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Insurance Analyst, Lead

Recruitment #15-009642-0001

Introduction

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. 

LOCATION OF POSITION

Baltimore City

POSITION DUTIES

The Lead Analyst in the Life and Health, Health Review Unit will review health insurance contracts, riders, applications, advertising and premium rate filings to determine compliance with Maryland laws and regulations and Administration requirements.   The incumbent will also assign and perform quality reviews of the work of insurance analysts and provide training and guidance to less experienced analysts.  This position will correspond with insurance companies regarding deficiencies in form filings and make recommendations to carriers on revisions necessary to bring the filings into compliance with Maryland laws and regulations.  

MINIMUM QUALIFICATIONS

Education: Possession of a Bachelor’s degree from an accredited college or university.

Experience: Five years experience drafting or analyzing life or health insurance policy forms for a regulatory agency or licensed insurer.

Note:  The requirements indicated below are acceptable substitutions to the above minimum requirements:

1. Ten  years experience drafting or analyzing life or health insurance policy forms for a regulatory agency or licensed insurer;

2. Five years’ experience in drafting or analyzing life, health, or credit insurance contract forms for a regulatory agency, or a licensed carrier, and FLMI or equivalent designation.

LIMITATIONS ON SELECTION

This recruitment is open to current employees of the Maryland Insurance Administration's Health Review Unit only. 

BENEFITS

FURTHER INSTRUCTIONS

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 #:  15-009642-0001 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.




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