State Of Maryland Baltimore , MD 21203
Posted 2 weeks ago
Introduction
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.
GRADE
21
LOCATION OF POSITION
Baltimore City
Main Purpose of Job
This position manages all aspects of market conduct examinations and investigations involving life and health insurance companies and other licensees operating in the state of Maryland. The Chief Examiner oversees the senior examiners and examiners.
This position is responsible for working with the Market Analysis Unit to select companies to be examined and to determine the type of market conduct continuum action to be performed utilizing guidelines contained in the NAIC Market Regulation Handbook for the examination of life and health insurance companies and other licensees. In addition, the Chief Examiner oversees and schedules appropriate market conduct investigations and exams necessitated by market trends, emerging compliance issues, and/or complaints.
MINIMUM QUALIFICATIONS
Bachelor's degree from an
accredited four-year college or
university�and�seven�years�of life and health insurance experience�as an underwriter, claims adjuster, insurance
producer, insurance regulator, or related profession,�which
includes�two�years of supervisory or management experience.�
OR
High school diploma or
GED�and�eleven�years�of life and health insurance
experience as�an underwriter, claims adjuster, insurance producer,
insurance regulator, or related profession, which includes two years of
supervisory or management experience.
DESIRED OR PREFERRED QUALIFICATIONS
BENEFITS
STATE OF MARYLAND BENEFITS
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FURTHER INSTRUCTIONS
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:
State Of Maryland