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Insurance Accountant Jobs in Michigan (NOW HIRING)

Hastings Insurance is seeking an Accountant to join our Accounting team. In this role, you'll perform a variety of professional accounting responsibilities including financial reporting, account ...

Senior Accountant - Insurance

Detroit, MI Β· On-site

$67K - $85K/yr

The Opportunity This Senior Accountant will be a member of Ally's Controller's Team. Reporting to ... Supporting your Health & Well-being: flexible health and insurance options including medical ...

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Insurance Accountant information

See Michigan salary details

$29.6K

$59.6K

$94.6K

How much do insurance accountant jobs pay per year?

As of Sep 14, 2026, the average yearly pay for insurance accountant in Michigan is $59,553.00, according to ZipRecruiter salary data. Most workers in this role earn between $46,600.00 and $68,400.00 per year, depending on experience, location, and employer.

What does an insurance accountant do?

An Insurance Accountant is responsible for managing and analyzing the financial records of insurance companies. They handle tasks such as preparing financial statements, ensuring compliance with regulatory standards, processing premium and claims transactions, and analyzing financial data to support business decisions. Insurance Accountants also assist with budgeting, auditing, and reporting to ensure the company’s financial health and regulatory compliance.

What skills and qualifications are needed to thrive as an insurance accountant?

To thrive as an Insurance Accountant, you need strong analytical abilities, a solid understanding of insurance accounting principles, and a relevant degree such as a bachelor's in accounting or finance. Familiarity with specialized insurance accounting software, general ledger systems, and often certifications like CPA or ACCA are valuable. Attention to detail, problem-solving skills, and effective communication help you excel in reviewing complex financial data and collaborating with teams. These skills ensure accurate financial reporting, regulatory compliance, and the effective management of insurance company finances.

What are common challenges insurance accountants face when reconciling premium and claims accounts?

Insurance Accountants often encounter challenges such as discrepancies between policy administration systems and accounting records, timing differences in premium recognition, and complex reinsurance arrangements. Accurately matching incoming premiums with outgoing claims can require significant attention to detail and frequent communication with underwriting and claims departments. Implementing strong internal controls and regularly performing reconciliations are essential to ensure financial accuracy and compliance with regulatory standards.

What is the difference between Insurance Accountant vs Insurance Underwriter?

AspectInsurance AccountantInsurance Underwriter
CredentialsCPA or accounting degree often preferredRelevant industry certifications like CPCU or FCAS
Work EnvironmentFinance departments, accounting firms, insurance companiesUnderwriting departments, insurance companies
Primary ResponsibilitiesManaging financial records, preparing reports, ensuring complianceAssessing risk, determining policy terms, approving coverage

Insurance Accountants focus on financial management and reporting within insurance companies, while Insurance Underwriters evaluate risks to decide policy issuance. Both roles are essential in the insurance industry but serve different functions related to finance and risk assessment.

What are popular job titles related to Insurance Accountant jobs in Michigan?

For Insurance Accountant jobs in Michigan, the most frequently searched job titles are:

Infographic showing various Insurance Accountant job openings in Michigan as of September 2026, with employment types broken down into 1% As Needed, 77% Full Time, 14% Part Time, and 8% Contract. Highlights an 84% Physical, 1% Hybrid, and 15% Remote job distribution, with an average salary of $59,553 per year, or $28.6 per hour.

Insurance Accounting Specialist (Accounts Payable & Commissions)

Ann Arbor, MI β€’ On-site

$65K - $85K/yr

Other

Medical, Dental, Vision, Retirement

Posted 3 days ago

New


Job description

Insurance Accounting Specialist (Accounts Payable & Commissions)

Full Title: Insurance Accounting Specialist (Accounts Payable & Commissions)

Location: Northville or Ann Arbor, Michigan - Hybrid or remote considered for highly qualified candidates

Employment Type: Full-time

Compensation range: $65,000 - $85,000 base salary + potential for bonus

Tropolis is a leading national insurance brokerage focused on combining technology and data to drive growth, improve employee experience, and deliver exceptional customer service. Our mission, β€œInsuring Tomorrow Together,” reflects our commitment to being a trusted brokerage, embracing innovation, and building a collaborative culture with our agency partners, customers, carriers, and communities.

Position Overview

We are seeking an Insurance Accounting Specialist to manage core payable and commission accounting functions across one or more agency entities. This senior individual‑contributor role requires strong insurance agency accounting experience, Applied Epic proficiency, and the ability to independently manage complex workflows across multiple offices or agencies.

Key Responsibilities
  • Process and manage vendor invoices across multiple agencies, ensuring accuracy, proper coding, and timely payment
  • Reconcile vendor statements and resolve discrepancies independently
  • Maintain vendor records, payment schedules, and supporting documentation
  • Coordinate with accounting leadership on month‑end close and payable accruals
Commission Reporting & Payables
  • Prepare, calculate, and process producer and agency commission statements
  • Ensure commission calculations align with producer agreements and acquisition‑specific arrangements
  • Investigate and resolve commission discrepancies in coordination with carrier relations and accounting
Agency Bill Payables
  • Supervise outsourced agency bill service provider for agency bill payments, including carrier and premium‑related transactions
  • Apply and reconcile agency bill activity accurately within Applied Epic
  • Assist with agency bill account reconciliations and variance resolution
Systems, Reporting & Controls
  • Utilize Applied Epic for agency bill and commission workflows
  • Use Ramp and related tools for payable processing (preferred)
  • Generate payable, commission, and agency bill reports as needed
  • Document procedures and ensure consistent execution across agencies
  • Work closely with accounting, carrier relations, compliance, and operations teams
  • Support internal and external audits by providing documentation and explanations
  • Assist with integration and stabilization of acquired agencies
Qualifications

Experience: 5+ years of accounting or accounts payable experience within an insurance agency or brokerage (required); multi‑office or multi‑entity agency experience (strongly preferred); hands‑on Applied Epic experience (required)

Education: Associate’s degree in Accounting, Business, Finance, or a related field preferred; equivalent insurance agency accounting experience may substitute for formal education

Certifications & Systems: Applied Epic certifications preferred but not required; Ramp or similar AP automation experience preferred

Skills & Competencies: Strong understanding of insurance commissions and agency bill workflows; high attention to detail and accuracy; ability to work independently and resolve issues without excessive escalation; strong Excel and accounting system proficiency; ability to document and follow standardized processes

Benefits

We offer a competitive and comprehensive benefits package, including flexible time off, 11 paid holidays, a 401(k) with 100% match on the first 4% with immediate vesting, and medical, dental, and vision plan options with 90% employer paid. Eligible for standard benefits, Tropolis Employee Purpose Plan with six months’ service, discretionary bonus target 5‑10% of base salary, and opportunity for growth and advancement in a dynamic organization.

We are an Equal Opportunity Employer and celebrate diversity in all forms. We are committed to creating an inclusive environment for all employees.

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