SENIOR EXAMINER (MIA ADMINISTRATOR III)
at State of Maryland
Baltimore, MD 21205, USA -
Start Date | Expiry Date | Salary | Posted On | Experience | Skills | Telecommute | Sponsor Visa |
---|---|---|---|---|---|---|---|
Immediate | 29 Oct, 2024 | USD 73957 Annual | 30 Jul, 2024 | 3 year(s) or above | Consumer Education,Homeowners,Health | No | No |
Required Visa Status:
Citizen | GC |
US Citizen | Student Visa |
H1B | CPT |
OPT | H4 Spouse of H1B |
GC Green Card |
Employment Type:
Full Time | Part Time |
Permanent | Independent - 1099 |
Contract – W2 | C2H Independent |
C2H W2 | Contract – Corp 2 Corp |
Contract to Hire – Corp 2 Corp |
Description:
INTRODUCTION
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 Management Service position that serves at the pleasure of the appointing authority.
MINIMUM QUALIFICATIONS
Education: Bachelor’s Degree from an accredited four-year college or university.
Experience: Three 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.
Licenses, Registrations and Certifications: Active Certified Financial Examiner (CFE) designation in accordance with the National Association of Insurance Commissioner (NAIC) requirement for Financial Examiners.
Responsibilities:
POSITION DUTIES
The MIA’s Financial Regulation Division is recruiting to fill a Senior Examiner position. The Senior Examiner represents the lead level of work conducting financial examinations of Maryland-domiciled insurance companies. This work involves examining individual financial statement accounts of insurance entities with the most complex accounting, internal controls, solvency, and compliance issues; and preparing work papers to document examination work performed. This position provides direction and assistance to a lower level Insurance Examiners assigned to assist the Senior Examiner on examinations; and reviews the work of Insurance Examiner to ensure that directions are properly carried out. Portions of the work are performed at the insurance companies’ offices, and portions are performed via telework. The Senior Examiner 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.
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
REQUIREMENT SUMMARY
Min:3.0Max:8.0 year(s)
Insurance
Accounts / Finance / Tax / CS / Audit
Insurance
Graduate
Proficient
1
Baltimore, MD 21205, USA