COMPLIANCE OFFICER – LIFE AND HEALTH

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.

* This is a Management Service position that serves at the pleasure of the Appointing Authority.

MIA 0019

Baltimore City, Hybrid (between office and telework)

The MIA is recruiting for a Compliance Officer- Life and Health in the Life and Health Division.  This position provides expert technical compliance assistance to all sections of the Life and Health Division in resolving complex regulatory issues arising from complaint investigations, reviews of form filings, network access plans, and Mental Health Parity Reports, and inquiries from the public, industry, regulatory agencies, and elected officials.  Duties include researching and analyzing state and federal life and health insurance statutes, regulations, guidance, and associated agency enforcement policies; and drafting or editing determination letters, administrative orders, bulletins, regulations, legislation, and other technical compliance memorandums for internal and external distribution. The Compliance Officer- Life and Health also provides technical compliance assistance on complex legal and regulatory issues to Life and Health Division staff and management.

Education: Possession of a bachelor’s degree from an accredited college or university.

Experience: Six years of compliance experience specific to life and health insurance; one year of this experience must include the analysis of insurance laws.

Note: The requirements indicated below are acceptable substitutions to the above minimum requirements:

1. Possession of a Juris Doctorate degree and four years of legal experience; or
2. Possession of a Juris Doctorate degree and two years of legal experience specific to insurance law.  

• Possession of a J.D. degree
• Professional insurance designation: Associate, Life Management Institute (ALMI); Associate, Insurance Regulatory Compliance (AIRC); Fellow, Life Management Institute (FMLI); or Professional in Insurance Regulation (PIR);
• Professional experience analyzing, interpreting, and applying Maryland and federal life and health insurance laws and regulations;
• Law degree specialization in areas relevant to this position, such as Health Law, Administrative Law, or Regulatory Compliance.
• Strong legal research and writing skills.

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.

STATE OF MARYLAND BENEFITS

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.

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 #: 24-009643-0002

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.

As an equal opportunity employer Maryland is committed to recruiting, retaining and promoting employees who are reflective of the State’s diversity.