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Making Numbers Make Sense
Senior Insurance Allocation Analyst
Location
Alabama
Posted
116 days ago
Salary
$85K - $100K / year
Seniority
Senior
Job Description
Senior Insurance Allocation Analyst
MDD Forensic Accountants
• 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.
Job 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.
Benefits
- MDD offers a competitive benefits package including paid vacation and holidays
- 401k
- medical
- dental
- vision
- life
- disability
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