Senior Reinsurance Accounting
At a glance
Senior Accounting role at Starr. 399 Park Avenue-New York, NY · full-time · up to $120,000 base.
financeroles summary, based on the employer's posting.
What you'll do
- Maintain accounting records for facultative and treaty reinsurance, checking ceded premiums, losses, expenses, commissions and recoverables
- Investigate aging and reconciliation differences, then track recoverable balances and prepare facultative invoices with collection follow-up
- Help complete monthly, quarterly and year-end closes, account reconciliations and supporting records
- Review reinsurance contracts to determine accounting treatment and assist with audits, SOX, compliance and internal controls
- Improve and automate processes while coaching junior accountants and offshore colleagues
What you bring
- A bachelor’s degree in accounting, finance, business administration or a related area
- At least three years of accounting work, ideally involving insurance or reinsurance
- Advanced Excel capability, analytical judgment, careful work and experience with reporting and reconciliations
Who this fits
This senior role suits an accountant with reinsurance knowledge who can handle close, recoverables, billing and controls while guiding junior colleagues. A CPA or insurance designation is preferred.
From the employer
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.
Key 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 collection follow-up.
• 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.
Qualifications
Education: Bachelor's degree in Accounting, Finance, Business Administration, or related field.
CPA or insurance designation preferred.
Success Measures
Timely financial close, reduction of aged recoverables, accurate billing and collections, strong audit
compliance, and continuous process improvement.
Qualifications
Education: Bachelor's degree in Accounting, Finance, Business Administration, or related field.
CPA or insurance designation preferred.
Experience: 3+ years of accounting experience, preferably in insurance or reinsurance accounting.
Skills: Advanced Excel skills, strong analytical abilities, attention to detail, communication skills, and experience with financial reporting and reconciliations.
A salary for this position would be within a range up to $120,000.00
Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're 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.
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