Actuary 2 or Actuary 3

State of Washington; Olympia (WA); Remote; USD 106,000 - 182,000; Full time

Benefits offered by this job

Health, dental, vision

Retirement plan

Paid leave

Telework opportunities

Public service mission

Tuition reimbursement

Free parking

Job summary

State of Washington, Office of the Insurance Commissioner, seeks an Actuary 2/Actuary 3 to apply actuarial expertise in regulating rates and reserves, supporting consumer protections, and leading actuarial staff.

The role blends rigorous analysis, collaboration with insurers and regulators, and public service impact, with telework opportunities and a competitive monthly salary range.

Responsibilities

• Review and make regulatory decisions on complex P&C and Title insurance rate and rule filings to ensure compliance with Washington State and applicable federal laws and actuarial standards.
• Conduct independent actuarial analyses to evaluate proposed insurance rates, methodologies, and supporting data to determine whether rates are actuarially justified.
• Perform actuarial analyses of insurer loss reserves, financial statements, and statements of actuarial opinion to support financial examinations and oversight of domestic P&C and Title insurance companies.

Job description

Description

This recruitment has been extended will remain open until November 13, 2026. The agency reserves the right to make a hiring decision at any time after the initial screening date on November 6, 2026. It is in the applicant’s best interest to submit materials as soon as possible.

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

The Actuary 2/ Actuary 3 position offers an opportunity to put actuarial expertise to work for the public good. As part of the Washington State Office of the Insurance Commissioner (OIC), this position plays a critical role in protecting consumers, promoting a fair and competitive insurance marketplace, and supporting the financial stability of Washington’s insurance industry. By combining technical actuarial expertise, regulatory oversight, and team leadership, the Actuary 2/ Actuary 3 helps ensure that insurance rates are actuarially sound, legally compliant, and supported by appropriate data and analysis.

This position offers a unique opportunity to apply property and casualty actuarial knowledge beyond traditional insurance business objectives and make a meaningful difference in the lives of Washington residents. Responsibilities include evaluating complex rate and rule filings, analyzing insurer reserves and financial conditions, and collaborating with insurance companies, financial examiners, legal professionals, and other regulatory partners to address emerging issues and strengthen consumer protections. The position also leads and mentors actuarial analysts, supports regulatory policy and rulemaking, and helps improve the tools and processes that make insurance regulation more effective and efficient.

For an experienced actuary seeking to broaden their impact, this role offers the opportunity to take on complex analytical challenges, exercise independent professional judgment, develop others, and contribute to decisions that affect the insurance marketplace statewide. By bringing rigorous analysis, sound actuarial principles, and a commitment to public service together, the Actuary 2/ Actuary 3 helps advance the OIC’s mission to protect consumers, the public interest, and Washington’s economy through fair and efficient regulation of the insurance industry.

This recruitment may be used to establish a qualified pool of candidates for Actuary 2 or 3 vacancies in the next sixty days.

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

Actuary 2 Level: $9,478 - $12,742

Actuary 3 Level: $12,129 - $16,317

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: https://www.insurance.wa.gov

Duties

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

• Review and make regulatory decisions on complex property and casualty (P&C) and Title insurance rate and rule filings to ensure compliance with Washington State and applicable federal laws and actuarial standards.
• Conduct independent actuarial analyses to evaluate proposed insurance rates, methodologies, and supporting data to determine whether rates are actuarially justified.
• Perform actuarial analyses of insurer loss reserves, financial statements, and statements of actuarial opinion to support financial examinations and oversight of domestic P&C and Title insurance companies.
• Prepare detailed actuarial analyses, reports, and regulatory correspondence to communicate findings, identify deficiencies, and