Direct Bill Analyst

Brown & Brown; Daytona Beach (FL); On-site; USD 55,000 - 75,000; Full time

Job summary

Brown & Brown in Daytona Beach is seeking a Direct Bill Analyst to join our growing team. The role involves processing all phases of direct bill reconciliations for the Retail division in line with company practices and timelines.

You will collect and reconcile carrier commissions, identify unearned commissions, and resolve open items while leveraging software automation. The position requires a finance-related degree and AP experience in insurance.

Qualifications

• Finance-related degree preferred.
• Knowledge of financial accounting and state regulations.
• Proficient in Microsoft Office (Excel, Word, PowerPoint).
• 2+ years of accounts payable experience in the insurance industry.

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

Windows proficiency

Excel/PowerPoint/Word

Vertafore AMS360

AP in insurance industry

Education

College degree in finance

Tools

AMS360

Job description

Brown & Brown is seeking a Direct Bill Analyst to join our growing team in Daytona Beach!

The Direct Bill Analyst 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:

• College Degree in a finance-related field.(preferred)
• 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.