State of Maryland
ASSISTANT CHIEF EXAMINER (MIA Executive II)
State of Maryland, Baltimore, Maryland, United States, 21276
Overview
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 a 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’s responsibilities include licensure of insurance carriers and producers, financial examinations to monitor solvency, and review and approval of rates and contract forms. The MIA investigates reports of consumer fraud and complaints about life, health, auto, homeowners, and 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. * This is a Management Service position that serves at the pleasure of the Appointing Authority. Position
GRADE: MIA 0023 Location
Baltimore City or Hybrid (between office and telework) Position Duties
The MIA is recruiting to fill an Assistant Chief Examiner position in the Financial Regulation Division. This position oversees the planning and conducting of statutory financial examinations of Maryland-domiciled insurance companies, in order to assess companies’ financial condition, enforce solvency standards, and determine compliance with applicable laws and regulations, in accordance with MIA policies and procedures. The Assistant Chief Examiner will monitor the process and direction of the examinations; supervise the Examiner-in-Charge and staff examiners; review examination workpapers to ensure examinations are carried out in accordance with MIA policies and procedures and that deviations to the plan are appropriate; and oversee the preparation and submission of examination reports. The Assistant Chief Examiner identifies significant issues and solvency risk areas, recommends a course of action to ensure these concerns are promptly and adequately addressed by the MIA, and notifies the Chief Examiner of these issues. The Assistant Chief Examiner may be required to travel on-site to the offices of insurance companies being examined. The incumbent must be available to travel in-State and out of state. Travel may involve long commutes or overnight stays. Minimum Qualifications
Education: Bachelor’s degree from an accredited college or university. Experience: Four 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; and three of those years must be in an in-charge or supervisory capacity. Licenses, Registrations and Certifications: Active Certified Financial Examiner (CFE) designation in accordance with the National Association of Insurance Commissioners (NAIC) requirement for Financial Examiners. 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. State of Maryland 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. 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 #: 25-009660-0004, 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.
#J-18808-Ljbffr
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 a 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’s responsibilities include licensure of insurance carriers and producers, financial examinations to monitor solvency, and review and approval of rates and contract forms. The MIA investigates reports of consumer fraud and complaints about life, health, auto, homeowners, and 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. * This is a Management Service position that serves at the pleasure of the Appointing Authority. Position
GRADE: MIA 0023 Location
Baltimore City or Hybrid (between office and telework) Position Duties
The MIA is recruiting to fill an Assistant Chief Examiner position in the Financial Regulation Division. This position oversees the planning and conducting of statutory financial examinations of Maryland-domiciled insurance companies, in order to assess companies’ financial condition, enforce solvency standards, and determine compliance with applicable laws and regulations, in accordance with MIA policies and procedures. The Assistant Chief Examiner will monitor the process and direction of the examinations; supervise the Examiner-in-Charge and staff examiners; review examination workpapers to ensure examinations are carried out in accordance with MIA policies and procedures and that deviations to the plan are appropriate; and oversee the preparation and submission of examination reports. The Assistant Chief Examiner identifies significant issues and solvency risk areas, recommends a course of action to ensure these concerns are promptly and adequately addressed by the MIA, and notifies the Chief Examiner of these issues. The Assistant Chief Examiner may be required to travel on-site to the offices of insurance companies being examined. The incumbent must be available to travel in-State and out of state. Travel may involve long commutes or overnight stays. Minimum Qualifications
Education: Bachelor’s degree from an accredited college or university. Experience: Four 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; and three of those years must be in an in-charge or supervisory capacity. Licenses, Registrations and Certifications: Active Certified Financial Examiner (CFE) designation in accordance with the National Association of Insurance Commissioners (NAIC) requirement for Financial Examiners. 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. State of Maryland 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. 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 #: 25-009660-0004, 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.
#J-18808-Ljbffr