Insurance Company Financial Analyst Manager pay range
Commonwealth of Pennsylvania · class code 04040
- Class code
- 04040
- Pay scale group
- ST 10
- Pay unit
- Year
- Bargaining unit
- A3
- State
- Pennsylvania
- The Commonwealth of Pennsylvania published pay range for Insurance Company Financial Analyst Manager is $89,996 to $136,842 per year.
- Commonwealth of Pennsylvania Office of Administration keys this classification as class code 04040.
- 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 05/28/2026.
What the state says the job is
This is professional managerial work in the evaluation of the financial solvency of insurance companies and other regulated entities to determine their compliance with Pennsylvania insurance laws, regulations, and policies. An employee in this job manages the review and risk-focused analyses of insurers, affiliated groups, and Continuing Care Retirement Communities (CCRCs). Work involves determining program objectives, priorities, and internal review standards; recommending, implementing, and evaluating program policies and procedures; and interpreting laws and regulations. Work includes determining financial statement filing requirements for insurance companies and serving as an agency representative on National Association of Insurance Commissioners' (NAIC) workgroups.
Examples of the work
• Manages the review and analysis of insurers’ and other regulated entities’ financial statements for compliance with Pennsylvania laws and regulations, department policies, and NAIC guidelines and best practices. • Analyzes, develops, implements, and evaluates program policies and procedures for the insurance financial analysis program. • Develops, evaluates, and adjusts technical program goals, objectives, and priorities. • Prepares recommendations to improve program efficiency and effectiveness, ensure uniformity of analyses, and achieve established goals. • Advises insurance companies of department analysis results and notifies them of solvency issues.
Minimum qualifications
• One year as an Insurance Company Financial Analyst Supervisor (Commonwealth title); or • Six years of professional accounting, auditing, financial investigation, financial compliance, or insurance market conduct experience that includes one year in the insurance field and one year of supervisory experience, and a bachelor’s degree in insurance, accounting, finance, statistics, economics, public administration, business administration, or a closely related field that includes 15 college credits in accounting, finance, or auditing; or • An equivalent combination of experience and training that includes one year of professional supervisory accounting, auditing, financial investigation, financ ...
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.