Deposit Specialist

Location: Minneapolis, MN, USA

Salary: $17.00–$20.00 hourly

Company

Brown & Brown provides insurance services through retail division offices and carrier partnerships.

What you will do

• Process all phases of direct bill reconciliations for retail division offices.
• Collect, transact, reconcile, and record insurance carrier commission statements and payments.
• Analyze and record unearned commissions and resolve commissions remaining in open activities.
• Use software automation to improve process efficiency and identify commission trends.
• Collaborate with profit centers to resolve billing errors and maintain effective carrier relationships.
• Participate in training and continuing education covering insurance products, legislation, coverages, technology, and industry developments.

Requirements

• At least 2 years of accounts payable experience in the insurance industry.
• Working knowledge of financial accounting and applicable state regulations.
• Proficiency with Microsoft Windows, including Word, Excel, PowerPoint, and Publisher.
• Proficiency with Vertafore AMS360 products.
• Ability to use standard office equipment and prepare or merge letters, spreadsheets, and labels.

Nice to have

• College degree in a finance-related field.

Culture & Benefits

• Meritocracy-focused culture that values initiative and customer-focused work.
• Medical, prescription, dental, vision, life, and disability insurance.
• Employee stock purchase plan, 401(k), student loan assistance, and tuition reimbursement.
• Mental health and enhanced advocacy services.
• Paid time off, holidays, and preferred partner discounts.
• Inclusive environment focused on diversity, inclusion, belonging, teamwork, and knowledge sharing.