Senior Market Conduct Examiner - Life & Health

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.

17

Baltimore City

This position functions as a senior examiner and examiner-in-charge performing examinations, investigations, and desk audits of the business practices of HMOs, dental plans, nonprofit health service plans, and life and health insurers, and any other person or entities engaged in the life and health insurance industry and regulated by the Maryland Insurance Administration. This position functions as a lead examiner overseeing all aspects of market conduct examinations and investigations. The Senior Market Conduct Examiner may be a liaison between the market conduct team and the company being examined, and may assign tasks to team members working on an exam in addition to performing analysis of information provided by the company. The Senior Market Conduct Examiner may also draft correspondence, reports, and orders resulting from the exam.

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

Experience: Five (5) years of work experience as an insurance regulator or in the Compliance or Legal department of a life or health carrier or related profession.

OR 

Nine years of work experience as an insurance regulator or in the Compliance or Legal department of a life or health carrier or related profession.

Knowledge of Maryland insurance laws and regulations and/or federal regulations concerning life and health insurance

Familiarity with the standards in the NAIC Market Regulation Handbook and standard market conduct practices

An Accredited Insurance Examiner or Certified Insurance Examiner designation from the Insurance Regulatory Examiners Society or similar credential

Strong research abilities

Ability to communicate effectively verbally and in writing

Ability to analyze information and draw accurate conclusions

STATE OF MARYLAND BENEFITS

 

If you have any questions about this recruitment, please contact lynn.hill@maryland.gov

For immediate consideration, upload one WORD or PDF file, at the "Resume" tab, that contains:

1.  a cover letter stating your interest and specific salary requirements; and

2.  a current professional resume.

If you are unable to apply online, you may submit via mail. Please be sure to include all documents that are listed above, to ensure timely processing.

Complete application packets may be mailed to:

Maryland Insurance Administration Human Resources - Recruitment#: 23-009641-0001

200 St. Paul Place, Suite 2700 Baltimore, MD 21202

Incomplete submission will not receive consideration.