Premium Tax Examiner/Company Licensing Analyst

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, 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. 

Baltimore City

The MIA is seeking to hire a Premium Tax Examiner/Company Licensing Analyst in the Examination and Audit Division’s Company Licensing Unit.  This position performs audits of premium and retaliatory tax returns from insurers writing business in Maryland; collects additional taxes, interests and penalties; and maintains related premium tax documentation.  This position also reviews applications from insurers requesting to be licensed or authorized to operate in Maryland.  The incumbent performs in-depth statutory compliance and financial analysis, including, but not limited to, the computation and interpretation of ratios, statistical pattern analysis, and the study and interpretation of various company and industry trends, of corporate financial filings submitted by insurers requesting licensing in Maryland. The Premium Tax Examiner/Company Licensing Analyst reviews applications of insurers and other regulated entities for completeness, provides guidance to companies to cure their deficiencies, and prepares

Education: Bachelor degree from an accredited college or university in accounting, business, finance or related field; or sufficient credits to sit for the Maryland CPA exam.

Experience: One year of experience performing financial or accounting responsibilities.

• The ideal candidate will have strong accounting, analytical, and computer skills. Professional certification, including CPA, AFE, and/or CFE, is desirable.
• Prior experience in the insurance industry, in a financial or audit capacity, is desirable.

STATE OF MARYLAND BENEFITS

Please contact: charrison@maryland.gov for additional information concerning this recruitment.

For immediate consideration, you MUST upload a single document at the "Resume" tab that contains:

1) a cover letter stating your interest and salary requirements; and

2) a current professional resume.  

Please be sure to include all documents listed above to ensure timely processing. 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 submissions will not be considered.  

Complete application packets may be mailed to:

Maryland Insurance Administration

Human Resources - Recruitment#: 17-009639-0003

200 St. Paul Place, Suite 2700 Baltimore, MD 21202 

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