SENIOR EXAMINER/EXAMINER-IN-CHARGE I

State of Maryland

$81K — $137K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree from an accredited college or university
  • Three years of experience in a financial audit-related field, particularly with state insurance departments or public accounting firms
  • Supervisory experience required for Examiner-in-Charge I position
  • Active certification such as AFE, CFE, CIA, or CPA is mandatory
  • Must obtain specific designations within a defined timeframe (AFE within 3 years; CFE within 5 years for Examiner-in-Charge I)

Responsibilities

  • Lead and coordinate staff examiners on financial examinations
  • Plan and assign examination tasks for efficiency
  • Identify solvency and compliance issues during exams
  • Draft comprehensive examination reports on findings
  • Provide direction and review the work of junior examiners
  • Conduct financial statement analysis focusing on complex issues

Benefits

  • Generous leave package
  • Comprehensive medical, prescription, dental, and vision coverage
  • Flexible spending accounts for healthcare and dependent daycare
  • Defined benefit pension plan with additional retirement options (457 and 401k)
  • Flexible work schedules, including hybrid and remote options
  • Potential qualification for the Federal Public Service Loan Forgiveness Program
Full Job Description
GRADE

*Salary Guidelines Apply*

Senior Examiner (MIA 0019): $81,750 - $128,924

Examiner-In-Charge I (MIA 0020): $87,253- $137,603

LOCATION OF POSITION

Baltimore City, Hybrid (between office and telework), or 100% remote

POSITION DUTIES

The MIA's Financial Regulation Division is recruiting to fill two (2) positions at the Senior Examiner or Examiner-in-Charge I levels. An Examiner-in-Charge I functions as the day-to-day lead worker on financial examinations of medium-sized Maryland-domiciled insurance companies. The Examiner-in-Charge I plans the examination, assigns and reviews work of staff examiners, coordinates the work of specialists, identifies solvency and other issues, and drafts examination reports.

A Senior Examiner functions as an assistant on financial examinations of Maryland-domiciled insurance companies. While on an examination, this position reports to and receives direction from the Examiner-In-Charge designated to oversee that exam. The Senior Examiner examines financial statement accounts with the most complex accounting, internal control, solvency and compliance issues. This position also serves as a lead worker to other staff examiners assisting the Senior Examiner on assigned work. In these instances, the Senior Examiner is responsible for providing direction to and reviewing the work performed by lower level Insurance Examiner staff to ensure that directions are properly carried out..

For both the Senior Examiner and Examiner-in-Charge I levels, portions of the work may be performed at the insurance companies, or other entities regulated by the State, and portions are performed via telework. The positions may be required to travel, in State and out-of-state, and may involve long commutes or overnight stays.

MINIMUM QUALIFICATIONS

Senior Examiner:

Education: Bachelor's Degree from an accredited four-year college or university.

Experience: Three 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.

Licenses, Registrations, and Certifications: Active Accredited Financial Examiner (AFE) designation, Certified Financial Examiner (CFE) designation, Certified Internal Auditor (CIA) designation, or Certified Public Accountant (CPA) license.

Special Requirements: An employee in this classification possessing a Certified Internal Auditor (CIA) designation, or Certified Public Accountant (CPA) license must obtain the Society of Financial Examiners' Accredited Financial Examiner (AFE) designation within three years of employment.

Examiner-In-Charge I:

Education: Bachelor's 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 an insurance company in a financial or audit-related area. One year of this experience must have been in an in-charge or supervisory capacity.

Licenses, Registrations, and Certifications: Active Certified Financial Examiner (CFE) designation, Active Certified Financial Examiner (AFE), Certified Internal Auditor (CIA) designation, or Certified Public Accountant (CPA) license.

Special Requirements: An employee in this classification must obtain the Society of Financial Examiners' Certified Financial Examiner (CFE) designation within five years of employment. This must be accomplished by obtaining the Accredited Financial Examiner (AFE) designation within three years of employment and obtaining the CFE within the subsequent two years. For a new employee or existing employee who already possesses an AFE designation, they must obtain a CFE designation within two years of acquiring the position.

SELECTION PROCESS

For education obtained outside the U.S., a copy of the equivalent American education as determined by a foreign credential evaluation service will be required prior to hire. Verification of required designation or license must be provided at the time of application submission. For this recruitment, applicants meeting the minimum qualifications will be placed on the Eligible List as equally qualified and remain eligible for consideration for at least one year.

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

If you have any questions about this recruitment, please contact the Maryland Insurance Administration at [redacted].

For immediate consideration, upload one WORD or PDF file, at the "Resume" tab, that contains:

1. a cover letter stating your interest and specific salary requirements; and

2. a current professional resume.

If you are unable to apply online, you may submit via mail. Please be sure to include all documents listed above to ensure timely processing. Complete application packets may be mailed to:

Maryland Insurance Administration

Human Resources - Recruitment #: 26-009643-0001

St. Paul Place, Suite 2700

Baltimore, MD 21202

Incomplete submission will not receive consideration.

TTY Users: call via Maryland Relay

We thank our Veterans for their service to our country, and encourage them to apply.

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