Insurance Company Financial Analyst Trainee

THE POSITION

As an Insurance Company Financial Analyst Trainee with the Insurance Department, Financial Analysis Division, you will begin an exciting journey into the world of insurance regulation. This role gives you the opportunity to learn important financial concepts and understand how regulators help protect consumers. You will gain hands‑on experience working with financial records, industry tools, and real regulatory processes. Your training helps build a strong foundation for a future career in financial analysis and oversight.

As an Insurance Company Financial Analyst Trainee with the Insurance Department, Financial Analysis Division, you will begin an exciting journey into the world of insurance regulation. This role gives you the opportunity to learn important financial concepts and understand how regulators help protect consumers. You will gain hands‑on experience working with financial records, industry tools, and real regulatory processes. Your training helps build a strong foundation for a future career in financial analysis and oversight.

This position focuses on structured training, hands‑on learning, and gaining familiarity with financial analysis tools and regulatory processes. It prepares you to support solvency monitoring, review filings, and understand how insurance companies are evaluated. As an Insurance Company Financial Analyst Trainee, you will perform the following duties:

• Training Participation:
  Attend department and NAIC courses to learn analysis methods and regulatory practices
• Record Review:
  Assist in examining financial statements, business plans, and required filings
• Independent Study:
  Study manuals and guides to understand risk focused analysis and solvency standards
• Systems Learning:
  Use regulatory software and tools to enter data and support analysis work
• Process Observation:
  Observe experienced analysts and examiners to learn real world financial review practices
• Information Requests:
  Draft questions and prepare basic reports to support regulatory communication

• 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 3 days per week. In order to telework, you must have a securely configured high‑speed internet connection and work from an approved location inside Pennsylvania. If you are unable to telework, you will have the option to report to the headquarters office in Harrisburg. The ability to telework is subject to change at any time.
  
  Additional details may be provided during the interview.
• Salary:
  
  Selected candidates who are new to employment with the Commonwealth of Pennsylvania will begin employment at the starting annual salary of $53,008.00 (before taxes).
• You will receive further communication regarding this position via email. Check your email, including spam/junk folders, for these notices.

• 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.
• Applicants will be considered to have met the educational requirements once they are within 3 months of graduating with a qualifying degree.

• You must meet the PA residency requirement . For more information on ways to meet PA residency requirements, follow the link and click on Residency Guidelines.
• You must be able to…