What are the responsibilities and job description for the Cash Applications Specialist position at Bridge Specialty Group?
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 Cash Application Specialist to join our growing team in Garden City, NY.
Under the general supervision of the Accounts Receivable Team Lead, the Cash Application Specialist is responsible for ensuring accuracy while processing incoming payments, posting to the appropriate general ledger account and preparing all cash for deposit.
How You Will Contribute:
$30 - $30 Hourly
The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.
Teammate Benefits & Total Well-Being
We go beyond standard benefits, focusing on the total well-being of our teammates, including:
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”.
Brown & Brown is seeking a Cash Application Specialist to join our growing team in Garden City, NY.
Under the general supervision of the Accounts Receivable Team Lead, the Cash Application Specialist is responsible for ensuring accuracy while processing incoming payments, posting to the appropriate general ledger account and preparing all cash for deposit.
How You Will Contribute:
- Post all incoming checks, wires, and credit transactions for both accrual and cash-basis accounts.
- Process cash journal entries to various subsidiary liability, expense and revenue accounts.
- Reconcile cash accounts to ensure accurate balancing on a daily basis.
- Monitor status of unapplied cash and support documentation to ensure prompt cash application.
- Responsible for sending payment reminders and collection letters to brokers to avoid cancellation. Analyze reports to evaluate payment status on cancelled policies and request reinstatement when applicable.
- Frequently coordinate and correspond with other internal departments.
- Correspond with Brokers, Carriers, Finance Companies and Insureds via phone, mail and email to respond to questions, investigate and resolve issues not limited to balance inquiries, payment status, refund requests, and reinstatement and follow up on outstanding items.
- Ensure all correspondence and requests are documented and attached to the appropriate file in the appropriate systems.
- Minimum education required High School Diploma or GED.
- Proficient with MS Office Suite
- Exceptional telephone demeanor
- Ability to maintain a high level of confidentiality
- 1 - 2 years experience in a similar position
- Associate’s or Bachelor’s degree in an insurance or accounting related discipline (preferred)
- Experience with accounting (preferred)
$30 - $30 Hourly
The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.
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.
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”.
Salary : $30