Do you want an accounting career with stability, a pension, and amazing people? State Fund’s Financial Reporting team is hiring with all this and more!
We are seeking a detail-oriented Insurance Accounting Specialist to join our accounting team and grow with our organization! In this role, you will collaborate with a team to ensure timely and accurate completion of the financial close process. Your primary responsibilities will include ensuring that financial statements comply with accounting practices prescribed by the California Department of Insurance (CDI) and maintaining appropriate internal controls.
In this role you will:
• Perform month-end, quarter-end, and year-end closing tasks, including preparing journal entries, reconciling general ledger accounts, resolving discrepancies, and producing financial statements and relevant reports within deadlines
• Provide variance analysis and financial insights for executive teams
• Prepare and review quarterly and annual CDI financial statement filings
• Document and maintain accounting processes, procedures, memos, and guidelines
• Collaborate with external and internal auditors to ensure timely delivery of requested information
Our ideal candidate is:
• CPA certified with a background in public accounting preferred; insurance accounting knowledge is a plus
• Able to multi-task and manage priorities to meet non-negotiable deadlines
• Detailed-oriented with a strong sense of urgency
• A collaborative team player
• Experienced with Oracle ERP
This classificaiton has an educational requirement:
1. Equivalent to graduation from college, with specialization in accounting;
OR,2. Completion of the equivalent of 45 semester units given by a collegiate-grade residence or correspondence institution, of which 24 units must include courses in financial accounting, managerial accounting, intermediate/advanced accounting, fund/governmental accounting, cost accounting, auditing, business law, computer applications/management information systems.
Please note, official transcripts will be required if selected for this position.
This position may be filled in either of these locations: Glendale, Pleasanton, Riverside, Sacramento, San Diego, Santa Ana, Stockton, Vacaville or San Francisco.You will find additional information about the job in the .
To be considered, you must provide a fully completed STD 678 application, resume, and statement of qualifications via CalCareers. Resumes submitted in lieu of the STD 678 may not be accepted. Completed STD 678 must include duties performed, start and end dates, and hours worked per week for each position held.
Completed applications and all required documents must be received or postmarked by the Final Filing Date in order to be considered. Dates printed on Mobile Bar Codes, such as the Quick Response (QR) Codes available at the USPS, are not considered Postmark dates for the purpose of determining timely filing of an application.
Final Filing Date: 7/27/2025Who May Apply
Individuals who are currently in the classification, eligible for lateral transfer, eligible for reinstatement, have list or LEAP eligibility, are in the process of obtaining list eligibility, or have SROA and/or Surplus eligibility (please attach your letter, if available). SROA and Surplus candidates are given priority; therefore, individuals with other eligibility may be considered in the event no SROA or Surplus candidates apply.
Applications will be screened and only the most qualified applicants will be selected to move forward in the selection process. Applicants must meet the Minimum Qualifications stated in the Classification Specification(s).How To Apply
Complete Application Packages (including your Examination/Employment Application (STD 678) and applicable or required documents) must be submitted to apply for this Job Posting. Application Packages may be submitted electronically through your CalCareer Account at When submitting your application in hard copy, a completed copy of the Application Package listing must be included.
If you choose to not apply electronically, a hard copy application package may be submitted through an alternative method listed below:
Address for Mailing Application Packages
You may submit your application and any applicable or required documents to:
State Compensation Insurance Fund
Mailing Address
Attn: JC-483095EC
PO BOX 659015
Sacramento , CA 95865
Address for Drop-Off Application Packages
You may drop off your application and any applicable or required documents at:
State Compensation Insurance Fund
Talent Acquisition/Staffing
JC-483095EC
2275 Gateway Oaks Drive
Sacramento , CA 95833
08:00 AM - 05:00 PM
Required Application Package Documents
The following items are required to be submitted with your application. Applicants who do not submit the required items timely may not be considered for this job:
Benefit information can be found on the CalHR website and the CalPERS website.
State Fund employees are eligible for a number of benefits. Our benefit package includes:
Health Benefits Program (CalPERS)
Retirement (CalPERS)
Employer Health and Consolidated Benefits Contributions
Dental, Vision
401(k) and 457 Deferred Compensation Plans
Employee Assistance Program
Group Legal Services Insurance
Holidays, Vacation/Sick/Other Paid Leave
Flex Elect Reimbursement Program
Wellness and Recognition
Alternate Work Schedules
Transit Pass Program
Tuition Reimbursement
Dependent Scholarship Program
Leadership Training
Mentoring Program
The Human Resources Contact is available to answer questions regarding the position or application process.
Department Website:
Human Resources Contact:
Edina
(800) 499-8668
ECole@scif.com
Please direct requests for Reasonable Accommodations to the interview scheduler at the time the interview is being scheduled. You may direct any additional questions regarding Reasonable Accommodations or Equal Employment Opportunity for this position(s) to the Department's EEO Office.
EEO Contact:California Relay Service: 1-800-735-2929 (TTY), 1-800-735-2922 (Voice) TTY is a Telecommunications Device for the Deaf, and is reachable only from phones equipped with a TTY Device.
Prior to employment with State Compensation Insurance Fund, a background investigation (BI) will be initiated.
Additionally, subsequent Background Investigations will be processed for this classification for the duration of the appointment at regular intervals.
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