Actuarial Analyst

Actuarial Analyst

This recruitment will remain open until August 13, 2026. The agency reserves the right to make a hiring decision at any time after the initial screening date on July 20, 2026. It is in the applicant's best interest to submit materials as soon as possible.

Make a Difference: Protect Consumers & Join Our Dynamic Team!

The Office of the Insurance Commissioner (OIC) seeks a qualified individual for the Actuarial Analyst (AA 1 or 2) position. This role is within the Rates, Forms, and Provider Network (RFPN) Division and is based out of our Tumwater Office.

We are an employer of choice! Here's why:

• Meaningful work: Ensure a healthy insurance market & protect Washington consumers.
• Impactful career: Make a daily difference in the lives of countless Washingtonians.
• Small agency, big opportunities: Gain a holistic understanding of our mission and build strong relationships with colleagues.
• Diversity, equity, and inclusion: OIC is committed to ensuring that all employees enjoy a respectful, safe, and supportive working environment - by fostering the inclusion of people from all backgrounds, cultures, and attributes.

About the Position

Are you looking for an opportunity to apply your analytical skills to work that has a meaningful impact on consumers across Washington? The Washington State Office of the Insurance Commissioner is seeking an Actuarial Analyst to join our Property & Casualty Actuarial Services Unit. In this role, you'll review insurance rate filings, evaluate actuarial analyses and supporting data, and help ensure insurance rates are fair, reasonable, and compliant with state laws. Your work will directly support our mission to protect consumers, the public interest, and Washington's economy through fair and efficient regulation of the insurance industry.

As part of a collaborative team of actuaries and insurance professionals, you'll work with colleagues across the agency and communicate with insurance companies to resolve questions and support informed regulatory decisions. Depending on your experience and classification level, you'll build or expand your expertise by reviewing increasingly complex filings, conducting actuarial analyses, researching insurance issues, and contributing to reports and recommendations that help shape regulatory outcomes.

This is an excellent opportunity for an actuarial professional who enjoys problem-solving, continuous learning, and public service. Whether you're beginning your actuarial career or ready to take on more independent and complex work, you'll find opportunities for professional growth, support for actuarial exam progression, and the chance to make a measurable difference for Washington consumers every day.

This recruitment may be used to establish a qualified pool of candidates for Actuarial Analyst (1 & 2) vacancies in the next sixty days.

This is a Washington General Service position. The monthly salary range for this position:

Actuarial Analyst 1: $4,201 - $5,642 monthly

Actuarial Analyst 2: $5,376 - $7,224 monthly

Benefits & Perks

• Comprehensive benefits package: Health, dental, vision, retirement, paid leave (vacation, sick, etc.) and much more!
• Supportive work environment: We value diversity, professional growth, and collaborative atmosphere.
• Wellness programs: Invest in your well-being with on-site resources and initiatives.
• Work-life balance: Flexible schedules with telework opportunities.
• Public service fulfillment: Contribute to a cause that matters and feel the satisfaction of serving the public good.
• Training & Development: Continuously learn and grow with tuition reimbursement, Public Service Loan Forgiveness, and other programs.
• Free parking (Tumwater) & Public transportation pass (Thurston County): Save on commuting costs.
• And more! Explore our website for additional benefits:

Duties

The duties of the position include but are not limited to:

• Review and analyze property and casualty insurance rate filings to determine whether proposed rates are actuarially sound, justified, and compliant with Washington laws and regulations.
• Evaluate insurer data, actuarial assumptions, methodologies, and supporting documentation for accuracy and reasonableness.
• Perform actuarial calculations and analyses to support regulatory review and decision-making.
• Research insurance statutes, regulations, rate filings, and industry practices to resolve questions and support recommendations.
• Communicate with insurers to clarify filing information, resolve issues, and explain regulatory requirements.
• Prepare written correspondence, reports, and recommendations that clearly communicate actuarial findings and regulatory conclusions.
• Collaborate with actuaries and other agency staff to address complex insurance rate and actuarial issues.
• Assist with special projects, data analysis, reporting, and other actuarial work in support of the Office of the Insurance Commissioner's mission.
• Participate in ongoing professional development by pursuing actuarial exams, attending training, and expanding technical knowledge.

Qualifications

For Actuarial Analyst 1:

Required Qualifications:

• Successful completion of one (1) actuarial exam

Positions assigned the Property & Casualty unit require exams recognized or administered by the Casualty Actuarial Society (CAS).

Preferred/Desired Qualifications:

• Bachelor's degree in actuarial science, mathematics, statistics, engineering, physical science, economics, or equivalent field.
• Intermediate skill in a programming language such as R, Python, or SQL.

For Actuarial Analyst 2:

Required Qualifications:

• Successful completion of two (2) actuarial exams
• At least eighteen (18) months experience in related actuarial field

Positions assigned the Property & Casualty unit require exams through the Casualty Actuarial Society (CAS).

Preferred/Desired Qualifications:

• Bachelor's degree in actuarial science, mathematics, statistics, engineering, physical science, economics, or equivalent field
• Experience working with complex multivariate models
• Intermediate skill in a programming language such as R, Python, or SQL

Ready to join us?

Learn more about the OIC by visiting our website. Submit your application today and take the first step towards a rewarding career at the OIC!

Cover Letter: Required

Resume: Required