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Senior Financial Analyst

Starr Insurance
New York, NY Full Time
POSTED ON 12/23/2024 CLOSED ON 1/30/2025

What are the responsibilities and job description for the Senior Financial Analyst position at Starr Insurance?

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.

Overview of this position:

  • We are looking for a forward thinker and a problem solver. Insurance and reinsurance knowledge is needed. Accounting knowledge is a plus for the position. Strong analytical and financial modeling skills are credentials required for this position.

Responsibilities:

  • Assist and support the team of Financial Analysts, reporting to the Assistant Controller
  • Assist in design, development, and production of reports: P&L, Expenses, Losses, Premium/Commission/Earnings, Budget/Forecast, T&E, and Ad-Hoc reporting
  • Support multiple profit centers financial reporting, including but not limited to the following: Production, Budgeting, Forecasting, Quarter-Close, and Expenses
  • Communicate financial results in a clear and concise manner
  • Analyze and challenge gross & ceded reinsurance financials for accuracy (FAC, QS, XOL)
  • Reconcile, analyze and model financial impacts to P&L, Balance Sheet and Cash Flow
  • Work with cross-functional departments, including but not limited to the following: Underwriting, Claims, Reinsurance, Operations, IT and HR, to drive issue resolution

Requirements:

  • Bachelor’s degree in accounting/finance with at least 5 years of experience
  • Experience working in P&C Insurance preferred
  • Strong analytical and critical thinking skills
  • Strong budgeting, forecasting, and accounting skills
  • Strong interpersonal & communication skills
  • Dynamic personality with strong multi-task and problem-solving skills

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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