Insurance Financial Analyst II pay range
Commonwealth of Kentucky · class code 20000883
- Class code
- 20000883
- Pay grade
- 16
- Pay unit
- Month
- Alternate ranges
- 3
- State
- Kentucky
- The Commonwealth of Kentucky published pay range for Insurance Financial Analyst II is $4,444 to $7,110 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 $53,329 to $85,326 a year at full time.
- Kentucky Personnel Cabinet keys this classification as class code 20000883.
- 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 | $4,444 | $6,666 | per month |
| Range 40-hour week | $4,740 | $7,110 | per month |
| Range Hourly | $27.35 | $41.02 | 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
Oversees the work of insurance financial analysis staff and/or contractors; and personally handles the more difficult problems in the application of 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
Acts as the lead financial analyst/market conduct examiner in the performance of advanced level professional work in financial analysis and market conduct examinations and continuums, including office-based information gathering, interviews with insurance companies, targeted information gathering, correspondence, policy and procedure reviews, interrogatories, desk audits, on-site audits, investigations, and examinations. May act as the designated Early Warning Analyst to identify problematic companies. Provides and coordinates training efforts for financial analyses staff.
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 four 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 II in other states
| State | Entry | Midpoint | Per year at full time |
|---|---|---|---|
| Delaware | $54,482 | $81,722 | $54,482 to $81,722 |
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.