Functional Program Analyst 3 (HCBM Analyst)
Job
State of Washington
Tumwater, WA (In Person)
$72,258 Salary, Full-Time
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Job Description
This recruitment will remain open until June 10, 2026. The agency reserves the right to make a hiring decision at any time after the initial screening date on May 20, 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) to join our Rates, Forms, and Provider Networks Division based out of our Tumwater Office.Role:
FPA3: HCBM Contract Analyst (1) We are an employer of choice! Here's why: At the Washington State Office of the Insurance Commissioner (OIC) , we play a vital role in protecting consumers, the public interest, and Washington's economy by ensuring the insurance marketplace operates fairly, transparently, and in compliance with the law. A key part of that mission is making sure health insurance carriers build and maintain provider networks that give consumers meaningful access to health care services. 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 We are hiring for one (1) HCBM Analyst within our Rates, Forms, and Provider Network (RFPN) Division . This position focuses on reviewing complex healthcare contracts, evaluating them for compliance with state and federal requirements, and documenting findings in a clear and organized way. This role requires strong analytical thinking, sound judgment, and the ability to communicate effectively with insurers, providers, attorneys, and other stakeholders. This role reports to the assigned FPA4 Supervisor within either the Provider Contract Unit or the HCBM Contract Unit. Functional Program Analyst 3: HCBM Analyst As an HCBM Analyst, you will review contract filings submitted by health carriers, Health Care Benefit Managers (HCBMs), providers, pharmacies, and Pharmacy Services Administrative Organizations (PSAOs) . Your work helps ensure these agreements are accurate, compliant, and aligned with regulatory expectations. You will analyze contract language, identify issues, and provide clear written findings that support consistent oversight across the marketplace. You will also conduct research and offer subject matter guidance to carriers, HCBMs, agents, attorneys, and consumers. This includes discussing contract provisions, interpreting case law, and helping resolve questions or concerns that arise during the review process. This role is a strong fit for someone who enjoys detailed analytical work, communicates clearly about complex topics, and values contributing to fair and transparent practices across the healthcare system. Rates, Forms, and Provider Network team members are required to be in-office (4) days a week for the first 30 days of employment, (3) days in-office for days 31-90, and then (2) days from then on. This recruitment may be used to establish a qualified pool of candidates for Functional Program Analyst 3 vacancies in the next sixty days. These are Washington General Service positions. The monthly salary range for these positions is $5,137 - $6,906. 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 More than Just a Paycheck! Employee benefits are not just about the kind of services you get, they are also about how much you may have to pay out of pocket. Washington State offers one of the most competitive benefits packages in the nation. We understand that your life revolves around more than just your career. Like everyone, your first priority is ensuring that you and your family will maintain health and financial security. That's why choice is a key component of our benefits package. We have a selection of health and retirement plans, paid leave, staff training and other compensation benefits that you can mix and match to meet your current and future needs.Read about our benefits:
The following information describes typical benefits available for full-time employees who are expected to work more than six months. Actual benefits may vary by appointment type or be prorated for other than full-time work (e.g. part-time); view the job posting for benefits details for job types other than full-time.Note:
If the position offers benefits which differ from the following, the job posting should include the specific benefits. Insurance Benefits Employees and their families are covered by medical (including vision), dental and basic life insurance. There are multiple medical plans with affordable monthly premiums that offer coverage throughout the state. Staff are eligible to enroll each year in a medical flexible spending account which enables them to use tax-deferred dollars toward their health care expenses. Employees are also covered by basic life and long-term disability insurance, with the option to purchase additional coverage amounts. To view premium rates, coverage choice in your area and how to enroll, please visit the Public Employees Benefits Board (PEBB) website . The Washington Wellness program from the Health Care Authority works with PEBB to support our workplace wellness programs . Dependent care assistance allows the employee to save pre-tax dollars for a child or elder care expenses. Other insurance coverage for auto, boat, home, and renter insurance is available through payroll deduction. The Washington State Employee Assistance Program promotes the health and well-being of employees. Retirement and Deferred Compensation State Employees are members of the Washington Public Employees' Retirement System (PERS). New employees have the option of two employer contributed retirement programs. For additional information, check out the