Actuary

Recruitment will remain open until filled. The agency reserves the right to make a hiring decision at any time after the initial screening date on January 29, 2026 . It is in the applicant’s best interest to submit materials as soon as possible.

The Office of the Insurance Commissioner (OIC) seeks a qualified individual for the Actuary 3 position. This role is within the Rates Forms and Provider Networks Division– Health and Life Actuarial Services Unit and is based out of our Tumwater Office
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• Meaningful work
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  Ensure a healthy insurance market & protect Washington consumers.
• Impactful career
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  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.

At the Washington State Office of the Insurance Commissioner (OIC), our work directly affects the lives and financial security of millions of Washingtonians. Guided by our mission to protect consumers, the public interest, and our state’s economy through fair and efficient regulation of the insurance industry, we ensure that insurance markets are stable, transparent, and accountable.

The Actuary 3 plays a critical role in fulfilling that mission. Reporting to the Chief Actuary within the Rates, Forms, and Provider Networks Division, this position serves as a senior-level actuarial expert focused on health and disability insurance. The Actuary 3 applies deep knowledge of actuarial principles, Washington statutes and regulations, the Affordable Care Act, and federal insurance requirements to evaluate whether insurance rates are compliant, actuarially sound, and fair to consumers.

In this role, you will lead complex health and disability rate filing reviews, ensuring that proposed rates are supported by appropriate data, sound actuarial methods, and legal compliance. You will also provide key actuarial support for financial examinations and solvency monitoring, helping safeguard the financial stability of insurers operating in Washington. Beyond technical review, the Actuary 3 contributes to broader policy initiatives, supports the implementation of federal health care reforms, and collaborates with internal and external stakeholders to improve regulatory processes and transparency.

This position offers a unique opportunity to combine advanced actuarial work with public service. If you are motivated by meaningful impact, enjoy tackling complex regulatory and financial issues, and want your work to directly protect consumers and strengthen the insurance marketplace, the Actuary 3 role at OIC offers both challenge and purpose.

• Lead the review of complex health and disability insurance rate filings, including Affordable Care Act (ACA) filings, to determine compliance with Washington state and federal laws, regulations, and actuarial standards.
• Apply actuarial principles and professional judgment to evaluate the reasonableness of data, assumptions, methodologies, and calculations used by insurers to support proposed rates.
• Determine whether filed rates are actuarially sound and legally compliant, and take final regulatory action on assigned filings in accordance with established OIC and SERFF procedures.
• Draft detailed and well-supported objection letters and regulatory correspondence identifying deficiencies, compliance issues, and actuarial concerns in rate filings.
• Communicate directly with insurer actuarial and filing staff to answer questions, resolve issues, and facilitate timely and complete filing submissions.
• Prepare clear, accurate filing summaries, decision memoranda, and supporting documentation for internal use and for public posting on OIC’s health insurance transparency website.
• Enter and maintain complete and accurate filing information in regulatory systems such as…