Premium Accounting Specialist

Posted Yesterday
Be an Early Applicant
Tampa, FL, USA
In-Office
Junior
Insurance
The Role
Manages insurance premium accounting transactions, accounts receivable, collections, cash application, reconciliations, refunds, commissions, taxes, and billing inquiries. Supports month-end close, journal entries, audits, reporting, process improvements, and regulatory compliance while collaborating with underwriting, operations, insureds, agents, and collection agencies.
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.

Brown & Brown is seeking a Premium Accounting Specialist to join our growing team in Tampa, Florida!


The Premium Accounting Specialist role is responsible for supporting the Functional  Leader in execution of all transactions related to Premium Accounting. Teammates within this role will be responsible for managing and reconciling insurance premium transactions to ensure accurate financial reporting and smooth cash flow. The role manages the end to end accounts receivable and collections process, ensuring timely premium payments, accurate cash application, and exceptional service to internal and external stakeholders.

This role serves as the link between policy administration, billing, and other finance teams. The role will be required to research inquiries and meet processing deadlines with accuracy and timeliness. 

How You Will Contribute: 

  • Reconcile, maintain, and analyze Accounts Payables (A/P), including suspense accounts and aging reports.
  • Manage outstanding account balance communication and follow up via phone, email, and letters.
  • Partner with outside collection agencies on unresolved balances.
  • Communicate with insured, agents, and internal departments to resolve premium or billing issues.
  • Manage and update clear customer records .
  • Ensure accurate cash application of incoming payments to customer accounts and investigate discrepancies.
  • Resolve cash application activities such as payment exceptions, unapplied cash issues, and returned payments.
  • Issue and reconcile premiums payments, broker commission, state taxes, and credit refunds.
  • Handle reissues, voids, stop payments, positive pay, and escheatments.
  • Utilize Excel and financial systems to analyze data and support reconciliation and reporting activities.
  • Support month-end close activities, including journal entries and account reconciliations/maintenance.
  • Support departmental projects including system updates, process improvements, and migrations.
  • Assist with internal and external audit requests.
  • Escalate issues, trends, or control concerns to leadership when identified.
  • Ensure company policies, audit requirements, and regulatory guidelines are followed.
  • Collaborate with Underwriting and Operations to ensure efficient workflows and maintain process documentation.
  • Serve as backup support to team members.

Skills & Experience to be Successful: 


  • High school diploma or general education degree (GED); or 1 - 3 years of experience of related experience and/or training.
  • Strong analytical skills, with accuracy and attention to detail.
  • ·Strong written and verbal communication skills.
  • Ability to multi-task and prioritize a diverse portfolio of tasks while still consistently meeting deadlines.
  • Excellent interpersonal skills and ability to work independently and as part of a team in a dynamic environment.
  • Ability to investigate and resolve financial discrepancies.
  • Proficient knowledge in Microsoft Office Suite, including but not limited to, Teams, Outlook, Word, and Excel.

Preferred:

  • Insurance background.

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.


Recruiting Vendor Disclosure Statement

Brown & Brown does not accept unsolicited resumes from external recruiters, recruitment vendors or employment agencies ("Recruiting Vendors"). Recruiting Vendors must have a valid written agreement and received prior written authorization from an authorized Brown & Brown representative before submitting candidates for any publicly posted role. Any unsolicited resumes submitted to Brown & Brown or its employees become the property of Brown & Brown, and no fees will be paid for such submissions. Additional information regarding this policy can be found on our careers page.

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”. 

Skills Required

  • High school diploma or GED
  • 1 to 3 years of related experience and/or training
  • Strong analytical skills and attention to detail
  • Strong written and verbal communication skills
  • Ability to multitask, prioritize tasks, and meet deadlines
  • Excellent interpersonal skills and ability to work independently and collaboratively
  • Ability to investigate and resolve financial discrepancies
  • Proficiency in Microsoft Office Suite, including Teams, Outlook, Word, and Excel
  • Insurance background

Brown & Brown Insurance Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Brown & Brown Insurance and has not been reviewed or approved by Brown & Brown Insurance.

  • Healthcare Strength — Healthcare offerings are broad, spanning medical/Rx, dental, vision, life, disability, and added programs alongside Lyra access with up to eight no‑cost coaching or therapy sessions for teammates and covered dependents. Breadth extends to fertility/adoption solutions, second‑opinion services, diabetes care, and Medicare advocacy.
  • Retirement Support — The 401(k) program includes an employer match up to 4% (100% of the first 3% plus 50% of the next 2%) with immediate vesting. Savings support is positioned as a core element of the total‑rewards package.
  • Equity Value & Accessibility — An Employee Stock Purchase Plan is available, and the company emphasizes an ownership mindset with a large share of teammates as shareholders. This creates accessible equity participation alongside retirement savings.

Brown & Brown Insurance Insights

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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.

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