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World Insurance Associates LLC

Analyst, Producer Commissions – Incentive Payables

World Insurance Associates LLC

Analyst handling producer commissions and incentive payables for World Insurance Associates. Prepare financial statements, review agreements, and manage employee profiles in agency systems.

Posted 5/6/2026full-timeRemote • 🇺🇸 United StatesJuniorMid-LevelWebsite

About the role

Key responsibilities & impact
  • Prepare statements and communications for unit leader and producer bonuses in accordance with employment agreement terms
  • Review of new acquisition employment agreements for tracking unit leader and producer bonuses
  • Prepare statements and communications for acquisition bonuses in accordance with asset purchase agreement terms
  • Review of new acquisition asset purchase agreements for tracking acquisition bonuses
  • Setup of employee profiles in agency management systems with default commission rates in accordance with employment agreements
  • Preparation of monthly journal entries related to accrued bonuses and bonus payments
  • Reconciliation of unit leader and producer bonus general ledger accounts
  • Coordination with IT and agency management system specialists to ensure producers are properly coded to accounts at prior and post conversion into World agency management systems
  • Provide payroll or accounts payable with payment information related to producer, unit leader, or acquisition bonuses on timely basis
  • Prepare monthly producer draw reconciliations and related journal entries. Update tracking schedule for producers in draw deficit, to be presented to management.
  • Ad hoc projects as assigned by management
  • Maintain and update monthly schedule of all variable compensation employees and coordinate changes with payroll, HR, and other relevant departments
  • Coordinate addition of new brokers in our agency management systems with operations, legal, and regulatory affairs

Requirements

What you’ll need
  • Bachelor's Degree preferred
  • Required Minimum of 2 years' experience in accounting, insurance industry
  • Prior commission payable experience preferred
  • Required Proficient in accounting software and Microsoft Office Suite or related software

Benefits

Comp & perks
  • Equal Employment Opportunity
  • Reasonable accommodations for qualified applicants with disabilities

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools
accountingjournal entriesreconciliationcommission payablebonus calculationsfinancial reportingdata analysisfinancial statementsaccrual accountingasset purchase agreements
Soft Skills
communicationcoordinationorganizational skillsattention to detailtime managementproblem-solvingcollaborationadaptabilityproject managementinterpersonal skills