Jobs · Accounting · New York

Junior Reinsurance Accountant-USA-NE

Starr · New York, NY · 3 wk ago
AccountingFull-time

About the role

We are seeking a Junior Reinsurance Accountant to support our Facultative Premium handling, processing reinsurance accounts, assisting in monitoring and recording of incoming cash as well as performing reporting and reconciliation activities.

Responsibilities

  • Support the Facultative Premium handling and processing of reinsurance accounts.
  • Assist in monitoring and recording of incoming cash.
  • Perform reporting and reconciliation activities.
  • Support the leading/overseeing the work performed by our processing unit/center for the clients/accounts and/or processes assigned.
  • Provide guidance on reinsurance accounting matters as well as authorize and/or escalate financial transactions and/or payments as per authority matrix.
  • Escalate issues to management and/or senior management.
  • Handle internal/external client relationships as per assignments.
  • Steer processing units/centers to assure achievement of operational and financial targets.
  • Perform Reinsurance Accounting operational duties as needed/required.

Requirements

Preferred candidates should have:

  • A bachelor's degree in Accounting, Finance, or a related field.
  • Experience in reinsurance accounting or similar financial roles.
  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal skills.
  • Proficiency in Microsoft Office Suite.
  • Knowledge of reinsurance accounting standards and regulations.

Qualifications

Candidates must meet the following qualifications:

  • Highly motivated and proactive individual with a strong work ethic.
  • Ability to manage multiple tasks and priorities effectively.
  • Strong attention to detail and accuracy in financial data.
  • Self-starter with the ability to work independently and as part of a team.
  • Ability to handle confidential information with discretion.

Skills

The ideal candidate should possess the following skills:

  • Advanced Excel skills, including pivot tables and VLOOKUP functions.
  • Experience with SAP or similar financial systems.
  • Knowledge of reinsurance contracts and agreements.
  • Strong understanding of GAAP and IFRS principles.
  • Experience with financial modeling and forecasting.

Benefits

At Starr, we offer:

  • Competitive compensation package including base salary and performance-based bonuses.
  • Health, dental, and vision insurance plans.
  • Paid time off and holidays.
  • Flexible work arrangements.
  • Professional development opportunities.
  • Employee resource groups and diversity initiatives.

Pay

Salary range for this position is $50,000 - $70,000 annually, commensurate with experience.

Schedule

This is a full-time position with standard business hours.

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