Deposit Specialist

About the role

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Brown & Brown is seeking a Deposit Specialist to join our growing team in Minneapolis, MN!

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.

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.
• Proficient in Vertafore AMS360 products.
• Proficient knowledge use of office equipment (including but not limited to copy machines, printers, faxes, binding machine, etc.).
• 2+ years work experience in accounts payable in insurance industry.
• Preferred: College Degree in a finance-related field.

Skills

• 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.
• Proficient in Vertafore AMS360 products.
• Proficient knowledge use of office equipment (including but not limited to copy machines, printers, faxes, binding machine, etc.).
• 2+ years work experience in accounts payable in insurance industry.
• Preferred: College Degree in a finance-related field.

Benefits

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
• Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
• Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
• Additional Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.

Pay

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.

Schedule

Not reflective of all schedules.