Senior Insurance Allocation Analyst

Job not on LinkedIn

🔥 18 hours ago

🏈 Alabama – Remote

🏈 Alabama – Remote

💵 $85k - $100k / year

⏰ Full Time

🟠 Senior

🔒 Insurance

Apply Now

Find Similar Remote Jobs

Receive Emails For Remote Jobs

📊 Check your resume score for this job

Improve your chances of getting an interview by checking your resume score before you apply.

Upload Resume

MDD Forensic Accountants

WebsiteLinkedInAll Job Openings

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.