Naic Jobs in Silver Spring, MD (NOW HIRING)

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 Management Service position that serves at the pleasure of the Appointing Authority.
GRADE
MIA 0025
LOCATION OF POSITION
Baltimore City or Hybrid (between office and telework)
Main Purpose of Job
The Chief Examiner manages the entire financial examination process, from scheduling examinations to final report issuance, to ensure the financial solvency of insurance companies and health maintenance organizations licensed in Maryland, that examinations are conducted effectively and efficiently, that examination procedures are sufficient to assess the companies' financial condition, that procedures will detect financial solvency risk areas, potential troubled companies and other significant issues, and that examinations meet the MIA and National Association of Insurance Commissioners (NAIC) Accreditation standards.
POSITION DUTIES
The Maryland Insurance Administration is recruiting to fill the Chief Examiner position in the Financial Regulation Division. The Chief Examiner manages the entire financial examination process, from scheduling examinations to final report issuance, to ensure the financial solvency of insurance companies and health maintenance organizations licensed in Maryland, that examinations are conducted effectively and efficiently, that examination procedures are sufficient to assess the companies' financial condition, that procedures will detect financial solvency risk areas, potential troubled companies and other significant issues, and that examinations meet the MIA and National Association of Insurance Commissioners (NAIC) Accreditation standards.
The Chief Examiner is also responsible for scheduling all examinations, reviewing and approving initial examination planning documents, attending status meetings on examinations, reviewing selected work papers in high-risk areas, providing direction and input to the examiners as needed, and reviewing and approving final examination reports. The Chief Examiner's duties may also include designing and conducting training for the staff of field examiners, meeting with companies on financial and admission issues, and attending NAIC conferences.
MINIMUM QUALIFICATIONS
Education: Bachelor's Degree from an accredited college or university.
Experience: Five years of experience with a state insurance department, public accounting firm, or similar audit entity, or another entity in a financial or audit-related area; and four of those years must be in an in-charge or supervisory capacity.
Licenses, Registrations and Certifications: Active Certified Financial Examiner (CFE) designation in accordance with the National Association of Insurance Commissioner (NAIC) requirement for Financial Examiners.
DESIRED OR PREFERRED QUALIFICATIONS

• Knowledge of Generally Accepted Accounting Principles (GAAP).
• Knowledge of Generally Accepted Auditing Standards (GAAS).

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.
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 #: 26-009662-0001
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.