Position Description

Property Facultative Reinsurance Specialist
Location New York, NY
Location(s)
Employment Duration Full-time
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Starr Companies is looking for a full time Factultative Reinsurance Specialist to help grow the Property team.

Position Overview:  To administer and to support the accurate and timely processing and management of Starr’s facultative business for US, Canada and all overseas offices except Europe

Responsibilities:

  • Manage all Facultative Reinsurance placement Security Approvals submitted by branch offices. If required, seek security exceptions from Credit Department
  • Develop/Implement Company Reinsurance Certificate for each region/country in coordination with Reinsurance Legal department
  • Implement and maintain FAC Reinsurance Procedures specific to region and country
  • Manage all reinsurance intermediary relationships, agreements, new company requests , etc.
  • Maintain Facultative Reinsurance approval tracking spreadsheets by region
  • Work closely with internal Finance, Operations and Reinsurance departments to resolve issues relating to Facultative reinsurance
  • Manage proper deployment of Starr security across all offices in order to maintain insurance regulation compliance
  • Perform other duties relating to reinsurance as requested by senior management

 

Qualifications:

  • 5 to 10 years of experience in a reinsurance/facultative underwriting/broker environment
  • Property experience preferred 
  • Bachelor’s degree in business-related discipline preferred
  • CPCU and / or ARe designations a plus
  • Excellent communication and interpersonal skills
  • High attention to detail
  • Excellent MS Office skills

 

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Starr Companies is comprised of C. V. Starr & Co., Inc. and Starr Insurance Holdings, Inc., and is an equal opportunity employer, M/F/D/V and does not discriminate on the basis of race, color, religion, gender, gender identity, sexual orientation, national origin, age, citizenship, disability, marital status, pregnancy, veteran status or any other characteristic protected by law. Starr Companies all rights reserved.