What are the responsibilities and job description for the Financial Analyst position at Starr Companies?
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.
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.
Starr Insurance is seeking a highly skilled and experienced Senior Accountant to join our dynamic finance team. The ideal candidate will have a strong background in accounting within the insurance industry, with a particular focus on commercial property and casualty insurance. This role requires a minimum of 7 years of relevant experience. Workday system usage and a CPA designation are preferred.
Key Responsibilities:
Financial Reporting:
- Prepare and review monthly, quarterly, and annual financial statements.
- Ensure accuracy and compliance with GAAP and company policies.
- Analyze financial data and provide insights to management.
Regulatory Reporting:
- Prepare and submit regulatory reports in compliance with state requirements.
- Stay updated on changes in regulatory requirements and ensure timely implementation.
General Accounting Duties:
- Manage the general ledger and ensure all transactions are recorded accurately.
- Perform account reconciliations and resolve discrepancies.
- Oversee accounts payable and receivable processes.
- Assist in the preparation of budgets and forecasts.
Audit and Compliance:
- Coordinate with internal and external auditors during audits.
- Ensure compliance with internal controls and company policies.
- Implement and maintain effective accounting policies and procedures.
Team Collaboration:
- Work closely with other departments to ensure accurate financial reporting.
- Provide mentorship and guidance to junior accounting staff.
- Participate in cross-functional projects and initiatives.
Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field.
- CPA designation preferred.
- Minimum of 7 years of accounting experience, preferably in the insurance industry.
- Proficiency in using the Workday system is preferred.
- Strong knowledge of GAAP and regulatory reporting requirements.
- Excellent analytical, problem-solving, and organizational skills.
- Strong attention to detail and accuracy.
- Ability to work independently and as part of a team.
- Excellent communication and interpersonal skills.
For individuals assigned and/or hired to work in New York, Starr Insurance Companies is required by law to include a reasonable estimate of the compensation range for this role. The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets: experience and training: licensure and certifications: and other business and organizational needs. A reasonable estimate of the current range is $125,000-$150,000
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.
Salary : $125,000 - $150,000
