Financial Analyst, Workers' Compensation

Financial Analyst, Workers' Compensation

Location: Hybrid in Duluth, GA

Seeking a highly analytical accounting or finance professional with experience supporting workers' compensation, insurance, risk finance, or self-insured programs. 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.

Why Join Us

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.

Who We Are

As the United States' largest light industrial staffing company and a broad workforce solutions provider, our digital-enabled approach to staffing is rooted in a rich history of delivering high-quality, scalable workforce solutions to the organizations driving the American supply chain. Our colleagues are guided by our purpose of Championing People, Unlocking Potential, and they bring this to life every day as they help put hundreds of thousands of people to work at thousands of companies across the country. The foundation of our culture is built upon a bridge to better, offering our colleagues rewarding and growth-oriented experiences that positively impact the lives of others and businesses in innovative and meaningful ways.

Job Summary

The Senior Analyst, Workers' Compensation is responsible for the accounting, financial forecasting, and cost allocation activities supporting the company's large-deductible and self-insured retention workers' compensation program. Reporting to the Commercial Division Controller, this role serves as the accounting organization's subject matter expert on workers' compensation, translating actual loss estimates, third-party administrator claims data, and payroll exposure into accurate financial reporting, recorded liabilities, branch-level allocations, and burden rates used in pricing and business planning.

This highly analytical accounting role ensures the accuracy, integrity, and transparency of workers' compensation financial results. This position focuses on validating operational and actuarial data, maintaining workers' compensation reserves and forecasts, supporting financial close and management reporting, and driving continuous improvements in reporting and cost allocation processes. The Senior Analyst partners closely with Risk Management, Human Resources, Operations, and Finance to provide reliable financial insights and support informed decision-making, effective cost management, and strong financial stewardship across the organization.

Role & 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.

Ideal Candidate

Ideal candidates will have experience in:

• 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

Preferred Education and Experience

• 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.

Key Systems & Tools

• 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

Competencies (Skills and Knowledge)

• 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.

Travel Requirements

Minimal to no travel expected for the position.

Employbridge offers a competitive base salary plus monthly bonus potential! Additional benefits package for full time colleagues that includes:

• 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

The anticipated annual base salary for this position in the US is $78,000 - $88,000. This range does not include any other benefits that an individual may be eligible for. The actual base salary offered depends on a variety of factors, which may include as applicable, the qualifications of the individual applicant for the position, years of relevant experience, specific and unique skills, level of education attained, certifications or other professional licenses held, and the location in which the applicant lives and/or from which they will be performing the job.

The EmployBridge Story

As one of the United States' largest light industrial staffing company and the first workforce-as-a-service provider, our digital-first approach to staffing is rooted in a rich history of delivering high-quality, scalable workforce solutions to the organizations driving the American supply chain. Our colleagues are guided by our purpose of Championing People, Unlocking Potential and bring this to life every day as they help put hundreds of thousands of people to work at tens of thousands of companies across the country. The foundation of our culture is built upon a bridge to better, offering our colleagues rewarding and growth oriented experiences that positively impact lives and businesses in innovative and meaningful ways.

At EmployBridge, we operate an entire family of specialty staffing companies that include: ResourceMFG, Select Staffing, ProLogistix, ProDrivers, RemX Specialty Staffing, Westaff, and Remedy Intelligent Staffing. To find out more, visit us at www.employbridge.com.

EmployBridge is an Equal Opportunity Employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, disability, military or veteran status, genetic information, or any other characteristic protected by federal, state or local laws.