Senior Reinsurance Accountant

Starr Companies - New York, NY

Full-time - Mid Level

New York, NY

Insurance Carriers and Related Activities

About the position

Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world. Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world's fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.

Responsibilities

• Preparation of Starr Global Solutions (SGS) Multinational (MN) reinsurance accounts
• Reconciliations between multiple offices of ceded and assumed facultative reinsurance transactions
• Handle settlements and cash application in the subledger and general ledger for SGS MN accounts
• Set-up new vendor bank account in Core Integrator
• Submit Cash Calls
• Foreign currency and exchange rate gains or losses
• Cash flow projections
• Collaborate with management to resolve complex billing issues and/or conflicts that may prevent payment of premiums or losses
• Prepare required financial, regulatory and management reports
• Participate in process development and improvement projects
• Collaborate with Management to confirm accuracy of financial transactions
• Work collaboratively with various financial area across Starr in establishing processes, booking flows and accuracy completeness

Requirements

• 3-7 years of ceded and assumed reinsurance experience with multinational and foreign exchange a plus
• Good communication skills
• Must work well with Brokers, coworkers and worldwide offices
• Advanced knowledge of Microsoft Office products, especially Excel, required
• Strong written and verbal communication skills
• Strong collaboration skills with an emphasis on teamwork
• Self-starter who is able to work both independently and in a team setting
• Ability to multi-task, meet deadlines and prioritize workload

Benefits

• First class training and development opportunities
• Commitment to creating an inclusive environment for all employees