Insurance Analyst pay range
State of Washington · class code 162L
- Class code
- 162L
- Salary range
- 45
- Pay unit
- Year
- State
- Washington
- The State of Washington published pay range for Insurance Analyst is $49,296 to $66,072 per year.
- Washington State Office of Financial Management (OFM) keys this classification as class code 162L.
- 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 45 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 | $49,296 | $50,412 | $51,600 | $52,872 | $54,204 | $55,596 | $56,952 | $58,392 | $59,760 | $61,332 | $62,880 | $64,512 | $66,072 |
| Monthly | $4,108 | $4,201 | $4,300 | $4,406 | $4,517 | $4,633 | $4,746 | $4,866 | $4,980 | $5,111 | $5,240 | $5,376 | $5,506 |
| Hourly | $23.61 | $24.14 | $24.71 | $25.32 | $25.96 | $26.63 | $27.28 | $27.97 | $28.62 | $29.37 | $30.11 | $30.90 | $31.64 |
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
In a training capacity and under close supervision, within the Office of Insurance Commissioner, either, Assists in the review and processing of filings of individual and group life and disability or property and casualty insurance policies, health care service contractor and health maintenance organization health care service agreements and related amendments for compliance with court decisions, laws, regulations and bulletins of the state and Office of Insurance Commissioner, OR Assists in researching, reviewing and analyzing property and casualty and/or life and disability insurance industry compliance with the Washington State Insurance Code and applicable regulation; OR Assists in conducting field investigations of complaints made against insurance agents, brokers, solicitors, adjusters and/or companies.
Examples of the work
Assists in the review of past present and prospective statistical data, loss and expense ratios and margins for profit and contingencies; verifies accuracy of formulas; Assists in the review of new or revised insurance rate filings to ascertain whether rates are excessive, inadequate or discriminatory; Assists in responding to consumer inquiries, providing information and/or investigating complaints; Assists in the research and investigation of consumer complaints resulting from disputes and disagreements between consumers and insurers; Assists in the investigation of complaints from consumers and sellers of insurance products concerning possible illegal practices in the marketing of propert ...
Minimum qualifications
A Bachelor's degree and one year as an Insurance Technician 3 or equivalent. Additional technical experience in the insurance industry or a regulatory agency will substitute, year for year, for education.
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.
Nearby classes in Washington
Insurance Analyst in other states
| State | Minimum | Maximum | Per year at full time |
|---|---|---|---|
| Arizona | $19.47 | $34.81 | $40,496 to $72,410 |
| Idaho | $49,743 | $99,486 | $49,743 to $99,486 |
| Illinois | $56,964 | $82,248 | $56,964 to $82,248 |
Each state publishes its own range for a classification with this exact title. Duties, grade structures and bargaining units differ between states, so read each class page before comparing.