What are the responsibilities and job description for the INSURANCE EXAMINER II-III *Repost position at State of Maryland - Maryland Insurance Administration?
Introduction
**Previous Applicants Need Not Reapply** 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 Special Appointment position that serves at the pleasure of the appointing authority.
GRADE
Insurance Examiner II�(grade 16):� Salary range: $60,987 - $98,313/year � Insurance Examiner III�(grade 17): Salary range: $64,984 - $104,954/year
LOCATION OF POSITION
Baltimore City, Hybrid (between office and telework), or 100% remote
POSITION DUTIES
The MIA's Financial Regulation Division is recruiting to fill an Insurance Examiner position at the II (intermediate) or III (full performance) levels.� Insurance Examiners conduct financial examinations of Maryland-domiciled insurance companies. This work involves examining individual financial statement accounts for accounting, solvency, or compliance issues; and preparing work papers to document examination work performed. �Portions of the work are performed at the insurance companies’ offices, and portions are performed via telework. �Accordingly, Insurance Examiners 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.
MINIMUM QUALIFICATIONS
Insurance Examiner II Education: Bachelor's degree in accounting from an accredited college or university; or a bachelor’s degree from an accredited college or university to include or supplemented by 6 credit hours in Accounting, 3 credit hours in Finance or Economics, 3 credit hours in Business Law. � Experience: One year of experience with a state insurance department, public accounting firm or similar audit entity, or another entity in a financial or audit-related area. � Insurance Examiner III Education: Bachelor’s degree from an accredited college or university. � Experience: Two 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. � Special Requirements: Successful completion of at least one part of the Certified Public Accountant (CPA)�or�Accredited Financial Examiner (AFE) examination.
SELECTION PROCESS
A transcript is required to verify that applicants meet the education requirements for this position. �For education obtained outside the U.S., a course-by-course evaluation of your foreign transcript may be requested prior to interview. �
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: � 1-���Upload one (1) WORD or PDF file, at the 'Resume' tab, that contains�a cover letter stating your interest and specific salary requirements, and a current professional resume. 2-���Upload transcript and, if applicable, a course-by-course evaluation of foreign education credentials. � 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 #:� 24-009640-0002 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
Salary : $60,987 - $98,313
