Insurance Agency Bookkeeper

Job Description

Insurance Agency Bookkeeper | WAHVE LLC

The Tone:
This is an Insurance Agency Bookkeeper role for WAHVE LLC, offered remotely across the United States. WAHVE LLC provides opportunities for seasoned insurance professionals to continue their careers from home, revolutionizing the concept of phasing into retirement. The company values significant insurance experience, aiming to preserve industry knowledge by connecting qualified candidates with long-term remote positions. This role is crucial for supporting WAHVE’s retail broker, wholesale broker, or MGA clients by managing their essential premium accounting and financial operations.

The TL;DR
• Role: Insurance Agency Bookkeeper
• Type: Full-time or Part-time
• Location: Remote, United States
• Team: Serving WAHVE’s clients, including retail brokers, wholesale brokers, or MGAs
• Mission: Manages all aspects of premium accounting and financial reporting to ensure accurate and timely financial operations for insurance agency clients.
• Tech Stack: Epic, AMS360, Sagitta

What You’ll Actually Do
• General Ledger Management: Manage the General Ledger, encompassing Accounts Payable, Accounts Receivable, and Commission Payable.
• Reporting: Prepare monthly management and producer commission payable reports for internal and external stakeholders.
• Reconciliation: Reconcile carrier commission statements and actively resolve any accounting discrepancies with insurance carriers and/or producers.
• Financial Statements: Prepare comprehensive monthly and annual financial statements for client agencies.
• Budgeting: Maintain the budget effectively, utilizing both Excel and designated agency management systems.

The Must-Haves
• Background: Senior-level professional with extensive experience in premium accounting within the insurance industry.
• Experience: A minimum of 25 years of overall full-time work experience, with at least 10 most current years specifically in premium accounting.
• Skills: Proficient in general ledger management, accounts payable, accounts receivable, commission payable, financial statement preparation, budget maintenance, and reconciliation processes.
• Bonus: Experience using agency management systems such as Epic, AMS360, or Sagitta is preferred, with particularly high demand for Epic experience.