Insurance Company Licensing and Financial Analysis Director pay range
Commonwealth of Pennsylvania · class code 04180
- Class code
- 04180
- Pay scale group
- ST 11
- Pay unit
- Year
- Bargaining unit
- A3
- State
- Pennsylvania
- The Commonwealth of Pennsylvania published pay range for Insurance Company Licensing and Financial Analysis Director is $102,788 to $156,167 per year.
- Commonwealth of Pennsylvania Office of Administration keys this classification as class code 04180.
- 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 06/15/2006.
What the state says the job is
This is managerial work in directing the state programs for licensing of insurance companies and for conducting the analysis of insurance company financial statements. The employee in this job plans, directs and coordinates all activities of the Bureau of Company Licensing and Financial Analysis in the Insurance Department. Work involves managing the program to license insurance companies to conduct business in Pennsylvania and to oversee the review of corporate activities of presently authorized entities for conformance with insurance laws; managing the program to review and analyze insurance company financial statements to ensure compliance with state laws and regulations; and directing security transactions including the preparation and certification of deposits, compliance and surety.
Examples of the work
Directs the review and evaluation of applications for the formation of new domestic insurance companies, health maintenance organizations and continuing care providers. Directs the review and evaluation of applications of foreign insurance companies seeking licensure in Pennsylvania. Directs the review and approval or disapproval of charter amendments, mergers and consolidations, stock acquisitions and sales of companies, proxies and/or special meetings of shareholders, holding company registration statements, voluntary dissolutions of companies, security deposits and management contracts.
Minimum qualifications
Three years of experience as Insurance Company Licensing Chief or Insurance Company Financial Analysis Chief; or Six years of experience in financial accounting or auditing of insurance companies, or other responsible experience in fiscal management or legal counseling in the insurance industry or in the regulation of the insurance industry, including three years of administrative or managerial experience; and a bachelor's degree; or An equivalent combination of experience and training.
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.