What are the responsibilities and job description for the Financial Analyst-Residual Market Accounting position at NCCI?
Who We Are
Since 1923, NCCI has been committed to fostering a healthy workers compensation system. We are the nation’s trusted source for accurate, objective workers compensation information. At NCCI, we recognize that our employees are the reason our legacy endures today. We’re motivated by the opportunity to do challenging and interesting work, and our Total Rewards package attracts top talent. Our employees care about each other, and the communities in which they live and work. Our values of integrity, respect, quality and excellence, responsibility, and commitment guide our success.
What We Believe
We come from diverse backgrounds, so our commitment to inclusion is what brings us together to work as one.
PAY TYPE: SALARY
About The Role
Join a team that plays an important role in supporting the financial integrity of the workers compensation residual market. As a Residual Market Financial Analyst, you’ll review quarterly servicing carrier cessions, analyze financial data, and support key accounting functions that help ensure accurate financial reporting across multiple reinsurance pools. If you enjoy detailed financial work, problem‑solving, and contributing to meaningful industry outcomes, this role offers a blend of challenge, learning, and impact.
Why You’ll Love This Role
Marie Granning, Talent Acquisition Director
Marie_Granning@ncci.com
Equal Employment Opportunity
NCCI Holdings, Inc. is an Equal Opportunity Employer. It is our policy to provide equal opportunities to our employees (for example, in hiring, promotions, training) and to all job applicants, and to maintain a work environment free of discrimination on the basis of race, creed, color, national origin, marital and veteran status, gender, age, status as a qualified individual with a disability, religion, sexual orientation and gender identity or expression, genetic information, or any other basis prohibited by law. This policy applies to all employees and job applicants for employment.
We require a drug screen and background check. Smoke-free environment.
Since 1923, NCCI has been committed to fostering a healthy workers compensation system. We are the nation’s trusted source for accurate, objective workers compensation information. At NCCI, we recognize that our employees are the reason our legacy endures today. We’re motivated by the opportunity to do challenging and interesting work, and our Total Rewards package attracts top talent. Our employees care about each other, and the communities in which they live and work. Our values of integrity, respect, quality and excellence, responsibility, and commitment guide our success.
What We Believe
We come from diverse backgrounds, so our commitment to inclusion is what brings us together to work as one.
- We respect each other and value our differences
- We can be authentic and feel like we belong
- We promote equity in our organization and our community
PAY TYPE: SALARY
About The Role
Join a team that plays an important role in supporting the financial integrity of the workers compensation residual market. As a Residual Market Financial Analyst, you’ll review quarterly servicing carrier cessions, analyze financial data, and support key accounting functions that help ensure accurate financial reporting across multiple reinsurance pools. If you enjoy detailed financial work, problem‑solving, and contributing to meaningful industry outcomes, this role offers a blend of challenge, learning, and impact.
Why You’ll Love This Role
- Impactful Financial Work: Support reinsurance pools and regulatory bodies by preparing accurate financial statements, reconciliations, and analyses. Your work directly contributes to transparency and financial equity within the residual market.
- Analytical Variety: From bank and account reconciliations to journal entries and intercompany cash analysis, you'll work across a wide range of accounting functions that keep each day interesting and engaging.
- Collaboration & Support: Partner with pool participants and administrators to answer questions, support special requests, and provide clear, helpful financial insights.
- Growth Through Projects: Take part as a lead or core team member on projects where you’ll analyze processes, recommend solutions, and present outcomes to management—great exposure for advancement.
- Analyze quarterly servicing carrier reports and prepare financial statements, exhibits, and supporting documentation for reinsurance pools and regulators
- Prepare reconciliations and analyses for multiple residual market reinsurance pools.
- Support pool participants by managing detailed financial analysis and responding to reporting inquiries.
- Perform accounting responsibilities, including journal entries, bank reconciliations, account reconciliations, and intercompany cash analysis.
- Provide financial documentation for external audits and regulatory examinations.
- Lead or support projects by evaluating processes, identifying issues, recommending solutions, and sharing results with management.
- Bachelor’s degree in a related field and 3 years of financial or accounting experience, or
- Bachelor’s degree in risk management with at least 2 years of accounting experience, or
- 7 years of financial or accounting experience (including financial statement preparation) in lieu of a degree.
- Strong Microsoft Office skills and general knowledge of accounting concepts. Intermediate understanding of insurance terminology.
- Working knowledge of Oracle accounting systems.
- Experience in the insurance industry—especially workers compensation or residual market operations.
Marie Granning, Talent Acquisition Director
Marie_Granning@ncci.com
Equal Employment Opportunity
NCCI Holdings, Inc. is an Equal Opportunity Employer. It is our policy to provide equal opportunities to our employees (for example, in hiring, promotions, training) and to all job applicants, and to maintain a work environment free of discrimination on the basis of race, creed, color, national origin, marital and veteran status, gender, age, status as a qualified individual with a disability, religion, sexual orientation and gender identity or expression, genetic information, or any other basis prohibited by law. This policy applies to all employees and job applicants for employment.
We require a drug screen and background check. Smoke-free environment.