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Commonwealth of Pennsylvania Insurance Company Financial Analyst 1 in Harrisburg, Pennsylvania

Reference #: 4344312 THE POSITION Are you passionate about examining and evaluating financial, corporate, and operational records to guarantee the financial stability of insurance companies, affiliated organizations, Continuing Care Retirement Communities (CCRCs), and the safeguarding of insurance consumers? Are you seeking a fulfilling and exciting career opportunity? Look no more! The Financial Analysis Division of the Pennsylvania Insurance Department is actively recruiting candidates for the position of Insurance Company Financial Analyst 1. Take the first step and apply today to become a valuable member of our team!


As an Insurance Company Financial Analyst 1, your responsibilities will involve acquiring, examining, and evaluating insurer financial statements on an annual and quarterly basis, along with any supplementary regulatory filings. This will encompass a range of documents such as audited financial reports, actuarial opinions, management's discussion and analysis, holding company filings, Risk Based Capital (RBC) reports, Enterprise Risk Reports, Own Risk Solvency Assessments (ORSAs), Continuing Care Retirement Communities (CCRCs) Disclosure Statements, Qualified Unlicensed Reinsurers (QURs) annual financial statements, Corporate Governance Annual Disclosure Statement, and additional filings. Your objective will be to assess compliance with statutes and regulations, supporting the department's oversight of licensed insurers and providers to safeguard policyholders and consumers. Interested in learning more? Additional details regarding this position can be found in the .

Work Schedule and Additional Information: Full-time employment. Work hours are 8:00 AM to 4:30 PM, Monday - Friday, with a 60-minute lunch. Telework: You may have the opportunity to work from home (telework) part-time, up to 4 days per week. In order to telework, you must have a securely configured high-speed internet connection. If you are unable to telework, you will have the option to report to the headquarters office in Harrisburg. Salary:In some cases, the starting salary may be non-negotiable. You will receive further communication regarding this position via email. Check your email, including spam/junk folders, for these notices.   REQUIRED EXPERIENCE, TRAINING & ELIGIBILITY

QUALIFICATIONS Minimum Experience and Training Requirements: Successful completion of the Insurance Company Financial Analyst Trainee program (commonwealth title); or One year of professional experience in insurance, accounting, finance, economics, business administration, risk-management, or a closely related field; and a bachelor's degree 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. Other Requirements: You must meet the . For more information on ways to meet PA residency requirements, follow the  and click on Residency. You must be able to perform essential job functions. How to Apply: Resumes, cover letters, and similar documents will not be reviewed, and the information contained therein will not be considered for the purposes of determining your eligibility for the position. Information to support your eligibility for the position must be provided on the application (i.e., relevant, detailed experience/education). If you are claiming education in your answers to the supplemental application questions, you must attach a copy of your college transcripts for your claim to be accepted toward meeting the minimum requirements. Unofficial transcripts are acceptable. Your application must be submitted by the posting closing date. Late applications and other required materials will not be accepted. Failure to comply with the above application requirements may eliminate you from consideration for this position. Veterans: Pennsylvania law (51 Pa. C.S. *7103) provides emp oyment preference for qualified veterans for appointment to many state and local government jobs. To learn more about employment preferences for veterans, go to and click the Veterans' Preference tab or contact us at. Telecommunications Relay Service (TRS): 711 (hearing and speech disabilities or other individuals). If you are contacted for an interview and need accommodations due to a disability, please discuss your request for accommodations with the interviewer in advance of your interview date.


Completing the application, including all supplemental questions, serves as your exam for this position. No additional exam is required at a test center (also referred to as a written exam). Your score is based on the detailed information you provide on your application and in response to the supplemental questions. Your score is valid for this specific posting only. You must provide complete and accurate information or: your score may be lower than deserved. you may be disqualified. You may only apply/test once for this posting. Your results will be provided via email.

The Commonwealth is an equal employment opportunity employer and is committed to a diverse workforce. The Commonwealth values inclusion as we seek to recruit, develop, and retain the most qualified people to serve the citizens of Pennsylvania. The Commonwealth does not discriminate on the basis of race, color, religious creed, ancestry, union membership, age, gender, sexual orientation, gender identity or expression, national origin, AIDS or HIV status, disability, or any other categories protected by applicable federal or state law. All diverse candidates are encouraged to apply.