ManagerDepartment: Forensic Accounting
Employment Type: Permanent - Full Time
Location: Home United States
DescriptionMDD is looking for a Manager to serve as an essential function of the forensic accounting team. The ideal candidate will have a sound technical background in accounting/finance, possess strong communication and analytical skills, and can work independently. They will work with clients and senior management to build claim-level allocation models, create decision-making tools and analytics, and accurately report on results and progress to senior management, clients, and related stakeholders throughout the large, complex claims exposure evaluation process.
Key Responsibilities- Preliminary to intermediate analysis of sales, production and other accounting data
- Physical inventory observation, price testing
- Examination of source documents pertinent to engagement
- 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
- Check and proof reports and schedules
- Conduct phone or in person interviews to obtain information
- Prepare preliminary draft of report narrative and schedules
- Analyze and reconcile claim to final calculation
- Research, data analysis and evaluation
- Ensure compliance with state and federal laws
- Research and other tasks assigned by manager
Skills, knowledge & expertise- 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.
