Actuary 2 or Actuary 3

State of Washington • Thurston County – Tumwater, WA

1d • Hybrid

About The Position

The Washington State Office of the Insurance Commissioner (OIC) is hiring an Actuary 2 or Actuary 3 in the Rates, Forms, & Provider Networks Division (P&C Actuarial Services), based out of its Tumwater office. This Washington General Service position applies property and casualty actuarial expertise to protect consumers, promote a fair and competitive insurance marketplace, and support the financial stability of Washington’s insurance industry. The role combines actuarial analysis, regulatory oversight, independent professional judgment, and team leadership to help ensure insurance rates are actuarially sound, legally compliant, and supported by appropriate data and analysis.

The position evaluates complex rate and rule filings, analyzes insurer reserves and financial conditions, collaborates with insurance companies and regulatory partners, and contributes to policy, rulemaking, and improvements to regulatory tools and processes. It also leads and mentors actuarial analysts and may manage the Title Statistical Agent contract and annual Title report. The recruitment may be used to establish a qualified pool for Actuary 2 or 3 vacancies arising in the next sixty days. The recruitment remains open until November 6, 2026, and the agency may make a hiring decision after the initial screening date on November 6, 2026.

Monthly salary ranges are $9,478–$12,742 for Actuary 2 and $12,129–$16,317 for Actuary 3. A cover letter and resume are required. The position is represented by the Washington Federation of State Employees (WFSE).

Requirements

• Meet current general U.S. Qualification Standards published by the American Academy of Actuaries (AAA).
• Actuary 2: Associate of the Casualty Actuarial Society (ACAS), plus either a bachelor’s degree and four years of property and casualty actuarial experience, or seven years of property and casualty actuarial experience.
• Actuary 3, Option A: ACAS, plus either a bachelor’s degree and seven years of property and casualty actuarial experience, or eleven years of property and casualty actuarial experience.
• Actuary 3, Option B: Fellow of the Casualty Actuarial Society (FCAS), plus either a bachelor’s degree and six years of property and casualty actuarial experience, or ten years of property and casualty actuarial experience.
• Submit a cover letter and resume.

Nice To Haves

• Bachelor’s degree involving major study in actuarial science, insurance, mathematics, accounting, or another relevant field.
• Current membership in the American Academy of Actuaries.
• Intermediate MS Office Suite skills in Word, Outlook, and PowerPoint.
• Expert-level Microsoft Excel skills.
• Intermediate skill with data and analytics using tools such as R, Python, SQL, or SAS.

Responsibilities

• Review and make regulatory decisions on complex property and casualty and Title insurance rate and rule filings for compliance with Washington State and applicable federal laws and actuarial standards.
• Conduct independent actuarial analyses of proposed insurance rates, methodologies, and supporting data to determine whether rates are actuarially justified.
• Analyze insurer loss reserves, financial statements, and statements of actuarial opinion to support financial examinations and oversight of domestic property and casualty and Title insurance companies.
• Prepare actuarial analyses, reports, and regulatory correspondence that communicate findings, identify deficiencies, and support regulatory decisions.
• Collaborate with insurance company actuaries, financial examiners, financial analysts, and other regulatory partners to resolve filing issues, discuss findings, and strengthen industry oversight.
• Lead, supervise, and mentor actuarial analysts, including assigning and reviewing work, providing technical guidance, setting performance expectations, and supporting professional development.
• Oversee staff performance, workload priorities, training, and development to promote a collaborative team environment and timely, accurate, high-quality work.
• Manage the Title Statistical Agent contract and oversee preparation of the annual Title report, including reviewing deliverables, approving invoices, and addressing reporting issues.
• Contribute actuarial expertise to legislative bill analysis, fiscal notes, rulemaking, regulatory guidance, and development of tools and processes to improve insurance filing efficiency.
• Serve as a technical resource to agency staff, participate in industry and regulatory working groups, and collaborate with appropriate teams on compliance concerns and consumer protection.

Benefits

• Comprehensive benefits package, including health, dental, vision, retirement, and paid leave.
• Wellness programs and on-site resources and initiatives.
• Flexible schedules and telework opportunities.
• Tuition reimbursement and Public Service Loan Forgiveness programs.
• Free parking at the Tumwater office.
• Public transportation pass for Thurston County.
• Supportive, collaborative work environment and opportunities for professional growth.
• Meaningful public service work protecting Washington consumers.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level