Associate Financial Analyst (Financial Examiner 2 – Non Perm)

State of Washington • Thurston County – Tumwater, WA

4d • Hybrid

About The Position

The Washington State Office of the Insurance Commissioner (OIC) protects consumers, the public interest, and Washington’s economy through fair and efficient regulation of the insurance industry. Our Company Supervision Division plays a critical role in that mission by evaluating the financial health and stability of insurers and other regulated entities—and taking action when needed to help ensure they can meet their obligations to consumers. The Financial Analysis Team is looking for an Associate Financial Analyst (Financial Examiner 2) who knows how to look beyond the numbers. This is a role for a financial professional who enjoys analyzing financial statements, evaluating risk, identifying trends, and asking the questions that uncover what the numbers really mean. You’ll apply your accounting and auditing expertise to examine insurance company financial filings, assess financial condition and risk, evaluate compliance with regulatory requirements, and develop recommendations that support sound regulatory decisions. You’ll work alongside experienced financial examiners and collaborate with regulators, legal professionals, and industry representatives across Washington and the country. This is an opportunity to take your accounting or auditing experience into a specialized field where your expertise has a direct public impact. Whether you come from public accounting, financial examination, audit, or another professional environment focused on analyzing financial statements, you’ll have the opportunity to develop deep expertise in insurance regulation while helping protect Washington consumers and strengthen the financial stability of the insurance marketplace. If you’re a CPA, auditor, financial examiner, or accounting professional who enjoys complex financial analysis more than transactional accounting , we’d like to hear from you. This recruitment may be used to establish a qualified pool of candidates for Financial Examiner 2 (FE2) vacancies in the next sixty days. This is a Washington General Service position. The monthly salary range for this position is $5,928 - $7,973. This is a Non-Permanent position with a duration of 6 months from start date.

Requirements

• Six (6) years of qualifying professional experience in accounting or auditing. Qualifying professional experience is defined as experience as an analyst/examiner/auditor preparing, evaluating, auditing financial statements (e.g. balance sheet, income statement, cash flow, etc.) in a regulated or professional environment.
• Successful completion of 20 quarter or 12 semester hours in accounting, finance, economics, or insurance. Professional experience may not substitute for the credit hours.
• Basic skills with Microsoft Office Suite and Adobe Acrobat.

Nice To Haves

• A Bachelor’s or Master’s degree with major study in finance, business administration, economics, or accounting.
• An active Certified Public Accountant (CPA) license granted by Washington State or another state that has reciprocity with Washington State.
• A designation of Accredited Financial Examiner (AFE) or Certified Financial Examiner (CFE) in an insurance discipline as granted by the Society of Financial Examiners (SOFE).
• Intermediate skills with Microsoft Office Suite and Adobe Acrobat.

Responsibilities

• Analyze the financial condition of insurance companies and other regulated entities to identify financial risks, trends, and regulatory compliance issues.
• Review financial statements, regulatory filings, and supporting documentation to assess organizational solvency and ability to meet obligations to consumers.
• Prepare written financial analyses, risk assessments, and recommendations that support regulatory oversight and decision-making.
• Monitor assigned insurers and regulated entities, identifying emerging concerns and recommending appropriate supervisory or enforcement actions.
• Communicate findings and collaborate with internal staff, legal counsel, and state and national insurance regulators to support coordinated oversight activities.
• Review annual reports for Charitable Gift Annuity issuers and other regulated entities to ensure compliance with Washington laws and regulations.
• Maintain accurate case files, analysis documentation, and regulatory records using agency databases and audit software.
• Stay current on insurance regulations, financial analysis standards, and industry trends through ongoing training and professional development.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree