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State Fund Insurance Jobs (NOW HIRING)

Attorney

Sacramento, CA · On-site

$7.9K - $12K/mo

At State Fund, we represent the insured employers and various State Agencies of California, handling challenging workers' compensation-related issues. As an Attorney with us, you'll have the ...

About Montana State Fund Montana State Fund is more than just an insurance company. We are a team of dedicated professionals committed to making a positive impact. Our mission is to partner with ...

About Montana State Fund Montana State Fund is more than just an insurance company. We are a team of dedicated professionals committed to making a positive impact. Our mission is to partner with ...

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State Fund Insurance information

See salary details

$60K

$89.8K

$161.5K

How much do state fund insurance jobs pay per year?

As of Jul 13, 2026, the average yearly pay for state fund insurance in the United States is $89,770.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,000.00 and $94,500.00 per year, depending on experience, location, and employer.

What is State Fund Insurance?

State Fund Insurance typically refers to a government-operated insurance provider that offers workers' compensation insurance to employers. In many states, such as California, the State Compensation Insurance Fund (State Fund) is a non-profit, public entity that provides coverage for workplace injuries and illnesses. It serves as a safety net, ensuring that businesses—especially those unable to obtain private insurance—can comply with state laws requiring workers' compensation coverage. State Fund Insurance helps protect both employers and employees by providing financial assistance for medical care and lost wages due to work-related incidents.

What are the key skills and qualifications needed to thrive as a State Fund Insurance Agent, and why are they important?

To thrive as a State Fund Insurance Agent, you need a solid understanding of insurance products, risk assessment, and state regulatory requirements, often supported by a relevant license. Familiarity with customer relationship management (CRM) software, underwriting systems, and digital sales platforms is typically required. Strong interpersonal skills, attention to detail, and effective communication help agents build trust with clients and accurately assess their needs. These skills are vital for ensuring compliance, delivering excellent customer service, and achieving sales goals in a regulated insurance environment.

What is the difference between State Fund Insurance vs Claims Adjuster?

AspectState Fund InsuranceClaims Adjuster
Primary RoleProvides insurance coverage and manages claims for policyholdersInvestigates, evaluates, and settles insurance claims
Required CredentialsInsurance license, knowledge of insurance policiesInsurance license, claims handling certification often preferred
Work EnvironmentOffice-based, insurance company settingField and office-based, insurance companies or third-party administrators
Industry UsageInsurance providers, including state fundsInsurance companies, adjusting firms, government agencies

While both roles operate within the insurance industry, State Fund Insurance professionals focus on providing coverage and managing claims for policyholders, whereas Claims Adjusters investigate and settle individual claims. Understanding these differences helps job seekers identify the right career path within the insurance sector.

What are the main challenges faced by professionals working in State Fund Insurance, and how can new hires prepare to address them?

Professionals working in State Fund Insurance often encounter challenges such as navigating complex regulatory requirements, managing high caseloads, and ensuring timely claim processing. New hires can prepare by developing strong organizational and communication skills, staying updated on state-specific regulations, and being proactive in learning company processes and software systems. Collaboration with experienced colleagues and participating in ongoing training programs can also help new team members quickly adapt and excel in this fast-paced environment.
More about State Fund Insurance jobs
What cities are hiring for State Fund Insurance jobs? Cities with the most State Fund Insurance job openings:
What states have the most State Fund Insurance jobs? States with the most job openings for State Fund Insurance jobs include:
Infographic showing various State Fund Insurance job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 75% Full Time, 23% Part Time, and 1% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $89,770 per year, or $43.2 per hour.
Insurance Accounting Specialist

Insurance Accounting Specialist

State Compensation Insurance Fund

Sacramento, CA • On-site

$6.6K - $8.2K/mo

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 10 days ago


Job description

Come join the Financial Reporting team at State Fund!
State Fund's Financial Reporting team is seeking Insurance Accounting Specialists to support financial reporting, regulatory filings, and month-end close activities in a deadline-driven environment. This role requires strong analytical skills, sound judgment, and the ability to work both independently and collaboratively across teams.
In this role, the incumbent will:
• Perform month-end, quarter-end, and year-end close activities, including preparing and reviewing journal entries, reconciling general ledger accounts, researching variances, and preparing supporting analyses and reports within established deadlines
• Supporting quarterly and annual California Department of Insurance (CDI) financial statement filings and related reporting activities
• Provide variance analysis and financial insights to management
• Document and maintain accounting processes, procedures, and reporting guidelines
• Collaborate with internal and external auditors to ensure timely delivery of requested information
The ideal candidate will possess the following qualifications and skills:
• CPA certification with a background in public accounting preferred; insurance accounting knowledge is a plus
• Ability to multi-task and manage priorities to meet non-negotiable deadlines
• Detailed-oriented with a strong sense of urgency
• Proven ability to work as a collaborative team player
• Experience with Oracle ERP is a plus
Training & Development may be considered.
This position may be filled at one of the following State Fund locations:
Pleasanton, Riverside, Vacaville, Santa Ana, Sacramento, or Pasadena
You will find additional information about the job in the Duty Statement .
Working Conditions
The successful candidate must reside in California upon appointment.
Selected candidate(s) hired may be required to attend in-person Onboarding at our Vacaville office with expenses for attendance paid by State Fund.
Minimum Requirements You will find the Minimum Requirements in the Class Specification.
  • ACCOUNTING ADMINISTRATOR I (SPECIALIST)
Additional Documents
  • Job Application Package Checklist
  • Duty Statement