Department of Retirement Systems ' web site. Employees also have the ability to participate in the Deferred Compensation Program (DCP). This is a supplemental retirement savings program (similar to an IRA) that allows you control over the amount of pre-tax salary dollars you defer as well as the flexibility to choose between multiple investment options. Social Security All state employees are covered by the federal Social Security and Medicare systems. The state and the employee pay an equal amount into the system. Public Service Loan Forgiveness If you are employed by a government or not-for-profit organization, and meet the qualifying criteria, you may be eligible to receive student loan forgiveness under the Public Service Loan Forgiveness Program. Holidays Full-time and part-time employees are entitled to paid holidays and one paid personal holiday per calendar year.Note:
Employees who are members of certain Unions may be entitled to additional personal leave day(s), please refer to position specific Collective Bargaining Agreements for more information . Full-time employees who work full monthly schedules qualify for holiday compensation if they are employed before the holiday and are in pay status for at least 80 nonovertime hours during the month of the holiday; or for the entire work shift preceding the holiday. Part-time employees who are in pay status during the month of the holiday qualify for the holiday on a pro-rata basis. Compensation for holidays (including personal holiday) will be proportionate to the number of hours in pay status in the month to that required for full-time employment, excluding all holiday hours. Pay status includes hours worked and time on paid leave. Sick Leave Full-time employees earn eight hours of sick leave per month. Overtime eligible employees who are in pay status for less than 80 hours per month, earn a monthly proportionate to the number of hours in pay status, in the month to that required for full-time employment. Overtime exempt employees who are in pay status for less than 80 hours per month do not earn a monthly accrual of sick leave. Sick leave accruals for part-time employees will be proportionate to the number of hours in pay status, in the month to that required for full-time employment. Pay status includes hours worked, time on paid leave and paid holiday. Vacation (Annual Leave) Full-time employees accrue vacation leave at the rates specified inWAC 357-31-165
(1) or the applicable collective bargaining agreement (CBA). Full-time employees who are in pay status for less than 80 nonovertime hours in a month do not earn a monthly accrual of vacation leave. Part-time employees accrue vacation leave hours in accordance withWAC 357-31-165
(1) or the applicable collective bargaining agreement (CBA) on a pro rata basis. Vacation leave accrual will be proportionate to the number of hours in pay status, in the month to that required for full-time employment. Pay status includes hours worked, time on paid leave and paid holiday. As provided inWAC 357-58-175
, an employer may authorize a lump-sum accrual of vacation leave or accelerate the vacation leave accrual rate to support the recruitment and/or retention of a candidate or employee for a Washington Management Service position. Vacation leave accrual rates may only be accelerated using the rates establishedWAC 357-31-165.
Note:
Most agencies follow the civil service rules covering leave and holidays for exempt employees even though there is no requirement for them to do so. However, agencies are required to adhere to the applicable RCWs pertaining holidays and leave. Military Leave Washington State supports members of the armed forces with 21 days paid military leave per year. Bereavement Leave Most employees whose family member or household member dies, or for loss of pregnancy, are entitled to five (5) days of paid bereavement leave. In addition, the employer may approve other available leave types for the purpose of bereavement leave. Additional Leave Leave Sharing Parental Leave Family and Medical Leave Act (FMLA) Leave Without Pay Please visit the State HR Website for more detailed information regarding benefits. Updated 01-07-2026Required Qualifications :
Six (6) years of professional full-time work experience• in areas such as contract management, drafting and/or review of legal documents; regulatory examinations, regulatory compliance, or health care benefit plan design, distribution, or administration. 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 •A degree in public administration, business administration, law/legal studies, finance or related field from an accredited institution whose accreditation is recognized by the U.S. Department of Education or the Council of Higher Education Accreditation, or a foreign equivalent may be substituted for relevant experience. Proof of degree may be required prior to employment. If a degree was awarded outside of the United States, candidates must provide a credential evaluation report.Required Knowledge, Skills and Abilities:
Intermediate-level skills inMicrosoft Outlook, Word, and Excel Preferred/Desired Qualifications:
Advanced skills and experience in Microsoft Outlook, Excel, Word Demonstrated experience organizing work, establishing timelines, and meeting deadlines. 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! Welcome to the OIC Submit your application today and take the first step towards a rewarding career at the OIC! Resume and Cover Letter RequiredSimilar jobs in Tumwater, WA
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