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EXECUTIVE CHIEF, MARKET REGULATION MIA Executive II

State of Maryland

Introduction The Maryland Insurance Administration (MIA) is an independent State agency that regulates Maryland’s $49 billion insurance industry and protects consumers by monitoring and enforcing insurers’ and insurance professionals’ compliance with State law. Staff members are subject matter experts who serve as a resource for lawmakers, consumers, and other public and private entities. The Maryland Insurance Administration (MIA) is an independent State agency that regulates Maryland’s $49 billion insurance industry and protects consumers by monitoring and enforcing insurers’ and insurance professionals’ compliance with State law. 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. This is a Management Service position that serves at the pleasure of the Appointing Authority.

GRADE

MIA 0023

LOCATION OF POSITION

Baltimore City or Hybrid (between office and telework)

POSITION DUTIES

The MIA is seeking an internal candidate to fill the Executive Chief, Market Regulation position in the Market Regulation and Professional Licensing Division. This position oversees and manages the operations of the Market Regulation area, which includes Market Data Analysis, Life & Health Market Conduct, and Property & Casualty Market Conduct. This position involves the direct supervision of Chief positions and indirect supervision of Market Conduct Examiners and Market Data Analysts. The Executive Chief writes or reviews reports, orders, and other documents related to market conduct actions or market data analyses; and provides technical advice on the conduct of market conduct actions and application of Maryland or Federal laws. This position keeps up to date on best practices and changes to the law; and collects data to monitor status of Market Conduct exams and investigations, MFR data, and status of actions required by legislative audits and statutes to ensure that the Division is complying with statutory or other requirements. Minimum Qualifications Education: Possession of a Bachelor's Degree from an accredited four-year college or university. Experience: Eight years of experience in life and health and/or property and casualty insurance compliance for a regulatory agency or an insurer, which includes two years of supervisory or management experience. OR Note: High school diploma or GED and twelve years of experience in life and health and/or property and casualty insurance compliance for a regulatory agency or an insurer, which includes two years of supervisory or management experience. Desired Or Preferred Qualifications Possession of a Certified Insurance Examiner (CIE), Accredited Insurance Examiner (AIE), Market Conduct Management (MCM), Associate Professional in Insurance Regulation (APIR) or related professional designation.

LIMITATIONS ON SELECTION

This recruitment is open to current employees of the Maryland Insurance Administration only. 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. #J-18808-Ljbffr State of Maryland

Vacancy posted 2 days ago
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