Senior Reinsurance Accounting
About The Position
Starr is seeking a Senior Reinsurance Accounting professional to prepare and maintain accounting records for facultative and treaty business. The role supports financial close, reconciliations, billing and collections, recoverables monitoring, audits, compliance, SOX, and internal controls. It also reviews reinsurance contracts for appropriate accounting treatment and leads process improvement and automation initiatives. The position includes training and mentoring junior accountants and offshore resources. Success is measured by timely financial close, reduced aged recoverables, accurate billing and collections, strong audit compliance, and continuous process improvement. Starr describes its culture as entrepreneurial, with accessible leaders, opportunities to make impactful decisions, and training and development opportunities for employees.
Requirements
- Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
- At least 3 years of accounting experience.
- Advanced Excel skills.
- Strong analytical abilities and attention to detail.
- Communication skills.
- Experience with financial reporting and reconciliations.
Nice To Haves
- CPA or insurance designation.
- Experience in insurance or reinsurance accounting.
Responsibilities
- Prepare and maintain reinsurance accounting records for facultative and treaty business.
- Review and reconcile ceded premium, loss, LAE, commission, and recoverable balances.
- Analyze aged balances and resolve reconciling items.
- Support monthly, quarterly, and annual close processes.
- Monitor recoverables and aging reports.
- Prepare and submit facultative billings and follow up on collections.
- Perform account reconciliations and maintain supporting documentation.
- Support audits, compliance, SOX, and internal controls.
- Review reinsurance contracts and ensure proper accounting treatment.
- Lead process improvements and automation initiatives.
- Train and mentor junior accountants and offshore resources.
Benefits
- First-class training and development opportunities.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
