Associate Financial Analyst (Financial Examiner 2)
Tumwater, WA - USA
Job Summary
- Description
This recruitment will remain open until August 14 2026. The agency reserves the right to make a hiring decision at any time after the initial screening date on July 31 2026. It is in the applicants best interest tosubmitmaterials as soon as possible.
Make a Difference: Protect Consumers & Join Our Dynamic Team!
The Office of the Insurance Commissioner (OIC) seeks a qualified individual for the Associate Financial Analyst (Financial Examiner 2) position. This role is within the Company Supervision Division and is based out of our TumwaterOffice.
We are an employer of choice!Hereswhy:
- 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 Washington State Office of the Insurance Commissioner (OIC) is seeking an Associate Financial Analyst(FE2) to join our Financial Analysis Team in the Company Supervision Division. If youre a detail-oriented financial professional who enjoys analytical work and solving complex problems this is an opportunity to make a meaningful impact while helping protect consumers and support a healthy insurance marketplace.
In this role youll analyze the financial condition of insurance companies and other regulated entities doing business in Washington assess financial risks and regulatory compliance identify emerging trends and help ensure organizations remain financially able to meet their obligations to consumers. Youll collaborate with experienced analysts and regulators gain expertise in insurance financial regulation and contribute to decisions that safeguard the public interest.
This position offers the opportunity to build specialized knowledge through ongoing training professional development and collaboration with regulatory professionals across the country. If youre looking for a career where your analytical skills support consumer protection and financial stability we encourage you to apply.
This recruitment may be used toestablisha qualified pool of candidates forFinancial Examiner 2 (FE2)vacancies in the next sixty days.
This is a Washington General Service position. The monthly salary range for this position is $5928 - $7973.
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:
- Duties
The duties of the position include but are not limited to:
- 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.
Contact Us: For inquiries about this position and its full duties please contact us at and add the requisition number and the job name to the subject line of your email.
- Qualifications
Required Qualifications:
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.
Academic Degree Equivalency Chart
Degree
Years of Relevant Experience Equivalency
Associates Degree
2 years of experience
Bachelors Degree
4 years of experience
Masters Degree
5 years of experience
*A degree in finance business administration economics accounting or equivalent field from an accredited institution whose accreditation is recognized by the U.S. Department of Education or the Council of Higher Education Accreditation or a foreign equivalent may be substituted for relevant experience. Proof of degree may be required prior to employment. If a degree was awarded outside of the United States candidates must provide a credential evaluation report.
Preferred/Desired Qualifications:
A Bachelors or Masters 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.
Ready to join us
Learn more about the OIC by visiting our website. We encourage you to check out our video below and listen to what our employees have to say about working here!
Submit your application today and take the first step towards a rewarding career at the OIC!
Cover Letter: Required
Resume: Required
Transcripts: Required
- Supplemental Information
- This position is represented by the Washington Federation of State Employees (WFSE).
- Wage/salary depends on qualifications or state rules of compensation (if currently a state employee).
- State law (RCW 48.02.0905) prohibits employees of the OIC from having any interest directly or indirectly in an insurance company other than as a policyholder. This prohibition includes the receipt of renewal commissions. If employment is accepted with this agency you agree to abide by this state law.
- Prior to a new hire a background check including criminal record history will be conducted. Information from the background check will not necessarilyprecludeemployment but will be considered indeterminingthe applicants suitability and competence to perform in the position.
- If claiming veteran status please send your DD 214 to with FE22026-06171 in the subject line. Please do not attach the DD214 to your application materials. Please black out personally identifiable data such as social security numbers.
- The Office of Insurance Commissioner is an equal opportunity employer does not discriminate on the basis of age sex marital status sexual orientation race creed color national origin honorably discharged veteran or military status or the presence of any sensory mental or physical disability or the use of a trained service animal by a person with a disability. Persons requiring reasonable accommodation in the application process or requiring information in an alternative format may contact the recruitment team at . Those with a hearing impairment in need of accommodation are encouraged to contact the Washington Relay Service at 1- or .
- If you are having technical difficulties creating accessing (log in password or email issues) or completing your application (error messages) please call toll-free at .
- Contact us: For inquiries about this position please contact us at and add the requisition number and job name to the subject line of your email.
Required Experience:
IC