SENIOR FINANCIAL ANALYST I **REPOST**
state of maryland usaBaltimore, MD
16 days ago
Industries
Regulation, Licensing, and Inspection of Miscellaneous Commercial SectorsAll Other Insurance Related ActivitiesRegulation and Administration of Transportation Programs$81,750.00 - $128,924.00/year
APPLY NOWAbout the role
IntroductionPrevious applicants are still being consideredThe Maryland Insurance Administration (MIA) isan independent State agency that regulates Maryland's $49 billion insuranceindustry and protects consumers by monitoring and enforcing insurers' andinsurance professionals' compliance with State law. Staff members aresubject matter experts who serve as a resource for lawmakers, consumers, andother public and private entities. The MIA is charged with a broad range of responsibilities including thelicensure of insurance carriers and insurance producers (brokers/agents)operating in Maryland, the conduct of financial examinations of companies tomonitor financial solvency, and the review and approval of rates and contractforms. The MIA investigates reports of consumer fraud and consumercomplaints about life, health, automobile, homeowners, and/or propertyinsurance. Insurance carriers are subject to market conduct examinationsand other actions to monitor compliance with Maryland law. The MIA alsohas a unit dedicated to consumer education and outreach, which participates inhundreds 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 0019LOCATION OF POSITIONBaltimore City or Hybrid(between office and telework)
POSITION DUTIES:
The MIA is recruiting tofill a Senior Financial Analyst I position with the Financial Regulation Division. This position represents the lead level of workmonitoring domesticand foreign insurance companies that transact business in Maryland for solvencyand for compliance with applicable laws, regulations, and other regulatoryrequirements to protect Maryland citizens. The position performs in-depth analyses of insurers' annual andquarterly statements, and other filings, to identify and assess the insurer's exposure to the brandedrisk classifications; and investigates and assesses significant unusualitems, fluctuations or other issues found and significant prospective riskswith the potential to affect the solvency of the insurer. The Senior Financial Analyst I researches related topics/issues, documents significantfindings, writes an overall summary, prepares draft correspondence, andconcludes 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 thatareas of concern are properly addressed.
MINIMUM QUALIFICATIONS
Education: Bachelors' degree from anaccredited college or university.
Experience:
Three years of experience with astate 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 generousleave package; medical, prescription, dental and vision coverage; healthcareand dependent daycare flexible spending accounts; a defined benefit pensionplan with optional 457 and 401k supplemental retirement plans; flexible workschedules; and service that may qualify the successful candidate for the Federal Public Service Loan Forgiveness Program. STATE OF MARYLANDBENEFITS FURTHER INSTRUCTIONSPlease contact: charrison@maryland.gov foradditional information concerning this recruitment. Online applications arestrongly preferred. For immediate consideration: upload one (1) WORD or PDFfile, that includes your combined cover letter and resume, to the"Resume" tab. If you are unable to apply online, you maysubmit an application packet by mail. Your submission must be received by closeof business, on the closing date for the recruitment. Postmarks will notbe accepted. Complete application packets may be mailed to: Maryland Insurance Administration Human Resources - Recruitment #: 26-009643-0002 St. Paul Place, Suite 2700 Baltimore, MD 21202TTY Users: call via Maryland Relay We thank our Veterans for their service to ourcountry and encourage them to apply. As an equal opportunity employer Maryland iscommitted to recruiting, retaining and promoting employees who are reflectiveof the State's diversity. Department Maryland Insurance Administration Date Opened 9/9/2026 09:45:00 AMFiling Deadline Open/Continuous Salary$81,750.00 - $128,924.00/year (Salary Guidelines Apply)Employment Type Full-TimeHR Analyst Carla Harrison Work Location Baltimore City Telework Eligible Yes
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JOB OVERVIEW
Salary
$81,750.00 - $128,924.00/year
Experience level
Lead
Location
Baltimore, MD
Occupation
Financial Examiners
Industry
Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors
Posted
16 days ago
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