ASSOCIATE COMMISSIONER– COMPLIANCE AND ENFORCEMENT
|Department||Maryland Insurance Administration|
|Date Opened||3/9/2017 7:00:00 AM|
|Salary||$106,240.00 - $114,671.00/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 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
Main Purpose of Job
This position reports directly to the Maryland Insurance Commissioner and serves as one of the MIA’s senior staff subject matter experts on issues concerning the oversight of domestic and foreign insurance companies and other entities regulated by the Maryland Insurance Administration. The Associate Commissioner – Compliance and Enforcement oversees the market conduct, producer enforcement, and producer licensing functions and meets regularly with the Insurance Commissioner to review both property and casualty and life and health regulatory issues identified through market conduct examinations and investigations. The incumbent may be required to travel in-state and out-of-state to meet with various stakeholders including producers, senior personnel at the offices of insurance companies, other MIA-regulated entities, consumers, and legislators.
This position will:
Establish work priorities of the Compliance and Enforcement unit with the Insurance Commissioner, based on statutory requirements, market trends, consumer complaints, and other relevant factors.
Provide direction to staff involved in comprehensive and targeted market conduct examinations, producer investigations, and other market actions.
Coordinate with other MIA senior staff to ensure thorough and consistent regulatory action and minimize duplication of efforts.
Serve as a member of the Insurance Commissioner’s senior staff and provide advice in matters pertaining to industry compliance with regulation and laws.
Represent the Administration and the Insurance Commissioner or serve as a member on NAIC committees, task forces, and/or working groups.
Represent the Administration and Insurance Commissioner and provide testimony at legislative hearings.
Possession of a Bachelor's degree from an accredited four year college or university.
At least 10 years of prior insurance-related governmental or industry regulatory experience, including at least 3 years of supervisory/management experience.
Knowledge of Maryland insurance laws and regulations.
Excellent written and verbal communication and organizational skills.
DESIRED OR PREFERRED QUALIFICATIONS
Prior experience as senior level manager of an insurance company or insurance regulatory agency.
Prior investigatory experience or experience performing examinations of regulated entities.
Please contact: email@example.com 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#: 17-009662-0001
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.
Click on a link below to apply for this position:
|Fill out the Application NOW using the Internet.|
|Apply via Paper Application.||You may also download and complete the Paper Application here.|