Fiscal Services Administrator II

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, 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. 

Baltimore City

This position serves as the MIA’s Fiscal Services Director. This position is involved in the planning, management and fiscal guidance of the agency’s Fiscal Services Department to include preparing the annual budget; premium tax collection, reconciliation, and administrative expense allocation; accounts receivable and payable; and inventory management.  The Fiscal Services Director is part of a management team and reports directly to the Deputy Insurance Commissioner.

The Fiscal Services Director will:

•  Lead and manage staff within the MIA Fiscal Services Department to include supervisory and staff level fiscal positions.
• Draft policies and procedures for Fiscal Unit and implement legislative changes to the financial sections of the agency for review and approval of the Insurance and Deputy Insurance Commissioners.
• Prepare and submit the MIA’s annual budget request to Maryland Department of Budget and Management, and attend House/Senate hearings on the budget and supports the agency’s position on item that may be required by the committee.
• Prepare, analyze and interpret financial, statistical and narrative reports of fiscal services, activities and projects.
• Review legislative audit reports and reports by outside auditors, develop audit responses and implement corrective action plans.
• Maintain ongoing performance standards and reviews to evaluate fiscal activities, records and reports to determine if they provide a basis for making sound fiscal judgments and if program objectives are being met.
• Provide agency revenue forecasts and financial analysis to the State’s revenue forecasting personnel and for various annual assessments required by Maryland Law, including Managing for Results (MFR).

Education:  A Bachelor's degree in Accounting from an accredited college or university or a bachelor's degree from an accredited college or university with 30 credit hours in accounting and related courses, including or supplemented by 3 credit hours in auditing. 

Experience:  Seven (7) years of experience examining, analyzing and interpreting accounting systems, records and reports by applying generally accepted accounting principles; of which two (2) years must have involved the supervision of fiscal staff.

• Master's degree from an accredited college or university and/or possession of a certificate as a Certified Public Accountant (CPA).
• Prior experience performing fiscal related activities for a State agency including knowledge of and experience using FMIS.

STATE OF MARYLAND BENEFITS

If you have any questions about this recruitment, please contact the Maryland Insurance Administration at 410-468-2000.

For immediate consideration, upload one WORD or PDF file, at the "Resume" tab, that contains:

1. a cover letter stating your interest and specific salary requirements; and

2. a current professional resume.

If you are unable to apply online, you may submit 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 #:  16-004529-0005

St. Paul Place, Suite 2700

Baltimore, MD 21202

Incomplete submission will not receive consideration.

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.