Insurance Company Financial Analyst 2 pay range
Commonwealth of Pennsylvania · class code 04030
- Class code
- 04030
- Pay scale group
- ST 08
- Pay unit
- Year
- Bargaining unit
- A4
- State
- Pennsylvania
- The Commonwealth of Pennsylvania published pay range for Insurance Company Financial Analyst 2 is $69,086 to $104,959 per year.
- Commonwealth of Pennsylvania Office of Administration keys this classification as class code 04030.
- 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 10/01/2022.
What the state says the job is
This is professional and advanced technical work in the review of complex financial statements and related documents to determine compliance with Pennsylvania insurance laws, regulations, and policies. An employee in this job conducts reviews and risk-focused analyses of insurance companies and other regulated entities, including troubled companies, companies with complex structures, and highest priority insurers to determine their compliance with insurance laws, rules, and regulations, and the National Association of Insurance Commissioners (NAIC) standards and guidelines. Work involves reviewing supplemental filings of licensed insurers and other regulated entities in support of solvency surveillance.
Examples of the work
• Analyzes and evaluates financial information, transactions, corporate governance, and general operations of companies or affiliate groups designated as highest priority to assess compliance with Pennsylvania statutes, regulations, policies, and NAIC guidelines and best practices. • Obtains, reviews, and analyzes information presented in NAIC Financial Analysis Solvency Tools (FAST), risk repositories, rating agency reports, SEC filings, earnings calls, and press releases to identify and assess risk factors for high priority companies and affiliate groups.
Minimum qualifications
• Two years as an Insurance Company Financial Analyst 1 (commonwealth title); or • Three years of professional accounting, auditing, financial investigation, financial compliance, or insurance market conduct experience; and a bachelor’s degree in insurance, accounting, finance, statistics, economics, public administration or business administration or a closely related field, which includes 15 credits in accounting, finance, or auditing; or • An equivalent combination of experience and training which includes 15 credits in accounting, finance, or auditing.
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.