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State Fund Insurance Jobs in Edison, NJ (NOW HIRING)

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State Fund Insurance information

See Edison, NJ salary details

$62.1K

$92.9K

$167.2K

How much do state fund insurance jobs pay per year?

As of Aug 15, 2026, the average yearly pay for state fund insurance in Edison, NJ is $92,934.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,400.00 and $97,800.00 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.

What are popular job titles related to State Fund Insurance jobs in Edison, NJ?

For State Fund Insurance jobs in Edison, NJ, the most frequently searched job titles are:

What job categories do people searching State Fund Insurance jobs in Edison, NJ look for?

The top searched job categories for State Fund Insurance jobs in Edison, NJ are:

Infographic showing various State Fund Insurance job openings in Edison, NJ as of August 2026, with employment types broken down into 95% Full Time, and 5% Contract. Highlights an 71% In-person, 19% Hybrid, and 10% Remote job distribution, with an average salary of $92,934 per year, or $44.7 per hour.

Fund Accountant - Associate 2

State Street Corporation

Clifton, NJ • On-site

$41K - $66K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 11 days ago


Job description

Who we are looking for
As a Associate 2 you will be part of a team responsible for the portfolio investment and net asset value data for a complex Private Equity/Credit Fund, delivering customized service solutions for investment funds that have closed end structures and a variety of portfolio investments. This role is the hub in the delivery of administrative services, with Team members interacting daily with trade operations, investor services, custody, tax, financial reporting teams and directly with the client, functioning locally and in globally diverse locations. Join us if you are up to the challenge of administrating a mega fund and are looking to grow with a strong team.
Why this role is important to us
This Associate 2 position is within the Private Equity Fund Services Business Unit of the State Street Alternative Investment Services (AIS) group, a recognized industry-leading provider of fund accounting, fund administration and risk services to hedge funds and private equity/credit funds. The position will interact directly with external clients, as well as State Street onshore and offshore teams, providing complete end-to-end solutions for a major Private Equity/Credit Investment Fund.
Responsibilities
  • Oversee ledger bookings related to net asset valuations including supporting workbooks for the shared blockers or wholly owned blockers.
  • Reviewing allocations and current NAV pricing for fund-of-funds and direct investment private equity positions.
  • Investigate and analyze cash flow discrepancies to quarterly capital account statements for private equity fund of funds.
  • Identify pricing discrepancies and work with the client to resolve P&L inquiries.
  • Liaise with middle office and fund accounting teams to support timely delivery of fund NAVs.
  • Compilation, maintenance & reconciliation of fund and investor static data.
  • Maintaining electronic and hard copy client files on a daily basis and archiving as necessary.
  • Preparation of various client related correspondence including valuation documentation for audit purposes.
  • Review Junior Associate and offshore teams' work.
  • Participation in special client or internal projects as required.

Education & Preferred Qualifications
  • Accounting or Finance background and/or specific experience in the Private Equity industry required.
  • Strong problem solving and analytical skills.
  • Advanced MS Excel skills.
  • Experience with investment/Portfolio accounting platforms a plus.
  • Detail-oriented, owner's mindset, logical thinking, strong learning ability, sense of responsibility and teamwork are required.
  • Professional designation or advanced certifications are a plus.

Salary Range:
$41,600 - $66,560 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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About State Street

Sourced by ZipRecruiter

State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Boston, MA, US

Year founded

1792

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