Insurance Company Examiner 3 pay range
Commonwealth of Pennsylvania · class code 03430
- Class code
- 03430
- Pay scale group
- ST 09
- Pay unit
- Year
- Bargaining unit
- A3
- State
- Pennsylvania
- The Commonwealth of Pennsylvania published pay range for Insurance Company Examiner 3 is $78,925 to $119,844 per year.
- Commonwealth of Pennsylvania Office of Administration keys this classification as class code 03430.
- 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 accounting and auditing work serving as Examiner-In-Charge (EIC) over the examination of the financial conditions and operations of insurance companies and Continuing Care Retirement Communities (CCRCs). An employee in this job serves as EIC over complex, difficult, or sensitive insurance company examinations involving large amounts of assets, complicated corporate structure, and real or potential solvency problems. Work involves directing, coordinating, and reporting on the on-site review of the financial conditions and operations of insurance companies and CCRCs to determine adherence to state laws, rules, and regulations. Work includes developing an examination plan based upon risk and materiality for each examination and developing reports of findings and recommendations for improvements.
Examples of the work
• Directs the investigation of irregularities in insurance company records, statements, and operations. • Leads the risk-focused examination of the financial conditions and operations of insurance companies and other regulated entities for adherence to state laws, rules and regulations. • Provides guidance to lower-level examiners, conducts detailed reviews of examiner work, and ensures a proper flow of communication with company management and department officials. • Determines that assets reported are admitted in accordance with applicable insurance company accounting principles.
Minimum qualifications
• Two years of experience as an Insurance Company Examiner 2 (commonwealth title); or • Four 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 is finance or economics, and 3 college credits in business law; or • An equivalent experience and training which 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 a 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.