Examiner-in-Charge (Financial Examiner 3)

Salary: $6,539.00 - $8,801.00 Monthly
Location : King County - Seattle - Downtown Business, WA
Job Type: Full Time - Permanent
Remote Employment: Flexible/Hybrid
Job Number: 2025-02132
Department: Office of the Insurance Commissioner
Division: Company Supervision
Opening Date: 03/21/2025
Closing Date: 5/31/2025 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 May 31, 2025. The agency reserves the right to make a hiring decision at any time after the initial screening date on April 4, 2025. 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) is seeking a motivated and qualified individual to fill our Examiner-in-Charge (Financial Examiner 3) position This role is within the Company Supervision Division and offers the chance to work from our Seattle Downtown Office.

WHY OIC?

• 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.
• Flexible work options: Hybrid work opportunities.

About the Position

The Examiner-in-Charge (Financial Examiner 3) position plays a critical role in supporting the mission of the organization by overseeing and leading examinations of insurance companies and other regulated entities. This position ensures that these entities maintain solvency and comply with applicable laws, statutes, and regulations. The examiner will conduct these assessments in alignment with the National Association of Insurance Commissioners (NAIC) accreditation standards and internal policies. As a key contributor, the Examiner-in-Charge is responsible for ensuring regulatory compliance and safeguarding the financial stability of the industry.
This recruitment may be used to establish a qualified pool of candidates for Financial Examiner 3 vacancies in the next sixty days.

This is a Washington General Service position. The monthly salary range for this position is $6,539 - $8,801.

Additional premium pay of 5% will be applied to those positions with an official King County duty station.

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 (Free Puget Sound ORCA card): Save on commuting costs.
• And more! Explore our website for additional benefits:

Duties
The duties of the position include, but are not limited to:

• Develops work programs and approves the staff examiner's planned exam approach.
• Ensures that all significant risks (including prospective risks) have been identified and are considered in the planned exam procedures.
• Assigns work to staff examiners, specialists, and other state examiners and ensures the workload of the staff examiners is properly managed.
• Performs, reviews and assesses the work and findings, including workpapers and reports. Suggests revisions or corrections to work if necessary.
• Assists staff examiners with complex accounting or examination questions.
• Determines areas of key risk and develops risk statements. Identifies and assesses inherent risk in activities.
• Identifies risk mitigation strategies/controls. Interviews or confers with insurance company employees to identify and obtain an understanding of internal controls in place to mitigate risks.
• Determines whether controls could reduce risk to an acceptable level, and whether testing of those controls are warranted.
• Analyzes financial statements and account balances to identify any unusual trends or balances and analyzes the company's operations to obtain an understanding of the key functional activities.
• Properly designs and executes test of controls that addresses the risk(s) identified.
• Perform examination of Charitable Gift Annuities issuers.
• Assists and trains other examiners. Designs and delivers training to other staff.
• Performs peer reviews (accreditation reviews) of completed financial examinations.
• Review contracts and agreements, identify critical features, and perform test work necessary to determine compliance.
• Assess financial condition, statement assertions, and compliance with laws, regulations, and standards for examined entities.

Qualifications
Required Qualifications:

• Option 1: Seven (7) years of qualifying professional experience in accounting or auditing; AND an active Certified Public Accountant (CPA) license granted by Washington State or another state that has reciprocity with Washington State, or a designation as an Accredited Financial Examiner (AFE) or a Certified Financial Examiner (CFE) in an insurance discipline, as granted by the Society of Financial Examiners (SOFE).
• Option 2: An associate degree in accounting, finance, economics, insurance, or related field; WITH 12 semester or 20 quarter hours in accounting, finance, economics, or insurance; AND five (5) or more years of qualifying professional experience defined in Option 1; AND an active Certified Public Accountant (CPA) license granted by Washington State or another state that has reciprocity with Washington State, or a designation as an Accredited Financial Examiner (AFE) or a Certified Financial Examiner (CFE) in an insurance discipline, as granted by the Society of Financial Examiners (SOFE).
• Option 3: A bachelor's degree in accounting, finance, economics, insurance, or related field; WITH 12 semester or 20 quarter hours in accounting, finance, economics, or insurance; AND three (3) or more years of qualifying professional experience as defined in Option 1; AND an active Certified Public Accountant (CPA) license granted by Washington State or another state that has reciprocity with Washington State, or a designation as an Accredited Financial Examiner (AFE) or a Certified Financial Examiner (CFE) in an insurance discipline, as granted by the Society of Financial Examiners (SOFE).
• Option 4: A master's degree in accounting, finance, economics, insurance, or related field; WITH 12 semester or 20 quarter hours in accounting, finance, economics, or insurance; AND two (2) year or more of qualifying professional experience defined in Option 1, AND an active Certified Public Accountant (CPA) license granted by Washington State or another state that has reciprocity with Washington State, or a designation as an Accredited Financial Examiner (AFE) or a Certified Financial Examiner (CFE) in an insurance discipline, as granted by the Society of Financial Examiners (SOFE).