Position Details Job Code #:
JC-522248
Position #(s):
402-111-4552-XXX
Working Title:
Insurance Accounting Specialist
Classification:
ACCOUNTING ADMINISTRATOR I (SPECIALIST) $6,623.00 - $8,290.00 A
New to State candidates will be hired into the minimum salary of the classification or minimum of alternate range when applicable.
# of Positions:
Multiple
Work Location:
United States
Telework:
Telework
Job Type:
Permanent, Full Time
Facility:
Talent Acquisition/Staffing
Department Information
State Fund is California's largest provider of workers' compensation insurance. Established in 1914 by the state legislature, we offer diverse and comprehensive products and services that provide a strong and stable option for employers and injured employees with fast, reliable claims service and medical and indemnity benefits.
Our culture centers on our purpose and values. We exist to provide fairly priced workers' compensation insurance, make workplaces safe, and restore injured workers. To fully represent California, we are committed to our employees by embracing and celebrating our diverse workforce and fostering inclusion to make the workplace a dynamic environment for all. We recognize and reward high performance, yet value a healthy work/life balance.
Department Website: http://www.statefundca.com
Special Requirements
Required Education
Either:
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. Successful completion of the State Fund Accounting Course administered by the Department of Finance, shall receive credit for three semester hours toward the required accounting courses.
Effective July 1, 2025, the State of California implemented the Personal Leave Program 2025 (PLP 2025) which reduces an employee's monthly salary in exchange for leave credits. Employees appointed to this classification will have their monthly salary reduced and will accrue hours of PLP 2025 on the first day of each pay period in accordance with the applicable bargaining contract. The salary range(s) included on this job posting do not reflect the reduction in pay.
To be considered, you must provide a fully completed STD 678 application, and resume. Alternative documents submitted in lieu of required Application, Resume, and/or Statement of Qualifications will be removed from the applicant pool. Completed STD 678 must include duties performed, start and end dates, and hours worked per week for each position held or they will not be accepted.
Individuals who are currently in the classification, eligible for lateral transfer, eligible for reinstatement, have list eligibility, are in the process of obtaining list eligibility, have LEAP eligibility, or have SROA and/or Surplus eligibility may be considered.
Artificial intelligence (AI) tools such as ChatGPT, website searches, and third-party reviewers can be helpful in researching responses to the SOQ; however, by submitting your application for this position, you understand and acknowledge the SOQ you submit is your own work, in your own words, and accurately reflects your knowledge, skills, abilities, and experiences. Submitting an SOQ that is not your own may be cause for disqualification from the hiring process.
Application Instructions
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: 7/31/2026
Who 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. Individuals who are eligible for a Training and Development assignment may also be considered for this position(s). 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 www.CalCareers.ca.gov. 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-522248ec
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-522248ec
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:
  • Current version of the State Examination/Employment Application STD Form 678 (when not applying electronically), or the Electronic State Employment Application through your Applicant Account at www.CalCareers.ca.gov. All Experience and Education relating to the Minimum Qualifications listed on the Classification Specification should be included to demonstrate how you meet the Minimum Qualifications for the position.
  • Resume is required and must be included.
  • Degree and/or School Transcripts
Applicants requiring reasonable accommodations for the hiring interview process must request the necessary accommodations if scheduled for a hiring interview. The request should be made at the time of contact to schedule the interview. Questions regarding reasonable accommodations may be directed to the EEO contact listed on this job posting.
Benefits
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
https://www.statefundca.com//Home/StaticIndex?id=https://content.statefundca.com//careers/Index.asp
Contact Information
The Human Resources Contact is available to answer questions regarding the position or application process.
Department Website: http://www.statefundca.com
Human Resources Contact:
Edina Cole
(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:
Rosa Gil-Robles
(800) 499-8668
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.
Background Investigation
Prior to employment with State Compensation Insurance Fund, a background investigation (BI) will be initiated.
Acknowledgement
Electronic applications submitted through your CalCareer Account are highly recommended and will be received/processed faster than other methods of filing. Email is not an approved method of applying.
By applying to this position, you are also acknowledging that you have received the following information:
California State benefits
Duty statement/Job Description
Salary ranges and steps for the classification(s) advertised
Equal Opportunity Employer
The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation.
It is an objective of the State of California to achieve a drug-free work place. Any applicant for state employment will be expected to behave in accordance with this objective because the use of illegal drugs is inconsistent with the law of the State, the rules governing Civil Service, and the special trust placed in public servants.