Accountant I

Modern Woodmen of America • Rock Island, IL

3d • Hybrid

About The Position

Are you detail-oriented, analytical, and eager to grow your accounting expertise? Join Modern Woodmen as an Accountant and help ensure the accuracy and integrity of agency sales compensation and production reporting. In this role, you'll support budgeting, forecasting, profitability reporting, and compensation analysis while gaining valuable experience and developing subject-matter knowledge of agency compensation programs that directly support business performance.

Modern Woodmen of America is one of the nation’s largest fraternal benefit societies, with over $19 billion assets. As a membership organization, Modern Woodmen pairs the “member-owned” characteristic of a mutual insurance company with the “social mission” characteristic of a service organization. Modern Woodmen also unites individuals with common bonds, provides a variety of life insurance and annuity products, and forms one of the nation’s most effective volunteer networks.

Requirements

• Bachelor’s degree in Accounting, Finance, Business, Economics, or a related field required.
• Experience in accounting, financial analysis, payroll, or related field.
• Strong analytical and problem-solving skills with a high level of accuracy and attention to detail.
• Ability to interpret, reconcile, and analyze financial and compensation-related data.
• Effective organizational skills with the ability to manage multiple priorities and meet recurring deadlines.
• Proficiency with Microsoft Excel and other business applications used for reporting and data analysis.
• Strong written and verbal communication skills and the ability to collaborate with team members across the organization.
• Commitment to continuous learning and professional development.

Responsibilities

• Prepare recurring reports and schedules on agency sales compensation, production metrics, and trends for review.
• Assist with analysis of sales compensation programs by gathering supporting data and preparing calculations used to evaluate program results.
• Build working knowledge of agency compensation programs and respond to routine questions from internal partners under the direction of the manager.
• Assist in the preparation of agency department budgets and compile monthly and quarterly variance analysis for management review.
• Support the development of forecasted sales production and compensation projections as part of the corporate planning process.
• Compile historical production and compensation data used in long-term planning and distribution system performance reviews.
• Collect, verify, and reconcile agency sales and performance data to support accurate compensation outcomes and financial reporting.
• Prepare supporting schedules and journal entries related to agency compensation and assist with month-end and year-end close activities.
• Assist with distribution system profitability reporting by preparing underlying data and summary schedules.
• Work with other department team members to support accurate administration of compensation programs.
• Identify opportunities to improve efficiency, data quality, and reporting accuracy within assigned processes.
• Participate in special projects and research assignments related to compensation, planning, and analytics.

Benefits

• Vacation
• Sick leave
• 11 paid holidays
• Educational offerings
• Company-paid retirement plan
• Matching 401(k) plan
• Employee Impact Bonus
• Medical, Dental and Prescription Drug Insurance. We pay 100% of employees’ health insurance premiums and 50% of employee dependents’ premiums.
• Group term life insurance.
• Long-term and short-term disability.
• Voluntary benefits: vision, flexible savings accounts (FSA), accident insurance

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level