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Deposit Specialist

Company: Brown & Brown, Inc.
Location: Daytona Beach
Posted on: January 25, 2023

Job Description:

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Proud to be the fifth largest independent insurance brokerage in the country, Brown & Brown offers tailored insurance services & solutions. We are seeking a Depositspecialist to join our growing team in Daytona Beach!

The Deposit Specialist reports directly to the Direct Bill Team Leader, assisting with daily, monthly & yearly accounting and operations tasks, focusing on Deposits. Responsible for monitoring and recording daily banking activity, which includes accounts receivable and direct bill deposits. Agency bill and direct bill reconciliations.

WHAT YOU'LL DO:

  • Monitor daily banking activity
  • Recording all daily bank transactions, including check deposits, EFT's, etc.
  • Track current direct bill receivable, advising Team Leader of activity
  • Ensure all support for transactions is processed and filed accurately and timely in agency management systems.
  • Receipt, record Direct Bill Commission Received
  • Collaborate with Accounting & Administrative team on day-to-day banking activity.
  • Operate a personal computer and appropriate software packages or their equivalent.
  • Follow Agency and FO audit guidelines, policies, and procedures.
  • Leverage software automation for process efficiencies.
  • Analyze and identify trends to become subject matter expert within scope of assigned carrier partner.
  • 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.
  • All other duties as assigned.
  • Receive and process invoices; apply the correct invoice coding for department and expense type.
  • Identify and code prepaids accordingly and schedules expense amortization.
  • Prepare and schedules vendor payments according to trade discounts and payment terms
  • Leverage software automation for process efficiencies.
  • Collaborate with profit centers to resolve errors.
  • Research and respond to inquiries from internal and external customers.
  • Build courteous and successful relationships with vendors 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.
  • All other duties as assigned.

    WHAT YOU'LL NEED:

    • High School diploma
    • 1+ years functioning in an accounting department
    • Proficient knowledge in Microsoft Windows environment, especially Excel

      Preferred:
      • Bachelor's Degree in a finance-related field.

        WHAT WE OFFER:
        • Excellent growth and advancement opportunities
        • Competitive pay based on experience
        • Discretionary Time Off (DTO)
        • Generous benefits package: health, dental, vision, 401(k), etc.
        • Employee Stock Purchase Plan

          We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.

Keywords: Brown & Brown, Inc., Daytona Beach , Deposit Specialist, Accounting, Auditing , Daytona Beach, Florida

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