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Insurance Agency Accounting Jobs in Massachusetts

Atrium

Finance & Accounting Agency Recruiter

Boston, MA

$60K - $70K/yr

This role sits within a growing Finance & Accounting division with a strong client base and ... Pet Insurance * Legal Benefits * 401(k) Program with employer match * Employee Assistance Programs ...

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Insurance Agency Accounting information

See Massachusetts salary details

$48.1K

$104.5K

$150.7K

How much do insurance agency accounting jobs pay per year?

As of Aug 23, 2026, the average yearly pay for insurance agency accounting in Massachusetts is $104,471.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,200.00 and $122,300.00 per year, depending on experience, location, and employer.

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 are the key skills and qualifications needed to thrive in insurance agency accounting?

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 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.

What does an insurance agency accountant do in an insurance company?

An insurance agency accountant manages financial records related to insurance policies, claims, and commissions. They prepare financial statements, ensure compliance with regulations, and use accounting software to track income and expenses within the agency. Strong attention to detail and knowledge of insurance industry practices are essential for this role.

What are popular job titles related to Insurance Agency Accounting jobs in Massachusetts?

For Insurance Agency Accounting jobs in Massachusetts, the most frequently searched job titles are:

What job categories do people searching Insurance Agency Accounting jobs in Massachusetts look for?

The top searched job categories for Insurance Agency Accounting jobs in Massachusetts are:

Insurance Agency Accounting jobs near you
Infographic showing various Insurance Agency Accounting job openings in Massachusetts as of August 2026, with employment types broken down into 100% Full Time. Highlights an 84% In-person, and 16% Hybrid job distribution, with an average salary of $104,471 per year, or $50.2 per hour.

BIA Agency Accounting and Finance Specialist - HYBRID

Bearingstar Insurance

Fall River, MA • Hybrid

$41/hr

Full-time

Re-posted 29 days ago

Job description

Bearingstar Insurance, a member of the Arbella Insurance Group, is one of the leading property and casualty insurance providers in Massachusetts and Connecticut writing over $130 million in premium. Bearingstar possesses a dynamic culture that has an independent agency feel along with the strength and resources of a large parent company. This allows us to offer competitive salaries, bonus above commission, excellent benefits, and great training and development programs.


We are currently looking for a motivated and self-driven individual to join our Accounting and Finance department. This is a great opportunity for an individual to not only build a career but to help contribute to the growth and development of a large growing agency. Additionally, after an initial in-house training for the first 90 days, this position can be hybrid work at home, with a few days in office and a couple of days at home each week.

The Accounting and Finance Specialist will focus on the following key responsibilities:

  • Budget Analyst - Evaluate, report and plan with departments.
  • Strategic Planning - Work with department director on agency objectives.
  • Financial and Business Reporting- Report creation and delivery with contextual explanation.
  • Agency Commissions - Reconciliation of deposits and transactions.
  • Employee Commissions - Prepare, audit and manage process.
  • Carrier Relationship Management- Review results, growth and profitability.

Successful candidates should possess the following skills:

  • Strong analytical skills and attention to detail
  • Excel proficiency that includes pivot tables, charts and financial reporting
  • Communication skills
  • Leadership skills
  • Microsoft Teams, Outlook, and PowerPoint experience

Our current reasonable and good faith estimate of the annual salary or hourly wage range for this position is approximately $65,000 ($33.34 an hour) - $80,000 ($41.00 an hour) based on a variety of factors including, but not limited to, relevant skills and experience.

Our work schedule is 37.5 hours per week. In addition, you are eligible for a profit share bonus program, exceptional benefit and wellness programs, career development, flexible schedules and much more.

Please note: The advertised pay range is not a guarantee or promise of a specific wage.

If the following core values: Employees, Customers, Trust, Performance, Citizenship and Diversity and Inclusion, are consistent with yours, we would love to discuss this opportunity further with you

Apply