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Deposit Specialist Jobs (NOW HIRING)

Brown & Brown, Inc.

Deposit Specialist

Minneapolis, MN · On-site

$17 - $20/hr

The Deposit 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 ...

1st Security Bank

Commercial Deposit Specialist

Tacoma, WA · On-site

$22 - $35/hr

The Commercial Deposit Specialist will report to the Assistant Commercial Deposit Manager (ACDM) then to the Commercial Deposit Manager, as applicable. In this position the CDS will be responsible ...

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Anstaff Bank

Deposit Specialist

Berryville, AR · On-site

Handle deposits, withdrawals, transfers, cashed checks, loan payments, money orders, credit card advances, and other transactional needs. * Balance and maintain cash drawer. * Buy and sell currency ...

Anstaff Bank

Deposit Specialist

Berryville, AR · On-site

Handle deposits, withdrawals, transfers, cashed checks, loan payments, money orders, credit card advances, and other transactional needs. * Balance and maintain cash drawer. * Buy and sell currency ...

Anstaff Bank

Deposit Specialist

Green Forest, AR · On-site

Handle deposits, withdrawals, transfers, cashed checks, loan payments, money orders, credit card advances, and other transactional needs. * Balance and maintain cash drawer. * Buy and sell currency ...

Anstaff Bank

Deposit Specialist

Green Forest, AR · On-site

Handle deposits, withdrawals, transfers, cashed checks, loan payments, money orders, credit card advances, and other transactional needs. * Balance and maintain cash drawer. * Buy and sell currency ...

1st Security Bank

Commercial Deposit Specialist

Tacoma, WA · On-site

$22 - $35/hr

The Commercial Deposit Specialist will report to the Assistant Commercial Deposit Manager (ACDM) then to the Commercial Deposit Manager, as applicable. In this position the CDS will be responsible ...

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Deposit Specialist information

What is a deposit specialist?

Deposit Specialists are financial professionals who handle the processing, verification, and management of deposits in banks or financial institutions. Their responsibilities often include ensuring the accuracy of deposit transactions, reconciling accounts, and providing customer support regarding deposit-related inquiries. They play a crucial role in maintaining accurate financial records and supporting the daily operations of their organization. Strong attention to detail and knowledge of banking regulations are essential for this role.

What are the key skills and qualifications needed to thrive as a deposit specialist, and why are they important?

To thrive as a Deposit Specialist, you need a solid understanding of banking operations, attention to detail, and familiarity with deposit products, often supported by experience in financial services or a related degree. Proficiency with core banking systems, financial software, and compliance protocols is typically required. Strong customer service, problem-solving abilities, and effective communication skills set top performers apart. These capabilities ensure accurate processing, regulatory compliance, and positive client experiences in a financial institution.

What are some common challenges deposit specialists face when managing high-volume transactions, and how can they overcome them?

Deposit Specialists often handle a large number of transactions daily, which can lead to challenges such as maintaining accuracy under pressure and meeting tight deadlines. To overcome these, it's important to develop strong attention to detail, use organizational tools, and stay updated on bank policies and compliance regulations. Collaborating closely with team members and utilizing banking software efficiently can also help manage workload and reduce errors. Proactive communication with clients and internal departments further ensures smooth processing and resolution of any discrepancies.

What is the difference between Deposit Specialist vs Teller?

AspectDeposit SpecialistTeller
Primary RoleHandles deposit transactions, account inquiries, and customer service related to depositsPerforms cash transactions, deposits, withdrawals, and basic customer service at the bank counter
CredentialsTypically requires high school diploma or equivalent; banking certifications are a plusHigh school diploma or equivalent; banking experience may be preferred
Work EnvironmentBank branches, customer service desksBank tellers work at teller stations within branches
Industry UsageCommonly used in retail banking roles focused on deposit processingStandard role in retail banking for handling daily cash transactions

While both Deposit Specialists and Tellers work in banking environments handling customer transactions, Deposit Specialists often focus more on deposit account management and customer inquiries, whereas Tellers primarily handle cash transactions and basic banking services. The roles overlap in customer service and banking procedures, but Deposit Specialists may have more specialized knowledge related to deposit products.

More about Deposit Specialist jobs

What cities are hiring for Deposit Specialist jobs?

Cities with the most Deposit Specialist job openings:

What states have the most Deposit Specialist jobs?

States with the most job openings for Deposit Specialist jobs include:

What job categories do people searching Deposit Specialist jobs look for?

The top searched job categories for Deposit Specialist jobs are:

Deposit Specialist jobs near you
Infographic showing various Deposit Specialist job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 14% Part Time, and 2% Contract. Highlights an 85% Physical, 2% Hybrid, and 13% Remote job distribution.

Deposit Specialist

Brown & Brown Insurance

Minneapolis, MN • On-site

$17 - $20/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 9 days ago

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 Deposit Specialist to join our growing team in Minneapolis, MN!

The Deposit 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.

Pay Range

$17.00 - $20.00 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.

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".

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