Insurance Financial Analyst I pay range
Commonwealth of Kentucky · class code 20000882
- Class code
- 20000882
- Pay grade
- 15
- Pay unit
- Month
- Alternate ranges
- 3
- State
- Kentucky
- The Commonwealth of Kentucky published pay range for Insurance Financial Analyst I is $4,040 to $6,464 per month, spanning every alternate range the plan defines.
- Kentucky publishes an entry rate and a midpoint for each pay grade, not a maximum, so the upper figure on this page is the grade midpoint.
- That works out to about $48,483 to $77,574 a year at full time.
- Kentucky Personnel Cabinet keys this classification as class code 20000882.
- The plan defines 3 alternate ranges for this class, so the rate depends on which criteria an employee meets.
- This is the range the plan authorises, not the salary of any individual employee.
Alternate ranges
| Range | Entry | Midpoint | Basis |
|---|---|---|---|
| Range 37.5-hour week | $4,040 | $6,060 | per month |
| Range 40-hour week | $4,310 | $6,464 | per month |
| Range Hourly | $24.86 | $37.30 | per hour |
Which alternate range applies is set by the plan's own criteria (experience, certification or assignment). The criteria text lives in the source document.
Class specification
The Personnel Cabinet class specification for this class is published by Kentucky Personnel Cabinet. 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. It was last revised 12/16/2023.
What the state says the job is
Applies extensive knowledge of accounting principles and theory, of pertinent statutes, regulations, and policies, and of management practices of the insurance industry in the review and analysis of financial reports of insurers regulated by the Kentucky Department of Insurance for the purpose of recommending that the insurer be licensed, continue to be licensed, placed in remediation, or prohibited from doing business in the Commonwealth of Kentucky; and performs other duties as required.
Examples of the work
Analyzes motor vehicle insurance underwriting companies in order to recommend licensure, continued licensure, remedial action, or prohibition of doing business in Kentucky. Oversees the review and analysis of annual and quarterly financial statement filings. Analyzes balance sheets, income statements, and securities for recommendation of continued licensure. Contacts insurance companies and other state's insurance staff to secure information or resolve questions raised.
Minimum qualifications
EDUCATION: Graduate of a college or university with a bachelor's degree which includes a minimum of twenty semester hours (thirty quarter hours) in accounting. EXPERIENCE, TRAINING, OR SKILLS: Must have two years experience in financial management, auditing, management accounting, or financial analysis. The required experience must be in an insurance regulatory agency, the insurance industry, or in a CPA firm where the individual's experience is primarily in insurance company audits. Substitute EDUCATION for EXPERIENCE: NONE Substitute EXPERIENCE for EDUCATION: Experience in financial management, auditing, management accounting, and/or financial analysis will substitute for the required college on a year-for-year basis.
Quoted from the Personnel Cabinet class specification, read 2026-10-21.
Where this comes from
Kentucky Personnel Cabinet publishes this figure in Classified and Unclassified 37.5 and 40-Hour Salary Schedule, effective September 16, 2026. Every number on this page is read from that document; nothing is estimated, modelled or averaged.
Job titles and their pay grades come from the Job Specification Search, joined to the salary schedule.
Nearby classes in Kentucky
Insurance Financial Analyst I in other states
| State | Entry | Midpoint | Per year at full time |
|---|---|---|---|
| Delaware | $42,493 | $63,739 | $42,493 to $63,739 |
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.