Insurance Company Financial Analyst Trainee

Commonwealth of Pennsylvania • Dauphin County, PA

5d • Hybrid

About The Position

Join the Pennsylvania Insurance Department as an Insurance Company Financial Analyst Trainee and start building valuable financial analysis experience. You will have the opportunity to participate in a progressively responsible training program learning the basics of the U.S. Solvency Framework, including the state-based system supported by the National Association of Insurance Commissioners (NAIC) and the risk-focused analysis process, statutory accounting principles and the Department’s laws, regulations, rules, and procedures. This role introduces you to the systems and tools that support the financial health of insurance companies. This is a strong first step toward a stable and rewarding career. This entry level role provides introductory training in the financial review process for insurance companies and related entities. You will develop your understanding of regulatory practices, solvency monitoring, and financial reporting.

Requirements

• 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 three months of graduating with a qualifying degree.
• You must meet the PA residency requirement.
• You must be able to perform essential job functions.

Responsibilities

• Study regulatory frameworks, financial analysis tools, and industry guidelines
• Analyze financial documents, operational records, and required filings
• Identify key financial risks and understand the solvency monitoring process
• Enter data into software applications and learn analytical platforms and resources
• Prepare written materials, organize files, and participate in meetings with regulated entities
• Review industry publications and materials to stay informed about trends relevant to financial analysis

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level