Junior Reinsurance Accountant

Starr Insurance•New York, NY
•$60,000 - $70,000

About The Position

The Junior Facultative Reinsurance Accountant supports the administration, accounting, reporting, billing, collection, and reconciliation of facultative reinsurance transactions. The role works with Claims, Underwriting, Brokers, Reinsurers, Finance, and Reinsurance Accounting Management to ensure accurate ceded reinsurance recoverables, timely collections, and compliance with facultative reinsurance agreements.

Requirements

  • 0–3 years of accounting, insurance, reinsurance, or finance experience.
  • Strong Excel and analytical skills.
  • Excellent communication and organizational skills.

Nice To Haves

  • Bachelor’s degree in Accounting, Finance, Business, Insurance, or a related field preferred.

Responsibilities

  • Prepare and issue facultative reinsurance billings and collection requests.
  • Review facultative certificates, slips, binders, and contract documentation.
  • Analyze claims activity and calculate ceded recoverables.
  • Monitor outstanding balances and follow up on collections.
  • Investigate accounting discrepancies and cession errors.
  • Research and resolve unapplied cash transactions.
  • Maintain supporting documentation and claim files.
  • Support month-end close, audits, and management reporting.
  • Coordinate with Claims, Underwriting, Brokers, and Reinsurers.

Benefits

  • First-class training and development opportunities.
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