations.
MINIMUM QUALIFICATIONS
Education:
Bachelor's degree from an accredited college or university in Mathematics,
Actuarial Science, Statistics or related fields.
Experience: One (1) to two (2) years of actuarial or insurance analysis experience in the Property & Casualty industry.
Special Requirement: Successful completion of one (1) Casualty Actuarial Society exam.
DESIRED OR PREFERRED QUALIFICATIONS
· Ability to communicate effectively verbally and in writing.
· Ability to analyze information and draw accurate conclusions.
· Strong computer experience, to include
experience with Microsoft Excel and Word.
Selection Plan
Applicant must document,
in their resume, completion of actuarial exam(s) as required by the specific job
level. Proof of completion must be submitted prior to an interview. Clearly
indicate your college degree and major in your resume. For education obtained outside the of U.S., a
course-by-course evaluation of your foreign transcript will be required.
Candidates scheduled for an interview must submit verification of education prior
to the appointment.
BENEFITS
Contractual employees who work for an agency covered under the State Employee and Retiree Health and Welfare Benefits Program, have a current employment contract and work 30 or more hours a week (or on average 130 hours per month) may be eligible for subsidized health benefits coverage for themselves and their dependents. As a contractual employee, you will be responsible for paying 25% of the premiums for your medical and prescription coverage, including any eligible dependents you have enrolled. The State of Maryland will subsidize the remaining 75% of the cost for these benefits. You can also elect to enroll in dental coverage, accidental death and dismemberment insurance, and life insurance, but will be responsible to pay the full premium for these benefits.
Leave may be granted to a contractual employee who has worked 120 days in a 12 month period. This leave accrues at a rate of one hour for every 30 hours worked, not to exceed 40 hours per calendar year.
FURTHER INSTRUCTIONS
Please contact:
charrison@maryland.gov for additional information concerning this recruitment.
Online applications are strongly preferred. For immediate consideration,
upload one WORD or PDF file, at the "Resume" tab, that contains:
1. a cover letter which
includes specific salary requirements; and
2. a current professional
resume.
If you are unable to
apply online, you may submit an application by mail. The paper
application 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 #: 25-009640-0001
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 Online |
Apply via Paper Application. | You may also download and complete the Paper Application here. |