Chief, Market Conduct Examiner (Life and Health) (MIA ADMINISTRATOR V)

State of Maryland • Baltimore, MD, United States • $200k - $250k / year • 22h 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.

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.

GRADE

LOCATION OF POSITION

Baltimore City or Hybrid (between office and telework)

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.

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

Possession of a Certified Insurance Examiner (CIE), Accredited Insurance Examiner (AIE), Market Conduct Management (MCM), Associate Professional in Insurance Regulation or related professional designation.

BENEFITS

STATE OF MARYLAND BENEFITS

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:

a cover letter stating your interest and specific salary requirements;
a current professional resume.

The online application process is preferred. If you are unable to apply online, you may submit the requested information via mail. Please be sure to include all documents listed above to ensure timely processing. Complete application packets may be mailed to:

Maryland Insurance Administration
Human Resources - Recruitment #: 24-009645-0001
200 St. Paul Place, Suite 2700
Baltimore, MD 21202

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