"Qualifying professional experience" is defined as experience auditing, analyzing, or preparing financial statements: balance sheet, income statement, cash flow statement, and notes thereto as an accountant, auditor, or examiner with a public accounting firm or as an accountant, internal auditor or external auditor or examiner of insurance companies, banks, savings and loan associations, municipalities, etc., state or federal or private entities.
Preferred Qualifications:

• Experience with, or as a contractor for, a state insurance department working as an examiner, auditor, or financial analyst of insurance companies.
• Designation as a Certified Financial Examiner (CFE) in an insurance discipline, as granted by the Society of Financial Examiners (SOFE).
• Designation as an Accredited Financial Examiner (AFE) in an insurance discipline, as granted by the Society of Financial Examiners (SOFE).
• An active, Certified Public Accountant (CPA) license granted by the Washington State Board of Accountancy, or another state with reciprocity with Washington State.
• Other insurance or information systems related designations.

Supplemental Information
Ready to join us?

Learn more about the Financial Examiner 3 position and 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!

Other Information:

• This position is represented by the Washington Federation of State Employees (WFSE).
• 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.
• If a degree or other credentials are listed by the candidate, proof will be required at the finalist stage. Candidates are encouraged to pre-plan for this. University degrees must be recognized by the U.S. Department of Education and the Council for Higher Education Accreditation (CHEA) or foreign equivalent.
• If a degree was awarded outside the United States, candidates must provide a credential evaluation report.
• 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 DD 214 to with FE3 - 2025-02132 in the subject line. Please do not attach the DD 214 to your application materials. Please black out personally identifiable data such as social security numbers.
• At the OIC, honoring diversity, equity, and inclusion means that as an agency, and as individuals, we are committed to ensuring that all employees and volunteers enjoy a respectful, safe, and supportive working environment. Only by fostering the inclusion of people from all backgrounds, cultures, and attributes, can OIC employees and volunteers achieve their fullest potential and best advance the goals and mission of the agency.
• 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.
• For general questions regarding applying for jobs, contact the recruiter or

Supplemental Information:

How to Apply:

Create an online account: Go to the job posting and click the big green "Apply" button. You'll need to set up an account if you haven't already.

Complete your application: Be sure to answer all the questions fully and honestly. Avoid vague answers like "see resume." This may result in disqualification.

Attach your cover letter and resume. Applications that do not include a cover letter and resume or are incomplete will be automatically disqualified.

Provide references: List three people who have supervised your work and can vouch for your skills. If you don't have enough, you can include people like teachers, college professors, or other professional colleagues.

Your application will be evaluated based on how closely your qualifications and experience meet the required and/or preferred qualifications of the position. Applications missing the requested information or containing incomplete responses may be disqualified and removed from further consideration.

General suggestions for creating a good application:

• Read the job posting very carefully. Find out as much as you can about the position.
• Make sure you are very diligent in following all the application instructions. Include all requested documentation.
• Make sure your application and supplemental question responses address how you meet each of the required and desired qualifications.

• Carefully read each of the supplemental questions and respond completely to each one. Pay attention to each component of the question, providing examples, and thoroughly describing when and where you achieved the experience. Detail the types of work you performed, the work products, etc., to demonstrate 'how'.

• Specifically include all your work experiences doing the same or similar work, especially if you reference work in these jobs in describing when/where you gained experience or skills.
• Make sure your application reflects your best writing.

Wage/salary depends on qualifications or state rules of compensation (if currently a state employee).

