Financial Analyst, Workers' Compensation

Employbridge Career • Duluth, GA

7d • Hybrid

About The Position

This role owns workers' compensation accounting, reserve forecasting, cost allocations, and financial reporting while partnering closely with Risk Management, FP&A, Payroll, and Operations. Ideal candidates bring strong accounting fundamentals, advanced Excel skills, and experience analyzing workers' compensation or insurance-related financial data. Work cross-functionally with Finance, Risk Management, Operations, FP&A, and HR to influence financial strategy and cost management for one of the nation's largest workers' compensation programs. This is a highly visible role with direct impact on financial reporting, forecasting, reserve management, pricing strategy, and overall business performance. You'll serve as the accounting subject matter expert for workers' compensation while partnering with leaders across the organization to drive informed decision-making and financial stewardship.

Requirements

• Workers' compensation accounting
• Insurance accounting or risk finance
• Self-insured or large deductible insurance programs
• Financial forecasting and reserve analysis
• Month-end close, accruals, and account reconciliations
• Claims data analysis and actuarial reporting
• Cost allocations and burden rate development
• Advanced Excel and financial modeling
• Bachelor's degree in Accounting, Finance, Economics, or a related analytical field.
• 3+ years of progressive experience in accounting, financial analysis, insurance accounting, risk finance, or a related discipline.
• Demonstrated experience managing accruals, journal entries, account reconciliations, and other activities within a structured monthly close process.
• Experience supporting workers' compensation, insurance, risk management, actuarial, or self-insured programs.
• Familiarity with large-deductible or self-insured retention insurance structures.
• Experience working with claims data, actuarial reports, third-party administrator loss runs, or risk management information systems.
• Advanced proficiency in Microsoft Excel, including complex formulas, lookups, index/match functions, pivot tables, data analysis, and multi-sheet financial models.
• Strong analytical and problem-solving skills, with the ability to interpret large data sets, work through incomplete or inconsistent information, and develop well-supported conclusions.
• Proven ability to document assumptions, reconcile analyses to financial records, and ensure the accuracy and integrity of financial results.
• Effective written and verbal communication skills, with the ability to present financial analyses and explain cost allocation methodologies to both financial and non-financial stakeholders.
• Ability to manage multiple priorities, meet deadlines, and operate effectively in a fast-paced environment.
• Demonstrated discretion and professionalism in handling confidential employee, payroll, and claims-related information.

Nice To Haves

• Microsoft Excel (advanced formulas, pivot tables, lookups, financial modeling)
• Risk Management Information Systems (RMIS)
• Workday
• Oracle
• SAP
• Power BI
• Claims management platforms
• Third-Party Administrator (TPA) reporting systems
• Actuarial reporting tools

Responsibilities

• Own the monthly accounting close for the workers' compensation program, including reserve accruals, journal entries, account reconciliations, and supporting documentation for audit and financial reporting purposes.
• Develop, maintain, and validate branch-level workers' compensation cost allocation methodologies that accurately distribute costs and support business performance analysis.
• Calculate and maintain workers' compensation burden rates used in pricing and gross margin models, partnering with Pricing and FP&A to align rates with actual loss experience and program costs.
• Analyze claim trends, loss development, and exposure data to forecast ultimate losses, cash requirements, and collateral needs while providing insightful variance analysis and management reporting.
• Support program cash flow forecasting, premium audits, collateral reviews, and actuarial studies by ensuring the accuracy and completeness of payroll, claims, and exposure data.
• Prepare workers' compensation schedules, disclosures, and supporting analyses for external audits, lender reporting, actuarial reviews, and other financial reporting requirements.
• Partner with Risk Management, Human Resources, Payroll, Operations, and third-party administrators to validate data integrity, resolve allocation issues, and improve reporting accuracy.
• Drive process improvements, standardization, and automation initiatives that enhance efficiency, strengthen controls, reduce manual effort, and improve the timeliness and accuracy of workers' compensation reporting.

Benefits

• Competitive base salary plus monthly bonus potential
• Comprehensive Medical, Dental & Vision benefits starting on the first of the month following hire date
• 8 Paid Holidays per year
• Paid Time Off
• 401(k)
• Wellness Program
• Parental Leave

What This Job Offers

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