Job Overview

Washington State's Office of the State Actuary (OSA) is seeking a qualified candidate to fill the position of Actuarial Analyst. This is an exempt, full-time position and is eligible for benefits. The current salary range for this position is $5,737 to $9,942 per month. We anticipate the starting salary would fall between the low and midpoint of this range and depend on the candidate’s experience and qualifications.

Responsibilities

• Actuarial analysts work closely with, and under the general guidance of, more senior actuaries.
• This entry-level position involves assisting with the preparation of actuarial valuations for 15 state retirement systems, the GET program, the Higher Education Supplemental Retirement Plan, and Other Postemployment Benefits.
• Assisting with the pricing of proposals related to public pensions, responding to legislative and constituent inquiries and requests, preparing cash flow and contribution rate projections.
• Assisting with economic and demographic experience studies.

Qualifications

Minimum

• The candidate will have a degree from an accredited college or university in a field such as actuarial science, STEM, or finance.
• Will have passed one actuarial exam.
• Will be proficient at using Excel spreadsheets.
• Familiar with word processing programs.
• Will have excellent interpersonal and written communication skills.
• Be effective working independently as well as in a team environment.
• Legally authorized to work in the United States.

Desirable Qualifications

• In addition to the minimum qualifications stated above, the ideal candidate has successfully completed the Society of Actuaries VEEs plus one additional actuarial exam.
• Knowledge of ProVal or other defined benefit valuation software would be beneficial.
• Strong leadership skills.

Work Environment

This position may be eligible for remote work as a Washington State resident after successful completion of in-person training and mentorship during a probationary period.

Our workplace is located in West Olympia, near the Capitol Campus and downtown. Olympia itself is a vibrant community with numerous opportunities for outdoor recreation and the visual and performing arts, plus highly regarded K-12 public schools, two public colleges, and one private university. Nearby attractions include mountains for hiking and skiing, coastlines for beachcombing, and the metropolitan cities of Seattle and Portland. More information about the office is available on our website.

Benefits

• Benefits include vacation, sick, and military leave; paid state holidays; health, life, long-term disability, and other optional insurance; social security; retirement; and deferred compensation programs.
• Eligible employees may participate in flexible work schedules that include telecommuting as a Washington State resident, upon completion of a probationary period.

About the Organization

Washington's Office of the State Actuary (OSA) supports the financial security of Washingtonians today and for generations to come by helping our clients make informed decisions in their governance of financial security programs including state pension and medical plans, GET Prepaid Tuition Plan, and the new state long-term care program. OSA provides non-partisan, actuarial, policy, and fiscal services for the Legislature, Executive branch agencies, and various boards and committees.

OSA offers employee benefits that support work-life balance and promotes a culture that is inclusive, respectful, and supportive. At OSA, we care about each other and the quality of our work. We work in a specialized field where projects are varied and challenging, and technical expertise, collaboration, and creativity are key to success. We are committed to serving the public while exceeding our clients' expectations.

Our workplace is located in West Olympia, near the Capitol Campus and downtown. Olympia itself is a vibrant community with numerous opportunities for outdoor recreation and the visual and performing arts, plus highly regarded K-12 public schools, two public colleges, and one private university. Nearby attractions include mountains for hiking and skiing, coastlines for beachcombing, and the metropolitan cities of Seattle and Portland. More information about the office is available on our website.

How to Apply

• This position will remain open until filled. Application screening and interviewing will begin immediately. We prefer to receive application packages via e-mail with attachments as a .pdf file.
• Candidates should provide a cover letter and resume; the cover letter should discuss reasons for your interest in the position and highlight any relevant experience — whether through work or school.
• Candidates should be prepared to provide three references, sign an authorization to release information, and be available to take a personality and career interest assessment to help evaluate their candidacy.
• Interviews may include a basic skills test along with technical or critical-thinking focused questions. 

Persons requiring reasonable accommodation in the application process or requiring information in an alternative format may contact HR Business Partner, in the Legislative Support Services HR office at (360) 786-7337, or [email protected].