This position performs financial and operational audits of Managing General Agents (MGAs) and Third Party Administrators (TPAs), who underwrite and administer policies, collect premiums and adjudicate claims on behalf of Starr Companies.
Responsibilities include:
- Perform testing, document test results, identify findings as applicable, and work with internal staff to design corrective actions that mitigate risk and ultimately add value.
- Responsible for drafting audit report comments for areas under review.
- Help prepare work papers documenting work performed and conclusions reached.
- Communicate audit results to the auditor in charge and to senior management.
- Understand and incorporate elements of post-audit corrective actions into future planning and risk assessments.
- Learn to scope out length and difficulty of tasks and projects.
- Assist in ensuring proper controls are in place and working effectively.
- Develop an understanding of current accounting principles and auditing techniques.
- Acquire a working knowledge of Starr Companies9 businesses and operations.
- Be committed to continuous improvement through empowerment and management of data.
- Leverage technology to positively impact quality.
Qualifications, Experience and Education Desired:
- Bachelor9s degree required. Accounting degree preferred.
- Professional certifications a plus (CPA, CIA, CFE, CISA, CRMA, CFSA).
- Two to four years of experience in audit or related background.
- Property & Casualty insurance industry experience a plus.
- MGA and/or TPA employment experience a plus.
- Excellent project management, analytical, interpersonal, oral and written communication skills.
- Professionalism, dependability, integrity and trustworthiness combined with a cooperative disposition is required.
- Highly motivated self-starter with the ability to multitask and complete assignments within time constraints and deadlines.
- Strong organizational skills and attention to detail.
- Proficiency with data analytic and/or data extraction tools.
For individuals assigned and/or hired to work in New York, Starr Insurance 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 $80,000-$95,000
