Remote Risk Analyst Jobs in Olympia, WA (NOW HIRING)

Salary: $5,928.00 - $7,973.00 Monthly
Location : Thurston County - Tumwater, WA
Job Type: Full Time - Non-Permanent
Remote Employment: Flexible/Hybrid
Job Number: 2026-06174
Department: Office of the Insurance Commissioner
Division: Company Supervision
Opening Date: 07/24/2026
Closing Date: 8/7/2026 11:59 PM Pacific
Salary Information: The high end of the salary range, Step M is typically a longevity step
Description
This recruitment will remain open until August 7, 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 applicant's best interest to submit materials 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 Tumwater Office.
We are an employer of choice! Here's why:

• 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 you're 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, you'll 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. You'll 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 you're looking for a career where your analytical skills support consumer protection and financial stability, we encourage you to apply.
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.
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 2026-06174 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
Associate's Degree
2 years of experience
Bachelor's Degree
4 years of experience
Master's 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 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.

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 48.02.090(5)) 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 necessarily preclude employment but will be considered in determining the applicant's suitability and competence to perform in the position.
• If claiming veteran status, please send your DD214 to with FE2_2026-06174 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 1-800-676-3777 or www.washingtonrelay.com.
• 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 (855) 524-5627.
• Contact us: For inquiries about this position, please contact us at and add the requisition number 2026-06174 and job name to the subject line of your email.

More than Just a Paycheck!
Employee benefits are not just about the kind of services you get, they are also about how much you may have to pay out of pocket. Washington State offers one of the most competitive benefits packages in the nation.
We understand that your life revolves around more than just your career. Like everyone, your first priority is ensuring that you and your family will maintain health and financial security. That's why choice is a key component of our benefits package. We have a selection of health and retirement plans, paid leave, staff training and other compensation benefits that you can mix and match to meet your current and future needs.
Read about our benefits:
The following information describes typical benefits available for full-time employees who are expected to work more than six months. Actual benefits may vary by appointment type or be prorated for other than full-time work (e.g. part-time); view the job posting for benefits details for job types other than full-time.
Note: If the position offers benefits which differ from the following, the job posting should include the specific benefits.
Insurance Benefits
Employees and their families are covered by medical (including vision), dental and basic life insurance. There are multiple medical plans with affordable monthly premiums that offer coverage throughout the state.
Staff are eligible to enroll each year in a medical flexible spending account which enables them to use tax-deferred dollars toward their health care expenses. Employees are also covered by basic life and long-term disability insurance, with the option to purchase additional coverage amounts.
To view premium rates, coverage choice in your area and how to enroll, please visit the Public Employees Benefits Board (PEBB) website. The Washington Wellness program from the Health Care Authority works with PEBB to support our workplace wellness programs.
Dependent care assistance allows the employee to save pre-tax dollars for a child or elder care expenses.
Other insurance coverage for auto, boat, home, and renter insurance is available through payroll deduction.
The Washington State Employee Assistance Program promotes the health and well-being of employees.
Retirement and Deferred Compensation
State Employees are members of the Washington Public Employees' Retirement System (PERS). New employees have the option of two employer contributed retirement programs. For additional information, check out the Department of Retirement Systems' web site.
Employees also have the ability to participate in the Deferred Compensation Program (DCP). This is a supplemental retirement savings program (similar to an IRA) that allows you control over the amount of pre-tax salary dollars you defer as well as the flexibility to choose between multiple investment options.
Social Security
All state employees are covered by the federal Social Security and Medicare systems. The state and the employee pay an equal amount into the system.
Public Service Loan Forgiveness
If you are employed by a government or not-for-profit organization, and meet the qualifying criteria, you may be eligible to receive student loan forgiveness under the Public Service Loan Forgiveness Program.
Holidays
Full-time and part-time employees are entitled to paid holidays and one paid personal holiday per calendar year.
Note: Employees who are members of certain Unions may be entitled to additional personal leave day(s), please refer to position specific Collective Bargaining Agreements for more information.
Full-time employees who work full monthly schedules qualify for holiday compensation if they are employ