Actuarial Analyst

Salary: $4,201.00 - $7,224.00 Monthly
Location : Thurston County - Tumwater, WA
Job Type: Full Time - Permanent
Remote Employment: Flexible/Hybrid
Job Number: 2026-05786
Department: Office of the Insurance Commissioner
Division: Rates & Forms
Opening Date: 07/13/2026
Closing Date: 8/13/2026 11:59 PM Pacific
Salary Information: The high end of the salary range, Step M is typically a longevity step


Description
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.

Contact Us : For inquiries about this position and its full duties, please contact us at and add the requisition number (e.g., 2026-05786) and the job name to the subject line of your email.

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

AND

• 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. We encourage you to check out our video below and listen to what our employees have to say about working here!
Submit your application today and take the first step towards a rewarding career at the OIC!

Cover Letter: Required

Resume: Required

Supplemental Information

• This position is represented by the Washington Federation of State Employees (WFSE).

• Wage/salary depends on qualifications or state rules of compensation (if currently a state employee).

• State law (RCW 48.02.090(5)) prohibits employees of the OIC from having any interest, directly or indirectly, in an insurance company other than as a policyholder. This prohibition includes the receipt of renewal commissions. If employment is accepted with this agency, you agree to abide by this state law.
• Prior to a new hire, a background check including criminal record history will be conducted. Information from the background check will not necessarily preclude employment but will be considered in determining the applicant's suitability and competence to perform in the position.
• If claiming veteran status, please send your DD 214 to View email address on click.appcast.io with AA1or2_2026-05786 in the subject line. Please do not attach the DD 214 to your application materials. Please black out personally identifiable data such as social security numbers.
• The Office of Insurance Commissioner is an equal opportunity employer, does not discriminate on the basis of age, sex, marital status, sexual orientation, race, creed, color, national origin, honorably discharged veteran or military status, or the presence of any sensory, mental, or physical disability or the use of a trained service animal by a person with a disability. Persons requiring reasonable accommodation in the application process or requiring information in an alternative format may contact the recruitment team at View email address on click.appcast.io. Those with a hearing impairment in need of accommodation are encouraged to contact the Washington Relay Service at View phone number on click.appcast.io or
• If you are having technical difficulties creating, accessing (log in, password or email issues) or completing your application (error messages), please call toll-free at View phone number on click.appcast.io.
• Contact us : For inquiries about this position, please contact us at View email address on click.appcast.io.

More than Just a Paycheck!
Employee benefits are not just about the kind of services you get, they are also about how much you may have to pay out of pocket. Washington State offers one of the most competitive benefits packages in the nation.

We understand that your life revolves around more than just your career. Like everyone, your first priority is ensuring that you and your family will maintain health and financial security. That's why choice is a key component of our benefits package. We have a selection of health and retirement plans, paid leave, staff training and other compensation benefits that you can mix and match to meet your current and future needs.

Read about our benefits:
The following information describes typical benefits available for full-time employees who are expected to work more than six months. Actual benefits may vary by appointment type or be prorated for other than full-time work (e.g. part-time); view the job posting for benefits details for job types other than full-time.

Note: If the position offers benefits which differ from the following, the job posting should include the specific benefits.


Insurance Benefits
Employees and their families are covered by medical (including vision), dental and basic life insurance. There are multiple medical plans with affordable monthly premiums that offer coverage throughout the state.

Staff are eligible to enroll each year in a medical flexible spending account which enables them to use tax-deferred dollars toward their health care expenses. Employees are also covered by basic life and long-term disability insurance, with the option to purchase additional coverage amounts.

To view premium rates, coverage choice in your area and how to enroll, please visit the Public Employees Benefits Board (PEBB) website. The Washington Wellness program from the Health Care Authority works with PEBB to support our workplace wellness programs.

Dependent care assistance allows the employee to save pre-tax dollars for a child or elder care expenses.

Other insurance coverage for auto, boat, home, and renter insurance is available through payroll deduction.

The Washington State Employee Assistance Program promotes the health and well-being of employees.

Retirement and Deferred Compensation
State Employees are members of the Washington Public Employees' Retirement System (PERS). New employees have the option of two employer contributed retirement programs. For additional information, check out the Department of Retirement Systems' web site.

Employees also have the ability to participate in the Deferred Compensation Program (DCP). This is a supplemental retirement savings program (similar to an IRA) that allows you control over the amount of pre-tax salary dollars you defer as well as the flexibility to choose between multiple investment options.

