Introduction - Maryland Insurance Administration Financial Analyst I-III Position Overview

Sep 2, 2026

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The Maryland Insurance Administration (MIA) is an independent state agency responsible for regulating Maryland’s insurance industry and protecting consumers through monitoring and enforcement of state law. The MIA recruits Financial Analyst I, II, or III positions within the Examination and Audit Division to analyze insurers’ annual and quarterly filings, assess solvency and statutory compliance, research key issues, document findings, and recommend regulatory actions. Requirements include qualifying education and progressively relevant experience for each level.

LanguageEnglish

CategoryLetters

FormatDOC

Pages4

Reading Time2 min

AccessFree to download

Introduction

Position Overview

Grade

Location of Position

Position Duties

Minimum Qualifications

Benefits

HYPERLINK "https://www.facebook.com/sharer/sharer.php?u=https://www.jobapscloud.com/MD/sup/bulpreview.asp"e=" \o "Share on Facebook" \t "_blank" INCLUDEPICTURE \d "/tmp/../../graphics/Facebook.png" \* MERGEFORMATINET HYPERLINK "https://twitter.com/intent/tweet?source=https://www.jobapscloud.com/MD/sup/bulpreview.asp&text=: http://jobapscloud.com/MD/sup/bulpreview.asp" \o "Tweet" \t "_blank" INCLUDEPICTURE \d "/tmp/../../graphics/New-Twitter.png" \* MERGEFORMATINET HYPERLINK "https://www.linkedin.com/sharing/share-offsite/?url=https://www.jobapscloud.com/MD/sup/bulpreview.asp" \o "Share on LinkedIn" \t "_blank" INCLUDEPICTURE \d "/tmp/../../graphics/LinkedIn.png" \* MERGEFORMATINET HYPERLINK "mailto:?subject=&body=: https://www.jobapscloud.com/MD/sup/bulpreview.asp" \o "Send email" \t "_blank" INCLUDEPICTURE \d "/tmp/../../graphics/Email.png" \* MERGEFORMATINET Introduction **PREVIOUS APPLICANTS ARE STILL BEING CONSIDERED** The Maryland Insurance Administration (MIA) is an independent State agency that regulates Maryland’s insurance industry and protects consumers by monitoring and enforcing insurers’ and insurance professionals’ compliance with State law. Through the diligence of a highly professional staff of market analysts, financial analysts, accountants, lawyers, law enforcement officers, actuaries, complaint investigators, and others, the MIA works to facilitate a strong and competitive insurance marketplace where consumers are well informed and treated fairly. 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 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 Special Appointment position that serves at the pleasure of the appointing authority. ** GRADE Financial Analyst I: $41,358- $50,506/year (Grade 15) Financial Analyst II: $44,017 - $70,265/year (Grade 16) Financial Analyst III: $46,857- $75,012 (Grade 17) LOCATION OF POSITION Baltimore City POSITION DUTIES The MIA is recruiting to fill a position, with the Examination and Audit Division, at the Financial Analyst I, II, or III level. Financial Analyst I – III represents the entry through full performance levels of financial analysis work. This position monitors domestic and foreign insurance companies which 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, 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. The position also reviews insurers’ filings such as dividend notifications, holding company filings, and other documents for propriety and compliance with applicable laws, regulations, and policies; monitors financial trends of assigned companies’ and identifies solvency risks; and prepares summaries on the financial condition and statutory compliance of insurers. This position also identifies significant issues and solvency risk areas and potentially troubled companies, and develops the MIA’s rec

FAQs

What does the Maryland Insurance Administration do in regulating insurance?

The MIA regulates Maryland’s insurance industry, protects consumers by monitoring and enforcing compliance with state law, investigates fraud and consumer complaints, and reviews/approves rates and contract forms.

What are the core duties of the Financial Analyst I–III role?

The role conducts in-depth analyses of insurers’ filings, researches issues, documents significant findings, summarizes financial condition and statutory compliance, and identifies solvency risks and potentially troubled companies.

What minimum qualifications differ across Financial Analyst I, II, and III?

All levels require a relevant bachelor’s degree with sufficient credits for the Maryland CPA exam (or possible substitution with CPA/AFE/CFE evidence). Experience increases from none (I) to one year (II) to two years plus successful CPA/AFE/CFE exam completion (III).

Sep 2, 2026

Upload by Mason