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Investment Specialist

Closing Date Extended

Recruitment #13-009645-002

Introduction

The Maryland Insurance Administration (MIA) is an independent State agency that regulates Maryland’s insurance industry and protects Maryland consumers.  There are approximately 1,600 insurance companies and more than 135,000 insurance producers (agents and brokers) that conduct business in the State of Maryland and that impact Maryland citizens who purchase insurance products.  Through the diligence of a highly professional staff, the MIA works to facilitate a strong insurance marketplace where consumers are well informed and treated fairly.  

IMPORTANT:  To be considered for a position with the MIA, you must upload a single document that contains a cover letter stating your interest with your salary history and salary requirements, along with a current professional resume.  Refer to the "Further Instructions" section at the end of this page.

Main Purpose of Job

The Maryland Insurance Administration is recruiting for the position of Investment Specialist for its Examination and Auditing Section.    The Examination and Auditing Section is charged with regulating the financial solvency of all insurance companies operating in Maryland.  Working directly with the Associate Commissioner and other insurance professionals, the Investment Specialist is an integral part of our leadership team.  This position  researches and provides guidance on complex investment issues, investment products and financial transactions (e.g., derivatives, credit default swaps, etc.); reviews insurer investment portfolios and investment plans; assists with financial analysis and examination projects; identifies significant issues and risk areas and recommends solutions; and provides training on investment issues.  Strong investment analysis, analytical, communication and computer skills are required.  Some travel within Maryland and out of State is also required.

MINIMUM EDUCATION OR GENERAL REQUIREMENTS

Education: A Bachelor’s degree from an accredited college or university in Finance, Accounting, Business Administration, or related field.

Experience: Four years of experience evaluating investments and making recommendations to businesses/individuals concerning investment decisions.   

DESIRED OR PREFERRED QUALIFICATIONS

An MBA, Chartered Financial Analyst or CFA candidate, Investment Professional in Insurance Regulation (iPIR), or equivalent designation is preferred.  Extensive investment experience, particularly in an insurance environment, is desired.

FURTHER INSTRUCTIONS

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 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#: 13-009645-002

200 St. Paul Place, Suite 2700

Baltimore, MD 21202

Incomplete submissions will not receive consideration.

 

TTY  Users: call via Maryland Relay

As an equal opportunity employer Maryland is committed to recruiting, retaining and promoting employees who are reflective of the State’s diversity.

 



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