Market Analyst/Data Management Specialist
|Department||Maryland Insurance Administration|
|Date Opened||9/13/2013 12:00:00 PM|
|Filing Deadline||9/27/2013 11:59:00 PM|
|Salary||$41,896.00 - $66,880.00/year|
|HR Analyst||Carla Harrison|
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 financial analysts, accountants, lawyers, law enforcement officers, actuaries, and others, the MIA works to facilitate a strong 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 range of responsibilities including the licensure of insurance companies 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 companies are subject to market conduct examinations to monitor compliance with Maryland law. The MIA has a unit dedicated to consumer education and outreach, which participates in hundreds of events and reaches thousands of individual consumers annually.
Main Purpose of Job
The MIA's Compliance and Enforcement Unit is recruiting for the position of Market Analyst/Data Management Specialist. This position reports to the Chief of Market Analysis and is responsible primarily for monitoring, collecting, validating and interpreting insurance industry data in support of the MIA’s assessment of the business practices of insurers and other regulated entities. The Market Analyst/Data Management Specialist assists in developing and implementing methods, procedures, systems and analytic techniques for market data analysis. The position also serves as technical liaison to MIA and various external data management and systems departments. The position involves occasional travel and attendance at various training, industry or regulatory seminars and meetings.
MINIMUM EDUCATION OR GENERAL REQUIREMENTS
Education: Bachelor’s degree from an accredited four-year college or university.
Experience: Minimum of two (2) years of experience with insurance regulation and compliance, insurance data analysis, health care data analysis or actuarial analysis is preferred.
DESIRED OR PREFERRED QUALIFICATIONS
Experience with processing, analyzing or auditing large-scale electronic data files is preferred.
Excellent computer skills, including the use of Microsoft Word, Excel, Access and PowerPoint.
Ability to multi-task and work effectively independently and cooperatively.
LIMITATIONS ON SELECTION
For immediate consideration, you MUST upload a single document at the "Resume" tab that contains:
1) a cover letter stating your interest;
2) salary history;
3) specific salary requirements; and
4) a current professional resume.
*If you are unable to apply online, you may submit the requested information via mail. Please include all items listed above to ensure consideration. Incomplete submission will not receive consideration.