Senior Financial Analyst-USA-EX
About the role
Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.
The Sr Financial Analyst will serve as a key strategic advisor to several business units within the Casualty business unit. They will provide support that includes forward-looking financial analysis, influencing decision-making, and shaping the financial direction of the business. The role plays a central role in tracking and communicating actual financial performance, financial planning and forecasting, and performance optimization. Our preference is for this position to be located in our New York or Chicago offices.
Responsibilities
- Direct and develop financial analysis, insights, planning, and forecasting
- Utilize Power BI and other tools to develop a balanced scorecard of KPIs for measuring and improving BU performance
- Ensure the integrity of accounting records and financial management reports and manage the BUs Internal Control Framework activities
- Identify, develop, and expand business opportunities and long-term strategic relationships
- Prepare and manage business and performance reviews from the Finance perspective on behalf of the Casualty Business Unit
- Provide business insight and recommended actions to address Plan gaps
- Assist in the development and lead the process for annual financial plans, including reserve analyses, direct expense budgets, and SSU service levels and allocations
- Work with management and executives on a daily basis
Qualifications
- Excellent finance and accounting skills with a command of insurance financial statements (i.e., income, balance sheet, and cash flow) and financial and risk-adjusted return metrics
- Preference for strong understanding of U.S. Statutory Financial Accounting, U.S. GAAP, and reporting standards
- Commercial Insurance experience
- Strong relationship-building skills at all levels with demonstrated ability to influence and engage stakeholders
- Knowledge of business models, objectives, financial metrics, etc. used in decision-making; ability to build sound business cases to support innovative initiatives
- Solid understanding of insurance business models and the company’s market and business environment and how it impacts business decisions
- Ability to identify improvement needs and drive improvements
- Insurance industry experience
- Detail-oriented, strong prioritization, and organizational skills
- Strong verbal and written communication skills
- Advanced degree in finance, economics, or equivalent
- CPA, a plus
Benefits
Starr is committed to creating an inclusive environment for all employees. We offer first-class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.