Summary
MDD Forensic Accountants is a global forensic accounting firm specializing in economic damage quantification for claims and disputes. The Manager will support the forensic accounting team by analyzing financial and claims data, building loss allocation models and decision-making tools, preparing reports, and communicating results to clients and senior management.
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
- Maintain regular and dependable attendance
- Be available and able to perform job responsibilities during established work hours
Skills
- 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 insurance principles, long-tail insurance claims and working knowledge of jurisdictional intricacies required
- Knowledge of Python, VBA, HTML, or other coding language a plus but not required
- Advanced degree a plus but not required
Qualifications
Must Haves
- 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 insurance principles, long-tail insurance claims and working knowledge of jurisdictional intricacies required
Nice to Haves
- Knowledge of Python, VBA, HTML, or other coding language a plus but not required
- Advanced degree a plus but not required
Benefits
- Paid vacation and holidays
- 401k
- Medical insurance
- Dental insurance
- Vision insurance
- Life insurance
- Disability insurance