Senior Reinsurance Analyst

Starr Insurance•New York, NY

1d•$110,000 - $145,000

About The Position

The Senior Reinsurance Analyst leads the processing, validation, and analysis of Property and Casualty treaty reinsurance transactions. The role maintains treaty agreements in reinsurance systems, processes treaty premium, commission, and loss activity, and supports accurate transaction allocation across legal entities, profit centers, underwriting units, and international operations. The analyst researches and resolves treaty processing and data issues, validates information flowing among underwriting, policy, claims, and reinsurance systems, and works with internal teams and treaty stakeholders to interpret contract terms and ensure appropriate system treatment. The role also develops operational controls and analyses, responds to stakeholder inquiries, reviews potential recoverables and exceptions, and contributes subject matter expertise to system enhancements, testing, data conversions, automation, and other initiatives.

Requirements

Bachelor’s degree in business, insurance, risk management, finance, or a related discipline; equivalent relevant experience will be considered.
Minimum 10 years of insurance or reinsurance experience, including significant hands-on responsibility for treaty reinsurance booking, contract setup, transaction processing, and analysis.
Strong knowledge of treaty reinsurance structures and terminology, including proportional and excess-of-loss contracts, layers, retentions, limits, commissions, reinstatements, aggregates, and participations.
Extensive hands-on experience with reinsurance administration and processing systems.
Ability to interpret treaty contract terms, translate them into system setup and processing requirements, resolve transaction discrepancies, and improve operational controls.
Advanced analytical and problem-solving skills, exceptional attention to detail, and ability to identify patterns, exceptions, and root causes within complex treaty data.
Strong interpersonal and communication skills, including ability to explain treaty terms, processing issues, and analytical findings to underwriting and operational stakeholders.
Advanced proficiency in Microsoft Office Suite, especially Excel, for data analysis and presentation.
Experience with data validation, operational reporting, system testing, and process improvement within a treaty reinsurance environment.
Highly self-motivated, able to manage multiple priorities independently, and able to deliver results in a fast-paced environment.

Nice To Haves

Proficiency with RiPro or Sapiens Reinsurance is highly advantageous.
Experience in URS, RiPro, FSRI, or another structured reinsurance system.
CPCU and/or ARe professional designations; preferred but not required.

Responsibilities

Lead the booking, processing, validation, and analysis of Property and Casualty treaty reinsurance transactions, ensuring accuracy and timely completion.
Set up, maintain, and validate treaty agreements in reinsurance systems, including contract terms, sections, layers, participants, currencies, commissions, limits, retentions, and effective dates.
Process and analyze treaty premium, commission, and loss activity; monitor attachment points, limits, reinstatements, aggregates, and other contract provisions.
Apply and document treaty allocation methodologies across legal entities, profit centers, underwriting units, and international operations.
Research and resolve treaty processing issues, including contract setup, coding, data mapping, premium and loss allocation, attachment, recoverable, and bordereau discrepancies.
Validate data flowing between underwriting, policy, claims, and reinsurance systems; identify exceptions and coordinate corrections with Operations, Underwriting, Claims, IT, and Actuarial teams.
Partner with underwriting leaders and treaty stakeholders to interpret contract terms, confirm intended system treatment, and support accurate, timely processing.
Develop and maintain processing controls, exception reports, and data-quality checks to improve the completeness and accuracy of treaty bookings.
Prepare inception-to-date treaty experience exhibits and operational analyses to identify trends, unusual activity, missing data, and opportunities for corrective action.
Respond to broker, reinsurer, underwriting, claims, and internal stakeholder inquiries by researching treaty terms, transaction history, and supporting data.
Review potential treaty recoverables and processing exceptions, determine root causes, and recommend improvements to workflows, controls, and system functionality.
Perform treaty coding and system setup for Property and Multinational business, including new placements, renewals, amendments, commutations, and changes in participation.
Serve as a treaty reinsurance processing subject matter expert for system enhancements, data conversions, testing, automation, and strategic initiatives.
Support management with operational analysis, backlog management, process documentation, special projects, and business initiatives as assigned.