Senior Financial Analyst **Repost

Position: SENIOR FINANCIAL ANALYST I **REPOST**
Introduction
** Previous applicants are still being considered
** 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.

GRADEMIA 0019

LOCATION OF POSITIONBaltimore City or Hybrid
(between office and telework)
POSITION DUTIESThe MIA is recruiting to
fill a Senior Financial Analyst I position with the Financial Regulation
Division.  This position represents the lead level of work
monitoring domestic
and foreign insurance companies that transact business in Maryland for solvency
and for compliance with applicable laws, regulations, and other regulatory
requirements to protect Maryland citizens.
The position performs in-depth analyses of insurers’ annual and
quarterly statements, and other filings, to identify and assess the insurer’s exposure to the branded
risk classifications; and investigates and assesses significant unusual
items, fluctuations or other issues found and significant prospective risks
with the potential to affect the solvency of the insurer. The Senior Financial
Analyst I researches related topics/issues, documents significant
findings, writes an overall summary, prepares draft correspondence, and
concludes on the financial condition and statutory compliance of the insurers. In addition, the Senior Financial
Analyst I performs in-depth reviews of the work products of assigned Financial
Analysts; prepares review notes related to those reviews; and ensures that
areas of concern are properly addressed.

MINIMUM QUALIFICATIONS

Education:

Bachelors’ degree from an
accredited college or university.

Experience:

Three years of experience with a
state insurance department, a public accounting firm or similar audit entity,
or another entity in a financial or audit-related area is required.

Licenses,
Registrations and

Certifications:

Active Certified Public Accountant
(CPA), Accredited Financial Examiner (AFE), or Certified Financial Examiner
(CFE) designation required.

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 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.

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