Accounting Specialist

Brown & Brown; Minneapolis (MN); On-site; USD 52,000 - 65,000; Full time

Job summary

Brown & Brown in Minneapolis, MN seeks an Accounting Specialist to join our growing team. You will handle direct bill reconciliations for the Retail division and work with commissions, payments, and carrier partners.

The role emphasizes accuracy, use of AMS360 software, proficiency in Excel, and collaboration with profit centers to resolve billing issues while staying current with industry standards. This is a full-time position with potential for process improvements and professional growth.

Qualifications

• Working knowledge of financial accounting and state regulations where business is conducted.
• Proficient with Microsoft Windows, including Word, Excel, PowerPoint, Publisher; able to edit letters and spreadsheets.
• Proficient in Vertafore AMS360 products.
• Familiar with office equipment (copy machines, printers, etc.).
• 2+ years in accounts payable within the insurance industry.
• College degree in finance-related field preferred.

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

Skills

Financial accounting

Excel proficiency

Office suite (Word, PowerPoint, etc)

Attention to detail

Communication skills

Accounts payable experience

Industry knowledge (insurance)

Education

College Degree in finance-related field

Tools

AMS360

Job description

Brown & Brown is seeking an Accounting Specialist to join our growing team in Minneapolis, MN!

The Accounting Specialist is responsible for processing all phases of direct bill reconciliations for the offices within the Retail division in accordance with established company practices and timelines.

How You Will Contribute:

• 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

Skills & Experience to Be Successful:

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