Starr Insurance Companies
Credit Administrative Analyst
Starr Insurance Companies, New York, New York, us, 10261
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.
Job Description
Obtain and review monthly trust statements from Banks and TPA Services to determine collateral adequacyCoordinate with Credit and Underwriting to ensure required legal agreements received and reflect approved credit terms.Assist in finalizing legal agreements including changes to legal documentationOversee DocuSign process for required legal agreementsEnsure compliance and reconciliation of required collateralAssist in ensuring compliance with Credit Policy GuidelinesMaintaining and reviewing cash applications and withdraws of collateral to the correct general ledger accounts and accounting periods, contracts.Assist in ensuring compliance with Credit Policy GuidelinesQualifications & Requirements
Bachelor's degree in Finance, Economics or other related field, or relevant work experience0 to 3 years of proven Insurance related credit experience with emphasis on policies and proceduresAnalytical and organizational skills preferredStrong communication and interpersonal skillsAbility to multi task
Proficient in Excel
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.
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.
Job Description
Obtain and review monthly trust statements from Banks and TPA Services to determine collateral adequacyCoordinate with Credit and Underwriting to ensure required legal agreements received and reflect approved credit terms.Assist in finalizing legal agreements including changes to legal documentationOversee DocuSign process for required legal agreementsEnsure compliance and reconciliation of required collateralAssist in ensuring compliance with Credit Policy GuidelinesMaintaining and reviewing cash applications and withdraws of collateral to the correct general ledger accounts and accounting periods, contracts.Assist in ensuring compliance with Credit Policy GuidelinesQualifications & Requirements
Bachelor's degree in Finance, Economics or other related field, or relevant work experience0 to 3 years of proven Insurance related credit experience with emphasis on policies and proceduresAnalytical and organizational skills preferredStrong communication and interpersonal skillsAbility to multi task
Proficient in Excel
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.