EXECUTIVE CHIEF, MARKET REGULATION

About the job

Introduction

The Maryland Insurance\r\nAdministration (MIA) is an independent State agency that regulates Maryland’s\r\n$49 billion insurance industry and protects consumers by monitoring and\r\nenforcing insurers’ and insurance professionals’ compliance with State\r\nlaw.� Staff members are subject matter experts who serve as a resource for\r\nlawmakers, consumers, and other public and private entities.�\r\n\r\nThe MIA is charged with a broad range of responsibilities including the\r\nlicensure of insurance carriers and insurance producers (brokers/agents)\r\noperating in Maryland, the conduct of financial examinations of companies to\r\nmonitor financial solvency, and the review and approval of rates and contract\r\nforms.� The MIA investigates reports of consumer fraud and consumer\r\ncomplaints about life, health, automobile, homeowners, and/or property\r\ninsurance.� Insurance carriers are subject to market conduct examinations\r\nand other actions to monitor compliance with Maryland law.� The MIA also\r\nhas a unit dedicated to consumer education and outreach, which participates in\r\nhundreds of events and reaches thousands of individual consumers annually.\r\n�\r\n* This is a Management Service position that serves at\r\nthe pleasure of the Appointing Authority.\r\n

GRADE

MIA 0023\r\n

LOCATION OF POSITION

Baltimore City or Hybrid (between office and\r\ntelework)\r\n

POSITION DUTIES

The MIA is seeking an\r\ninternal candidate to fill the Executive Chief, Market Regulation position in\r\nthe Market Regulation and Professional Licensing Division. This position\r\noversees and manages the operations of the Market Regulation area, which\r\nincludes Market Data Analysis, Life & Health Market Conduct, and Property\r\n& Casualty Market Conduct. This position involves the direct supervision of\r\nChief positions and indirect supervision of Market Conduct Examiners and Market\r\nData Analysts. The Executive Chief writes or reviews reports, orders, and other\r\ndocuments related to market conduct actions or market data analyses; and\r\nprovides technical advice on the conduct of market conduct actions and\r\napplication of Maryland or Federal laws. This position keeps up to date on best\r\npractices and changes to the law; and collects data to monitor status of Market\r\nConduct exams and investigations, MFR data, and status of actions required by\r\nlegislative audits and statutes to ensure that the Division is complying with\r\nstatutory or other requirements.\r\n

MINIMUM QUALIFICATIONS

Education:\r\nPossession of a Bachelor's Degree from an accredited four-year college or\r\nuniversity.\r\n�\r\nExperience: Eight years of\r\nexperience in life and health and/or property and casualty insurance compliance\r\nfor a regulatory agency or an insurer, which includes two years of\r\nsupervisory or management experience.\r\n�\r\nOR\r\n�\r\nNote: High school diploma\r\nor GED and twelve years of experience in life and health and/or property and\r\ncasualty insurance compliance for a regulatory agency or an insurer,\r\nwhich includes two years of supervisory or management experience.\r\n

DESIRED OR PREFERRED QUALIFICATIONS

Possession of a Certified Insurance Examiner (CIE), Accredited Insurance\r\nExaminer (AIE), Market Conduct Management (MCM), Associate Professional in\r\nInsurance Regulation (APIR) or related professional designation.�\r\n

LIMITATIONS ON SELECTION

This recruitment is open to current employees of the Maryland Insurance\r\nAdministration only.�\r\n

BENEFITS

\r\n\r\n\r\nSTATE OF MARYLAND BENEFITS\r\n

FURTHER INSTRUCTIONS

If you have any\r\nquestions about this recruitment, please contact�charrison@maryland.gov.� For immediate consideration, upload one WORD or\r\nPDF file, at the 'Resume' tab, that contains:\r\n\r\n\r\n1. a cover letter\r\nstating your interest and specific salary requirements; and\r\n2. a current\r\nprofessional resume.\r\nIf you are unable\r\nto apply online, you may submit via mail.� Please be sure to include all\r\ndocuments listed above to ensure timely processing. Complete application\r\npackets may be mailed to:\r\n\r\n\r\nMaryland\r\nInsurance Administration\r\nHuman Resources -\r\nRecruitment #:� 26-009660-0001\r\nSt. Paul Place,\r\nSuite 2700\r\nBaltimore, MD\r\n21202\r\n\r\n\r\nIncomplete\r\nsubmission will not receive consideration.\r\n\r\n\r\nTTY� Users:\r\ncall via Maryland Relay\r\nWe thank our\r\nVeterans for their service to our country, and encourage them to apply.\r\nAs an equal\r\nopportunity employer Maryland is committed to recruiting, retaining and\r\npromoting employees who are reflective of the State’s diversity.\r\n