Skip to Main Content

Lead, Company Licensing Analyst

Recruitment #22-009640-0003

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.    

 

* This is a Special Appointment position that serves at the pleasure of the appointing authority.

GRADE

16

LOCATION OF POSITION

Baltimore City, Telework, or Hybrid (between office and telework)

POSITION DUTIES

The Maryland Insurance Administration’s Examination and Audit Division is recruiting to fill a Lead, Company Licensing Analyst position. This position performs in-depth statutory compliance and financial analysis, including, but not limited to, the computation and interpretation of ratios, statistical pattern analysis, and the study and interpretation of various company and industry trends, and reconciliation of corporate financial filings such as annual statements, actuarial opinions, management discussion and analysis reports, examination reports and various schedules submitted by insurers requesting licensing in Maryland.  The position also performs quarterly analysis of foreign companies licensed in Maryland to test solvency and identify any companies whose certificate of authority is in jeopardy; and service of process responsibilities. The Lead, Company Licensing Analyst assigns, reviews the work of, and provides training to a lower level Company Licensing Analyst.

MINIMUM QUALIFICATIONS

Education: Bachelor’s degree from an accredited college or university. 

 

Experience: Four years of experience examining, analyzing, and interpreting financial records and reports.

 

Note: Certified Public Accountant (CPA), Accredited Financial Examiner (AFE) or Certified Financial Examiner (CFE) designation and two years of experience examining, analyzing, and interpreting financial records and reports may substitute for the experience requirement.

BENEFITS

FURTHER INSTRUCTIONS

Please contact: charrison@maryland.gov 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 #:  22-009640-0003

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 Online
Apply via Paper Application. You may also download and complete the Paper Application here.

Powered by JobAps