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Insurance Agency Accounting Jobs (NOW HIRING)

hilbgroup

Accounting - Accounting Manager

Cranston, RI · On-site

Dynamic opportunity for an insurance agency accounting professional to join a growing organization. The individual will oversee accounts payable, accounts receivable and GL. Essential Job Functions ...

hilbgroup

Accounting - Accounting Manager

Cranston, RI · On-site

Dynamic opportunity for an insurance agency accounting professional to join a growing organization. The individual will oversee accounts payable, accounts receivable and GL. Essential Job Functions ...

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Insurance Agency Accounting information

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$44K

$95.7K

$138K

How much do insurance agency accounting jobs pay per year?

As of Jul 10, 2026, the average yearly pay for insurance agency accounting in the United States is $95,659.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,000.00 and $112,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in Insurance Agency Accounting, and why are they important?

To thrive in Insurance Agency Accounting, you need a solid understanding of accounting principles, financial reporting, and insurance industry regulations, typically supported by a degree in accounting or finance. Familiarity with accounting software such as QuickBooks, agency management systems, and knowledge of GAAP or other relevant certifications like CPA are highly beneficial. Attention to detail, analytical thinking, and strong organizational skills are crucial soft skills for managing complex financial data and meeting deadlines. These competencies ensure accurate financial records, regulatory compliance, and the efficient financial operation of the insurance agency.

What are some common challenges faced by professionals working in insurance agency accounting?

Professionals in insurance agency accounting often face the challenge of managing complex commission structures, which may involve handling multiple carriers and varying rates. They must also ensure timely reconciliation of premium payments and accurate tracking of receivables and payables, which requires close attention to detail. Additionally, staying current with regulatory changes and collaborating with both sales teams and underwriters to resolve discrepancies can be demanding but is essential for accurate financial reporting. Strong organizational skills and effective communication are key to navigating these challenges successfully.

What is Insurance Agency Accounting?

Insurance agency accounting refers to the specialized financial management and bookkeeping practices used by insurance agencies. This includes handling commissions, premiums, client accounts, carrier payables, and regulatory compliance. The goal is to accurately track agency income and expenses, ensure timely payments to carriers and agents, and maintain financial records for audits and tax purposes. Proper insurance agency accounting helps agencies stay financially healthy and compliant with industry regulations.

What is the difference between Insurance Agency Accounting vs Insurance Agent?

AspectInsurance Agency AccountingInsurance Agent
Primary RoleManaging financial records, bookkeeping, and accounting tasks for insurance agenciesSelling insurance policies and advising clients on coverage options
Required CredentialsAccounting certifications or finance background; sometimes insurance licensesInsurance license; sales and customer service skills
Work EnvironmentOffice setting, working with financial data and softwareField and office, interacting directly with clients
Industry UsageSupports insurance agencies' financial operationsDirectly involved in client acquisition and policy sales

Insurance Agency Accounting focuses on managing the financial aspects of insurance agencies, including bookkeeping and financial reporting. In contrast, Insurance Agents primarily sell policies and build client relationships. Both roles are essential in the insurance industry but serve different functions within the agency.

More about Insurance Agency Accounting jobs
What cities are hiring for Insurance Agency Accounting jobs? Cities with the most Insurance Agency Accounting job openings:
What states have the most Insurance Agency Accounting jobs? States with the most job openings for Insurance Agency Accounting jobs include:
What job categories do people searching Insurance Agency Accounting jobs look for? The top searched job categories for Insurance Agency Accounting jobs are:
Insurance Agency Accounting jobs near you
Infographic showing various Insurance Agency Accounting job openings in the United States as of July 2026, with employment types broken down into 86% Full Time, 8% Part Time, 1% Temporary, and 5% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $95,659 per year, or $46 per hour.
Agency Accounting Team Member

Agency Accounting Team Member

Driscoll & Driscoll Insurance Agency, Inc

Palmdale, CA • On-site

$50K - $70K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted yesterday

Job description

Insurance Agency Accounting Team Member - Successful candidate will do the following tasks Including Direct Bill Reconciliation to Direct Bill and Agency Bill accounting, Direct Bill Posting, Agency Bill Payables including payments, Agency Bill Receivables, Trust account transacting and management and other general accounting processes (vendor payables, bank reconciliation, etc.) Ideal candidate has worked with AMS 360 or Applied TAM or EPIC.