Insurance Company Examiner 2 pay range
Commonwealth of Pennsylvania · class code 03420
- Class code
- 03420
- Pay scale group
- ST 08
- Pay unit
- Year
- Bargaining unit
- A4
- State
- Pennsylvania
- The Commonwealth of Pennsylvania published pay range for Insurance Company Examiner 2 is $69,086 to $104,959 per year.
- Commonwealth of Pennsylvania Office of Administration keys this classification as class code 03420.
- This is the range the plan authorises, not the salary of any individual employee.
Class specification
The Commonwealth job specification for this class is published by Commonwealth of Pennsylvania Office of Administration. 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 06/30/2023.
What the state says the job is
This is advanced technical work in the application of auditing and accounting principles and in the examination of the financial conditions and operations of insurance companies and Continuing Care Retirement Communities (CCRCs). An employee in this job conducts risk-focused examinations of domestic insurance companies, performs examinations of CCRCs, and conducts examination reviews to determine compliance with insurance laws, rules, and regulations and the National Association of Insurance Commissioners (NAIC) standards and guidelines. Work involves investigating and analyzing insurance company risks, policies, procedures, and controls to assess and monitor the current financial condition and prospective financial solvency. Work includes examining financial statements and records and preparing reports to document adherence to insurance laws, rules, and regulations.
Examples of the work
• Examines, verifies, and analyzes fiscal data and records of insurance companies and CCRCs for adherence to state laws, rules, and regulations. • Assists in identifying and assessing current and prospective solvency risks facing an insurance company. • Examines the quality and reliability of the corporate governance of insurance companies and CCRCs. • Serves as the Examiner-in-Charge on CCRC and smaller and less complex insurance company audits. • Leads or participates in risk-focused examinations of insurance company records, documents, financial statements, and other related materials by requesting and reviewing company documentation and internal financial analysis reports.
Minimum qualifications
• One year of experience as an Insurance Company Examiner 1 (commonwealth title); or • Two years of professional experience in the audit or examination of the financial conditions and operations of insurance companies and a bachelor’s degree that includes 6 college credits in accounting, 3 college credits in finance or economics, and 3 college credits in business law; or • An equivalent combination of experience and training that includes 6 college credits in accounting, 3 college credits in finance or economics, and 3 college credits in business law.
Special requirements
• All positions require designation as an Accredited Financial Examiner (AFE) or Certified Financial Examiner (CFE) as issued by the Society of Financial Examiners.
Quoted from the Commonwealth job specification, read 2026-10-21.
Where this comes from
Commonwealth of Pennsylvania Office of Administration publishes this figure in Classification and Pay Plan (online, current annual salary ranges). Every number on this page is read from that document; nothing is estimated, modelled or averaged.
The Commonwealth also links this class code to its own job title and specification. That page is the official description of the classification; this page publishes its pay range.
The listed pay scale is available in the Commonwealth's current ST schedule.