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.