Contact us: For inquiries about this position, please contact us at
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 employed before the holiday and are in pay status for at least 80 nonovertime hours during the month of the holiday; or for the entire work shift preceding the holiday.

Part-time employees who are in pay status during the month of the holiday qualify for the holiday on a pro-rata basis. Compensation for holidays (including personal holiday) will be proportionate to the number of hours in pay status in the month to that required for full-time employment, excluding all holiday hours. Pay status includes hours worked and time on paid leave.

Sick Leave
Full-time employees earn eight hours of sick leave per month. Overtime eligible employees who are in pay status for less than 80 hours per month, earn a monthly proportionate to the number of hours in pay status, in the month to that required for full-time employment. Overtime exempt employees who are in pay status for less than 80 hours per month do not earn a monthly accrual of sick leave.

Sick leave accruals for part-time employees will be proportionate to the number of hours in pay status, in the month to that required for full-time employment. Pay status includes hours worked, time on paid leave and paid holiday.

Vacation (Annual Leave)
Full-time employees accrue vacation leave at the rates specified in (1) or the applicable collective bargaining agreement (CBA). Full-time employees who are in pay status for less than 80 nonovertime hours in a month do not earn a monthly accrual of vacation leave.

Part-time employees accrue vacation leave hours in accordance with (1) or the applicable collective bargaining agreement (CBA) on a pro rata basis. Vacation leave accrual will be proportionate to the number of hours in pay status, in the month to that required for full-time employment.

Pay status includes hours worked, time on paid leave and paid holiday.

As provided in , an employer may authorize a lump-sum accrual of vacation leave or accelerate the vacation leave accrual rate to support the recruitment and/or retention of a candidate or employee for a Washington Management Service position. Vacation leave accrual rates may only be accelerated using the rates established WAC 357-31-165.

Note: Most agencies follow the civil service rules covering leave and holidays for exempt employees even though there is no requirement for them to do so. However, agencies are required to adhere to the applicable RCWs pertaining holidays and leave.

Military Leave
Washington State supports members of the armed forces with 21 days paid military leave per year.

Bereavement Leave
Most employees whose family member or household member dies, are entitled to three (3) days of paid bereavement leave. In addition, the employer may approve other available leave types for the purpose of bereavement leave.

Additional Leave
Leave Sharing

Family and Medical Leave Act (FMLA)
Leave Without Pay

Please visit the State HR Website for more detailed information regarding benefits.

Updated 12-31-2022
01

1. Do you meet any of the required qualification options listed? Option 1: Seven (7) years of qualifying professional experience in accounting or auditing; AND an active Certified Public Accountant (CPA) license granted by Washington State or another state that has reciprocity with Washington State, or a designation as an Accredited Financial Examiner (AFE) or a Certified Financial Examiner (CFE) in an insurance discipline, as granted by the Society of Financial Examiners (SOFE). Option 2: An associate degree in accounting, finance, economics, insurance, or related field; WITH 12 semester or 20 quarter hours in accounting, finance, economics, or insurance; AND five (5) or more years of qualifying professional experience defined in Option 1; AND an active Certified Public Accountant (CPA) license granted by Washington State or another state that has reciprocity with Washington State, or a designation as an Accredited Financial Examiner (AFE) or a Certified Financial Examiner (CFE) in an insurance discipline, as granted by the Society of Financial Examiners (SOFE). Option 3: A bachelor's degree in accounting, finance, economics, insurance, or related field; WITH 12 semester or 20 quarter hours in accounting, finance, economics, or insurance; AND three (3) or more years of qualifying professional experience as defined in Option 1; AND an active Certified Public Accountant (CPA) license granted by Washington State or another state that has reciprocity with Washington State, or a designation as an Accredited Financial Examiner (AFE) or a Certified Financial Examiner (CFE) in an insurance discipline, as granted by the Society of Financial Examiners (SOFE). Option 4: A master's degree in accounting, finance, economics, insurance, or related field; WITH 12 semester or 20 quarter hours in accounting, finance, economics, or insurance; AND two (2) year or more of qualifying professional experience defined in Option 1, AND an active Certified Public Accountant (CPA) li

• Yes
• No

02

If you indicated you meet one of the required qualification options above, please detail your specific experience. (If you DO NOT meet any of the options, enter N/A).
03

Which one of the following best describes your highest level of Microsoft Excel skills? (To qualify for the Intermediate level, you must also be able to perform the functions at the Basic level; to qualify for the Advanced level, you must also be able to perform the functions at Basic and Intermediate levels; to qualify for the Expert level, you must also be able to perform the functions at the Basic, Intermediate, and Advanced levels.)

