Actuarial Analyst

About the role

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.

Responsibilities

• 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.
• Aid in 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.

Qualifications

• Actuarial Analyst 1: Required Qualifications: Successful completion of one (1) actuarial exam. 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.
• Actuarial Analyst 2: Required Qualifications: Successful completion of two (2) actuarial exams AND at least eighteen (18) months experience in related actuarial field. 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.

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.

Contact Us

To inquire about this position and its full duties, please contact us at recruitment@oic.wa.gov. Add the requisition number (e.g., 2026-05786) and the job name to the subject line of your email.