Reinsurance Accountant Salary at Starr International Company Inc BETA

How much does a Starr International Company Inc Reinsurance Accountant make?

As of March 2025, the average annual salary for a Reinsurance Accountant at Starr International Company Inc is $70,668, which translates to approximately $34 per hour. Salaries for Reinsurance Accountant at Starr International Company Inc typically range from $66,744 to $76,769, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Starr International Company Inc Overview

Website:
starrcompanies.com
Size:
3,000 - 7,500 Employees
Revenue:
$3B - $5B
Industry:
Insurance

Headquartered in New York City, New York, Starr Insurance Companies (or Starr) is a marketing name for the operating insurance and travel assistance companies and subsidiaries of Starr International Company, Inc. and for the investment business of C. V. Starr & Co., Inc. and its subsidiaries.

See similar companies related to Starr International Company Inc

What Skills Does a person Need at Starr International Company Inc?

At Starr International Company Inc, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Reinsurance: Reinsurance is insurance that is purchased by an insurance company, in which some part of its own insurance liabilities is passed on ("ceded") to another insurance company. The company that purchases the reinsurance policy is called a "ceding company" or "cedent" or "cedant" under most arrangements. The company issuing the reinsurance policy is referred simply as the "reinsurer". In the classic case, reinsurance allows insurance companies to remain solvent after major claims events, such as major disasters like hurricanes and wildfires. In addition to its basic role in risk management, reinsurance is sometimes used to reduce the ceding company's capital requirements, or for tax mitigation or other purposes. A company that purchases reinsurance pays a premium to the reinsurance company, who in exchange would pay a share of the claims incurred by the purchasing company. The reinsurer may be either a specialist reinsurance company, which only undertakes reinsurance business, or another insurance company. Insurance companies that accept reinsurance refer to the business as 'assumed reinsurance'.
  2. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
  3. Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.
  4. Communication Skills: Communication skills are your ability to share or understand information, ideas, and feelings successfully.
  5. Process Improvement: Analyzing and improving existing processes and workflows to minimize process errors and streamline organizational efficiency.

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Check more jobs information at Starr International Company Inc

Job Title Average Starr International Company Inc Salary Hourly Rate
2 Vendor Analyst $101,875 $49
3 Vice President, Claims $330,416 $159
4 Account Assistant $56,418 $27
5 Account Manager $111,184 $53
6 Accounts Payable Clerk $68,312 $33
7 Accounts Receivable $66,547 $32
8 Accounts Receivable Specialist $77,126 $37
9 Administrative Manager $207,964 $100
10 Application Developer $160,419 $77
11 Application Support Analyst $105,359 $51
12 Application Support Specialist $123,298 $59
13 Applications Support Analyst $105,359 $51

Hourly Pay at Starr International Company Inc

The average hourly pay at Starr International Company Inc for a Reinsurance Accountant is $34 per hour. The location, department, and job description all have an impact on the typical compensation for Starr International Company Inc positions. The pay range and total remuneration for the job title are shown in the table below. Starr International Company Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $70,668 look to you?

FAQ about Salary and Jobs at Starr International Company Inc

1. How much does Starr International Company Inc pay per hour?
The average hourly pay is $34. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Starr International Company Inc?
According to the data, the highest approximate salary is about $76,769 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Starr International Company Inc?
According to the data, the lowest estimated salary is about $66,744 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.