Deputy Chief Financial Officer (WMS 3)
State of Washington
FreshPosted Jan 13
Recent Listing
Posted: January 5, 2026 (9 days ago)
This job has been posted for 1-2 weeks. Still a good time to apply.
Financial Examiner 3 (FE3)
State of Washington
Office of the Insurance Commissioner
Location
Washington, 98504
Salary
$6,735 - $9,064
per month
Type
Full Time
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Job Description
Summary
This job involves leading teams to check if insurance companies in Washington are financially stable and following the rules, helping protect everyday people from bad insurance practices.
It's a leadership role where you'll plan investigations, analyze company finances, and mentor junior staff to ensure the insurance market stays fair and strong.
A good fit would be someone with experience in financial analysis or auditing who enjoys teamwork, problem-solving, and making a real difference in public safety.
Key Requirements
- Experience leading financial examinations or audits of insurance companies or similar regulated entities
- Strong knowledge of insurance solvency standards, including NAIC guidelines
- Ability to design and implement risk-focused examination work plans
- Skills in evaluating financial compliance and regulatory adherence
- Leadership and mentoring experience in guiding examination teams
- Analytical and investigative abilities for assessing company financial health
- Commitment to consumer protection and regulatory integrity
Full Job Description
This recruitment will remain open until February 5, 2026. The agency reserves the right to make a hiring decision at any time after the initial screening date on January 12, 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 Financial Examiner 3 position. This role is within the Company Supervision Division and is based out of our Seattle 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
At the Washington State Office of the Insurance Commissioner (OIC), we protect the public through fair, transparent, and consistent oversight of the insurance industry.
Our work ensures that insurance companies operating in Washington remain financially sound, compliant with state laws, and able to meet their obligations to consumers.
As a Financial Examiner 3 (Examiner-in-Charge), you’ll play a critical role in this mission.
You will lead examination teams, design risk-focused work plans, and evaluate the solvency and compliance of insurance companies and other regulated entities using NAIC standards.
Your work directly impacts consumer protection, regulatory integrity, and market stability, while providing opportunities to mentor staff and shape the next generation of financial examiners.
This position is ideal for experienced examiners or financial professionals who are motivated by investigative, analytical work, enjoy guiding teams, and want to make a measurable public impact through financial oversight and regulatory excellence.
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 $6,735 - $9,065.
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.
- And more! Explore our website for additional benefits: https://www.insurance.wa.gov
Requirements
The duties of the position include but are not limited to:
- Lead financial condition examinations of insurance companies and other regulated entities in accordance with NAIC accreditation standards and OIC policies.
- Assign, monitor, and manage workload for staff examiners, specialists, and other examiners; reassign tasks as necessary.
- Develop and approve work programs and exam approaches for assigned areas.
- Analyze financial statements, account balances, and company operations to identify unusual trends, key risks, and functional activities.
- Interview company officers, board members, and other officials to obtain information and assess internal controls.
- Identify significant inherent and prospective risks, evaluate controls and risk mitigation strategies, and determine the scope of testing required.
- Review and assess examination workpapers, findings, and reports prepared by staff examiners and external experts; suggest revisions as needed.
- Assist staff with complex accounting, examination, or regulatory questions.
- Prepare and sign formal financial examination reports, communicating material findings clearly and effectively.
- Evaluate and place appropriate reliance on work performed by external CPAs, internal auditors, and other professionals.
- Conduct examinations of Charitable Gift Annuities issuers and assess compliance with laws, regulations, and standards.
- Perform peer reviews (accreditation reviews) of completed financial examinations and integrate updates from NAIC guidance into examination practices.
- Lead special projects such as limited scope examinations, targeted reviews, new company analyses, and internal audits.
- Provide on-the-job training, mentorship, and professional development guidance to staff examiners.
- Encourage continuous improvement in examination methodologies, documentation, and professional skills of team members.
To read more about this position and view all duties, click here to request a position description.
Qualifications
Required Qualifications:
* Seven (7) years of full-time relevant professional accounting experience to include 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.
AND
- Successful completion of 20 quarter or 12 semester hours in accounting, finance, economics, or insurance. Professional experience may not substitute for the credit hours.
- 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) in an insurance discipline, as granted by the Society of Financial Examiners (SOFE); or a designation as a Certified Financial Examiner (CFE) in an insurance discipline, as granted by the Society of Financial Examiners (SOFE).
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 |
Preferred/Desired 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.
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!
Additional 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.
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 Recruitment@oic.wa.gov.
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.
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