Social Security
All state employees are covered by the federal Social Security and Medicare systems. The state and the employee pay an equal amount into the system.

Public Service Loan Forgiveness
If you are employed by a government or not-for-profit organization, and meet the qualifying criteria, you may be eligible to receive student loan forgiveness under the Public Service Loan Forgiveness Program.

Holidays
Full-time and part-time employees are entitled to paid holidays and one paid personal holiday per calendar year.

Note: Employees who are members of certain Unions may be entitled to additional personal leave day(s), please refer to position specific Collective Bargaining Agreements for more information.

Full-time employees who work full monthly schedules qualify for holiday compensation if they are employed before the holiday and are in pay status for at least 80 nonovertime hours during the month of the holiday; or for the entire work shift preceding the holiday.


Part-time employees who are in pay status during the month of the holiday qualify for the holiday on a pro-rata basis. Compensation for holidays (including personal holiday) will be proportionate to the number of hours in pay status in the month to that required for full-time employment, excluding all holiday hours. Pay status includes hours worked and time on paid leave.

Sick Leave
Full-time employees earn eight hours of sick leave per month. Overtime eligible employees who are in pay status for less than 80 hours per month, earn a monthly proportionate to the number of hours in pay status, in the month to that required for full-time employment. Overtime exempt employees who are in pay status for less than 80 hours per month do not earn a monthly accrual of sick leave.


Sick leave accruals for part-time employees will be proportionate to the number of hours in pay status, in the month to that required for full-time employment. Pay status includes hours worked, time on paid leave and paid holiday.

Vacation (Annual Leave)
Full-time employees accrue vacation leave at the rates specified in (1) or the applicable collective bargaining agreement (CBA). Full-time employees who are in pay status for less than 80 nonovertime hours in a month do not earn a monthly accrual of vacation leave.

Part-time employees accrue vacation leave hours in accordance with (1) or the applicable collective bargaining agreement (CBA) on a pro rata basis. Vacation leave accrual will be proportionate to the number of hours in pay status, in the month to that required for full-time employment.

Pay status includes hours worked, time on paid leave and paid holiday.

As provided in , an employer may authorize a lump-sum accrual of vacation leave or accelerate the vacation leave accrual rate to support the recruitment and/or retention of a candidate or employee for a Washington Management Service position. Vacation leave accrual rates may only be accelerated using the rates established WAC 357-31-165.


Note: Most agencies follow the civil service rules covering leave and holidays for exempt employees even though there is no requirement for them to do so. However, agencies are required to adhere to the applicable RCWs pertaining holidays and leave.

Military Leave
Washington State supports members of the armed forces with 21 days paid military leave per year.

Bereavement Leave
Most employees whose family member or household member dies, or for loss of pregnancy, are entitled to five (5) days of paid bereavement leave. In addition, the employer may approve other available leave types for the purpose of bereavement leave.

Additional Leave
Leave Sharing

Family and Medical Leave Act (FMLA)
Leave Without Pay

Please visit the State HR Website for more detailed information regarding benefits.

Updated 01-07-2026
01


This position requires you to be onsite (in-person) at our Tumwater location 3-4 days per week during the initial training period. The position will transition to two (2) days a week after successful completion of training. Do you agree to this requirement if hired for the position?

• Yes
• No

02


What position are you applying for?

• Actuarial Analyst 1
• Actuarial Analyst 2

03


Please select how you meet the required qualifications for the role:

• Successful completion of 1 actuarial exam recognized or administered by the Casualty Actuarial Society (CAS).
• Successful completion of 2 actuarial exams recognized or administered by the Casualty Actuarial Society (CAS) AND at least 18 months professional experience in related actuarial field.
• None of the above.

04


Please select all that applies to your professional experience and background:

• 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.

05


In accordance with RCW 48.02.090(5), the Office of Insurance Commissioner employees are prohibited from having any interest, directly or indirectly, in an insurance company other than as a policy holder. This prohibition includes the receipt of renewal commissions and employees may not hold a valid Insurance license. If you have any interest in an insurance company you must forfeit the license prior to the effective date of your appointment. If hired, do you agree to FORFEIT your license and abide by this law?

• Yes
• No

06


As part of the pre-employment process, are you willing and able to undergo a criminal history background investigation? This would include a criminal records check.

• Yes
• No
• N/A - I am currently an OIC employee

Required Question