Director - State Insurance Program

Maryland State Treasurer's Office; Annapolis (MD); On-site; USD 126,000 - 190,000; Full time

Benefits offered by this job

Hybrid/onsite coordination

Job summary

The Maryland State Treasurer’s Office Insurance Division is seeking a Director to lead the State’s Insurance Program, ensuring protection of the State Insurance Trust Fund and compliance with laws and regulations. You will manage underwriting, loss prevention, claims, and workers’ compensation contract management, while coordinating with agencies and the Attorney General’s Office.

The role requires a broad, hands-on leadership style, superior communication, and the ability to guide strategic

Qualifications

• Bachelor’s degree from an accredited four-year college.
• Minimum of 5 years of management experience, preferably in governmental operations and/or commercial insurance.
• Knowledge of self-insurance, claims processing, and litigation.
• Knowledge of the Maryland Tort Claims Act.
• Experience researching, interpreting, applying and/or auditing laws, regulations, guidelines or other technical specifications.
• AIC, CPCU, ARM, AU or other insurance industry designation or related coursework.
• Proven ability to manage varying priorities for multiple units and meet deadlines.
• Working knowledge of public entity procurement processes.
• Experience working with commercial insurance brokers and presenting to executives.
• Advanced communication skills, both in writing and in person.
• Advanced Microsoft 365 skills.

Responsibilities

• Oversee the State Insurance Program and provide hands-on leadership for all staff.
• Procure all State’s 55+ commercial insurance programs to protect the State Insurance Trust Fund.
• Ensure compliance with State laws and regulations; oversee loss control and litigation.
• Supervise the Division’s Claims Unit matters and oversee collaboration with other agencies.
• Develop policy related to the State’s Insurance Program and prepare testimony for the General Assembly.

Skills

Management experience

Public sector experience

Executive communication

Policy development

Laws and regulations interpretation

Litigation knowledge

Budget/financial oversight

Microsoft 365 proficiency

Stakeholder engagement

Education

Bachelor’s degree

Insurance designation (AIC/CPCU/ARM/AU)

Tools

Microsoft 365

Job description

The Insurance Division of the Maryland State Treasurer’s Office is statutorily responsible for administering the State’s Insurance Program in accordance with State Government and State Finance & Procurement law. The Program is comprised of both commercial and self-insurance. Commercial insurance policies are procured to cover catastrophic property and liability losses, and other obligations derived from State contracts, statutes and regulations. Among the several exposures covered by commercial policies are State maintained toll bridges and tunnels, rail operations, assorted professional liability exposures and student athlete accidents. The State also self-insures a significant portion of its exposures and maintains the State Insurance Trust Fund to pay claims and the costs associated with handling those claims. Self-insurance coverage includes State-owned real and personal property, vehicles, and liability claims covered under the Maryland Tort Claims Act.

The Division is made up of four units: Underwriting, Loss Prevention, Claims & Tort Litigation, and Workers Compensation Contract Management. The Division’s goal is to provide statewide risk management through loss protection (Underwriting), loss control (Loss Prevention), loss restoration (Claims & Tort Litigation), and contract administration and advocacy for State employee injury coverage (Workers’ Compensation). Operating under directives unlike those of private sector & for-profit insurance companies, the State Insurance Program’s purpose is to achieve the utmost public good for the State and its citizens.

This position serves as the Director of the State’s Insurance Program in the Insurance Division of the Office of the State Treasurer, and reports to the Chief Deputy Treasurer. The Director’s role is to unequivocally support the vision and goals of the Chief Deputy Treasurer and Treasurer in carrying out the Division’s mission: to act as a steward for the State Insurance Trust Fund, to procure all of the State’s 55+ commercial insurance programs in order to protect the Trust Fund from catastrophic loss, to ensure compliance with State laws and regulations, to provide oversight on loss control and litigation, and to ensure proper oversight of the Division’s Claims Unit matters. The Director provides hands‑on leadership, support and coverage for all staff and oversees all activities of the Division. As a government entity and Constitutional office, regular statistical tracking and reporting is a necessity to manage the effective operations of the division.

This position is a full-time State Government employee. This Executive Service position is at-will and serves at the pleasure of the Maryland State Treasurer. The scope of this position is broad, dynamic and diverse. Along with managing the activities of the Insurance Division, the Director oversees collaboration with key personnel at all State agencies to develop and implement strategic plans for effective insurance management. The Director works closely with the Office of the Attorney General and agency Assistant Attorneys General for litigated tort claims at respective agencies, serves as a subject matter expert on the Insurance Review Committee, and controls settlement authority on behalf of the Treasurer. As the State’s lead authority for Insurance matters, the Director is responsible for developing policy related to the State’s Insurance Program, drafting Statewide regulations to support policy, recommending and drafting statutory changes, and preparing and delivering testimony before the General Assembly.

The ideal candidate must be well versed in all areas of insurance, demonstrate professional tact and judgement, and be willing to fully engage in all aspects of insurance administration. This position requires meticulous interest in detail, vigor and vim, and leadership that is driven by confidence and devotion. If you are up for the challenge, read on for details to apply!

Preferred Qualifications

• Possession of a Bachelor’s Degree from an accredited four-year college or university
• Minimum of 5 years of experience in management, preferably in governmental operations and/or commercial insurance
• Demonstrated understanding of self-insurance, claims processing, and litigation
• Knowledge of State Government
• Knowledge of the Maryland Tort Claims Act
• Experience researching, interpreting, applying and/or auditing laws, regulations, guidelines or other technical specifications.
• AIC, CPCU, ARM, AU or other insurance industry designation or related course work
• Proven ability to manage varying priorities for multiple units, and to produce deliverables for self and staff by established deadlines
• Working knowledge of public entity procurement processes
• Experience working with commercial insurance brokers
• Experience working with and presenting to high-level executives and stakeholders
• Experience in diagnosing insurance issues and orchestrating resolutions
• Advanced communication skills, both in person and in writing
• Advanced level experience with Microsoft 365 products.

LIMITATIONS ON SELECTION: Applicants must be willing to work onsite in the Annapolis area. Candidates will be subject to a background investigation to include credit and criminal history.

This is an at-will, Executive Service position which serves at the pleasure of the Treasurer. Candidates will be selected for interview based on a review and rating of education, training, and experience related to the requirements of the position. You may be required to complete a qualifications supplement, or the rating may be based on your application. Therefore, it is important that you provide complete and accurate information on your application. Report all experience and education that is related to this position. Please submit a current resume to supplement your application.

WHY WORK FOR THE STATE OF MARYLAND?

• Job stability and pinnacle experience (we are a Constitutional Office)
• Work-life balance and valued agency culture
• Ability to make your mark through public service
• Conventional hours and hybrid teleworking schedules
• Paid holidays 12-13 per year
• Generous paid leave package (annual, sick, personal and compensatory leave)
• State Pension ("defined benefit" plan)
• Tax-deferred supplemental retirement savings plans (401(k) and 457 plans) with $600 State match per year!
• Free parking
• Comprehensive, subsidized health, dental and prescription plans with little to no deductibles, free generic prescriptions, and free preventative health services
• Flexible Spending Account plans for Health Care and Daycare
• State Employees Credit Union
• Direct Deposit

Salary/Compensation: $126,442 - $190,148 per year