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.
Responsibilities:
- Lead the booking, processing, validation, and analysis of Property and Casualty treaty reinsurance transactions, ensuring activity is completed accurately and within established timelines.
- Set up, maintain, and validate treaty agreements in reinsurance systems, including contract terms, sections, layers, participants, currencies, commissions, limits, retentions, and effective dates.
- Process and analyze treaty premium, commission, and loss activity; monitor attachment points, limits, reinstatements, aggregates, and other key contract provisions.
- Apply and document treaty allocation methodologies across legal entities, profit centers, underwriting units, and international operations to support consistent transaction processing.
- Research and resolve treaty processing issues, including contract setup, coding, data mapping, premium and loss allocation, attachment, recoverable, and bordereau discrepancies.
- Validate data flowing between underwriting, policy, claims, and reinsurance systems; identify exceptions and coordinate corrections with Operations, Underwriting, Claims, IT, and Actuarial teams.
- Partner with underwriting leaders and treaty stakeholders to interpret contract terms, confirm intended system treatment, and support accurate and timely processing.
- Develop and maintain processing controls, exception reports, and data-quality checks that improve the completeness and accuracy of treaty bookings.
- Prepare inception-to-date treaty experience exhibits and operational analyses to identify trends, unusual activity, missing data, and opportunities for corrective action.
- Respond to broker, reinsurer, underwriting, claims, and internal stakeholder inquiries by researching treaty terms, transaction history, and supporting data.
- Review potential treaty recoverables and processing exceptions, determine root causes, and recommend improvements to workflows, controls, and system functionality.
- Perform treaty coding and system setup for Property and Multinational business, including new placements, renewals, amendments, commutations, and changes in participation.
- Serve as a treaty reinsurance processing subject matter expert for system enhancements, data conversions, testing, automation, and strategic initiatives.
- Support management with operational analysis, backlog management, process documentation, special projects, and business initiatives as assigned.
Requirements:
- Bachelor’s degree in business, insurance, risk management, finance, or a related discipline; equivalent relevant experience will be considered.
- Minimum 10 years of insurance or reinsurance experience, including significant hands-on responsibility for treaty reinsurance booking, contract setup, transaction processing, and analysis.
- Strong knowledge of treaty reinsurance structures and terminology, including proportional and excess-of-loss contracts, layers, retentions, limits, commissions, reinstatements, aggregates, and participations.
- Extensive hands-on experience with reinsurance administration and processing systems; proficiency with RiPro or Sapiens Reinsurance is highly advantageous.
- Demonstrated ability to interpret treaty contract terms, translate them into system setup and processing requirements, resolve transaction discrepancies, and improve operational controls.
- Advanced analytical and problem-solving skills, with exceptional attention to detail and the ability to identify patterns, exceptions, and root causes within complex treaty data.
- Strong interpersonal and communication skills, including the ability to explain treaty terms, processing issues, and analytical findings to underwriting and operational stakeholders.
- Experience in URS, RiPro, FSRI or other structured reinsurance system preferred.
- Advanced proficiency in Microsoft Office Suite, especially Excel, for data analysis and presentation.
- Experience with data validation, operational reporting, system testing, and process improvement within a treaty reinsurance environment.
- CPCU and/or ARe professional designations preferred, but not required.
- Highly self-motivated, capable of managing multiple priorities independently, and delivering results in a fast-paced environment.
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 $110,00 - $145,000
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.
