Senior Allocation Analyst

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🕒 6 days ago

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Logo of MDD Forensic Accountants

MDD Forensic Accountants

201 - 500 employees

Founded 1933

💸 Finance

Finance • Insurance • Consulting

MDD Forensic Accountants is a forensic accounting firm specializing in business valuations, shareholder disputes, and economic damage quantification. With over 40 offices globally, MDD provides expertise across a wide range of industries, delivering services to insurance companies, law firms, governments, and individuals. Their services include business interruption, lost profits, fraud investigations, and more, making them a trusted advisor for sound financial decision-making.

📋 Description

• Perform insightful quantitative analysis on potential policy exposure for long-tail or complex commercial casualty insurance claims. • Build and model loss allocation scenarios for mass torts, including Asbestos, Hazardous Waste, Sexual Abuse & Molestation, PFAS, Concussive Injuries, Pharmaceuticals, Toxic Torts, etc.. • Create customized solutions dependent on customer needs, combining insurance, data, and jurisdictionally driven legal opinions to accurately model pertinent scenarios . • Collect and organize data from various sources, ensuring data accuracy and completeness. • Perform data cleaning and transformation as needed for modeling purposes. • Provide ad-hoc reporting and data reconciliation services. • Assist in short-term project management, including assignment of tasks, record-level tracking of progress and real-time status reporting. • Clearly communicate results of various analyses to all stakeholders including coworkers, managers, partners, counsel, clients and opposing consultants.

🎯 Requirements

• Bachelor’s degree or equivalent work experience in Mathematics, Finance, Economics, or related field required. • At least three years of experience in allocating long-tail insurance claims as a consultant or in-house required. • Excellent Excel, Word, Data Analysis, and other relevant software skills required. • Strong written, oral communication and presentation skills. • Proven capability to work independently as well as collaboratively in a fast-paced, team environment. • Excellent organizational skills with ability to handle multiple complex projects at various stages of completeness at any given time. • Emphasis on attention to detail. • Adeptness at modeling qualitative issues using quantitative methods. • Knowledge of Python, VBA, HTML, or other coding language a plus but not required. • Knowledge of insurance principles, long-tail insurance claims and working knowledge of jurisdictional intricacies required. • Advanced degree a plus but not required.

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