Deputy Chief Financial Officer (WMS 3)
State of Washington
FreshPosted Jan 13
Recent Listing
Posted: January 5, 2026 (10 days ago)
This job has been posted for 1-2 weeks. Still a good time to apply.
Financial Examiner 4 (FE4)
State of Washington
Office of the Insurance Commissioner
Location
Washington, 98504
Salary
$7,443 - $10,004
per month
Type
Full Time
More Finance & Accounting jobs →Closes
February 6, 2026More State jobs →
Job Description
Summary
This job is for a senior financial examiner who leads teams in checking the financial health of insurance companies to ensure they can pay claims and follow rules, protecting everyday people in Washington.
It's perfect for someone with years of experience in insurance regulation who enjoys mentoring others and making big decisions that keep the market stable.
You'll work in a supportive office environment with chances to grow and balance work with life.
Key Requirements
- Extensive experience as a financial examiner in the insurance industry
- Strong leadership skills to supervise examination teams
- Knowledge of NAIC accreditation standards and regulatory compliance
- Ability to assess solvency, governance, and financial risks using professional judgment
- Proficiency in conducting complex, risk-focused financial examinations
- Skills in mentoring staff and shaping examination practices
- Commitment to consumer protection and market stability
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 4 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 the state of Washington remain financially sound, compliant with state and national standards, and able to meet their commitments to consumers.
The Financial Examiner 4 (Supervising Examiner) plays a key leadership role in this mission.
Supervising Examiners oversee complex, risk-focused financial condition examinations conducted under National Association of Insurance Commissioners (NAIC) accreditation standards.
In this role, you guide examination teams, exercise professional judgment in assessing solvency and governance risks, and ensure examinations are completed accurately, efficiently, and in accordance with OIC policies.
This position is ideal for experienced financial examiners who are ready to lead people and processes, apply advanced regulatory judgment, and influence examination quality and consistency statewide.
Supervising Examiners help shape examination practices, mentor staff, and contribute to regulatory policy - making this a highly visible role with significant impact on consumer protection and market stability.
This recruitment may be used to establish a qualified pool of candidates for Financial Examiner 4 vacancies in the next sixty days.
This is a Washington General Service position. The monthly salary range for this position is $7,443 - $10,004.
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: https://www.insurance.wa.gov
Requirements
The duties of the position include but are not limited to:
- Lead and oversee risk-focused financial condition examinations of insurance companies and other regulated entities in accordance with NAIC accreditation standards and OIC procedures.
- Guide examination teams in gaining a comprehensive understanding of insurer operations, including corporate governance and enterprise risk management frameworks.
- Exercise professional judgment to identify, assess, and prioritize current and prospective solvency risks.
- Determine examination scope and tailor examination procedures based on an insurer’s size, complexity, and risk profile.
- Assign work to staff examiners and specialists, manage workloads, and monitor progress to ensure timely and accurate completion of examinations.
- Lead teams in identifying internal controls and risk-mitigation strategies and determining appropriate tests of controls and substantive procedures.
- Oversee examinations for compliance with Washington State laws, rules, regulations, and NAIC standards.
- Review, evaluate, and approve examination workpapers, analyses, and findings; require revisions or corrections as needed.
- Assist staff examiners with complex accounting, examination, and regulatory issues.
- Assist in preparing and reviewing formal financial examination reports for adoption at the conclusion of examinations.
- Identify material adverse findings and ensure proper communication and escalation in accordance with established procedures.
- Confer with insurer executives, attorneys, actuaries, accountants, and other professionals regarding contracts, agreements, and examination issues.
- Supervise and evaluate examination staff, including performance management, coaching, and professional development.
- Assess staff training needs and provide or coordinate on-the-job training and mentorship.
- Perform peer reviews (accreditation reviews) of completed financial examinations to ensure quality and consistency.
- Lead or participate in special projects, including targeted examinations, limited-scope reviews, new company admissions, and internal control or risk assessments.
- Assist leadership in implementing regulatory decisions and provide input on insurance legislation, regulations, and examination policy.
- Review updates to NAIC handbooks, accreditation manuals, and best practices and integrate changes into examination processes.
- Stay current on industry developments, emerging risks, and relevant accounting and regulatory issues.
To read more about this position and view all duties, click here to request a position description.
Qualifications
Required Qualifications:
* Nine (9) 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.
- Two (2) years of management or supervisory experience in a lead or advanced position.
- 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.
- Familiarity with insurance company operations.
- Hands on relevant professional work experience with insurance company operations.
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
- 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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