Consultant – Insurance Claims Services | Economic and Financial Consulting
About the Role
Who We Are
FTI Consulting’s Insurance Claims Services team specialise in the assessment of financial losses ensuing from insured perils. We quantify insured losses in the context of contractual claims, litigation, arbitration, expert determination and mediation.
As part of the wider Economic and Financial Consulting practice, our multi-disciplinary team provides specialist accounting and insurance expertise to support our clients. We prepare independent and reliable assessments of the economic losses sustained by clients in a range of contexts, often following interruption to a business’s operations. We work closely with international law firms and global conglomerates, on varied and challenging assignments across a wide spectrum of industries.
What We Do
Examples of some of our recent projects include:
Quantifying economic losses ensuing from business interruption following operational restrictions arising from COVID-19
We were engaged to assess the economic losses arising from the closure of our client’s leisure resorts following the onset of the COVID-19 pandemic. Our tasks included the quantification of loss of profits, and associated savings across multiple properties, liaising closely with our client’s appointed legal counsel to align our analysis with the client’s policy specifications.
Quantifying economic losses ensuing from property damage due to a fire at a pharmaceutical production facility
We were engaged to assess the financial losses resulting from the fire at a manufacturing plant. Our tasks included ascertaining the property damage rectification costs and calculating the associated loss of profits and increased costs of working due to the temporary closure of the plant.
What You Will Do
Our practice is growing quickly, and it is an exciting time to join us. We work on fascinating projects across many different industries and in situations that matter greatly to our clients. As a Consultant you will have the opportunity to apply your intellect and skills to a diverse range of economic, valuation and business issues. You will play a key role in our projects, working in small teams to carry out industry, market, and quantitative analysis, and to report our findings in a clear, concise, and structured way.
How You Will Grow
We offer a competitive and attractive rewards package, excellent training and development, opportunities to work abroad, and a supportive and friendly environment that will help you to achieve your potential. The skills and experience you will develop with us will stand you in good stead for the rest of your career.
We are looking for people who:
• have a degree from a university with a reputation for excellence in the subject in question;
• are pursuing or willing to pursue a relevant qualification in finance or economics (such as ACA, ACCA, CFA or other);
• are able to demonstrate their quantitative skills, whether academically or in other ways;
• have strong analytical skills and relish problem-solving;
• are keen to develop a wide array of skills;
• can communicate effectively, both orally and in writing;
• are collaborative and work well in a team; and
• are able to conduct research in an effective way.
More specifically, great candidates will show a keen interest in developing their skills in an insurance claims context, and can already show some understanding of the principal concepts in quantifying the economic losses and increased costs of working arising from insured perils, as well as understanding the implications and impact of any mitigating factors such as savings.
We offer a competitive benefits and wellbeing programme including private medical insurance, dental insurance, life assurance, income protection in case of illness, employer pension contribution, 25 days of paid holiday, and much more.
About FTI Consulting
What makes us unique? With more than 7,000 employees located in offices in every corner of the globe, we are the firm our clients call when their most important issues are at stake. Regardless of what level you are, you will have the opportunity to work alongside and learn from top experts in your field on high-profile engagements that impact history. Our culture is collaborative, and we value diversity, recognition, development and making a difference in our communities.
FTI Consulting is publicly traded on the New York Stock Exchange and has been recognized as a Best Firm to Work For by Consulting magazine and one of America’s Best Management Consulting Firms by Forbes. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.
FTI Consulting is an equal opportunity employer and does not discriminate on the basis of race, colour, national origin, ancestry, citizenship status, protected veteran status, religion, physical or mental disability, marital status, sex, sexual orientation, gender identity or expression, age, or any other basis protected by law, ordinance, or regulation.
Create and manage profiles for future opportunities.
At FTI Consulting, our goal is to attract, hire, acquire, develop and, most importantly, retain the bestand most talented people in the world. As our company continues to grow, we remain focused on buildingand maintaining a strong culture of diversity and inclusion. All qualified applicants will receive considerationfor employment without regard to race, color, religion, creed, national origin or ancestry, gender, age,marital status, sexual orientation, status as a qualified individual with a disability, status as a protectedveteran, union affiliation, genetic information, sex, citizenship status, or any other factor prohibitedby law.