Accounting Specialist - Producer Commission

Title: Accounting Specialist – Producer Commission    

Welcome to Insurance Office of America – one of the nation’s largest and premier privately held insurance agencies! Recognized as a Top Workplaces USA Award winner, IOA’s commitment to both a rewarding culture and employee satisfaction is unwavering. Prioritizing a strong work/life balance, personal and professional growth, competitive benefits, and giving back to our community aren’t just clichés here – they’re a part of who we are. With a growing workforce and over 60 office locations across the US and Northern Ireland, we can confidently serve our clients with an unmatched standard of excellence.  

Want to learn more? Complete the application below and one of our talented recruiters will be ready to answer any other questions you may have.    

Job Summary   

The Accounting Specialist provides administrative and accounting support to the accounting manager and accountant of the Producer Commission group, a subgroup of the Payroll Department. The position performs daily operational duties that include entries and adjustments prior to the end of the pay period, administration of the monthly commission payroll, and post payroll reports. Performs any combination of routine calculating, posting and verifying duties to obtain financial data for use in maintaining accounting records.    

What You’ll Do:  

• Review and understand the compensation terms of the employee/agent agreements, draw assignments, and promissory notes.
• Ensure proper documents are in place before system profile is established for commissioned employees.
• Generate, analyze, and make necessary corrections of monthly commission statements.
• Prepare import spreadsheet for monthly commission payroll.
• Uses accounting experience and judgement to analyze and interpret data and/or underlying transactions to determine proper accounting treatment, so necessary journal entries can be prepared and recorded accurately.
• Analyze and interpret general ledger activity to identify root cause issues or explanations.
• Independently research and document reconciling items and other variances for general ledger balances and, if applicable, making any correcting journal entries.
• Manage the group’s shared inbox. Prepares/distributes mail.
• Processes address changes and contact information in accounting system.
• Contribute to the development of accounting procedures and standard operating procedures.
• Must be professional and have courteous customer service skills even under pressure.
• Regular and consistent attendance is expected and a necessary component of the job. Must be flexible with schedule at month and year-end close process.
• Must regard all accounting and payroll information as highly confidential.
• This position will be the back up to the accountant and provide overall team support. Requires someone with initiative, desire to learn and develop productive relationships with IOA agents and employees.
• Lives and champions IOA core values at all times, demonstrating the highest level of personal character, integrity, and servant leadership
• Performs other duties as assigned 

What We’re Looking For:  

      Associate in accounting. One to three years’ administrative experience and basic accounting knowledge of assets, liabilities, income, expenses, debit, credits, and journal entries.  

      Experience in the insurance industry is preferred.  

      Experience using Applied – EPIC (agency management system/general ledger) highly preferred.  

      Proficiency in Microsoft Office13 Word, Excel, Teams, Outlook. Above average Excel skills needed.  

      Ability to listen and communicate (verbal/written) and follow-up effectively with employees, agents, managers, and executives  

      Must have these attributes to be successful in the position: excellent time management skills, ability to prioritize workload, work independently, self-starter, inquisitive, team player, handle responsibility of highly confidential information, detailed oriented, accurate and able to focus on priorities to adhere to tight deadlines, calm under pressure.    

What We Offer:  

• Competitive salaries and bonus earning potential
• Great benefits, including company paid health insurance
• Paid time off for holidays, vacations, and sick time
• 401K with an employer match
• Participation in our employee stock plan
• Opportunities for professional growth and career progression
• A culture that emphasizes respect for every individual
• Company commitment to work/family life balance and community service
• Teammates who share your drive for excellence
• Knowing every day you are helping our clients protect their families and businesses  

Still wondering if IOA is the right fit for you?  

• If you want to feel the significance of knowing your efforts have been both recognized, appreciated and rewarded, then IOA is right for you.
• If you want to feel valued and have a real influence towards the continued success of your organization, then IOA is right for you.
• If you want to feel the peace of knowing that you’ve made the best decision of your professional life, then IOA is right for you.