Insurance Accounting Associate

5H0 Hub International Limited

Providence (RI)

Hybrid

USD 45,000 - 60,000

Full time

3 days ago
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Benefits offered by this job

Health benefits
Retirement savings matching
Life and disability insurance
Paid time off
Parental leave
Wellbeing program
Career growth

Job summary

HUB International in Providence, RI is hiring for a hybrid full-time role focusing on commission reconciliation, disclosure, and reporting. The position requires a college degree in accounting or finance (preferred) and 1–3 years of office experience, ideally with life insurance exposure.

Strong Excel and communication skills are essential. The role involves reconciling carrier commissions, maintaining schedules, generating daily and monthly statements, handling inquiries, and supporting

Qualifications

  • College Degree in Accounting or Finance preferred but not required.
  • 1-3 years' experience in an office environment; life insurance experience preferred.

Responsibilities

  • Reconcile commission payments - entering and analyzing carrier commission statements to determine outgoing payments.
  • Maintenance of commission schedules - coordinate with carriers and update internal schedules and national accounts.
  • Prepare daily commission statements from carrier websites.
  • Prepare outgoing commission statements for agents, agencies, and broker-dealers.
  • Prepare monthly reports for key accounts.
  • Manage customer inquiries via phone and email; research issues and process changes with carriers.
  • AP as needed.
  • Support additional tasks and participate in projects.

Skills

Microsoft Office
Numerical analysis
Multitasking
Attention to detail
Data entry
Communication skills
Team collaboration
Adaptability
Problem-solving

Education

Bachelor's degree in Accounting or Finance

Tools

Microsoft Excel
Microsoft Word
Microsoft Outlook

Job description

About HUB

A path for every ambition. At HUB, we believe the best work happens when people are given real space to grow and then given the autonomy to exercise it. We power progress and protect ambition: for the clients who count on us, and equally for the people who make that possible every day. We’re creative thinkers and determined doers, guided by values that show up in how we work together: with empathy, adaptability, accountability and a genuine commitment to one another’s success. We foster bold ideas, celebrate curiosity and share what we know. Because when people grow, the work they do grows with them. Our purpose is deeply human: to help people navigate the world on their terms, at their speed, toward their future. We hold that same commitment to the people building careers here. Whether you're starting out or leveling up, you'll find the resources to evolve, the support to take on more and a team ready to back you at every stage. Your ambition has a home here.

Position Type / Expected Hours of Work

This is a hybrid full-time position on our Providence, RI office with a minimum of three days in the office. Days and hours of work are Monday through Friday, 8:30 am to 5:00 pm, with a 30-minute unpaid break for lunch and two paid 15-minute breaks.

Duties
  • Reconcile commission payments - Entering and analyzing carrier commission statements to determine outgoing payments due, as well as troubleshooting within our commissions system for commissions calculating incorrectly.
  • Maintenance of commission schedules - Working closely with each of our carriers to obtain the most up-to-date commission schedules, reviewing schedules for changes, noting changes, and updating internal schedules as well as all national account schedules.
  • Prepare daily commission statements - Download and prepare daily commission statements from the carrier websites.
  • Prepare outgoing commission statements for agents, agencies, and broker-dealers
  • Prepare monthly reports for key accounts
  • Manage customer inquiries - Handle phone calls and emails from our agents and accounts to answer questions, research issues, and process changes with our insurance carriers.
  • AP as needed
  • Support additional tasks and participate in projects as assigned.
Skills / Key Competencies
  • Proficient in Microsoft Office: Word, Excel, Outlook
  • Ability to analyze numerical relationships
  • Able to multitask, prioritize workflow, and understand urgency
  • Must have attention to detail, is highly organized, and understand its importance
  • Is comfortable with technology. Can use the internet with ease and can enter data quickly and with accuracy
  • Ability to problem-solve
  • Understands the need for change and is flexible when needed
  • Ability to interact with all levels of management
  • Must exhibit excellent communication and telephone skills, including both written and verbal communication
  • Must be a self-starter and be able to work in a collaborative team environment
Education & Required Background

College Degree in Accounting or Finance preferred but not required. 1-3 years' experience in an office environment; life insurance experience preferred.

The HUB difference

HUB International is one of North America’s largest insurance brokers, delivering risk management, insurance, employee benefits, retirement and wealth management solutions to businesses and individuals across the United States and Canada - through locally led teams backed by national expertise, giving you the agility of a local partner and the reach of a global organization.

What we offer you
  • Competitive pay with comprehensive health benefits, retirement savings matching, and company-paid life and disability plans.
  • Generous paid time off, paid parental leave and a wellbeing program designed to support real work/life balance.
  • A collaborative, high-performing culture with meaningful engagement, community impact through HUB Gives and genuine room to grow your career.
Equal Employment Opportunity

HUB International Limited is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.

Reasonable Accommodations

HUB International Limited is committed to providing reasonable accommodations to qualified individuals with disabilities throughout the application and hiring process.

E-Verify

E-Verify: HUB International Limited participates in E-Verify. Please refer to Our Recruiting Process | Applicant Notices: E-Verify Program for additional information.

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