Public Sector Actuary: Rates, Reserves & Regulation

State of Washington; Tumwater (WA); On-site; USD 106,000 - 142,000; Full time

Benefits offered by this job

Comprehensive benefits package

On-site parking

Flexible telework options

Tuition reimbursement

Public Service Loan Forgiveness

Wellness programs

Paid leave

Job summary

The State of Washington Office of the Insurance Commissioner in Tumwater seeks an Actuary 2 or Actuary 3 to apply actuarial expertise to rate filings, reserves analyses, and regulatory oversight within the P&C Actuarial Services division.

This public service role advances consumer protections, assures actuarial soundness, and supports regulatory policy through data-driven analyses and collaboration with insurers and examiners.

Qualifications

• Must meet current general U.S. Qualification Standards as published by the American Academy of Actuaries (AAA).
• ACAS (Actuarial Credential) or FCAS/ACAS for Actuary 3 is preferred.
• Bachelor’s degree in actuarial science or a related field; professional actuarial credentials strongly encouraged.

Responsibilities

• Review and decide on complex P&C and Title insurance rate and rule filings for compliance with laws and actuarial standards.
• Conduct independent actuarial analyses to evaluate proposed rates and supporting data.
• Analyze insurer loss reserves, financial statements, and actuarial opinions to support examinations.
• Prepare detailed analyses, reports, and regulatory correspondence to communicate findings.
• Lead and mentor actuarial analysts, oversee workload and professional development.

Job description

The State of Washington Office of the Insurance Commissioner in Tumwater seeks an Actuary 2 or Actuary 3 to apply actuarial expertise to rate filings, reserves analyses, and regulatory oversight within the P&C Actuarial Services division.

This public service role advances consumer protections, assures actuarial soundness, and supports regulatory policy through data-driven analyses and collaboration with insurers and examiners.