Actuary 4 pay range
State of Washington · class code 504D
- Class code
- 504D
- Salary range
- 94
- Pay unit
- Year
- State
- Washington
- The State of Washington published pay range for Actuary 4 is $164,664 to $221,496 per year.
- Washington State Office of Financial Management (OFM) keys this classification as class code 504D.
- This is the range the plan authorises, not the salary of any individual employee.
Step progression
Washington State Office of Financial Management (OFM) assigns this class to salary range 94 in the General Service Salary Schedule. The range pays 13 steps; a step is normally earned on a periodic increment date, not negotiated.
| Basis | A | B | C | D | E | F | G | H | I | J | K | L | M |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Annual | $164,664 | $168,780 | $173,028 | $177,300 | $181,800 | $186,360 | $190,980 | $195,804 | $200,652 | $205,680 | $210,792 | $216,108 | $221,496 |
| Monthly | $13,722 | $14,065 | $14,419 | $14,775 | $15,150 | $15,530 | $15,915 | $16,317 | $16,721 | $17,140 | $17,566 | $18,009 | $18,458 |
| Hourly | $78.86 | $80.83 | $82.87 | $84.91 | $87.07 | $89.25 | $91.47 | $93.78 | $96.10 | $98.51 | $100.95 | $103.50 | $106.08 |
Steps as published. The monthly and hourly rows are the state's own, not conversions of the annual row.
Class specification
The OFM classified job specification for this class is published by Washington State Office of Financial Management (OFM). The passages below are quoted from it as published, not paraphrased, and cut to their opening sentences; the full specification is the authority on duties and qualifications.
What the state says the job is
Positions in this level manage the department's actuarial unit, supervising and directing actuarial staff. Functions as the department Senior Level Actuary responsible for all of the department's actuarial insurance functions. Positions present analytical findings to the Governor, employers, legislators, labor organizations, and other stakeholder groups. Defends findings through Public Hearings process including Court Proceedings and Legislative Hearings.
Examples of the work
Resolves complex actuarial problems; Testifies before legislative hearings, public rate hearings and other court proceedings; Manages the financial statements on projection of agency's assets which includes expenditure claims, liabilities, industrial insurance premiums, collectibles and uncollectibles, trust fund and reserve components comprised of medical aid, accident, pension and supplemental pensions; Develops data requirements for tracking agency's revenues and expenditures; develops methodologies to test quality of data; Evaluates actuarial impact of proposes legislation; Manages and directs the department's retrospective rating plans and other premium discount plans; Directs staff in ...
Minimum qualifications
Positions typically require a Bachelor's degree and membership in the American Academy of Actuaries. And, fellow (FCAS) of the Casualty Actuarial Society (CAS) with ten years of property and/or casualty actuarial experience Or, fellow (FSA) of the Society of Actuaries with ten years of life, disability, and/or health actuarial experience
Quoted from the OFM classified job specification, read 2026-10-21.
Where this comes from
Washington State Office of Financial Management (OFM) publishes this figure in Classified Job Listing joined to the OFM salary schedules effective July 1, 2026. Every number on this page is read from that document; nothing is estimated, modelled or averaged.
The dollar figures come from the salary schedule the listing assigns this range to.