The Forensic Accountant will support the preparation and analysis of complex insurance claims, including property damage, business interruption, and other financial loss claims. Working under guidance of senior team members, the role involves assisting in quantification of losses, reviewing supporting documentation and developing well-structured claim submissions. The individual will contribute to analytical and investigative work, ensuring accuracy and consistency, while gaining exposure to client interactions, policy interpretation and the overall claims process.
Claims Preparation and Analysis
Assist senior colleagues in the preparation of insurance claims for property damage, business interruption, and other financial losses.
Collect and organize financial, operational, and accounting data required for claim analysis.
Support the development of financial models and loss calculations in line with policy coverage and industry practices.
Help prepare claim documentation and working papers for submission to insurers and loss adjusters.
Client and Stakeholder Engagement
Support senior team members in meetings and discussions with clients, brokers, insurers, and loss adjusters.
Help prepare presentation materials and summaries for client and stakeholder communications.
Ensure clear documentation of client inputs, queries, and data received during the claim process.
Technical and Advisory Support
Assist in reviewing policy wordings and identifying relevant coverage sections under supervision.
Conduct preliminary financial and operational analysis to support the quantification of loss.
Contribute to identifying key drivers of loss, mitigation measures, and areas requiring clarification.
Reporting and Documentation
Prepare supporting schedules, reconciliations, and analysis for inclusion in claim reports.
Maintain organized working papers, ensuring traceability of data and calculations.
Follow internal quality control and documentation standards.
Internal Development and Collaboration
Contribute to internal knowledge sharing, templates, and best practice initiatives.
Participate in internal training programs and learning opportunities to develop technical and insurance knowledge.
Collaborate closely with team members to ensure efficient workflow and timely delivery of assignments.
Qualifications
A bachelor’s degree in finance, Accounting, Economics or related field.
Professional Accounting Qualification (eg. CA, CPA, ACCA)
At least 3 years of overall experience particularly in a Forensic Accounting, Auditing, Finance or accounting role.
A thorough understanding of and adherence to Lockton standards and procedures.
Strong numerical and data analytical skills with attention to detail.
Ability to build and maintain good business relationships with clients, insurers, and associates.
Ability to manage time, prioritize and ensure that deadlines are met without compromising quality.
Protects the confidentiality of information learned by performing position duties.
Ability to work effectively in a team and collaborate with cross-functional departments.
Proficient computer skills specifically in Microsoft products (Word, Excel, Outlook) and similar software applications.
Excellent communication skills, both written and verbal.
Demonstrates strong adaptability and actively seeks opportunities for professional growth and development.
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