Forensic Accountant

Starr Underwriting; London; On-site; GBP 50,000 - 80,000; Full time

Job summary

A leading company in the insurance sector seeks a Forensic Accountant to assess financial insurance losses. The role involves a detailed analysis of financial data to support claims processing and liaising with clients for optimal outcome management. Join a supportive environment committed to professional growth with opportunities for continuous development.

Benefits

Continuous learning and development opportunities

Structured induction programmes and job training

Study support for relevant professional qualifications

Social and sporting activities

Qualifications

• A professional ACA or ACCA qualification is essential.
• Past experience in Forensic Accounting will be beneficial.
• Ability to work with minimal supervision and demonstrate a professional outlook.

Responsibilities

• Investigate and assess insured financial losses from inception to settlement.
• Provide support and advice to policyholders regarding their losses.
• Prepare reports by collecting and summarizing information.

Skills

Strong analytical skills

Strong negotiation skills

Exceptional verbal communication skills

Exceptional written communication skills

Attention to detail

Strong organisational skills

Interpersonal skills

Team player

Education

ACA or ACCA qualified accountant

Job description

Background

Charles Taylor is a global provider of professional services and technology solutions dedicated to enabling the global insurance market to do its business fundamentally better. Dating back to 1884, Charles Taylor now is currently in more than 120 locations spread across 30 countries in Europe, the Americas, Asia Pacific, the Middle East and Africa.

Charles Taylor believes that it holds a distinctive position in its markets in that it is able to provide professional services and technology solutions in order to support every stage of the insurance lifecycle and every aspect of the insurance operating model. Charles Taylor serves a diversified blue-chip international customer base that includes national and international insurance companies, mutuals, captives, MGAs, Lloyd's syndicates and reinsurers, along with brokers, distributors and corporate insureds.

Charles Taylor has three distinct business areas - Claims Services, InsureTech and Insurance Management.

Charles Taylor was acquired by an investment company in 2020 by Lovell Minnick, a US Private Equity firm that invests in the global financial services industry, including related technology and business services companies, with a focus on helping to build long term value for clients, employees and shareholders. The acquisition has supported the continuation of Charles Taylor's successful growth strategy, with a focus on expanding client relationships, broadening specialist capabilities and the range of services and technology solutions, deepening geographic coverage, and reinvesting in quality of service and technology.

For more information, please visit www.charlestaylor.com

The Role

The role of Forensic Accountant is to resolve financial insurance losses, including but not limited to, business interruption, product recall, product guarantee, cyber, fidelity and stock, by investigating claims through the detailed analysis and review of accounting records, third party information and general enquiries.

Through the methodical analysis of financial data and public information, you will be required to evaluate and identify the real economic impact of the insured incident, enabling the instructing party to minimise risks, protect assets and make informed decisions.

Upon completion of the review, the role is extended to assessing the quantum, negotiating the quantum with brokers, lawyers, accountants, and corporate management.

You will be part of the growing Charles Taylor Accounting Services (CTAS) team offering forensic accounting services to both internal adjusters and external clients.

Throughout the process, you will be required to work closely with the claimant and the adjuster, at times on your own otherwise as part of the larger accounting team. You may be required to work with other consultants retained by the adjuster, such as construction consultants and engineers, to help ensure that the loss measurement is aligned to the reinstatement timeline.

The role will not be limited to financial documents. You will need to look beyond the numbers. This may include researching market trends, industry information and conducting interviews with business owners, employees, vendors, and customers.

Key Responsibilities

• Investigate and assess insured financial losses from inception to settlement
• Provide support and advice to policy holders in relation to their losses
• Examine claims forms, policies and endorsements, client instructions and other records to determine coverage in the event of a financial loss
• Service current clients
• Build relationships and undertake marketing activities to grow client base
• Investigate insurance claims by interviewing claimants and witnesses, obtaining official reports, inspecting physical damage, comparing claim information with evidence presented
• Set loss reserves
• Perform detailed analysis and review of financial and non-financial information
• Prepare reports by collecting and summarising information
• Identify potential litigation when appropriate
• Present evidence and serve as an expert witness at legal proceedings
• Demonstrate and role model the Charles Taylor six Values by ensuring a Supportive Environment, upholding Excellence in People, focusing on Partnership with Clients, delivering High quality Work, promoting Group-wide Entrepreneurship, and having an Appetite for Change.

Required Skills

• ACA or ACCA qualified accountant
• Past Forensic Accounting experience will be beneficial
• Professional and positive outlook
• Work with minimal supervision
• Strong analytical skills
• Strong negotiation skills
• Exceptional verbal and written communication skills
• Exceptional attention to detail
• Strong organisational and interpersonal skills
• Team player

Why join Charles Taylor?

We are very proud of the fact that nine out of ten of our people recommend Charles Taylor as a place to work. We pride ourselves on having a positive work environment where our people are empowered to make the best decisions and where learning is valued highly and shared across our business.

We are very committed to ensuring our people are given continuous learning and development. As well as structured induction programmes and job training, we provide study support for relevant professional qualifications and have a Core Learning & Development Curriculum.

Charles Taylor is a fun and inclusive place to work where people are truly valued and encouraged to enjoy a host of social and sporting activities available. Quiz nights, tennis tournaments, football matches and a range of other events take place throughout the year

Equal Opportunity Employer

Here at Charles Taylor we are proud to be an Inclusive Employer. We provide an environment of mutual respect with zero tolerance to discrimination of any kind regardless of age, disability, gender identity, marital/ family status, race, religion, sex or sexual orientation.

Our external partnerships and the dedicated work we do in promoting a transparent and fair recruitment and selection process all contribute to the successful, inclusive and diverse culture and environment which we are proud to be a part of at Charles Taylor.