World Insurance Associates is a unique insurance organization offering top products and services from major providers, combined with attentive service from local agents.
Founded in 2011, World is one of fastest-growing top 25 insurance brokers in the U.S. We specialize in personal and commercial insurance lines, surety and bonding, employee benefits, financial and retirement services, and human capital management solutions.
Primary Responsibilities
Review producer and administrative commission as reported by our agency management system and other agencies when not fully integrated.
Monthly admin/brokers/others - Run reports, review accuracy/ appropriate to ensure the rates and calculations are in line with Company standards and/or agreed upon amounts
Draw reconciliations including:
Generating reports;
reviewing accuracy of rates and calculations per Company standards/employment agreements
reconciling to GL balances
Provide reviewed amounts to payroll/accounts payable for payment
Prepare analysis as requested by management
Prepare/distribute final commission statements on monthly basis
Preparation includes confirming accuracy of commission rates per Admin Comp policy, broker agreements, offer letters or employment agreements
Provide payroll (or A/P) with payment information on timely basis (
Field inquiries from all commission recipients including investigation into commissions, revised rates, shared business, etc.
Prepare journal entries as needed
Review producer & broker commission reports to ensure the accuracy of rates and compliance with commission
Update employee profiles to reflect compensation agreements
Qualifications
Bachelor's Degree preferred
Required Minimum of 2 years' experience in accounting, insurance industry
Computer/Software Skills
Required Proficient in accounting software and Microsoft Office Suite or related software
Essential Skills/Competencies
Excellent verbal and written communication skills
Excellent organizational skills and attention to detail
Equal Employment Opportunity
At World Insurance Associates (WIA), we celebrate and support our differences. We know employing a team rich in diverse thoughts, experiences, and opinions allows our employees, our products, and our community to flourish. WIA is honored to be an equal opportunity workplace. We are dedicated to equal employment opportunities regardless of race, color, ancestry, religion, sex, national orientation, age, citizenship, marital status, disability, gender identity, sexual orientation, or Veteran status. In addition, WIA makes reasonable accommodations to known physical or mental limitations of an otherwise qualified applicant or employee with a disability, unless the accommodation would impose an undue hardship on the operation of our business
TO EXECUTIVE SEARCH FIRMS AND STAFFING AGENCIES:
World does not accept unsolicited resumes from any agencies that have not signed a mutual service agreement. All unsolicited resumes will be considered World’s property, and World will not be obligated to pay a referral fee. This includes resumes submitted directly to Hiring Managers without contacting World’s Human Resources Talent Department.
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What We Do
World Insurance Associates is a unique insurance organization offering top products and services from all major carriers, combined with personal service from local professionals. We specialize in personal and commercial insurance lines, surety and bonding, employee benefits, financial planning, retirement planning, and human capital management solutions. Our advisors are experts in their field, and we cater to specialized industries such as transportation, last mile delivery, hospitality, medical, healthcare, self-storage facilities, sports clubs, technology, hedge funds, startups, nonprofits, education, public entity, food and beverage, retail, construction, and manufacturing. Serving more than 200,000 clients, we have offices around the country, so you get attentive service from a local professional who personally knows you and your business and who will work with you to solve your insurance, risk, and HR management challenges. This means you never have to compromise again when it comes to managing and protecting your most important assets—your people and your business
