Property Casualty Insurance Actuary 1 pay range
Commonwealth of Pennsylvania · class code 04570
- Class code
- 04570
- Pay scale group
- ST 09
- Pay unit
- Year
- Bargaining unit
- B4
- State
- Pennsylvania
- The Commonwealth of Pennsylvania published pay range for Property Casualty Insurance Actuary 1 is $78,925 to $119,844 per year.
- Commonwealth of Pennsylvania Office of Administration keys this classification as class code 04570.
- 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 05/01/1977.
What the state says the job is
This is technical work in the actuarial analysis of property and casualty insurance rates, rating procedures, rating plans and the statistical analysis of related data. An employee in this class applies basic actuarial techniques in the analysis and evaluation of insurance rates procedures in property and casualty insurance to ensure that they are not excessive inadequate or unfairly discriminatory. Employees either independently approve or disapprove or recommend approval or disapproval of the filing to the supervisor depending upon the complexity. Work includes reviewing and analyzing statistical plans and underwriting procedures and other assistance regarding actuarial matters to Property and Casualty Insurance Work involves the preparation of comprehensive and detailed actuarial reports in accordance with specific assignments from the Chief Actuary.
Examples of the work
Reviews and analyzes property and casualty insurance company reports and filings to determine adequacy of rates and soundness of rating plans, benefits and coverages. Prepares comprehensive and detailed actuarial studies related to the property and casualty insurance field. Reviews proposed legislation and regulations regarding property and casualty insurance matters form an actuarial standpoint. Examines property and casualty insurance policy forms to determine their actuarial soundness. Represents the department at hearings in order to present testimony and cross- examine witnesses. Reviews and approves statutory statistical plans.
Minimum qualifications
Successful completion of four parts of the Casualty Actuarial Society examination program; or three years of actuarial experience in property and casualty insurance; and a bachelor's degree with major course work in mathematics or statistics; or any 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.