Introduction The Maryland Insurance\r\nAdministration (MIA) is an independent State agency that regulates Maryland's\r\n$49 billion insurance industry and protects consumers by monitoring and\r\nenforcing insurers' and insurance professionals' compliance with State\r\nlaw.� Staff members are subject matter experts who serve as a resource for\r\nlawmakers, consumers, and other public and private entities.�\r\n\r\nThe MIA is charged with a broad range of responsibilities including the\r\nlicensure of insurance carriers and insurance producers (brokers/agents)\r\noperating in Maryland, the conduct of financial examinations of companies to\r\nmonitor financial solvency, and the review and approval of rates and contract\r\nforms.� The MIA investigates reports of consumer fraud and consumer\r\ncomplaints about life, health, automobile, homeowners, and/or property\r\ninsurance.� Insurance carriers are subject to market conduct examinations\r\nand other actions to monitor compliance with Maryland law.� The MIA also\r\nhas a unit dedicated to consumer education and outreach, which participates in\r\nhundreds of events and reaches thousands of individual consumers annually.\r\n�\r\n
- These are Management\r\nService positions that serve at the pleasure of the Appointing Authority.�\r\n GRADE
- Salary Guidelines Apply
- \r\n�\r\nSenior Examiner (MIA\r\n0019):�������� $81,750 - $128,924\r\n\r\n�\r\nExaminer-In-Charge I (MIA\r\n0020):��$87,253- $137,603 \r\n
LOCATION OF POSITION
Baltimore City, Hybrid (between office and telework), or\r\n100% remote\r\n
POSITION DUTIES
The MIA's Financial\r\nRegulation Division is recruiting to fill two (2) positions at the Senior\r\nExaminer or Examiner-in-Charge I levels.� An Examiner-in-Charge I functions as the day-to-day lead worker on financial examinations\r\nof medium-sized Maryland-domiciled insurance companies. The Examiner-in-Charge\r\nI plans the examination, assigns and reviews work of staff examiners,\r\ncoordinates the work of specialists, identifies solvency and other issues, and drafts\r\nexamination reports.\r\n�\r\nA Senior Examiner functions\r\nas an assistant on financial examinations of Maryland-domiciled insurance\r\ncompanies. While on an examination, this position reports to and receives\r\ndirection from the Examiner-In-Charge designated to oversee that exam. The Senior\r\nExaminer examines financial statement accounts with the most complex\r\naccounting, internal control, solvency and compliance issues. This position\r\nalso serves as a lead worker to other staff examiners assisting the Senior\r\nExaminer on assigned work. In these instances, the Senior Examiner is\r\nresponsible for providing direction to and reviewing the work performed by lower\r\nlevel Insurance Examiner staff to ensure that directions are properly carried\r\nout..\r\n�\r\nFor both the Senior\r\nExaminer and Examiner-in-Charge I levels, portions of the work may be �performed at the insurance companies, or other\r\nentities regulated by the State, and portions are performed via telework. The\r\npositions may be required to travel, in State and out-of-state, and may involve\r\nlong commutes or overnight stays.\r\n
MINIMUM QUALIFICATIONS
Senior Examiner:
\r\n�\r\n
Education:
Bachelor's Degree from an accredited\r\nfour-year college or university.\r\n�\r\n
Experience:
Three years of experience with a state\r\ninsurance department, public accounting firm, or similar audit entity, or\r\nanother entity in a financial or audit-related area. \r\n�\r\n
Licenses, Registrations, and Certifications:
Active Accredited\r\nFinancial Examiner (AFE) designation, Certified Financial Examiner (CFE)\r\ndesignation, Certified Internal Auditor (CIA) designation, or Certified Public\r\nAccountant (CPA) license. \r\n�\r\n
Special Requirements:
An employee in this\r\nclassification� possessing a Certified\r\nInternal Auditor (CIA) designation, or Certified Public Accountant (CPA)\r\nlicense must obtain the Society of Financial Examiners' Accredited Financial\r\nExaminer (AFE)� designation within three\r\nyears of employment.\r\n\r\n\r\n�\r\n\r\nExaminer-In-Charge�
I:
�\r\n�\r\n
Education:
Bachelor's degree\r\nfrom an accredited college or university.\r\n�\r\n
Experience:
Three years of experience with a state insurance department, a public\r\naccounting firm or similar audit entity, or an insurance company in a financial\r\nor audit-related area. One year of this experience must have been in an\r\nin-charge or supervisory capacity.\r\n�\r\n
Licenses, Registrations, and Certifications:
Active Certified\r\nFinancial Examiner (CFE) designation, Active Certified Financial Examiner\r\n(AFE), Certified Internal Auditor (CIA) designation, or Certified\r\nPublic Accountant (CPA) license.\r\n�\r\n
Special Requirements:
An employee in this classification must obtain the Society of\r\nFinancial Examiners' Certified Financial Examiner (CFE) designation within five\r\nyears of employment.� This must be\r\naccomplished by obtaining the Accredited Financial Examiner (AFE)� designation within three years of employment\r\nand obtaining the CFE within the subsequent two years. For a new employee or\r\nexisting employee who already possesses an AFE designation, they must obtain a\r\nCFE designation within two years of acquiring the position.�\r\n
SELECTION PROCESS
For education obtained outside the U.S., a copy\r\nof the equivalent American education as determined by a foreign credential\r\nevaluation service will be required prior to hire.�Verification of\r\nrequired designation or license must be provided at the time of application\r\nsubmission. For this recruitment, applicants meeting the minimum qualifications\r\nwill be placed on the Eligible List as equally qualified and remain eligible\r\nfor consideration for at least one year.\r\n
BENEFITS
Our comprehensive benefits\r\npackage includes a generous leave package; medical, prescription, dental and\r\nvision coverage; healthcare and dependent daycare flexible spending accounts; a\r\ndefined benefit pension plan with optional 457 and 401k supplemental retirement\r\nplans; flexible work schedules; and service that may qualify the successful\r\ncandidate for the Federal Public Service Loan Forgiveness Program.\r\n\r\nSTATE
OF MARYLAND
BENEFITS\r\n
FURTHER INSTRUCTIONS
If you have any questions\r\nabout this recruitment, please contact the Maryland Insurance Administration at\r\n410-468-2000.\r\n�\r\nFor immediate\r\nconsideration, upload one WORD�or�PDF file, at the\r\n'Resume' tab, that contains:\r\n1. a cover letter stating\r\nyour interest and specific salary requirements; and\r\n2. a current professional\r\nresume.\r\nIf you are unable to apply\r\nonline, you may submit via mail.� Please be sure to include all documents\r\nlisted above to ensure timely processing. Complete application packets may be\r\nmailed to:\r\n�\r\nMaryland Insurance\r\nAdministration\r\nHuman Resources -\r\nRecruitment #:� 26-009643-0001\r\nSt. Paul Place, Suite 2700\r\nBaltimore, MD 21202\r\nIncomplete submission will\r\nnot receive consideration.\r\nTTY�
Users:
call via\r\nMaryland Relay\r\nWe thank our Veterans for\r\ntheir service to our country, and encourage them to apply.\r\nAs an equal opportunity\r\nemployer Maryland is committed to recruiting, retaining and promoting employees\r\nwho are reflective of the State's diversity.\r\n