[Remote] Senior Insurance Allocation Analyst

Note: The job is a remote job and is open to candidates in USA. Davies Talent Solutions is seeking a Senior Insurance Allocation Analyst to work remotely within the U.S. The role involves building claim-level allocation models, creating decision-making tools, and reporting on results to stakeholders throughout the claims evaluation process.

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

• 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

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