Salary: $79,600.00 - $143,300.00 Annually
Location : Richland County, SC
Job Type: FTE - Full-Time
Job Number: 179263
Agency: State Fiscal Accountability Authority
Division: Insurance Reserve Fund
Opening Date: 08/13/2025
Closing Date: 8/28/2025 11:59 PM Eastern
Class Code:: AH50
Position Number:: 60018091
Normal Work Schedule:: Monday - Friday (8:30 - 5:00)
Pay Grade: GEN12
Hiring Range - Min.: $79,600.00
Hiring Range - Max.: $111,500.00
Opening Date: 08/13/2025
EEO Statement: Equal Opportunity Employer
Agency Specific Application Procedures:: Please submit state application and a copy of your resume. A resume cannot be substituted for completing the work history and education section of the employment application. Incomplete applications will not be reviewed to determine qualification for position.
Veteran Preference Statement: South Carolina is making our Veterans a priority for employment in state agencies and institutions.
Job ResponsibilitiesThis position is located within the Insurance Reserve Fund Division of the State Fiscal Accountability Authority (SFAA)
The incumbent will, under limited supervision, manage the strategic and daily financial, budget, and procurement activities of the Insurance Reserve Fund (IRF) and the Second Injury Fund (SIF) in a manner that ensures overall success and enhancement of major program components. Manages the financial functions of the IRF and the SIF. Manages operational budget of $7 million. Oversees the monthly reconciliation of IRF premiums of over $100 million to ensure that bills are accurate, payments are received and recorded accurately and quickly. Oversee the reconciliation of the SIF claims and expenses. Procures critical services and products for the IRF in compliance with the SC Consolidated Procurement Code and agency policies and procedures to ensure that there is no lapse in service or coverage.
Maintains all documentation of contract terms and timelines in order to keep the Director and Assistant Directors apprised of critical dates and upcoming expenditures. Ensures that mandatory financial reports to the National Association of Insurance Commissioners, SC Department of Insurance, and the State Auditor's Office are accurate, complete, and within deadlines. Manages the IRF Business Unit.
Acts as the human resources liaison for the Insurance Reserve Fund; serving as a point of contact between the SFAA Office of Human Resources and IRF for all HR related issues.
Coordinates and facilitates the strategic process by working with key staff and managers to identify the key goals for the IRF. Completes other duties as assigned.
Minimum and Additional Requirements A bachelor's degree and five (5) years of business experience in state government (Accounting, Finance, Budgeting or Business Management).
Preferred Qualifications A degree in accounting, finance or related field is preferred. Five (5) years of experience in any of the following, management, finance, accounting, and budgeting principles and procedures. Experience working in governmental procurement and the State accounting system. Occasional overnight travel, weekend, or night work may be required.
Additional CommentsThe State Fiscal Accountability Authority is committed to providing equal employment opportunities to all applicants and does not discriminate on the basis of race, color, religion, sex (including pregnancy, childbirth, or related medical conditions, including, but not limited, to lactation), national origin, age (40 or older), disability or genetic information.
The State Fiscal Accountability Authority offers an exceptional benefits package for FTE positions that includes:- Health, Dental, Vision, Long Term Disability, and Life Insurance for Employee, Spouse, and Children
- 15 days annual(vacation) leave per year
- 15 days sick leave per year
- 13 paid holidays
State Retirement Plan and Deferred Compensation Programs
Benefits for State EmployeesThe state of South Carolina offers eligible employees generous benefits, including health and dental insurance; retirement and savings plan options; and paid vacation and sick leave. Plus, work-life balance programs such as telecommuting and flexible work schedules are available to employees of some state agencies.
Insurance BenefitsEligible employees may enroll in health insurance, which includes prescription coverage and wellness benefits. Other available insurance benefits include dental, vision, term life insurance, long term disability and flexible spending accounts for health and child care expenses.
Retirement BenefitsState employees are also offered retirement plan options, including defined benefit and defined contribution plans. Additionally, eligible employees may elect to participate in the South Carolina Deferred Compensation Program, which is a voluntary, supplemental retirement savings plan offering 401(k) and 457 plan options.
Workplace BenefitsState employees may also be eligible for other benefits, including tuition assistance; holiday, annual and sick leave; and discounts on purchases, travel and more.
Note: The benefits above are available to most state employees, with the exception of those in temporary positions. Employees in temporary grant and time-limited positions may be eligible for all, some or none of these benefits as benefits are associated with each position type. For these positions, contact the hiring agency to determine what benefits may be available.