Insurance/MGA Bookkeeper (QuickBooks Online) — must understand premium trust & commission accounting

Posted 4 weeks ago

Worldwide

Summary

We're a US cyber-insurance MGA (managing general agent). We need an experienced bookkeeper to own our monthly books in QuickBooks Online. This is NOT general small-business bookkeeping — you must already understand insurance agency/MGA accounting. You must have hands-on experience with: - Premium trust / fiduciary accounting — premiums we collect are held in trust, not revenue - Premiums payable to carriers; agency-bill vs. direct-bill commission - Commission / override recognition and chargebacks (return premium on cancellations) - Carrier statement / bordereaux reconciliation - Monthly close, bank reconciliation, A/P, A/R, financial statements Important: We run QuickBooks Online + Salesforce. We do NOT use an agency management system (no AMS360, no Applied Epic). You must be able to build and maintain the premium-payable, trust, and commission structure manually inside QuickBooks — using liability accounts, classes, and clearing accounts — without an AMS doing it for you. Engagement: Ongoing, part-time, monthly. Remote. Long-term if it's a fit. To apply — answer these two questions in your first message (applications without answers are ignored): 1. Have you set up premium-trust and commission accounting *inside QuickBooks itself* (not inside an AMS that pushes to QuickBooks)? Describe one example. 2. We collect a $3,800 premium and keep a 24% commission, remitting the rest to the carrier. What hits our P&L as revenue, and what does not?

  • More than 30 hrs/week
    Hourly
  • 6+ months
    Duration
  • Expert
    Experience Level
  • $10.00

    -

    $15.00

    Hourly
  • Remote Job
  • Ongoing project
    Project Type

Contract-to-hire opportunity

This lets talent know that this job could become full time.
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Skills and Expertise
Mandatory skills
Technical Accounting
Accounting
Activity on this job
  • Proposals:10 to 15
  • Last viewed by client:3 weeks ago
  • Interviewing:
    0
  • Invites sent:
    0
  • Unanswered invites:
    0
About the client
Member since Jun 28, 2018
  • United States
    Princeton8:53 AM
  • $47K total spent
    6 hires, 1 active
  • 1,225 hours
  • Finance & Accounting
    Small company (2-9 people)

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