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Reinsurance Analyst

2 months ago

New York, New York, United States Starr Companies Full time

Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.

Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world's fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.

Job Discripiton/Function:

  • Understand reinsurance structures of Starr offices worldwide and set up the treaty contracts in the company's reinsurance system ReinsurancePro (formerly URS)
  • Maintain the intermediary and carrier tables in ReinsurancePro, work with the Security Department on tables' updates
  • Assist local comptrollers of Starr Companies worldwide with inquiries pertaining to contract coding and ceded results
  • Become familiar with local regulations and how they are applied when setting up reinsurance treaties in Reinsurance Pro
  • Will take an active role in testing of Reinsurance Pro enhancements

Interact with Reinsurance accounting, Operations, Legal and IT Departments to ensure efficient treaty processing

Skills/Experience Required:

  • College degree.
  • 4-6 years of experience
  • Working knowledge of Treaty and Facultative reinsurance
  • Experienced understanding of basics of Treaty contracts clauses
  • Proficient in MS OfficeWord/Excel/Powrpoint/Access software. Experience with Reinsurance Pro (fka URS) software desirable but not required
  • Strong interpersonal skills
  • Basic understanding of reinsurance accounting
  • ARe or CPCU accreditation a plus but not required.

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.