Senior Accountant at Starr Companies in New York, NY

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.

Responsibilities:

-Reconcile TPA bank accounts and operate bank accounts in WD with the general ledger.

-Focus on cost center breakdown for TPA bank accounts posting.

-Identify and investigate discrepancies, such as outstanding checks, deposits in transit, and bank errors.

-Work with TPA service and TPA accounts to ensure that cost center codes are accurately reported and identified.

• Execute general ledger bank account reconciliations and ensure accurate reporting and data verification

-Prepare and provide a monthly smart list to various TPA accounts to support TPA bank reconciliation

-Process invoices/bills related to investment and submit them to AP for payment.

-Prepare and post journal entries for the bank accounts, making necessary adjustments.

• Support the financial close process and assist the STAT quarterly and year-end filings.

-Communicate with the monthly bank account holders to resolve various issues.

Required Skills and Qualifications

-Bachelor’s degree in accounting, or finance.

-Professional experience in an insurance accounting staff role

-Experience in Excel

• Knowledge of accounting systems, Workday/Great Plain

-Knowledge of Insurance accounting and corporate finance procedures

Salary range 128K -130K

Companies is required by law to include a reasonable estimate of the compensation range for this role. The wage range for this role takes into account 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 $128,000-$130,000

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.