Market Data Analyst/Market Conduct Examiner
State of Maryland10 months ago
Baltimore, MD, United States
On-site
Full-time
Junior Level (1-3 years)
Job Description
Position Overview
The Maryland Insurance Administration (MIA) is an independent State agency regulating Maryland’s $46 billion insurance industry and protecting consumers by enforcing compliance with State law. As subject matter experts, MIA staff serve as resources for lawmakers, consumers, and public or private entities. In this Special Appointment role with the Market Regulation and Professional Licensing Division, the successful candidate will serve as a Market Data Analyst/Market Conduct Examiner reporting to the Chief of Market Analysis. You will provide technical support across multiple leadership areas and monitor the industry’s compliance by conducting market surveillance analyses, reviews, studies, and data calls.
Key Responsibilities
- Monitor and assess the insurance industry's compliance with Maryland’s law and regulations by performing market surveillance analysis, reviews, studies, and data calls.
- Provide technical support to the Market Analysis Chief and the broader Market Regulations and Professional Licensing Unit.
- Offer technical support to the Executive Chief Market Conduct Examiner, the Chief Property and Casualty Examiner, and the Chief Life and Health Examiner.
Required Qualifications
- Bachelor's degree from an accredited four-year college or university.
- Two years of experience analyzing and making recommendations on datasets and qualitative information.
- A Master's degree in Business Administration, Finance, Data Analytics, Statistics or a related field can substitute for the required experience.
- Alternatively, a Bachelor's degree in Business Administration, Finance, Data Analytics, Statistics or a related field along with the successful completion of at least one Society of Actuary exam.
Preferred Qualifications
- Master's degree in Business Administration, Finance, Data Analytics.
- Experience using descriptive statistics, advanced sorting and filtering (utilizing Excel or other software), pivot tables, advanced Microsoft Word editing, conditional formatting in Excel, and advanced functions such as VLookups, HLookups, and IF functions in Excel.
Benefits & Perks
- 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
- Service that may qualify the successful candidate for the Federal Public Service Loan Forgiveness Program
Required Skills
advanced Excel (pivot tables, VLOOKUP, HLOOKUP, IF functions)
report drafting
data analysis
advanced Microsoft Word editing
descriptive statistics
regulatory compliance analysis
market surveillance