Executive Director

Washington State Transit Insurance Pool

Olympia, Washington

Salary Range: $240,000 - $288,000 DOQ

Headquartered in the city of Olympia, Washington, the Washington State Transit Insurance Pool (WSTIP) is an unincorporated, not-for-profit, local government risk sharing pool. Olympia is the capital of the state of Washington, the county seat of Thurston County and is the southern gateway to Puget Sound’s metropolitan region. The area is home to a wide variety of industries, including state government, health care, retail, military, education, construction, farming, fishing, and logging, and has an active arts community. With an economic engine fueled to a great extent by state government, as well as three higher education institutions, Olympia enjoys the benefits of a stable workforce, an engaged and educated community, and a well-supported school system.

The Washington State Transit Insurance Pool (WSTIP) provides its public transit agency members with the benefits of combined resources to self-insure, to purchase excess insurance, to manage claims and litigation, and receive risk management and training. While WSTIP may look like an insurance company, it serves as a risk pool that helps its members who are motivated by a commitment to provide safe, cost-effective public transit services. Programs and services include claims management, training, risk management, grants, pre-litigation assistance, governance education, and coverage for the unique risks associated with public transportation. WSTIP is governed by a Board of Directors consisting of one voting member representative from each member agency. An Executive Committee, elected by the Board of Directors, governs delegated areas of pool operations.

The Board of Directors and the Executive Committee provide oversite of the Executive Director who serves as chief executive and is responsible for the efficient operations of the pool and its staff. Direct reports to this position include the Deputy Director, Board Relations, Claims Manager, and Member Services Manager. Main responsibilities of the Executive Director include ensuring WSTIP's legal compliance, representing the organization in regulatory matters, and guiding the Board in setting mission, values, and strategic direction. Financial oversight includes budgeting, audits, and aligning funding with long-term goals. The Executive Director also works directly with WSTIP’s broker to purchase/renew insurance policies associated with the program and will lead risk management efforts, ensuring fair claim resolution, and implement programs to reduce member risk.

Education and Experience: A bachelor’s degree, and six (6) years or more of executive management, assistant director or department director experience, with an upward career arc is required. A master’s degree in public administration or a related field is preferred. Financial acumen is required, with public sector accounting, finance preferred. Candidates must have the ability to analyze common financial reports and insurance industry financial tools needed. Previous insurance industry experience required, and insurance pool experience is strongly preferred. Previous experience in claims management, risk assessment and loss prevention is desired.

Benefits include: Health and dental insurance. Long-term disability. Life insurance. Retirement benefits are provided by the Public Employees’ Retirement System administered by the Washington State Department of Retirement Systems. WSTIP does not pay into social security but in lieu, offers a 401A plan. Optional 457 deferred compensation plans. WSTIP utilizes a paid general leave bank (combo sick leave and vacation) with new employees earning 24 days per year. Eight paid holidays (holidays not included: Martin Luther King Day, President’s Day, and Veterans Day).

For a complete position profile, full job description and to apply online, visit Prothman at https://www.prothman.com/ and click on "Open Recruitments". For questions, call 206-368-0050. The Washington State Transit Insurance Pool is an Equal Opportunity Employer. Apply by July 27, 2025. (First review, open until filled.)