Finance and Settlement Analyst

Posted Yesterday
Parkside, New York, NY, USA
In-Office
Entry level
Insurance
The Role
Prepare monthly profit center settlements, book exception transactions, research collections discrepancies and propose solutions, and support audits by gathering documents and answering auditor questions.
Summary Generated by Built In

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,

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.

Skills Required

  • Bachelor's degree in Insurance, Risk Management, Business, or a related field
  • Strong analytical skills with the ability to problem solve
  • Excellent written and verbal communication skills
  • Proficiency in using data analysis tools and software
  • Proven experience in insurance policy analysis or a similar insurance role
  • Ability to spot when numbers are not where they should be (attention to detail)

Starr Insurance Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Starr Insurance and has not been reviewed or approved by Starr Insurance.

  • Healthcare Strength Health coverage is frequently characterized as excellent, with comprehensive medical, dental, and vision options supported by wellness tools and an EAP. Feedback suggests additional voluntary protections (critical illness, accident, hospital indemnity) broaden overall healthcare security.
  • Retirement Support Retirement offerings include both a 401(k) and a defined‑benefit pension, which is often highlighted as a standout feature. Profit sharing is also referenced as part of the broader financial benefits mix.
  • Strong & Reliable Incentives Top performers in underwriting are described as receiving excellent pay with good bonuses and clear advancement opportunities.

Starr Insurance Insights

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The Company
HQ: New York, New York
2,935 Employees
Year Founded: 1919

What We Do

Starr Insurance 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. Starr has the global knowledge, vision and relationships to help your company succeed, anywhere you do business.

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