Market Conduct Examiner I
|Department||Maryland Insurance Administration|
|Date Opened||3/27/2014 8:35:00 AM|
|Filing Deadline||4/10/2014 11:59:00 PM|
|Salary||$40,547.00 - $64,536.00/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.
The Maryland Insurance Administration’s Compliance and Enforcement Unit is recruiting for the position of Market Conduct Examiner I, Life & Health. The main purpose of this position is to perform on site examinations, investigations, surveys and analyses of the business practices of HMOs, dental plans, nonprofit health services plans, and life and health insurers. The incumbent will document work performed during an examination, investigation, analysis or other market conduct action to summarize findings, determine regulatory compliance, and recommend additional or corrective action; and draft reports detailing the work performed during an examination, investigation or analysis. This position involves frequent travel in and out of State for extended periods of time.
MINIMUM EDUCATION OR GENERAL REQUIREMENTS
Education: Bachelor’s degree from an accredited four year college or university.
Experience: One year of experience as an underwriter, claims adjuster, insurance producer, insurance regulator or related profession.
DESIRED OR PREFERRED QUALIFICATIONS
Candidate should have strong analytic and writing skills; and
Experience reading and laws and regulations.
For immediate consideration, you MUST upload a single document at the Resume tab that contains:
1. a cover letter that includes your interest and salary requirements;
2. 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.
Complete application packets may be mailed to:
Maryland Insurance Administration
200 St. Paul Place, Suite 2700
Baltimore, MD 21202
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.