Insurance Company Licensing Specialist pay range
Commonwealth of Pennsylvania · class code 04090
- Class code
- 04090
- Pay scale group
- ST 07
- Pay unit
- Year
- Bargaining unit
- A4
- State
- Pennsylvania
- The Commonwealth of Pennsylvania published pay range for Insurance Company Licensing Specialist is $60,538 to $92,010 per year.
- Commonwealth of Pennsylvania Office of Administration keys this classification as class code 04090.
- 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 05/12/2010.
What the state says the job is
This is technical work in the licensing of insurance companies to conduct business in Pennsylvania and in the review of corporate activities of licensed entities in accordance with applicable laws and regulations. An employee in this job evaluates applications for licensure of continuing care retirement communities, viatical settlement providers, health maintenance and preferred provider organizations, insurance premium finance companies, reinsurance intermediary brokers and managers, and other domestic entities subject to Insurance Department licensing regulations.
Examples of the work
Receives and evaluates applications for licensure of continuing care retirement communities. Reviews viatical settlement provider licensure applications, from companies who purchase non-term life insurance policies from individuals in an amount representing a lesser percentage of the pay-off at death. Reviews viatical settlement documents for the inclusion of an antifraud plan, fidelity guarantee and errors and omissions coverage; coordinates with the Pennsylvania Securities Commission for reviews involving outside investors; and approves licenses and annual renewals, if requirements are met.
Minimum qualifications
One year of professional regulatory experience in the review and analysis of insurance corporation proposals, filings, operations, financial conditions or licensure requests and a bachelor’s degree in accounting, business administration, economics, finance or a closely related field; or One year of professional experience in analyzing financial statements of insurance companies, or examining the financial conditions of insurance companies or operations of insurance companies, and a bachelor’s degree in accounting, business administration, economics, finance or a closely related field; or An equivalent combination of experience and training which includes one year of professional experience i ...
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.