Bachelor's degree in Accounting, Finance, Risk Management, or related quantitative field.
4-7+ years of experience in corporate accounting, financial analysis, or risk management finance.
Hands-on experience with Origami Risk or similar RMIS platforms and ERP systems like Microsoft Dynamics Great Plains.
Strong understanding of insurance loss runs, third-party administrators, and self-insured retention structures.
Advanced proficiency in Microsoft Excel for financial modeling and data analysis.
Responsibilities
Review and validate weekly claim invoices and prefunding requests under tight deadlines.
Initiate urgent manual ACH releases for critical claim prefunding accounts.
Perform monthly bank and subledger reconciliations against general ledger accounts.
Conduct annual reconciliations of prepaid expenses versus actual fees incurred.
Extract and reconcile monthly loss runs from internal and external platforms.
Build and automate the monthly Insurance Reporting Package for executive review.
Organize and facilitate the monthly Executive Insurance Review Meeting.
Benefits
Medical, Dental and Vision Insurance
401(k) with generous employer match
Paid time off
10 Paid holidays
Optional Health savings account & Flexible spending account
Life insurance
Employee assistance program
Parental leave
Referral program
Tuition reimbursement
Full Job Description
Position Overview
The Financial Analyst - Insurance Risk & Claims serves as the critical financial and analytical bridge between Corporate Risk Management, Treasury, General Ledger Accounting, FP&A, and external actuarial partners. This role oversees the end-to-end administration and reporting of self-insured claims, third-party administrator (TPA) expenses, insurance reserves, and loss runs across all consolidated business entities (including DCI, Quala, and PSC).
The role is responsible for maintaining the integrity of the Risk Management Information System (Origami Risk), managing strict cash prefunding and claim payment workflows, coordinating cross-functional executive monthly reviews, and partnering with actuaries on reserve valuations.
Claims & Prefunding Invoicing: Review and validate weekly CBCS claim invoices, prefunding requests, and quarterly prepaid service fees under tight deadlines (strict 5-day and immediate same-day terms).
Treasury & ACH Coordination: Initiate urgent, same-day manual ACH releases with Treasury for critical claim prefunding accounts.
Bank & Subledger Reconciliations: Perform monthly BRS/Occidental bank reconciliations and Origami subledger-to-GL reconciliations against general ledger accounts (e.g., account 481103) to track timing variances, claim settlements, and cash fluxes.
TPA Contractual Reconciliations: Conduct annual reconciliations of CBCS prepaid expenses vs. actual fees incurred under active service agreements, auditing charges on a claim-by-claim basis to identify overpayments and dispute discrepancies.
2. Loss Runs Consolidation & Financial Reporting
Consolidated Loss Run Production: Extract, aggregate, and reconcile monthly loss runs across internal platforms (QC and DCI Origami) and external TPA feeds (CBCS, Sentry, ACE/ESIS).
Executive Reporting Package: Build, maintain, and automate the monthly Insurance Reporting Package and executive claim expense trending models (YTD P&L trends, pre-close and final close updates).
Watchlist Maintenance: Update and distribute the corporate Insurance Watchlist reflecting case developments, significant reserve changes ($5k+ threshold), and executive leadership adjustments.
Uninsured Allocations: Generate monthly uninsured claim transaction reports by Day BD+1 to calculate pivot-table cost allocations for corporate accounting journal entries.
3. Actuarial Support & Executive Governance
Executive Committee Facilitation: Organize, schedule, and assemble materials for the monthly Executive Insurance Review Meeting, aligning senior stakeholders across Legal, Operations, Accounting, and FP&A.
Actuarial Deliverables: Provide finalized, audit-ready loss runs and exposure exhibits to external actuaries (Pinnacle) within tight deadlines post-meeting, incorporating approved reserve adjustments.
4. RMIS Administration & Process Improvement
Origami System Administration: Manage user licenses, distribution groups, claimant metadata, and system security.
Integration Oversight: Monitor weekly automated API/EDI data feeds between external TPAs (CBCS) and Origami, troubleshooting and clearing data transfer integration exceptions.
Process Automation: Spearhead initiatives and automation tools (including AI/macro models) to streamline complex data consolidation and eliminate manual reporting errors.
Core Tasks & Operating Rhythm
Weekly
Review and approve weekly CBCS claim and prefunding invoices (Wednesdays).
Audit weekly automated CBCS-to-Origami data feed imports on Mondays.
Perform weekly GL expense scrubs (Account 481103) for claim reclasses and cost trends.
Review prefunding expenses and GL timing offsets.
Monthly (Close & Reporting)
BD+1: Extract QC/DCI Origami uninsured transaction reports for accounting allocation.
BD+1 to BD+5: Ingest TPA loss runs, complete BRS bank reconciliations, and distribute partner packages.
Consolidate master loss runs across all operating entities and TPAs.
Finalize Subledger (Origami) vs. GL (Great Plains/ERP) claim reconciliations.
Coordinate, prepare materials for, and facilitate the Executive Insurance Meeting.
Deliver final post-meeting actuarial loss runs and updated Watchlists to Pinnacle.
Quarterly
Audit and track legacy self-insurance claims against designated balance-sheet reserve accounts and add-back categories (e.g., Account 594140).
Reconcile quarterly prepaid claim administration service invoices.
Annual
Audit TPA prepaid expenses vs. actual contract fee schedules (July).
Collate headcount, payroll, and revenue exposure exhibits for annual policy renewals (September).
Ad Hoc
Origami user administration, permissions, and email routing changes.
Investigate claim coding reclassifications with field depots and corporate accounting.
Required Education & Experience
Education: Bachelor's degree in Accounting, Finance, Risk Management, or related quantitative field.
Experience: 4-7+ years of progressive experience in corporate accounting, financial analysis, or risk management finance.
System Experience: Hands-on working experience with Origami Risk (or equivalent enterprise RMIS platform) and ERP financial systems (e.g., Microsoft Dynamics Great Plains, NetSuite, SAP).
Claims & TPA Knowledge: Demonstrated understanding of insurance loss runs, third-party administrators (CBCS, ESIS/ACE, Sentry), self-insured retention (SIR), and casualty claim structures.
Technical Skills & Competencies
Advanced Financial Modeling: Advanced Microsoft Excel proficiency (complex pivot tables, Power Query, dynamic lookups, nested logic, and large dataset handling).
Reconciliation Expertise: Proven track record reconciling subledgers to General Ledger accounts, balancing cash transactions with bank statements, and identifying balance sheet accrual gaps.
Process Modernization: Experience using automation, macros, or AI-enabled tools to streamline manual recurring data processes.
Executive Communication: High-caliber interpersonal and organizational skills to manage schedules and present materials to senior executive stakeholders (Legal, Accounting, FP&A, Operations).
DCI Benefits
Medical, Dental and Vision Insurance
401(k) with generous employer match
Paid time off
10 Paid holidays
Optional Health savings account & Flexible spending account
