Washington State Office of the Insurance Commissioner · 10 hours ago
Financial Examiner 3 (FE3)
Seattle, WA
Full-time
Hybrid
Senior Level
$6,735/mo - $9,065/mo
7+ years expWashington State Office of the Insurance Commissioner is seeking a qualified individual for the Financial Examiner 3 position. This role involves leading examination teams to ensure the financial soundness and compliance of insurance companies, directly impacting consumer protection and regulatory integrity.
GovernmentInsuranceQuality Assurance
Hiring Manager
Carmelyn Russell, BSB/HRM, PHR
Responsibilities
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
Qualification
Required
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
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)
Preferred
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
Benefits
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.
Company
Washington State Office of the Insurance Commissioner
The Washington state Office of the Insurance Commissioner, led by Commissioner Patty Kuderer, protects insurance consumers.
201-500 employees
H1B Sponsorship
Washington State Office of the Insurance Commissioner has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2023 (1)
Funding
Current Stage
Growth StageRecent News
2021-12-29
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