Premium Accounting Specialist

Brown & Brown, Inc.

Tampa (FL)

On-site

USD 45,000 - 65,000

Full time

2 days ago
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Benefits offered by this job

Health Benefits: Medical/Rx, Dental, V
Financial Benefits: ESPP; 401k;Student

Job summary

Brown & Brown, Inc. in Tampa, FL is seeking a Premium Accounting Specialist to support premium accounting activities and ensure accurate cash flow. You will reconcile A/P, manage collections, and coordinate with underwriting and operations to maintain efficient workflows.

Strong attention to detail and Excel proficiency are essential. The role requires a high school diploma or GED and 1–3 years of related experience; insurance background is a plus.

Qualifications

  • High school diploma or general education degree (GED); or 1 - 3 years 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 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 Teams, Outlook, Word, and Excel.
  • Preferred: Insurance background.

Responsibilities

  • 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 and ensure accurate cash application of incoming payments.
  • Assist with month-end close activities, including journal entries and account reconciliations/maintenance.
  • Escalate issues, trends, or control concerns to leadership when identified.
  • Collaborate with Underwriting and Operations to ensure efficient workflows.

Skills

Analytical skills
Written and verbal communication
Attention to detail
Team collaboration

Education

High school diploma or GED

Tools

Excel
Microsoft Office Suite

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. 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
  • 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.

We are an Equal Opportunity Employer and 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”. We think of ourselves as a team, so we have teammates—not employees.

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Founded in 1939 as a small, two-partner firm, Brown & Brown (NYSE: BRO) and our team of companies have grown into one of the world’s largest insurance brokerages while staying true to our foundation of trust, resilience, and delivering results. With a team that is as connected locally as it is globally, our high‑performing, highly collaborative team delivers innovative risk and insurance solutions. We look for individuals who embrace our culture, thrive in a collaborative environment, are driven to grow and succeed, and are committed to always doing what is right. With a unique culture built on integrity, superior capabilities and grit, we value teamwork, trust and courage. We think of ourselves as a team, so we have teammates—not employees, and leaders—not managers. Everything we do is about the greater “WE”—never “me.”While diverse in abilities and experience, we are all connected through our core values, a commitment to our local communities and a shared mission—always doing what is best for our customers.

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