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Finance and Settlement Analyst

Starr Insurance
Posted 2 months ago, valid for 11 days
Location

New York, NY, US

Salary

$60,000 - $70,000 per year

Contract type

Full Time

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Sonic Summary

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  • Join Starr, a global leader in commercial insurance with over a century of expertise, as a Policy and Settlement Analyst.
  • The role requires a Bachelor's degree in Insurance, Risk Management, Business, or a related field and a minimum of 2 years of experience in insurance policy analysis or a similar role.
  • Key responsibilities include creating monthly settlements, booking transactions, researching discrepancies, and assisting with audits.
  • The position offers a competitive salary of $70,000 to $85,000 per year, depending on experience.
  • Starr is committed to fostering an inclusive environment and provides excellent training and development opportunities for its employees.

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.

Starr Insurance Companies is a global leader in providing innovative and comprehensive insurance solutions. With a commitment to excellence, we continuously strive to protect and empower our clients through tailored insurance products and services. As we expand our team, we are seeking a dynamic and detail-oriented Policy and Settlement Analyst to contribute to our commitment to excellence in the insurance industry.

Responsibilities:

  • Create monthly settlement of profit center transactions.
  • Booking of exception transactions into our partner booking system.
  • Research discrepancies identified by collections and offer possible solutions.
  • Assist with audits by gathering pertinent documents and answering any follow up auditor questions.

Qualifications

  • Bachelor's degree in Insurance, Risk Management, Business, or a related field.
  • Strong Analytical Skills with the ability to problem solve
  • Excellent communication skills, both written and verbal.
  • Proficiency in using data analysis tools and software.

Preferred:

  • Proven experience in insurance policy analysis or a similar role within the insurance industry.
  • Strong analytical skills with the ability to observe when numbers are not where they should be

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 considers 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 $60,000 - $70,000

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.




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