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Starr Companiesposted 3 months ago
Mid Level
New York, NY
Insurance Carriers and Related Activities
Resume Match Score

About the position

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.

Responsibilities

  • Managing assigned Multinational accounts working closely with Underwriters to ensure the best possible structuring of Multinational Programs.
  • Understanding how Multinational Network operates regarding territorial coverage.
  • Ensuring appropriate premium allocations and tax calculations.
  • Liaison with the Multinational Network to ensure local policy issuance.
  • Managing service levels/standards to ensure policies are issued on time.
  • Preparing Multinational Proposals and Binders.
  • Understanding basics of Reinsurance Agreements required for all Programs.
  • Oversight of premium payment and reconciliation at the Producing Office level.
  • Liaison with Network Aggregator / RI Accounting to ensure RI Panel & Captive payments.
  • Oversight of claims and claims reporting.
  • Ensuring adherence to local regulations, retentions, tariffs, reinsurance flows and tax calculations for each assigned account.
  • Working with local offices to ensure local policy issuance, premium collection, remittance and claims notifications.
  • Clear communication with Brokers at both the Producing Office level and local level to ensure consistency in instructions and problem resolution.
  • Support the SGS project team and provide expert guidance and direction on process design, IT enhancements and financial management.

Requirements

  • Minimum 5 years' experience in Multinational Program business, or related area.
  • Understanding of financial management and Reinsurance structures.
  • Understanding of currency and exchange rates.
  • Liaison with multiple countries around the world and strong cultural awareness.

Nice-to-haves

  • Additional language a benefit but not essential.

Benefits

  • First class training and development opportunities for all employees.
  • Commitment to creating an inclusive environment for all employees.

Job Keywords

Hard Skills
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  • Business Development
  • Financial Management
  • Project Integration
  • Service Management
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Soft Skills
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