What are the responsibilities and job description for the Rates and Forms Analyst II/III, Property and Casualty **Reposted position at State of Maryland - Maryland Insurance Administration?
Introduction
**PREVIOUS APPLICANTS ARE STILL BEING CONSIDERED** The Maryland Insurance Administration (MIA) is an independent State agency that regulates Maryland’s $46 billion insurance industry and protects consumers by monitoring and enforcing insurers and insurance professionals’ compliance with State law. Staff members re 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 contact 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.
GRADE
Rates and Forms Analyst II:� $63,154 - $99,603 Rates and Forms Analyst III: $67,309 - $106,155�
LOCATION OF POSITION
Baltimore City (Hybrid)
POSITION DUTIES
The MIA's Property and Casualty Unit is recruiting for an Insurance Analyst II or III in the Rates and Forms section.� Responsibilities include performing timely and accurate reviews of Property & Casualty rate/rule and forms filings to ensure compliance with the Insurance Article and Code of Maryland Regulations (COMAR); communicating with filers to request support for or changes to provisions of filings; updating databases to reflect the most current activity on filings; reviewing and maintaining appropriate filing workflow to ensure timely handling of filings; and responding to questions concerning filing requirements and status.
MINIMUM QUALIFICATIONS
Insurance Analyst II, Property & Casualty Rates & Forms � Education:� Possession of a bachelor’s degree from an accredited college or university. � Experience:� Three years of experience drafting or analyzing property and casualty insurance policy forms for a regulatory agency or licensed insurer. Note: � 1.Two additional years of experience drafting or analyzing property and casualty insurance policy forms for a regulatory agency or licensed insurer, or two additional years of experience adjusting property and casualty claims for a licensed insurer, may substitute for the required education. 2.Possession of a Juris Doctorate degree may substitute for the required three years of experience. � -or- Insurance Analyst III, Property & Casualty Rates & Forms� � Education: Possession of a bachelor’s degree from an accredited college or university.���� � Experience: Four years of experience drafting or analyzing property and casualty insurance policy forms for a regulatory agency, or licensed insurer.� Note: � 1.Three additional years of experience drafting or analyzing property and casualty insurance policy forms for a regulatory agency or licensed insurer, or three additional years of experience adjusting property and casualty claims for a licensed insurer, may substitute for the required education. 2.Possession of a Juris Doctorate degree, and one year of experience drafting or analyzing property and casualty insurance policy forms for a regulatory agency, or licensed insurer.
DESIRED OR PREFERRED QUALIFICATIONS
��Strong analytical and writing skills. ��Knowledge of and experience working with the Annotated Code of Maryland and COMAR. ��Knowledge of and experience working with Systems for Electronic Rate and Form Filing (SERFF) is preferred. ��Chartered Property Casualty Underwriter (CPCU) or Association in Claims (AIC) designation is preferred.
BENEFITS
STATE OF MARYLAND BENEFITS
FURTHER INSTRUCTIONS
If you have any questions about this recruitment, please contact�lynn.hill@maryland.gov� For immediate consideration, you MUST UPLOAD ONE FILE (WORD or PDF) at the 'Resume' tab that contains: � 1. A cover letter stating your interest and salary requirements; and 2. A current professional resume. If you are unable to apply online, you may submit the requested information via mail.� Please include all items listed above to ensure consideration.� Incomplete submission will not be considered. Complete application packets may be mailed to: Maryland Insurance Administration Human Resources – Recruitment#: 26-009640-0005 200 St. Paul Place, Suite 2700 Baltimore, MD 21202 �
Salary : $63,154 - $99,603