• I do not have enough skills to meet the definition of the Basic level below
• BASIC: Create basic worksheets; create basic formulas; use basic functions; modify and format a worksheet; print workbooks
• INTERMEDIATE: Use advanced formulas; organize tables and worksheets; create and modify charts; analyze data using Pivot tables and Pivot Charts; insert and modify graphic objects in a worksheet
• ADVANCED: Create and edit macros; conditional formatting; apply data validation criteria; able to protect, share and merge files; trace cells and troubleshoot formula errors; uses data list outline; consolidate data and link workbooks; export and import text files and XML data; import data from the Web and create Web queries; analyze data using trend lines, Sparklines and scenarios
• EXPERT: Able to use and train others in all Excel functions listed above and uses advanced formulas, functions and arrays; uses information, date and time functions; uses advanced editing and formatting; advanced chart formatting; runs solver models and reports; embed and link information; set up customization including automation

04

Which one of the following best describes your highest level of Microsoft Outlook skills? (To qualify for the Intermediate level, you must also be able to perform the functions at the Basic level; to qualify for the Advanced level, you must also be able to perform the functions at Basic and Intermediate levels; to qualify for the Expert level, you must also be able to perform the functions at the Basic, Intermediate, and Advanced levels.)

• I do not have enough skills to meet the definition of the Basic level below
• BASIC: Compose email messages; send and respond to messages; organize email into folders; create contact information; schedule appointments; schedule meetings, manage tasks and notes
• INTERMEDIATE: Set calendar options; sort, find and filter messages; create distribution lists; share and delegate folder access; customize toolbar, menu bar, quick access tool bar and the To-DO bar; customize message options; use the journal entry to track and record; assign, reply and track tasks; create public folders and send and post information
• ADVANCED: Personalize with stationary and themes; create signatures; configure email security settings; group items and create search folders; apply conditional formatting; manage data files; create mail merge using contacts; archive messages
• EXPERT: Able to use and train others in all Outlook functions listed above

05

Which one of the following best describes your highest level of Microsoft Word skills? (To qualify for the Intermediate level, you must also be able to perform the functions at the Basic level; to qualify for the Advanced level, you must also be able to perform the functions at Basic and Intermediate levels; to qualify for the Expert level, you must also be able to perform the functions at the Basic, Intermediate, and Advanced levels.)

• I do not have enough skills to meet the definition of the Basic level below
• BASIC: Create, save, preview and print a basic document; edit selected text; change font appearance; highlight text; format paragraphs with tabs, borders, shading and styles; page setup, use auto correct
• INTERMEDIATE: Insert graphic objects and visual effects to a document; add tables to a document or convert tables to text; add watermarks, borders, headers and footers; use the word look up (thesaurus, dictionary); customize tables and charts; modify pictures in document; create customized graphic elements; use templates
• ADVANCED: Insert content using quick parts; control text flow; perform mail merge function; uses macros for tasks; insert cover pages and table of contents; track changes and comments; insert bookmarks, footnotes and endnotes; add hyperlinks; cross-references and citations; link documents to excel worksheets; send document to PowerPoint; merge documents; redaction function; hide text; add digital signature, restrict access and use passwords; create, protect and automate forms
• EXPERT: Able to use and train others in all Word functions listed above

06

In accordance with RCW 48.02.090(5), Office of Insurance Commissioner employees are prohibited from having any interest, directly or indirectly, in an insurance company other than as a policyholder. This prohibition includes the receipt of renewal commissions and employees may not hold a valid insurance license. If you have any interest in an insurance company, you must forfeit the license prior to the effective date of your appointment. If hired, do you agree to abide by this law?

• Yes
• No

07

As part of the pre-employment process, are you willing and able to undergo a criminal history background investigation? This would include a criminal records check.

• Yes
• No
• N/A - I am currently an OIC employee

Required Question