Insurance Accounting Production Associate

INSURICA, Inc•Oklahoma City, OK

4d•Onsite

About The Position

The Insurance Accounting Production Associate is Responsible for assisting in all aspects of Insurance accounting, including, but not limited to, production, commissions, transactions, premium finance revenue, and workflows. The Insurance Accounting Production Associate will work closely with the Insurance Production Specialist and the Insurance Operations Accounting Director to ensure quality assurance and data integrity throughout all of INSURICA and related subsidiaries.

Requirements

High school diploma required; some college preferred
2-3 years of experience in the accounting field
2-3 years of experience in the insurance field
Strong organizational, analytical, and problem-solving skills
Strong understanding of Insurance Accounting Operations
Advanced PC skills, with a proficiency in MS Office Suite of products (Excel, Word, Outlook, Teams, etc.)
Excellent math skills, with the ability to accurately add, subtract, multiply, and divide numbers
Detail-oriented with a high degree of accuracy
Ability to work within a fast-paced, changing priority environment
Self-motivated, with the initiative to prioritize and be self-directed
Regular and punctual attendance is required
Ability to communicate effectively, both verbally, and in writing
Excellent interpersonal skills, with the ability to interact effectively with both colleagues and managers, across all levels
Ability to promote and maintain a team environment, willing to find accommodating solutions for our customers, companies and the Agency
Ability to successfully adhere to company policies and procedures, as well as maintain strict confidentiality
Ability to perform approximately 80% sedentary work, exerting up to 10 pounds of force occasionally, and negligible force frequently
Ability to lift up to 20 pounds occasionally
Requires operation of a computer workstation, including keyboard and video display

Nice To Haves

Experience in a shared services accounting environment is a plus

Responsibilities

Prepare monthly producer commission reports and submit to management for approval
Prepare commission payments as required
Prepare finance company override reports every month
Backup for all Insurance Production Accounting-related job functions, as well as handle complex insurance accounting matters (i.e., discrepancies, etc.)
Generate reports and prepare allocation for profit-sharing payments through all agencies for consistency
Monitor the accuracy of employee commission rates in EPIC, compared to executed employee agreements
Work with Business Analysis, as needed, to ensure accounts are ready to move from one agency to another
Auditing of billing transactions for accuracy to ensure consistent audit practices
Perform ad hoc research, on accounting production analysis, as requested
Assure compliance with INSURICA’s accounting guidelines and procedures, as they pertain to production
Participate in seminars and other training to maintain required licenses and for knowledge and skill development