Senior Allocation AnalystApplication Deadline: 5 June 2026
Department: Forensic Accounting
Employment Type: Permanent - Full Time
Location: Home United States
Reporting To: John Goldwater
DescriptionMDD is looking for a Senior Allocation Analyst to serve as an essential supporting function of the forensics team. The Senior Allocation Analyst 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- 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.
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.
