Deposit Specialist

Posted 4 Days Ago
Be an Early Applicant
Daytona Beach, FL, USA
In-Office
Junior
Insurance
The Role
The Deposit Specialist monitors daily banking activity, records transactions, collaborates with teams, and maintains relationships with carriers, ensuring compliance and efficiency.
Summary Generated by Built In

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

Job Description

It's an exciting time to join Brown & Brown!  Our business is growing both in North America and internationally which emphasizes the need to build an unparalleled team that promotes future growth. We're excited to continue solidifying that foundation as we are looking for a Deposit Specialist to join our growing team in Daytona Beach, Florida.

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.

Who We Are:  Brown & Brown, Inc. is a growing global insurance brokerage firm delivering risk management solutions and services since 1939.  Our unique culture is built on honestly, integrity, innovation and discipline and defines who we are and how we treat our customers, teammates and the communities we serve.  We think of ourselves as a team, so we have teammates---not employees.  We prioritize health, family, and business---in that order.  We embrace and celebrate diversity, always striving to be an inclusive place where you have the power to be yourself.  Traded on the New York Stock Exchange as BRO, Brown & Brown is a big company that doesn’t act like one.

Who We Are Looking For:  We are looking for passionate team players who believe in working hard and having fun in a collaborative environment.  Our team is customer-focused and values the importance of strong relationships, professionalism, and trust.  We embrace solutions-oriented big thinkers who are committed to results and aren’t afraid to take risks.  We are driven to set goals high and aim even higher.

General Responsibilities:

  • Monitor daily banking activity

  • Recording all daily bank transactions, including check deposits, EFT’s, etc.

  • Ensure all support for transactions is processed and filed accurately and timely in agency management systems.

  • Receipt, record commissions 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 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.

Required Qualifications:

  • High School diploma

  • 1+ years office experience

  • Working knowledge of financial accounting

  • Proficient knowledge in Microsoft Office environment, including but not limited to Team, Outlook, Excel and Word

Preferred Qualifications:

  • Bachelor’s Degree in a finance-related field.

What We Offer:

  • Excellent growth and advancement opportunities

  • Competitive pay based on experience

  • Paid Time Off (PTO)

  • Generous benefits package: health, dental, vision, 401(k), etc.

  • Employee Stock Purchase Plan

Teammate Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

  • 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
  • Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more. 

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

The Power To Be Yourself  

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”. 

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Daytona Beach, FL
2,391 Employees
Year Founded: 1939

What We Do

Brown & Brown Insurance provides risk management solutions to help protect what our customers value most. Our four business segments offer insurance products and services to businesses and individuals. Our culture is built on integrity, innovation, superior capabilities, and discipline. We view insurance differently and use our experience, carrier relationships, and principled customer focus to deliver first-class service and solutions. Becoming a Brown & Brown teammate introduces you to a career with virtually unlimited possibilities. We think of ourselves as a team, so we have teammates—not employees. We strive to attract people who are competitive, driven, and disciplined. Our unique company culture of meritocracy rewards self-starters and those committed to doing what is best for our customers. We are proud to be certified as a Great Place to Work ®. Brown & Brown has demonstrated a Culture of Caring through dedication to the people and communities we serve. With more than 11,000 teammates in over 300 locations across the US, Canada, Ireland, the UK, Bermuda, and the Cayman Islands, we actively support numerous organizations in the local communities in which we live, work, and play. With a long-standing history of proven success, Brown & Brown is one of the insurance industry’s most powerful and influential leaders, ranked as the fifth-largest brokerage in the US and sixth in the world. You can find us on the NYSE as BRO.

Similar Jobs

Tempus AI Logo Tempus AI

Manager, Biostatistics

Artificial Intelligence • Big Data • Healthtech • Machine Learning • Analytics • Biotech • Generative AI
Remote or Hybrid
4 Locations
3775 Employees

ServiceNow Logo ServiceNow

Digital Experience Lead

Artificial Intelligence • Cloud • HR Tech • Information Technology • Productivity • Software • Automation
Remote or Hybrid
Orlando, FL, USA
28000 Employees
6-6 Annually

ServiceNow Logo ServiceNow

Consultant

Artificial Intelligence • Cloud • HR Tech • Information Technology • Productivity • Software • Automation
Remote or Hybrid
Orlando, FL, USA
28000 Employees
192K-337K Annually

ServiceNow Logo ServiceNow

Manager, Digital Experience Strategy

Artificial Intelligence • Cloud • HR Tech • Information Technology • Productivity • Software • Automation
Remote or Hybrid
Orlando, FL, USA
28000 Employees
8-8 Annually

Similar Companies Hiring

Globe Life Thumbnail
Insurance • Financial Services
McKinney, TX
3000 Employees
MassMutual India Thumbnail
Insurance • Information Technology • Fintech • Financial Services • Big Data
Hyderabad, Telangana
Granted Thumbnail
Mobile • Insurance • Healthtech • Financial Services • Artificial Intelligence
New York, New York
23 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account