Description
We are seeking an Allocation Manager to serve as a key member of our forensic accounting team.
The ideal candidate will have a strong technical background in accounting and finance, excellent communication and analytical skills, and the ability to work independently.
Key Responsibilities
- Conduct preliminary to intermediate analysis of sales, production, and other accounting data
- Perform physical inventory observations and price testing
- Examine source documents relevant to engagements
- Carry out insightful quantitative analysis on potential policy exposure for complex commercial casualty insurance claims
- Develop and model loss allocation scenarios for mass torts, including Asbestos, Hazardous Waste, and Pharmaceuticals
- Create customised solutions based on client needs, integrating insurance, data, and jurisdictionally driven legal opinions
- Collect, organise, and clean data from various sources for modelling purposes
- Check and proof reports and schedules
- Conduct interviews to gather information
- Prepare preliminary drafts of report narratives and schedules
- Analyse and reconcile claims to final calculations
- Ensure compliance with state and federal laws
Skills, Knowledge & Expertise
- Bachelor's degree or equivalent experience in Mathematics, Finance, Economics, or a related field
- At least three years of experience in allocating long-tail insurance claims
- Excellent Excel, Word, and data analysis skills
- Strong written, oral, and presentation skills
- Ability to work independently and collaboratively in a fast-paced environment
- Organisational skills to manage multiple complex projects simultaneously
- Attention to detail and adeptness at modelling qualitative issues quantitatively
- Knowledge of Python, VBA, HTML, or other coding languages is a plus
- Understanding of insurance principles, long-tail insurance claims, and jurisdictional intricacies
Benefits
We offer a competitive benefits package including paid vacation and holidays, 401k, medical, dental, vision, life, and disability.