Insurance Manager (Manager III, Grade M3)

Insurance Manager

Montgomery County (MD)

$98,662.00 - $174,642.00 Annually

451 Hungerford Dr. Suite 701 Rockville MD 20850

Permanent

Department of Finance

FIN 32 Insurance

09 / 03 / 2025

9 / 19 / 2025 at 11 : 59 PM Eastern Time (US & Canada)

Exempt

About The Position

The salary range above represents this position's earning potential. The anticipated hiring range for this position will be $98,662 to $167,628, based on the candidate's qualifications and experience. Montgomery County is one of Maryland's outstanding places to live and work. With the largest population in Maryland at over one million residents and located near the Nation's capital, the County is one of the most affluent jurisdictions in Maryland and the nation. Montgomery County has a strong and diverse economy, with the 4th highest concentration of biotech in the U.S., corporate headquarters to industry leaders like Novavax, Marriott, Geico, and Lockheed Martin, and home to 32 federal facilities. Demographically, the County is approximately 42.9% white; 20.1% Hispanic or Latino; 20.1% Black or African American and 15.6% Asian. 91% of adult residents have at least a high school diploma while 57.8% hold a bachelor's or higher degree. Department of Finance programs include Controller operations (AP, AR, Timekeeping & Payroll, General & Grants Accounting); Fiscal Management (debt management, investing, cash management, and revenue and economic forecasting); Treasury (tax billing and collection, and cashiering); and Risk Management (self- and commercial insurance, claims administration, and safety). These programs, including department-wide experts in information technology, human resources, contracting and budgeting, are managed by a team of professionals with a depth of government experience, and with industry expertise developed while working for Fortune 500 companies, bond rating agencies, investment banking, insurance, public accounting, and financial and systems consulting.

Montgomery County Department of Finance (Finance) is seeking an energetic and results-oriented insurance manager with proven risk management and self-insurance program experience, to join our collaborative and committed senior management team. We are looking for an individual who possesses exceptional communication and organizational skills and the soft skills necessary to work effectively and successfully with others both internally and externally. Our managers demonstrate a high level of emotional intelligence evidenced by skills such as teamwork, problem-solving, adaptability, time management, critical thinking, and the ability to develop and maintain positive interpersonal relationships. This position is responsible for the oversight and management of the County's self-insurance program. The incumbent is responsible for the procurement of commercial property and casualty insurance; reviewing County contracts and other types of agreements for non-insurance transfer and the development of indemnification provisions; formulation of the annual budget for the self-insurance program, which includes significant interaction with the contract actuary; broker services and actuarial services contract administration; management of staff; and providing consulting services to County departments and outside agencies that participate in the County's self-insurance program. Additionally, as a manager / supervisor of unionized employees, this incumbent has a responsibility for fostering a positive labor relations environment based on mutual trust, respect, and cooperation.

What You'll Be Doing

The successful candidate for this role must demonstrate the following : skill in oral and written communication to multiple audiences and organizations and solid negotiating skills; thorough familiarity with, knowledge of, and the ability to analyze commercial insurance policies to maximize coverage; ability to analyze contracts for insurance compliance and indemnification (non-insurance transfer); ability to manage broker services and actuarial contracts; ability to analyze, interpret, and explain actuarial reports and advise on allocation recommendations; ability to manage the budget process to include budget development, analysis, and monitoring; ability to understand interrelationships across actuarial, budgeting, and accounting data, and to process / approve financial payments / transactions and effectively implement related reporting; and ability to manage staff in proactive, motivational, and coaching manner.

Minimum Qualifications

Experience : Five (5) years of progressively responsible professional experience in commercial insurance underwriting or with an insurance broker handling large commercial property and casualty accounts. Education : Graduation from an accredited college or university with a Bachelor's degree. Equivalency : An equivalent combination of education and experience may be substituted.

Preferred Criteria, Interview Preferences

1. Experience processing solicitations and managing contracts to obtain broker and actuarial services. 2. Experience reading and interpreting actuarial reports and developing budget recommendations. 3. Experience formulating and managing a large budget. 4. Experience speaking to groups and addressing senior management on Insurance and Risk Management issues including training and other matters. 5. Experience hiring, managing, evaluating, providing oversight and mentoring to subordinates and team members.