INSURANCE EXAMINER II-III *Repost*
MIA ANALYST II - MIA ADMINISTRATOR I
Recruitment #24-009640-0002
Department | Maryland Insurance Administration |
---|---|
Date Opened | 9/18/2024 11:00:00 AM |
Filing Deadline | Open/Continuous |
Salary | Salary Commensurate with Experience |
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. 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
Insurance Examiner II (grade 16): Salary range: $60,987 - $98,313/year
Insurance Examiner III (grade 17): Salary range: $64,984 - $104,954/year
LOCATION OF POSITION
Baltimore City, Hybrid (between office and telework), or 100%
remote
POSITION DUTIES
The MIA's Financial Regulation Division is
recruiting to fill an Insurance Examiner position at the II (intermediate) or
III (full performance) levels. Insurance Examiners conduct financial
examinations of Maryland-domiciled insurance companies. This work involves
examining individual financial statement accounts for accounting, solvency, or
compliance issues; and preparing work papers to document examination work
performed. Portions of the work are performed at the insurance companies’
offices, and portions are performed via telework. Accordingly, Insurance
Examiners may be required to travel in state and out of state to visit the
offices of insurance companies or other entities regulated by the State, or
other locations that may provide sources of information needed to complete
assigned tasks.
MINIMUM QUALIFICATIONS
Insurance Examiner II
Education: Bachelor's degree in accounting from an accredited
college or university; or a bachelor’s degree from an accredited college or
university to include or supplemented by 6 credit hours in Accounting, 3 credit
hours in Finance or Economics, 3 credit hours in Business Law.
Experience: One year of experience with a state insurance
department, public accounting firm or similar audit entity, or another entity
in a financial or audit-related area.
Insurance Examiner III
Education: Bachelor’s degree from an accredited college or
university.
Experience: Two 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.
Special Requirements: Successful completion of at least one part
of the Certified Public Accountant (CPA) or Accredited
Financial Examiner (AFE) examination.
SELECTION PROCESS
A transcript is required to verify that applicants meet the
education requirements for this position. For education obtained outside
the U.S., a course-by-course evaluation of your foreign transcript may be
requested prior to interview.
BENEFITS
Our comprehensive benefits
package includes a generous leave package; medical, prescription, dental and
vision coverage; healthcare and dependent daycare flexible spending accounts; a
defined benefit pension plan with optional 457 and 401k supplemental retirement
plans; flexible work schedules; and service that may qualify the successful
candidate for the Federal Public Service Loan Forgiveness Program.
FURTHER INSTRUCTIONS
Please contact: charrison@maryland.gov for
additional information concerning this recruitment. Online applications are
strongly preferred. For immediate consideration:
1- Upload one (1) WORD or PDF file, at the
"Resume" tab, that contains a cover letter stating your interest
and specific salary requirements, and a current professional resume.
2- Upload transcript and, if applicable, a
course-by-course evaluation of foreign education credentials.
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 #: 24-009640-0002
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.
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. |