Insurance Company Financial Analyst Trainee pay range
Commonwealth of Pennsylvania · class code 04015
- Class code
- 04015
- Pay scale group
- ST 06
- Pay unit
- Year
- Bargaining unit
- A4
- State
- Pennsylvania
- The Commonwealth of Pennsylvania published pay range for Insurance Company Financial Analyst Trainee is $53,008 to $80,646 per year.
- Commonwealth of Pennsylvania Office of Administration keys this classification as class code 04015.
- 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 10/11/2022.
What the state says the job is
This is specialized trainee work in the application of accounting principles and in the review of financial statements and related documents to determine compliance with Pennsylvania insurance laws, regulations, and policies. An employee in this job participates in formal and on-the-job training to obtain the necessary skills and experience to conduct risk-focused reviews and analyses of detailed financial and operational documents, and compliance and solvency reports. Work involves developing skills in reviewing business plans and pro forma documents and understanding their relationship to a company’s operations, risk management, and financial results.
Examples of the work
• Assists Insurance Company Financial Analysts in the review and analysis of financial, transactional, and operational records by assessing compliance with statutes, regulations, policies, and National Association of Insurance Commissioners (NAIC) guidelines and best practices. • Assists in conducting risk-focused analysis by reviewing rating agency and Securities and Exchange Commission filings; utilizing Financial Analysis Solvency Tools; and researching industry publications. • Participates in the review of corporate governance and organizational structures.
Minimum qualifications
• A bachelor’s degree in insurance, accounting, finance, economics, business administration, risk-management, or a closely related field, which includes 15 college credits in accounting, finance, or auditing; or • An equivalent combination of experience and training which includes 15 college 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.
Nearby classes in Pennsylvania
Insurance Company Financial Analyst Trainee in other states
| State | Minimum | Maximum | Per year at full time |
|---|---|---|---|
| Illinois | $59,064 | $86,304 | $59,064 to $86,304 |
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.