Deposit Specialist

Brown & Brown InsuranceMinneapolis, MN
$17 - $20Onsite

About The Position

Brown & Brown is seeking a Deposit Specialist to join our growing team in Minneapolis, MN! The Deposit Specialist is responsible for processing all phases of direct bill reconciliations for the offices within the Retail division in accordance with established company practices and timelines.

Requirements

  • Working knowledge of financial accounting and state regulations where business is conducted.
  • Proficient knowledge in Microsoft Windows environment, including but not limited to Word, Excel, Power Point, and Publisher. Able to create, edit, and merge letters, spreadsheets, labels, etc.
  • Proficient in Vertafore AMS360 products.
  • Proficient knowledge use of office equipment (including but not limited to copy machines, printers, faxes, binding machine, etc.)
  • 2+ year work experience in accounts payable in insurance industry.

Nice To Haves

  • College Degree in a finance-related field.

Responsibilities

  • Collect, transact, reconcile and record insurance carrier commissions statements and payments.
  • Analyze, identify and record unearned commissions.
  • Review, research and resolve commissions not transacted and sitting in open activities.
  • Leverage software automation for process efficiencies.
  • Analyze and identify trends to become subject matter expert within scope of assigned carrier partner.
  • Collaborate with profit centers to resolve billing errors.
  • Build courteous and successful relationships with carriers and profit centers to maintain efficient practice.
  • Promote teamwork, support, knowledge sharing and a positive attitude in the department and office.
  • Participate in training opportunities to remain current on industry information, new product development, legislation, coverages, and technology including professional development and continuing education

Benefits

  • Medical/Rx
  • Dental
  • Vision
  • Life Insurance
  • Disability Insurance
  • ESPP
  • 401k
  • Student Loan Assistance
  • Tuition Reimbursement
  • Free Mental Health & Enhanced Advocacy Services
  • Paid Time Off
  • Holidays
  • Preferred Partner Discounts
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