JUNIOR ANALYST

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 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 Special Appointment position that serves at the pleasure of the Appointing Authority.

GRADE

MIA 0012

LOCATION OF POSITION

Baltimore City or Hybrid (between office and telework)

POSITION DUTIES

The Maryland Insurance Administration's Financial Regulation Division is recruiting to fill a Junior Analyst position. This position reviews initial registration applications to determine whether organizations should be permitted to conduct insurance related business in Maryland, and reviews renewal applications for businesses already authorized to transact insurance related business in Maryland. The Junior Analyst notifies companies of upcoming license expiration and provides instructions and documentation to facilitate license renewal; analyzes financial statements and audited financial statements to ensure minimum surplus and capital requirements are met to approve continued licensing for various renewal application types; and enforces Maryland laws and regulations to ensure compliance with renewal application requirements. Additional job duties include reconciling check deposit entries with reports maintained by the agency's Fiscal Services Unit and accurately processing that information in the SalesForce system; and maintaining and performing data validation in that system. The Junior Analyst is also responsible for processing and maintaining records of all legal documents (i.e., writs of garnishment, subpoenas, and summonses).

MINIMUM QUALIFICATIONS

Education : Completion of 60 credit hours at an accredited college or university.

Experience : Two years of administrative experience in an office environment.

Note : Additional administrative experience may be substituted on a year-for-year basis for up to two years of the required education.

BENEFITS

Our comprehensive benefits package includes a generous leave package; medical, prescription, dental and vision coverage; healthcare and dependent daycare flexible spending accounts; a defined benefit pension plan with optional 457 and 401k supplemental retirement plans; flexible work schedules; and service that may qualify the successful candidate for the Federal Public Service Loan Forgiveness Program.

STATE OF MARYLAND BENEFITS

FURTHER INSTRUCTIONS

Please contact : charrison@maryland.gov for additional information concerning this recruitment. Online applications are strongly preferred. For immediate consideration : upload one (1) WORD or PDF file, that includes your combined cover letter and resume, to the "Resume" tab. Please indicate your salary requirements in the cover letter.

If you are unable to apply online, you may submit an application packet by mail. Your submission must be received by close of business, on the closing date for the recruitment. Postmarks will not be accepted.

Complete application packets may be mailed to :

Maryland Insurance Administration

Human Resources - Recruitment # : #25-009636-0001

St. Paul Place, Suite 2700

Baltimore, MD 21202

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.

As an equal opportunity employer Maryland is committed to recruiting, retaining and promoting employees who are reflective of the State's diversity.